Fishermen Welfare Fund Act 2000 (No. 28 of 2000).

This Act establishes the Fishermen Welfare Fund, defines its objects and powers and provides with respect to its management and financing. The Fund shall be a body corporate managed by a Board.
The objects of the Fund shall be- (a) to advance and promote the welfare of fishermen and their families; (b) to manage and optimise the financial and other resources of the Fund to further the social and economic welfare of fishermen; (c) to develop schemes and projects for the welfare of fishermen; (d) to set up schemes, including schemes in respect of loans or other financial assistance, for the benefit of fishermen who make contributions under this Act; (e) to do all such things as appear to be necessary and conducive to the promotion of the welfare of fishermen in general. The Fund shall establish a General Fund, into which a licensee of a fishing vessel shall pay such contribution as may be prescribed. Any fisherman who wishes to benefit from any scheme set up under section 4(d) shall pay such contribution as may be prescribed into such special fund as the Fund may set up.