Council approved RQE as a new entity to purchase and hold commercial halibut quota for use by the charter sector

The North Pacific Fishery Management Council has approved the formation  of a non-profit Recreational Quota Entity (RQE) that can purchase and hold commercial halibut quota  for use by the charter sector in Alaska. Limits apply – 1% of commercial quota may be purchased and transferred to the RQE in Area 2C (Southeast) and 1.2%  in area 3A (South-central) each year.