faolexa database of national legislation and international agreements concerning food and agriculture (including fisheries, forestry and water) maintained by the FAO Legal Office
Act on Formation and Operation of Agricultural, Fisheries and Food Investment Funds.
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FAOLEX Id: LEX-FAOC107582
Countries: Korea, Republic of
Regions: ASIA;North Pacific;North-West Pacific;East Asian Seas;Eastern Asia
Date of Text: 25/01/2010
Related Web Site: www.klri.re.kr
Type of Text: Legislation
Abstract: This Act aims to contribute to the balanced development of the national economy by promoting investments in the agricultural, fisheries and food industry and laying the foundation for sound growth of agricultural, fisheries and food enterprises.The Act provides for the establishment of organizations specialized in investment management to promote investments for the operation of the fund of funds for agriculture, fisheries and food investments. Requirements and duties of these organizations are set out in the text.The Act further provides for the formation and registration of agriculture and food associations, for penalties and for provisions of miscellaneous nature.
Main subjects: Agriculture
Main subjects: Fisheries
Main subjects: Food