V Northeast Fishery Sector

The organization engages in the forming of a Sector of fishermen ("members") to receive or accept an aggregate allocation of fishing privileges to be harvested by members. In addition, it will manage the harvest of the aggregate allocation of fishing privilges among the members, to enhance the conditions of the members and the relevant fisheries and to improve the efficiency of harvest of the relevant Fishery resources. Finally, the organization encourages responsible fishing methods and practices to conserve Fishery and other environmental resources, advancing and ensuring survival of sustainable fisheries, and providing opportunities for economically practical and viable entry to and exit from the relevant fisheries.