Amendment status not verified — confirm the current text below against the official source.
Duties and functions of societies.— Subject to such rules as may be made in this behalf, a society may— (a) take measures to make available fishing implements to its members at reasonable cost; (b) advance loans to the members for the purchase of fishing implements and effect recovery of such loans in easy instalments; (c) provide facilities for storage, processing and marketing of marine products; (d) provide facilities to the members for the repair and maintenance of fishing implements; (e) evolve and implement schemes for the welfare of the residents of fisheries villages; (f) provide for the payment of accident relief to members and their families; (g) provide for the payment of incapacity or disability or old age benefits to members; (h) provide for such other welfare schemes as would improve the standard of living and ameliorate the social conditions of the members; (i) provide for matters ancillary or incidental to any of the functions aforesaid; and (j) perform such other fanctions as may be prescribed.