SPECIAL ACT ON BALANCED NATIONAL DEVELOPMENT
Act No. 7061, Jan. 16, 2004
Amended by Act No. 7848, Jan. 11, 2006
Act No. 8047, Oct. 4, 2006
Act No. 8050, Oct. 4, 2006
Act No. 8084, Dec. 26, 2006
Act No. 8160, Dec. 30, 2006
Act No. 8423, May 11, 2007
Act No. 8852, Feb. 29, 2008
Act No. 8975, Mar. 21, 2008
Act No. 9051, Mar. 28, 2008
Act No. 9346, Jan. 30, 2009
Act No. 9629, Apr. 22, 2009
Act No. 9932, Jan. 18, 2010
Act No. 10303, May 17, 2010
Act No. 10386, Jul. 23, 2010
Act No. 10653, May 19, 2011
Act No. 10898, Jul. 25, 2011
Act No. 11433, May 23, 2012
Act No. 11530, Dec. 11, 2012
Act No. 11690, Mar. 23, 2013
Act No. 12161, Jan. 1, 2014
Act No. 12215, Jan. 7, 2014
Act No. 12335, Jan. 28, 2014
Act No. 12412, Mar. 11, 2014
Act No. 12737, jun. 3, 2014
Act No. 13426, Jul. 24, 2015
Act No. 13931, Jan. 28, 2016
Act No. 14309, Dec. 2, 2016
Act No. 14599, Mar. 21, 2017
Act No. 14839, Jul. 26, 2017
Act No. 14991, Oct. 31, 2017
Act No. 15309, Dec. 26, 2017
Act No. 15489, Mar. 20, 2018
Act No. 16202, Jan. 8, 2019
CHAPTER I GENERAL PROVISIONS
The purpose of this Act is to redress imbalance between regions and to facilitate local specialized independent development, thereby contributing to the improvement of people’s lives and balanced national development. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018>
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
The terms used in this Act are defined as follows: <Amended by Act No. 10653, May 19, 2011; Act No. 12215, Jan. 7, 2014; Act No. 13426, Jul. 24, 2015; Act No. 14599, Mar. 21, 2017; Act No. 15489, Mar. 20, 2018>
| 1. | The term "balanced national development" means improving the quality of life and pursuing sustainable development by promoting the equal chance of development among regions and enhancing independent development capabilities of regions, thereby building a society where the whole nation thrives without harming each person’s individuality; |
| 1-2. | The term “regional innovation” means developing human and material resources and creating, utilizing and disseminating the development capabilities in regions in accordance with regional environment and characteristics in fields including science and technology, industrial production, support for businesses, culture and finance; |
| 2. | The term "basic living area" means an area designated by Sis (including Special Metropolitan City, Metropolitan City, Special Self-Governing City and the administrative cities under Article 10 of the Special Act on the Establishment of Jeju Special Self-Governing Province and the Development of Free International City; hereinafter the same shall apply), Guns (including Guns in Metropolitan Cities; hereinafter the same shall apply) and Gus (referring to autonomous Gus; hereinafter the same shall apply) after consulting with neighboring Sis, Guns and Gus in order to increase livelihood support which is necessary to improve the quality of life of local residents, such as job opportunities, education, culture, welfare, housing, security and environment; |
| 3. | The term “cooperative inter-region” means a region designated by Special Metropolitan City, Metropolitan City, Special Self-Governing City, Special Self-Governing City, Do, and Self-Governing Province (hereinafter referred to as “City/ Do”) after consultations among themselves in order to promote a cooperative project in industry and transportation, etc. that is necessary for developing regional economy and strengthening potential of growth; |
| 4. | The term “local specialized industry” means an industry that is to be promoted by a City/Do taking advantage of regional characteristics and conditions and which is designated pursuant to Article 11 (1); |
| 5. | The term "specialized industry of cooperative inter-region" means an industry in the cooperative inter-region that significantly contributes to enhancing balanced development and national competitiveness and which is designated pursuant to Article 11 (1); |
| 6. | The term "growth promotion area" means an area prescribed by Presidential Decree considering the status of its income, population, financial standing, etc. as requiring special support from the State and a relevant local government for the construction of infrastructure necessary to promote its economic and social growth, such as road and water supply system, as it has poor living conditions and is considerably underdeveloped; |
| 7. | The term "area of special concern" means any of the following areas, which requires special supportive measures by administrative means, etc. from relevant central administrative agencies for a certain period, due to the division of Korea or as it is placed at a disadvantage geographically or socially: |
| (c) | Other areas prescribed by Presidential Decree as equivalent to the areas under items (a) and (b); |
| 8-2. | The term "special area for responding to industrial crisis" means an area designated under Article 17, which requires the Government’s support for a certain period since the condition of regional industries worsens or is likely to worsen because the major industry of the area is in danger; |
