; and (2) in paragraph (2), by striking , all Limited Areas closed to fishing, after outside of the Licensing Area . 8. Licenses (a) Forwarding and transmittal of vessel license application Section 9(b) ( 16 U.S.C. 973g(b) ) is amended to read as follows: (b) In accordance with subsection (e), and except as provided in subsection (f), the Secretary shall forward a vessel license application to the Administrator whenever such application is in accordance with application procedures established by the Secretary. . (b) Fees and schedules Section 9(c) ( 16 U.S.C. 973g(c) ) is amended to read as follows: (c) Fees required under the Treaty shall be paid in accordance with the Treaty and any procedures established by the Secretary. . (c) Minimum fees required to be received in initial year of implementation for forwarding and transmittal of license applications Section 9 ( 16 U.S.C. 973g ) is amended— (1) by striking subsection (f); (2) by redesignating subsections (g) and (h) as subsections (f) and (g), respectively; (3) by amending subsection (f), as so redesignated, to read as follows: (f) The Secretary, in consultation with the Secretary of State, may determine that a license application should not be forwarded to the Administrator if— (1) the application is not in accordance with the Treaty or the procedures established by the Secretary; or (2) the owner or charterer— (A) is the subject of proceedings under the bankruptcy laws of the United States, unless reasonable financial assurances have been provided to the Secretary; (B) has not established to the satisfaction of the Secretary that the fishing vessel is fully insured against all risks and liabilities normally provided in maritime liability insurance; or (C) has not paid any penalty which has become final, assessed by the Secretary in accordance with this Act. ; and (4) in subsection (g), as so redesignated— (A) by amending paragraph (1) to read as follows: (1) chapter 12113 of title 46, United States Code;