Commercial fishing is defined as fishing for any fishery resource for the purpose of subsequent sale or benefit whether it is done on a full-time or part-time basis. Current fisheries legislation stipulates that only Bahamian owned crafts can legally fish commercially within Bahamian waters. Any vessel that is 20 feet or larger that is used for commercial fishing must be licenced.
Every person desirous of operating a craft for hire shall apply to the Authority and shall furnish all relevant particulars and make any relevant declarations specified in Form I of the Third Schedule to these Regulations.
The application shall be accompanied with all relevant attachments.