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Fisheries Loans Act (Cap. 109).

Country/Territory
Grenada
Document type
Legislation
Date
1956 (2013)
Source
FAO, FAOLEX
Long title
An 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