Act No. 72 on the Fisheries Fund. Pays/Territoire Islande Type du document Législation Date 2008 (2020) Source FAO, FAOLEX Sujet Pêche Mot clé Fonds spécial Aquaculture Pêche continentale Recherche Aire géographique Arctique, Îles de l'Océan Atlantique, Europe, Europe et Asie Centrale, Atlantique Nord, Atlantique du Nord-Est, Europe du Nord Entry into force notes This Act entered into force on 1 January 2009. Résumé The present Act establishes the Fisheries Fund. The Fisheries Fund is an independent fund owned by the state and managed by the Ministry of of Fisheries and Agriculture and the Ministry of Industry and Innovation, which has the role of providing loans or grants for projects that serve the purpose of promoting fish farming, improving fishing facilities, supporting research in rivers and lakes and increasing the value of fishing from them. The Fund shall be administered by a Board. Provisions on the composition and task of the Board are described. The Act also lays down details provisions on the allocations from the Fund. A regulation containing further provisions on the implementation of this Act, including on procedures and the allocation of funds from the Fisheries Fund, may be issued by the competent Ministries. Texte intégral Islandais Site web www.althingi.is