Presidential Decree No. 470 of 1993 on the establishment of a cooperative insurance fund on fishing boats for water resources’ cooperatives and their members.

This Decree provides for the establishment of a cooperative insurance fund on fishing boats for water resources’ cooperatives and their members. This fund will be mainly concerned with the different types of insurance and the different aspects of activities of the water resources’ cooperatives. The managing committee of the fund will consist of a chairman and six members appointed by the Minister of Agriculture upon the request of the chairman of the board of directors of water resources’ development. This Decree is composed of 7 articles.