| 10. | The term “national innovation cluster" means an area designated and notified under Article 18-2 as a growth base, which promotes generation of new economic and industrial synergy effect and contributes to balanced national development and revitalization of regional economy by utilizing existing areas, districts, complexes and special zones having material and human infrastructures; |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 3 (Duties and Responsibilities of State and Local Governments) |
The State and local governments shall secure budget required for balanced development between regions and independent development suitable for regional characteristics as well as formulating and promoting region-driven relevant measures. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018>
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
CHAPTER II FIVE-YEAR BALANCED NATIONAL DEVELOPMENT PLAN
| Article 4 (Formulation of Five-Year Balanced National Development Plans) |
| (1) | The Government shall formulate a five-year balanced national development plan (hereinafter referred to as "balanced national development plan) every five years based on the sectoral development plan under Article 5 (1) and the regional plan under Article 7(1) to accelerate balanced national development. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| (2) | A balanced national development plan shall include the followings: <Amended by Act No. 12215, Jan. 7, 2014: Act No. 15489, Mar. 20, 2018> |
| 1. | Matters relating to the objectives of balanced national development; |
| 2. | Matters relating to establishing and activating regional innovation systems; |
| 3. | Matters relating to increasing livelihood support for residents and enhancing regional development capacity; |
| 4. | Matters relating to invigorating regional economies, such as the fostering of regional industries and job creation; |
| 5. | Matters relating to improving educational conditions in the region, fostering regional human resources and promoting regional science and technology; |
| 6. | Matters relating to promoting science and technology in the region; |
| 7. | Matters relating to developing regional development hubs and expanding transport and logistics networks; |
| 8. | Matters relating to promoting regional culture/tourism and preserving environment; |
| 9. | Matters relating to expanding regional welfare, health and medical care; |
| 10. | Matter relating to activating regional finances; |
| 11. | Matters relating to accelerating the development of growth promotion areas, areas of special concern, rural areas, etc. and reducing the gap between rural and urban areas; |
| 12. | Matters relating to relocating public entities, etc. to provincial areas and reinvigorating innovation cities; |
| 13. | Matters relating to designating and fostering national innovation clusters; |
| 14. | Matters relating to concluding regional development investment agreements; |
| 15. | Matters relating to securing financial resources for investment; |
| 16. | Other matters necessary for regional development. |
| (4) | A balanced national development plan shall be approved by the President following the deliberation of the State Council. The same shall apply to modifications of the balanced national development plan that has already been formulated. <Amended by Act No. 15489, Mar. 20, 2018> |
| (5) | Matters necessary for a procedure for formulating a balanced national development plan, etc. shall be prescribed by Presidential Decree. <Amended by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 5 (Formulation of Sectoral Development Plans and Action Plans) |
| (1) | The head of a central administrative agency shall establish a sectoral development plan every five years after consulting with the heads of relevant central administrative agencies, Special Metropolitan City Mayor, Metropolitan City Mayor, Special Self-Governing City Mayor, Do Governors and Special Self-Governing Province Governor (hereinafter referred to as "Mayor/Do Governor"). <Amended by Act No. 12215, Jan. 7, 2014> |
| (2) | When the head of a central administrative agency establishes the sectoral development plan under paragraph (1), he or she shall take into consideration the regional plan under Article 7 (1). <Amended by Act No. 12215, Jan. 7, 2014> |
| (3) | The head of a central administrative agency shall formulate and implement a sectoral action plan for balanced national development (hereinafter referred to as "sectoral action plan") to implement the balanced national development plan. <Amended by Act No. 15489, Mar. 20, 2018> |
| (4) | The head of a central administrative agency shall submit the sectoral development plan, the results of promoting the sectoral action plan of the preceding year and the sectoral action plan of the relevant year to the Presidential Committee for Balanced National Development under Article 22 (hereinafter referred to as the "Presidential Committee for Balanced National Development") as prescribed by Presidential Decree. <Amended by Act No. 15489, Mar. 20, 2018> |
