This Act provides that any fishing vessel and fishing vessel owner in respect of which or who a court judgments was entered in the Supreme Court of the Federated States of Micronesia in an amount in excess of $25,000 shall be denied the ability to apply for and/or to obtain any fishing licenses of any kind from the Authority to fish in the Exclusive Economic Zone of the Federated States of Micronesia until such judgment is satisfied. This Act shall apply to all unsatisfied judgments in the Supreme Court, regardless of the date the judgment was entered. All fishing vessels and fishing vessel owners which or who presently have fishing permits issued by the Authority shall be allowed to exhaust the current term of said permit after which the fishing ban required by this Act shall immediately take effect.
密克罗尼西亚联邦 · 2005-03-04