Roles of Galilee Development Authority
Introduction- roles and authorities
The Galilee Development Authority acts according to the Galilee Development Authority Law- 1993 (henceforth: "the Law")
2. The Authority's roles
The roles of the Authority as defined by law are as follows:
(a) To initiate actions towards the economic, social, scientific and technological development of the Galilee;
(b) Draw out plans of the economic, social, scientific and technological development of the Galilee;
(c) To encourage economic enterprises.
(d) To Coordinate among government offices, authorities an organizations that are engaged in the development of the Galilee.
(e) To initiate researches and provide information pertaining to the initiatives, plans and economic, social, scientific and technological enterprises.
(f) To consult and assist in all matters relating to the planning and establishment of economic, social, scientific and technological enterprises including all the required procedures needed for this.
(g) To promote the settling of administrations of organizations especially governmental units and companies
(h) To initiate actions towards settling the Galilee and enhancing its capacity to absorb new inhabitants.
3. The authorities of the Authority:
The roles of the Authority as defined by law are as follows: The roles of the Authority as defined by law are as follows:
a. To determine the organizations that would carry out the development plans initiated by the Authority.
b. To ascertain the use of the resources that would be put to use.
c. To receive donations in Israel and abroad to carry out its roles.
d. To set up corporations, by itself or with the aid of others, or obtain rights in existing corporations.
e. To create and sustain funds for economic development.
f. To receive loans, stipulated by law, needed for performing its roles and issue debentures.
g. The loans, debentures and their conditions require the Minister's confirmation and the Minister of Finance's agreement.
h. To take any action needed to carry out its roles.