7.2 Threshold Requirement for PVR Listing

1. A large-scale purse seine vessel shall be in demonstrated compliance with, or otherwise exempted from, Section 6 – Capacity, and listed on the ISSF Record of Large Scale Purse Seine Vessels (Record) in order to be listed on the ISSF PVR.

2. All large-scale purse seine vessels owned by the same business organization shall be in demonstrated compliance with, or otherwise exempted from, Section 6 – Capacity, and listed on the Record in order to be listed on the ISSF PVR.

3. If a large scale purse seine vessel is not in demonstrated compliance as described in paragraph 1, any and all large scale purse seine vessels owned by the same business organization will not be eligible to be listed on the Record. If those vessels are already on the Record, they will be removed.

4. If a vessel owner proposes to replace a vessel that is going to be scrapped under ISSF Conservation Measure 6.2(a)2.d, ISSF recognizes that there can be a gap in time after a contract for scrapping the vessel is in place until the time that the vessel is scrapped. A vessel owner may produce an executed scrapping contract and demonstrate that the vessel is permanently retired from fishing activities to begin the auditor’s review under 6.2(a)2.d. The following will apply in such circumstance:

1. If the auditor determines that the new vessel will meet the requirements of the conservation measure once the old vessel is physically scrapped, the new vessel will be listed on the Record and PVR conditionally.
2. Within 6 months from the date of the scrapping contract, the vessel owner must provide certification that the older vessel has actually been scrapped
3. In the event, that the required certification is not timely provided, the new vessel and all other large-scale purse seine vessels owned by the same business organization will be removed from the Record and the PVR, unless the owner can prove force majeur in the event of a delay.

A “business organization” is an entity formed to carry on a commercial purpose, whether or not for profit. A business organization includes all entities that are commonly owned or controlled and accordingly form a common enterprise, including but not limited to parent organizations, subsidiary organizations and affiliated organizations.  For purposes of this measure, “owned” is defined as set forth in CM 6.2(e).

For the purposes of this measure, large-scale purse seine vessels are those with at least 335 m³ fish hold volume.