Laws and regulations
The operation of the Ports of Faxaflói, as well as other ports in Iceland, is governed by the Harbour act No. 61 of 27 March 2003, which entered into force on 1 July 2003.
Lög og reglugerðir
The operation of the Ports of Faxaflói, as well as other ports in Iceland, is governed by the Harbour act No. 61 of 27 March 2003, which entered into force on 1 July 2003.
Other laws and regulations applicable to port operations include, for example:
Harbour Regulation for the Ports of Faxaflói
Navigation Marks / Shipping Lanes
Lighthouses, marks, buoys, and shipping routes
Act on the Protection of the Sea and Coast Against Pollution
Act on the Icelandic Maritime Traffic Service
Regulation on Weighing and Registration of Marine Catch
Regulation on Accident Prevention and Safety Equipment in Ports
With the entry into force of the current Harbour Act, port operations fall under the Value Added Tax Act. The Directorate of Internal Revenue has issued guidelines on VAT related to port operations.