| (5) | Matters necessary for procedures for formulating a sectoral development plan, sectoral action plan, etc. shall be prescribed by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Articles 5-2 and 6 Deleted. <by Act No. 12215, Jan. 7, 2014> |
| Article 7 (Formulation of Regional Plans) |
| (1) | A Mayor/Do Governor shall, after consulting with the head of a relevant central administrative agency, formulate a regional plan (hereinafter referred to as "regional plan") every five years to promote City/Do-specific development and to enhance competitiveness of the relevant City/Do. <Amended by Act No. 12215, Jan. 7, 2014> |
| (2) | Following matters shall be included in a regional plan: <Newly Inserted by Act No. 12215, Jan. 7, 2014; Act No. 14991, Oct. 31, 2017; Act No. 15489, Mar. 20, 2018> |
| 1. | Matters relating to the objectives of development for each City/Do; |
| 1-2. | Matters relating to assessment results including promotion results and performance of the immediately preceding regional plan; |
| 2. | Matters relating to analysis of the current status and conditions of each City/Do; |
| 3. | Matters relating to establishing and activating regional innovation systems, and matters to promoting industries, creating jobs, designating and developing national innovation clusters, improving regional education environment and fostering human resources, promoting science and technology, promoting balanced national development hubs and expanding transport and logistics networks; |
| 4. | Matters relating to fostering culture/tourism, preserving environment and expanding welfare, health and medical care; |
| 5. | Matters relating to addressing imbalance between regions in the City/Do; |
| 6. | Matters relating to the connectivity, cooperation and development among Cities/Dos; |
| 7. | Matters relating to activating regional finances; |
| 8. | Matters relating to concluding regional development investment agreements; |
| 9. | Matters relating to securing financial resources for investment; |
| 10. | Other matters necessary for the development of a City/Do. |
| (3) | The Mayor/Do Governor shall formulate a regional development action plan (hereinafter referred to as "regional action plan") each year to efficiently promote the relevant regional plan. <Newly Inserted by Act No. 12215, Jan. 7, 2014> |
| (4) | A Mayor/Do Governor shall submit the results of promoting regional action plans of the preceding year and the regional action plan of the relevant year to the Presidential Committee for Balanced National Development and relevant central administrative agencies. <Newly Inserted by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| (5) | Matters necessary for a procedure for formulating the regional plan and the regional action plan, etc. shall be prescribed by Presidential Decree. <Newly Inserted by Act No. 12215, Jan. 7, 2014> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 7-2 Deleted. <by Act No. 15489, Mar. 20, 2018> |
| Article 8 (Consultation and Coordination on Action Plans) |
When the implementation of a sectoral action plan of another central administrative agency or a regional action plan of another City/Do is deemed to impede or deemed likely to impede the implementation of an action plan of any central administrative agency or City/Do, the head of the central administrative agency or a Mayor/Do Governor shall consult or coordinate with such another central administrative agency or City/Do, as prescribed by Presidential Decree. In such cases, the Presidential Committee for Balanced National Development may present relevant opinion to the head of the relevant central administrative agency or Mayor/Do Governor. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018>
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 9 (Assessment of Action Plans) |
| (1) | The Presidential Committee for Balanced National Development shall assess the results of promoting a sectoral action plan, regional action plan and a national innovation cluster under Article 18-2 every year. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| (2) | Matters necessary for determining the criteria, procedures, methods, etc., for assessment under paragraph (1) shall be prescribed by Presidential Decree. |
| (3) | The Presidential Committee for Balanced National Development may establish an evaluation advisory group of balanced national development projects for the assessment of a balanced national development project to perform the duty of assessment under paragraph (1), and may designate and operate a specialized assessment institution to support such duty. <Amended by Act No. 15489, Mar. 20, 2018> |
| (4) | Matters necessary for establishing the Evaluation Advisory Group of Balanced National Development Projects and the designation and operation of a specialized assessment institution under paragraph (3) shall be prescribed by Presidential Decree. |
