Section 20 AAC 05.620 - Economic dependenceThe standard of economic dependence upon the fishery includes a consideration of percentage of income derived from the fishery, reliance on alternative occupations, availability of alternative occupations, and investment in vessels, gear and setnet sites. The commission will determine an applicant's economic dependence as of the qualification date established under AS 16.43.260(d) or (e) and will therefore give primary weight to evidence from the years immediately preceding the qualification date and will consider the above four factors as follows:
(1) the commission will rank an applicant based on the two factors of percentage of income derived from the fishery and reliance on alternative occupations by considering the relation between "annual catch value" and "nonfishing occupational income," as ex-pressed as an "income dependence percentage" as these terms are defined in 20 AAC 05.660. Points for income dependence will be awarded only to applicants who harvested the fishery resource commercially while participating as a gear license holder during a year in which income dependence is claimed. A higher income dependence percentage indicates a higher degree of economic dependence upon the fishery;(2) the commission will rank an applicant based on the factor of investment in vessels, gear and setnet sites if the applicant, on the qualification date, was the owner of a vessel, gear or setnet site used or to be used in the fishery for which he is applying; or, if the applicant at any time between his last landing in the fishery and the qualification date was the owner of a vessel, gear or setnet site used in the fishery, so long as the applicant had fished consistently in the year prior to the qualification date. In the case of a setnet site the commission will consider the owner to be the person or persons who could rightfully exercise the power to sell or transfer the setnet site according to the accepted customs and usages of the area. In cases where a vessel, gear or setnet site was owned jointly or in a corporate capacity, an applicant's points will be determined by multiplying his percentage of ownership interest times the total number of points possible. Fractional points will round off to the nearest whole number, with.5 rounding off to the lower whole number;(3) the commission will rank an applicant based on the factor of availability of alternative occupations according to his place of domicile.Eff. 12/18/74, Register 52Authority:AS 16.43.100
AS 16.43.110(a)
AS 16.43.250(a)