This law establishes rules for issuing visas to foreigners who wish to enter Iceland in accordance with the Schengen cooperation agreement. It defines when foreigners need a visa, who issues them, and what conditions must be met. The law mandates cooperation between ministries, police authorities, the Directorate of Immigration, and other agencies to ensure coordinated implementation and secure border control. A steering committee on visas is established to coordinate Schengen cooperation in this area.