Fisheries Loans Act (Cap. 109). Country/Territory Grenada Document type Legislation Date 1956 (2013) Source FAO, FAOLEX Long titleAn Act to make provision for assisting the fishing industry by way of loans for the building of fishing boats and for the equipment thereof with engines and sails. Subject Fisheries Keyword Credit Fishing vessel Registration Legal proceedings/administrative proceedings Offences/penalties Geographical area Americas, Caribbean, Small Island Developing States Abstract This Act provides with respect to the granting of loans owners of fishing boats. It shall be lawful for the Minister to make loans to bona fide fishermen and to the owners of commercial fishing boats in accordance with the Regulations made under this Act. All loans granted under this Act shall be a first lien or charge against the fishing boat, materials, engine and sail in respect of which the debt was incurred. A person who, without the prior consent of the Minister, sells or otherwise dispose Full text English References - Legislation Implemented by Fisheries Loans Regulations (Cap. 109). Legislation | Grenada Keyword: Credit, Fishing vessel, Registration, Certification Source: FAO, FAOLEX