| (5) | Deleted. <by Act No. 12215, Jan. 7, 2014> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
CHAPTER III PROMOTION OF BALANCED NATIONAL DEVELOPMENT POLICY
| Article 9-2 (Construction of Regional Innovation Systems) |
The State and local governments shall promote policies relating to the following so as to construct regional innovation systems suitable for regional environment and characteristics:
| 1. | Matters relating to developing types of regional innovation systems; |
| 2. | Matters relating to activating industry-academia-research cooperation; |
| 3. | Matters relating to fostering professional personnel for regional innovation; |
| 4. | Matters relating to expanding support institutions on technology and business management; |
| 5. | Matters relating to strengthening exchanges and cooperation among universities and colleges, enterprises, research institutes, non-profit organizations, and local governments, etc.; |
| 6. | Matters relating to adjusting projects related to regional innovation and operating those in connection thereof; |
| 7. | Other matters necessary for establishment and activation of regional innovation systems. |
[This Article Newly Inserted by Act No. 15489, Mar. 20, 2018]
| Article 10 (Increasing Livelihood Support for Residents and Strengthening Regional Development Capacity) |
| (1) | In order to increase livelihood support for residents and to strengthen regional development capacity in terms of regional conditions and characteristics, the State and local governments shall systematically promote policies on the following matters: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Matters relating to increasing livelihood support for residents and promoting connectivity between a region and its neighboring local community; |
| 2. | Matters relating to improving competitiveness of City/Do and the cooperative inter-region; |
| 3. | Matters concerning mutually beneficial development between the Seoul Metropolitan Area and provincial areas, by considering the results of an analysis of the influences of development of the Seoul Metropolitan Area. |
| (2) | When pursuing policies under paragraph (1), the State and local governments shall systematically connect relevant sectors by fostering regional industries and human resources, promoting science and technology, expanding transport and logistics networks, fostering culture and tourism, preserving the environment, expanding welfare, health and medical care, in consideration of their sustainability, and shall expand financial support and deregulation for relevant sectors. <Amended by Act No. 12215, Jan. 7, 2014> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 11 (Invigoration of Regional Economies, including Fostering Regional Industries and Job Creation) |
| (1) | Any Mayor/Do Governor may designate the industries that satisfy the following conditions as local specialized industries of the relevant City/Do and a specialized industry of cooperative inter-region of the relevant cooperative inter-region after consulting with the head of a relevant central administrative agency and the head of a Si/Gun/Gu (for the head of a Gun, including the head of a Gun of a Metropolitan City; hereinafter the same shall apply, and for the head of a Gu, referring to the head of an autonomous Gu; hereinafter the same shall apply) under his or her jurisdiction: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | An industry with a high level of contribution to the growth potential and economic growth of the State; |
| 2. | An industry that plays a central role in creating jobs and strengthening competitiveness of the relevant region; |
| 3. | An industry capable of strengthening the growth potential of the relevant region. |
| (2) | In order to foster local specialized industries and specialized industries of cooperative inter-regions, the State and local governments shall pursue policies on the following matters: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Advancement of the structure of local specialized industries and a specialized industry of a cooperative inter-region and attraction of investments; |
| 2. | Clustering and invigoration of a local specialized industry and a specialized industry of a cooperative inter-region; |
| 3. | Expansion of infrastructure for the development of local specialized industries and specialized industries of cooperative inter-regions; |
| 4. | Expansion of infrastructure for industrial sites, etc. needed to foster local specialized industries and specialized industries of cooperative inter-regions; |
| 5. | Other matters necessary for fostering local specialized industries and specialized industries of cooperative inter-regions. |
| (3) | In order to foster regional industries and invigorate regional economies, the State and local governments shall pursue policies on the following matters: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Improvement of conditions for establishing small and medium enterprises suited to regional characteristics; |
