P.R. Laws tit. 5, § 1524
The Fishing and Aquaculture Industry Council is hereby empowered to evaluate and elaborate a development and financing plan, an administrative and programmatic redesign in order for Puerto Rico to develop a modern and important fishing and aquaculture industry. Said plan shall analyze and provide concrete recommendations and options for action. The plan shall comply with the following goals and objectives, in addition to any others determined by the Council:
(a) Define the State’s role in the development of the fishing and aquaculture industry.
(b) Define the most adequate and effective administrative structures and government programs to promote the development of the industry, including an analysis of the possible options of transferring any existing programs related to the fishing and aquaculture industry to another agency or entity, as well as an evaluation of the services they provide to the industry.
(c) Analyze the various viable options in terms of the financing sources available for the effective development of the industry.
(d) Design promotional and basic and applied research programs addressed principally to the service of this industry.
(e) Define the industrial activities that can be developed with the products generated by fishing and aquaculture and establish their viability.
(f) Define the necessary activities and establish a schedule thereof directed to provide fishermen with the vessels, appropriate fishing gear, access to financing technology, technical assistance, learning and training, which will propitiate the development of a modern and competitive fishing industry in Puerto Rico.
(g) Recommend public policy, institutional, financial and technological mechanisms that will stimulate the involvement of the private sector in the development of fishing and aquaculture.
The plan established in this section shall be completed in the term of one (1) year from the approval of this act.
The Council shall render a progress report to the Legislature every four (4) months and shall submit a final report containing its conclusions and recommendations within the term indicted above.
History —Aug. 23, 1990, No. 61, p. 245, § 5.