Alaska Administrative Code — Title 15 (Revenue)

15 AAC 116.490

Definitions

Official textakleg.govlast amended Jun 24, 2012

In 15 AAC 116.410 - 15 AAC 116.490, unless the context requires otherwise,

# (1)

"buyer" means a person who purchases or otherwise acquires salmon from a person who participates in a common property fishery;

# (2)

"department" means the Department of Revenue;

# (3)

"person" means an individual, partnership, association, limited liability company, corporation, or any group or combination acting as a unit;

# (4)

"projected regional price" means the average price of salmon

# (A)

reported to the department in the prior year on returns filed under AS 43.75
(fisheries business license and taxes) that reflect processing activity in the area nearest to the terminal harvest area where the common property fishery assessment will be imposed; and

# (B)

adjusted up or down after taking into account current-year market conditions and salmon market trends;

# (5)

"salmon" means Pacific salmon and Pacific salmon byproducts such as roe if sold separately by the holder of the limited entry permit under AS 16.43.
(Eff. 6/24/2012, Register 202)
Statutory Authority:
Authority:
AS 16.10.455

Amendment history

Eff. 6/24/2012, Register 202

Source: official source document (full AAC Title 15 PDF)

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