Act No. 96 on the Icelandic Tourist Board.

The objective of the present Act is to regulate the Icelandic Tourist Board, which shall be responsible for administering tourism according to this Act and other Acts that the agency operates under. The Tourist Board shall monitor and promote the development of tourism as an important and sustainable pillar in Icelandic society, taking into account the limits of Icelandic nature and society, as well as work on coordination, analysis and research in tourism. Its tasks include: 1. Issuing permits; 2. Supervision of licensed activities, including safety programs; 3. Implementation of tourism policy, planning and support for regional development; 4. Collection, dissemination and processing of information, including statistical data and other information; 5. Analysis of the need for research which, among other things, is useful for government policy-making, in cooperation with the industry and research institutes in the field of tourism; 6. Safety issues, quality issues and consumer protection in tourism; 7.Custody and administration of the Tourism Destinations Development Fund; 8. Supervision of the activities of the Tourist Board; 9. Supervision and control of insurance calculation and insurance obligation of providers according to the law on package tours.
The Act contains 21 organized in the following chapters: I. Administration; II. Licensing requirement; III. Security plans and research; IV. Control and cancellation of license; V. Penalties and various provisions; VII. Validity.