| 2. | Facilitation of regional informatization and promotion of information and communications; |
| 3. | Creation of job opportunities in the relevant region and support for activities for the attraction of investments by domestic and foreign companies; |
| 4. | Support for industries reflecting regional characteristics and exchange and cooperation between relevant institutions; |
| 5. | Other matters necessary for fostering regional industries, such as fostering of regional businesses and activation of regional investments. |
| (4) | Matters necessary for pursuing policies for the fostering of regional industries and invigorating regional economies under paragraphs (2) and (3) and the procedure therefor shall be prescribed by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 12 (Improving Regional Educational Environments and Fostering Human Resources) |
| (1) | In order to ensure improvement of the regional educational environments and fostering of outstanding workforce necessary for balanced national development, the State and local governments shall pursue policies on the following matters: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Facilitation of employment through industrial-academic cooperation between local universities (referring to the schools under each subparagraph of Article 2 of the Higher Education Act, which are located in areas other than the Seoul Metropolitan Area; hereinafter the same shall apply) and industries; |
| 2. | Support for entrance into local universities by the graduates or soon-to-be graduates of high schools under subparagraph 3 of Article 2 of the Elementary and Secondary Education Act, which are located in areas other than the Seoul Metropolitan Area or schools with academic ability equivalent to those of the aforementioned high schools; |
| 3. | Granting preference, in admission to graduate schools of local universities, to the graduates or soon-to-be graduates of the local universities, and encouraging employment of local university graduates such as granting preference in employment by the State, local governments, public entities, etc.; |
| 4. | Support for the settlement of distinguished local university graduates in the relevant region; |
| 5. | Specialization of local universities, strengthening of education/research capacity of the graduate schools of local universities and strengthening of university-industry-institute cooperation; |
| 7. | Matters relating to promoting capabilities of local universities and colleges and supporting improvement of education thereof; |
| 8. | Other matters necessary for improving local educational environments and developing regional human resources. |
| (2) | Deleted. <by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 13 (Promotion of Regional Science and Technology) |
The State and local governments shall pursue policies concerning the following matters so as to promote science and technology necessary for balanced national development:
| 1. | Matters relating to fostering local research and education institutions for science and technology; |
| 2. | Matters relating to promoting research and development for balanced national development; |
| 3. | Matters relating to improving capabilities of science and technology including securing more local human resources for research and development; |
| 4. | Matters relating to developing local science and technology. |
[This Article Newly Inserted by Act No. 15489, Mar. 20, 2018]
| Article 14 (Fostering of Balanced National Development Hubs and Expansion of Transport and Logistics Networks) |
In order to foster balanced national development hubs needed for facilitating balanced national development and inter-regional cooperation and to expand transport and logistics networks, the State and local governments shall pursue policies on the following matters: <Amended by Act No. 15309, Dec. 26, 2017; Act No. 15489, Mar. 20, 2018>
| 3. | Expanding regional transport and logistics networks such as roads and railways to strengthen connectivity between balanced national development hubs. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 15 (Fostering of Regional Culture and Tourism and Preservation of Environment) |
In order to foster regional culture and tourism and to preserve environment, the State and local governments shall pursue policies on the following matters: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018>
| 1. | Development and creation of infrastructure for cultural and tourism resources in the relevant region; |
| 2. | Fostering of professional human resources related to culture and tourism in the relevant region; |
| 3. | Revitalization of cultural and tourism industries in the relevant region; |
| 4. | Resolving cultural gap between regions; |
| 5. | Identification and enhancement of a unique regional spiritual culture and regional value; |
| 6. | Restoration of regional ecological system, preservation and utilization of natural environment; |
