(a) The prohibitions of Sec. 300.38 and the licensing requirements of Sec. 300.32 do not apply to fishing for albacore tuna by vessels using the trolling method or to fishing by vessels using the longline method in the high seas areas of the Treaty Area.
(b) The prohibitions of Sec. 300.38(a)(4), (a)(5), and (b)(3) do not apply to fishing under the terms and conditions of a fishing arrangement. [61 FR 35550, July 5, 1996, as amended at 72 FR 6153, Feb. 9, 2007]