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Conditions for fishing authorisations by the flag Member State A flag Member State may only issue a fishing authorisation for fishing operations carried out in third-country waters under an SFPA if:

(a) the eligibility criteria set out in Article 5 are fulfilled;

(b) the conditions set out in the relevant SFPA are complied with;

(c) the operator has paid all fees due under the relevant agreements, and where applicable, related financial sanctions established by a judicial or administrative decision having final and binding effect; and (d) the fishing vessel has a valid fishing authorisation issued by the third country with sovereignty or jurisdiction over the waters where the fishing operations take place.