| 7. | Other matters necessary for fostering the regional culture and tourism and preserving the environment of the relevant region. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 15-2 (Expansion of Regional Welfare, Health and Medical Care) |
The State and local governments shall pursue measures on the following matters, in order to expand welfare, health and medical care in the relevant region:
| 1. | Matters relating to establishment of the welfare delivery system that reflects regional characteristics; |
| 2. | Matters relating to establishment of a public health care delivery system and an emergency medical service system and quality improvement thereof for the areas that are vulnerable to health and medical service; |
| 3. | Matters relating to expansion of health improvement, health management services and social services for the relevant local community; |
| 4. | Matters relating to fostering medical personnel within the relevant local community; |
| 5. | Matters relating to expanding and organizing local health and medical institutes; |
| 6. | Other matters necessary for expanding welfare, health and medical care. |
[This Article Newly Inserted by Act No. 12215, Jan. 7, 2014]
| Article 16 (Development of Growth Promotion Areas) |
In order to improve the living environments in growth promotion areas, areas of special concern, rural areas, etc. and to promote development reflecting the characteristics of the region concerned, the State and local governments shall pursue policies on the following matters: <Amended by Act No. 15489, Mar. 20, 2018>
| 1. | Expanding infrastructure such as transport networks; |
| 2. | Expanding a foundation for the creation of residents' income; |
| 3. | Developing and utilizing local specialties unique to the region concerned; |
| 4. | Improving urban environments and improving education, medical service and welfare; |
| 5. | Other matters necessary for developing growth promotion areas, areas of special concern, rural areas, etc. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 17 (Designation of Special Area for Responding to Industrial Crisis) |
| (1) | Where a Mayor/Do Governor intends to have all or a part of the administrative district under his or her jurisdiction designated as a special area for responding to industrial crisis, he or she shall file an application for the designation of special area for responding to industrial crisis with the Minister of Trade, Industry and Energy, specifying the administrative district subject to the designation and the details of support. |
| (2) | Where the Minister of Trade, Industry and Energy receives the application for the designation of a special area for responding to industrial crisis under paragraph (1), he or she may designate a special area for responding to industrial crisis according to the standards prescribed by Presidential Decree. In such cases, the Minister of Trade, Industry and Energy shall hear the opinions of specialized agency, determine whether it is designated or not, details of designation and designation period according to the consultation with the heads of relevant central administrative agencies, and notify a Mayor/Do Governor of such information. |
| (3) | The Minister of Trade, Industry and Energy shall notify the matters determined under paragraph (2) in the Official Gazette. |
| (4) | In addition to the matters prescribed under paragraphs (1) through (3), matters necessary for applying for the designation, designation procedure and designation period of a special area for responding to industrial crisis, types and details of support for it, etc. shall be prescribed by Presidential Decree. |
[This Article Newly Inserted by Act No. 14599, Mar. 21, 2017]
| Article 17-2 (Support for Special Area for Responding to Industrial Crisis) |
| (1) | The Minister of Trade, Industry and Energy and the heads of relevant central administrative agencies shall support the matters determined under Article 17 (2) to a special area for responding to industrial crisis by jurisdiction. |
| (2) | The head of a relevant central administrative agency shall submit the matters supported under paragraph (1) to the Minister of Trade, Industry and Energy as prescribed by Presidential Decree. <Newly Inserted by Act No. 16202, Jan. 8, 2019> |
| (3) | The heads of local governments having jurisdiction over a special area for responding to industrial crisis (referring to local governments under Article 2 (1) 2 of the Local Autonomy Act) shall prepare a report on the effects and results, etc. of the support under paragraph (1) as prescribed by Presidential Decree and submit it to the Minister of Trade, Industry and Energy. <Amended by Act No. 16202, Jan. 8, 2019> |
| (4) | If deemed necessary for preparing a report pursuant to paragraph (3), the Minister of Trade, Industry and Energy may provide local governments with the matters submitted under paragraph (2). <Newly Inserted by Act No. 16202, Jan. 8, 2019> |
[This Article Newly Inserted by Act No. 14599, Mar. 21, 2017]
