Fees and charges

(1) There shall be paid in respect of every license issued under this Act, fees, contributions or other forms of compensation. (2) The fees, contributions or other forms of compensation for licenses issued pursuant to this Act and other charges in relation to license administration shall be prescribed by Regulations made under this Act. (3) In determining the level of fees, contributions or other forms of compensation for licenses for fishing and related activities, the Registrar shall take the following, inter alia, into accountHigh Seas Fishing 33 (a) the value of the fish species being caught; (b) the quantity of the species caught; (c) the gear type; (d) alternative use of the fishery resources; (e) the cost of fishery and development; (f) the cost of observers; (g) the cost of fisheries research, administration and enforcement; (h) any other expenses that may result from the administration of the high seas fishing fleet. (4) License fee may be classified, inter alia, according to the value of species caught and the length overall, gross tonnage, type of gear, or other methods related to the harvesting potential of the vessel. (5) No license shall be issued pursuant to this Act unless the requisite fees, contributions, charges and other forms of compensation have been paid in accordance with this Act.