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Fisheries Act.
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Countries: Korea, Republic of
Regions: Asia;North Pacific;North-West Pacific;East Asian Seas;Eastern Asia;ASIA AND THE PACIFIC
Date of original Text: 22/04/2009
Date of Consolidation: 24/03/2014
Implemented by: LEX-FAOC160014 Distant Water Fisheries Development Act. 06/01/2015
Implemented by: LEX-FAOC136728 Enforcement Decree on the Act on the exercise of sovereign rights on foreigners' fishing, etc. within the Exclusive Economic Zone. 23/03/2013
Implemented by: LEX-FAOC136722 Fishing Ground Management Act. 13/08/2013
Implemented by: LEX-FAOC136726 Fishing Management and Promotion Act. 23/03/2013
Related Web Site: www.klri.re.kr
Type of Text: Legislation
Abstract: The purpose of this Act is to establish a fundamental system for fisheries to promote the development of fisheries and the democratization of fishery business by comprehensively utilizing fishery resources and waters and consequently enhancing the productivity of fisheries.This Act consists of 12 Chapters divided into 102 articles: General provisions (I); Licensed fishery business (II); Permit- required and reported fishery business (III); Fostering of fish farming (IV); Fishery catch transportation business (V); Coordination of fisheries, etc. (VI); Promotion of Fisheries (VII); Fisheries Development Fund (VIII); Compensation, subsidy and ruling (IX); Fisheries Mediation Committee (X); Supplementary provisions (XI); Penal provisions (XII).This Act shall apply to the sea, seashores and seawaters developed on land artificially for the purpose of the fishery business.Fishing ground utilization and development plan shall be drawn up in accordance with article 4. Any person who intends to engage in fishery business falling under specified categories, including aquaculture, shall obtain the licence of a head of Si/Gun/Gu (art. 8). Article 9 provides for licences for communal fishing business. Articles 16-21 provide for the acquisition, nature and registration of fishery rights.Chapter III sets out procedures and requirements for obtaining fishing vessel permits and provides for restrictions and conditions of permits.The Minister for Food, Agriculture, Forestry and Fisheries shall establish and implement plans for the development of fishery farming. Fish farming development zones may be designated for fostering fish farming.Establishment of fishing grounds, equipment necessary and size of fishing vessels, and installation and protection of signs indicating fishing grounds are provided for in Chapter VI.The Government shall establish a Fisheries Development Fund to secure financial resources necessary for the provision of management funds for fishery business, the improvement of the distribution structure for marine products and their price stabilization. In order to deliberate matters on the compensation, arbitration, etc. for fisheries and fish farming, the Central Fisheries Mediation Committee shall be established in the Minister for Food, Agriculture, Forestry and Fisheries.
Comment: Consolidated version of Act No. 8626 of 22 April 2009, as last amended by Act No. 12541 of 24 March 2014.
Main subjects: Fisheries