Fisheries Seed Industry Promotion Act. Country/Territory Korea, Republic of Document type Legislation Date 2015 (2022) Source FAO, FAOLEX Subject Fisheries Keyword Aquatic animals Aquatic plants Business/industry/corporations Aquaculture Research International relations/cooperation Local government Inspection Subsidy/incentive Geographical area Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific Abstract The purpose of this Act is to promote the fisheries seed industry as a high-value-added industry and to contribute to the sustainable development of fisheries by providing for matters concerning research on and the preservation, production, and distribution of seeds for fisheries and the promotion of and support to the fisheries seed industry. For the purpose of the present Act, "seeds for fisheries" means seeds of aquatic animals and seeds of aquatic plants. Article 9 states that the the State and local governments shall implement the following matters to promote the development of techniques related to the fisheries seed industry: 1) Surveys of the trends in and demand for techniques related to the fisheries seed industry; 2) Research and development concerning techniques related to the fisheries seed industry; 3) Industrialization of developed techniques related to the fisheries seed industry; 4) Exchange of techniques related to the fisheries seed industry; 5) Support for investment, financing, and guarantee for the provision of funds necessary for the development of techniques; 6) Other matters necessary to promote the development of techniques related to the fisheries seed industry. The text consists of 43 articles. Full text English Website elaw.klri.re.kr References - Legislation Implemented by Enforcement Decree of the Fisheries Seed Industry Promotion Act. Legislation | Korea, Republic of | 2016 (2022) Keyword: Aquatic animals, Aquatic plants, Business/industry/corporations, Aquaculture, Institution, Research, Offences/penalties, Enforcement/compliance Source: FAO, FAOLEX