Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Act No. 106 on the Icelandic Regional Development Institute.

Country/Territory
Iceland
Document type
Legislation
Date
1999
Source
FAO, FAOLEX
Subject
Agricultural & rural development, General
Keyword
Governance Institution Rural employment
Geographical area
Arctic, Atlantic Ocean Islands, Europe, Europe and Central Asia, North Atlantic, North-East Atlantic, Northern Europe
Entry into force notes
This Act came into force on 1 January 2000.
Abstract

The present Act regulates the Icelandic Regional Development Institute, an independent state-owned agency falling under the authority of Minister of Transport and Local Government. It is divided in three sections: I. Functions and Administrative Structure; II. Operations; and III. Miscellaneous Provisions. The Institute's functions are to promote rural settlement and economic activity, with special emphasis on the creation of equal opportunities for all inhabitants to employment and habitation. It contributes to the preparation, organisation and financing of projects and the provision of loans with the aim of fostering regional settlement, promoting employment and supporting innovation in business and industry.

Full text
English
Website
www.byggdastofnun.is

References - Legislation

Implemented by

Regulation no. 347 on the Icelandic Regional Development Institute.

Legislation | Iceland | 2020

Keyword: Governance, Institution, Rural employment

Source: FAO, FAOLEX