For-Hire Fishing Vessel Law and Legal Definition

According to 50 CFR 600.1400, [Title 50. Wildlife And Fisheries; Chapter VI. Fishery Conservation And Management, National Oceanic And Atmospheric Administration, Department Of Commerce;Part 600. Magnuson-Stevens Act Provisions; Subpart P. Marine Recreational Fisheries Of The United States] ‘for-hire fishing vessel’ means “a vessel on which passengers are carried to engage in angling or spear fishing, from whom a consideration is contributed as a condition of such carriage, whether directly or indirectly flowing to the owner, charterer, operator, agent or any other person having an interest in the vessel.”