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.
Amended by: Outer Islands Development Corporation (Amendment) Act 2017 (No. 8 of 2017). (2017-07-07)
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Although known to Arab and Malay sailors as early as the 10th century, Mauritius was first explored by the Portuguese in the 16th century and subsequently settled by the Dutch - who named it in honor of Prince Maurits van NASSAU - in the 17th century. The French assumed control in 1715, developing the island into an important naval base overseeing Indian Ocean trade, and establishing a plantation economy of sugar cane. The British captured the island in 1810, during the Napoleonic Wars.