Act on Fostering and Supporting Agricultural and Fisheries Entities.

The purpose of this Act is to contribute to the stable supply of safe agricultural and fisheries products and food to citizens and to the stability of societies in agricultural and fishing villages and national development by fostering competitive agricultural and fisheries business entities and invigorating joint business operation in agriculture and fisheries.
The State and each local government shall establish and implement comprehensive policies necessary for fostering and supporting competitive agricultural or fisheries business entities. The State shall also establish and implement a plan for providing support to agricultural and fisheries entities. An agricultural or fisheries business entity that intends to obtain financial support, such as loan or subsidy related to agriculture or fisheries business or agricultural or fishing villages, shall register the business information as prescribed in Article 4.
The Act further makes provisions, inter alia, for: the training of next-generation human resources for agriculture and fisheries and for the improvement of economies in scale in business management; the establishment of a agricultural partnership or a fisheries partnership and of agricultural and fisheries companies; etc.