Duties and functions of societies.

Subject to such rules as may be made in this behalf, a society may—

1. (a) take measures to make available fishing implements to its members at reasonable cost;
2. (b) advance loans to the members for the purchase of fishing implements and effect recovery of such loans in easy instalments;
3. (c) provide facilities for storage, processing and marketing of marine products;
4. (d) provide facilities to the members for the repair and maintenance of fishing implements;
5. (e) evolve and implement schemes for the welfare of the residents of fisheries villages;
6. (f) provide for the payment of accident relief to members and their families;
7. (g) provide for the payment of incapacity or disability or old age benefits to members;
8. (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
9. (j) perform such other fanctions as may be prescribed.