Chapter VI Fishery Development
Article 52
For the purpose of fisheries financing, the competent authority shall, in conjunction with the authorities concerned, consult with financial institution(s) about providing various fishery loans.
The financial and the fisheries competent authorities may, when necessary, approve the establishment of fisheries financial institution(s).
Article 53
For the purposes of promoting fisheries investment and assuring fisheries safety, the competent authority shall coordinate with the authorities concerned to launch various fisheries insurance programs, or shall designate fishermen’s association(s) or consult with public or private insurance institution(s) to undertake the programs.
Article 53-1
For the purpose of protecting fishermen's lives and property safety, the competent authority may prescribe regulations regarding relevant matters such as salvage operations for fishing vessels in distress, rescues of fishermen and fishing vessels in distress, awards to motor-powered vessel owners, and insurance to fishermen in their sea operations.
Article 54
For the purposes of assuring fishery safety and maintaining the orderly operation within fishing areas, the competent authority shall conduct the following matters:
(1)Construction and maintenance of fishing ports and fisheries infrastructure.
(2)Deployment of patrol fleets to perform the duties of salvage, patrol, and fishery protection.
(3)Establishment of fisheries radio broadcasting stations.
(4)Establishment of safety facilities such as beacons, sign poles, and weather forecasting systems.
(5)Establishment of regulations on operating in fishing grounds and the operation of fishing vessels.
(6)Requests to the Ministry of Defense and other authorities concerned for the necessary assistance and protection.
Article 55
The competent authority may provide awards to any party that is under any of the following circumstances:
(1)Improving facility/facilities thus conducive to fisheries safety and salvage.
(2)Improving fishing vessel(s), fishing gear(s), fishing method(s), or processing method(s) of fisheries products, with remarkable result(s).
(3)Promoting fisheries education or conducting fisheries research(es), with remarkable result(s).
(4)Exploiting fisheries resources thus conducive to fisheries development.
(5)Contributing significantly by other means to fisheries development.
Regulations on the awards as referred to in the preceding paragraph shall be prescribed by the central competent authority.
Article 56
For the purpose of promoting fisheries development, the government shall establish a fisheries development fund. The competent authority shall propose the amount of the said fund to the Executive Yuan for approval, and duly appropriate its budget accordingly.
The Executive Yuan shall prescribe regulations governing the incomes, expenditures, custody, and utilization of the fisheries development fund.
Article 57
In response to price fluctuation of fisheries products and to stabilize the production and marketing of fisheries products, the competent authority may take appropriate guiding measures to maintain the stabilization of price and sustainable development of industries.
Article 58
For fishing vessels, fishing gears, and fisheries materials imported for the purpose of fisheries production, in case that such items are not manufactured domestically or the quantity of those domestically manufactured is insufficient the Customs duty shall be exempted and reduced. Any item imported by a fisheries research institute for fisheries experimental and research purposes shall be exempted from the Customs duty.
The Executive Yuan shall decide and promulgate items eligible for exemption or reduction of the Customs duty as referred to in the preceding paragraph and standards thereof.
Article 59
Fuel for powered-equipment used in fisheries shall be exempted from commodity tax. The Executive Yuan shall decide the standard of preferential price of the fuel for powered-equipment used in fisheries.
Article 59-1
To encourage fishermen to voluntarily cease fishing, and to reward fishermen for complying with the fishing closure, which lasts for two months or more every year, as promulgated by the central competent authority pursuant to Article 37 or 44, the central competent authority shall annually budget the reward for voluntary fishing cessation and closure by fishing vessels.
For the reward for voluntary fishing cessation closure as referred to in the preceding paragraph, regulations on the qualifications for application, terms and conditions, required documents, procedures, deadline, reward amount, manner(s) for granting the reward, revocation condition(s), and other requirements shall be prescribed by the central competent authority.