Outer Islands Development Corporation Act (Act 41 of 1982).

This Act makes provision for the establishment of the Outer Islands Development Corporation as a body corporate. The Corporation shall— (a) be responsible for the management and development of the Outer Islands; (b) advise the Minister on— (i) the development of such activities as may lead to a more economic exploitation of the Outer Islands; (ii) the grant or determination of leases over the Outer Islands on such terms and conditions as shall warrant their optimum use. The Minister may make such regulations as he thinks fit for the purposes of this Act. The Board of the Corporation may fix— (a) the purchase or sale price of copra; (b) the purchase or sale price of any other agricultural or fishing product obtained from the Outer Islands; (c) any lease rentals that may be levied; (d) the purchase or sale price of guano.