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Tourism Development Corporation of The Bahamas Act (No. 29 of 2023).

Country
Type of law
Legislation
Source

Abstract
This Act lays down provisions on the establishment, functions and powers of the Tourism Development Corporation of The Bahamas; establishment of the Tourism Development Fund; registration, certification and standards for tourism-related enterprises; support for approved tourism-related enterprises and tourism development; and offences.
The objectives of this Act are: (I) to develop, enhance, expand, diversify, and revitalize tourism products and experiences; (II) to support the ease of doing business in the tourism industry; (III) to facilitate opportunities for tourism entrepreneurial growth, employment and income generation and spreading of the benefits of tourism across the economy; (IV) to promote domestic entrepreneurship, investment in tourism and thereto facilitate tourism investment incentives and concessions and technical assistance; (V) to provide for the registration of tourism-related enterprises; (VI) to support tourism related micro, small and medium enterprises; (VII) to provide for standards and certification of tourism products to encourage tourism product quality; (VIII) to cultivate collaboration, networking, partnerships and linkages for resilient and sustainable tourism development; (IX) to secure corporate social responsibility funding to advance conservation and environment protection as part of the operations of tourism enterprises and to support the resilient and sustainable tourism development of the industry; and (X) to facilitate any other matters connected therewith.
Long title of text
An Act to establish the Tourism Development Corporation of The Bahamas; to establish a Tourism Development Fund; to encourage the resilient and sustainable development of the tourism industry and for matters connected therewith.
Date of text
Repealed
No
Serial Imprint
Official Gazette (Extraordinary) of 1 July 2023.
Source language

English

Legislation Amendment
No