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Description:Individual quotas (IQ) is one of the new fishery management approaches in the Gulf of Mexico. The quotas are for a share of an allowable catch. An IQ can be for a fisherman or vessel. When the individual quota is transferable, it is called an individual transferable quota. Transfers to whom? Transferable in whole or in part? Transferred permanently or just leased to others? These alternatives can be confusing. This publication is designed to help fishermen and managers think about the elements of IQs, to make the topic of IQs less complex and less uncertain.
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Sea Grant Document Number:LSU-H-95-002
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Rights Information:Public Domain
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Compliance:Library
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