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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 50 - Wildlife and Fisheries |
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Chapter II - National Marine Fisheries Service, National Oceanic and Atmospheric Administration, Department of Commerce |
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SubChapter K - Continental Shelf |
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Part 296 - Fishermen'S Contingency Fund |
§ 296.1 - Purpose.
Latest version.
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§ 296.1 Purpose.
These regulations implement title IV of the Outer Continental Shelf Lands Act Amendments of 1978, as amended (title IV). Title IV establishes a Fishermen's Contingency Fund to compensate commercial fishermen for damage or loss caused by obstructions associated with oil and gas activities on the Outer Continental Shelf.