| Article 17-3 (Cancellation of Designation of Special Area for Responding to Industrial Crisis) |
| (1) | Where the economic conditions in a special area for responding to industrial crisis improves and there is no need of support for it, the Minister of Trade, Industry and Energy may cancel the designation thereof in consultation with the heads of relevant central administrative agencies even during the period of support under Article 17 (2), as prescribed by Presidential Decree. |
| (2) | Where the designation is cancelled under paragraph (1), the Minister of Trade, Industry and Energy shall notify the matters on the cancellation of designation in the Official Gazette. |
[This Article Newly Inserted by Act No. 14599, Mar. 21, 2017]
| Article 17-4 (Provision of Increased Government Subsidies) |
The State may increase government subsidies in accordance with the subsidy rate prescribed by Presidential Decree to the projects prescribed by Presidential Decree among the projects granted with subsidies for special areas for responding to industrial crisis, despite the differential subsidy rates in Article 10 of the Subsidy Management Act and rates in other Acts. [This Article Newly Inserted by Act No. 16202, Jan. 8, 2019]
| Article 18 (Relocation of Public Entities to Provincial Areas and Activation of Innovation Cities) |
| (1) | The Government shall pursue policies for the relocation of public entities to provincial areas and activation of innovation cities (hereinafter referred to as "policies for innovation cities") to relocate public entities located in the Seoul Metropolitan Area as prescribed by Presidential Decree (hereafter referred to as "public entity subject to relocation" in this Article) to provincial areas (referring to relocation to areas other than the Seoul Metropolitan Area; hereinafter the same shall apply) in phases. <Amended by Act No. 15489, Mar. 20, 2018> |
| (2) | The Government shall take the following matters into account when pursuing policies for innovation cities: <Amended by Act No. 15489, Mar. 20, 2018> |
| 1. | Local governments' plans to attract public entities and support thereto; |
| 2. | Relocation plans for each public entity subject to relocation; |
| 3. | Activation of innovation cities and mutually beneficial development with neighborhood regions; |
| 4. | Other matters necessary for balanced national development. |
| (3) | According to policies for innovation cities, the heads of relevant central administrative agencies, heads of local governments and heads of public entities subject to relocation shall take measures necessary for relocating public entities, such as formulation of relocation plans specific to the public entities concerned and necessary for activating innovation cities. <Amended by Act No. 15489, Mar. 20, 2018> |
| (4) | When a public entity relocates to a provincial area, the State and local governments may provide financial and administrative support and support for improvement of living environments, etc. to such public entity and the employees thereof. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 18-2 (Designation of National Innovation Clusters) |
| (1) | Where a Mayor/Do Governor intends to obtain designation of a part of areas, districts, complexes and special zones prescribed by Presidential Decree, such as administrative city, innovation city, enterprise city and free economic zone of the administrative district in his or her jurisdiction as a national innovation cluster, he or she shall apply for the designation as a national innovation cluster to the Minister of Trade, Industry and Energy. |
| (2) | Where the Minister of Trade, Industry and Energy receives application for designation of a national innovation cluster under paragraph (1), he or she shall designate the national innovation cluster based on deliberation and decision of the Presidential Committee for Balanced National Development. In such cases, the Presidential Committee for Balanced National Development shall take into account matters prescribed by Presidential Decree, such as potential for attracting enterprises and clustering. |
| (3) | Where it is impossible to achieve the purpose of designation of a national innovation cluster or inevitable to change the details of designation, the Minister of Trade, Industry and Energy may terminate or change the designation of the national innovation cluster based on the results of deliberation and decision of the Presidential Committee for Balanced National Development. |
| (4) | Except as otherwise provided for in paragraphs (1) through (3), matters necessary for procedures and methods of application for designation, designation, termination of designation and change of a national innovation cluster shall be prescribed by Presidential Decree. |
[This Article Newly Inserted by Act No. 15489, Mar. 20, 2018]
| Article 18-3 (Fostering of National Innovation Cluster) |
| (1) | The State and local governments shall pursue the following policies in a national innovation cluster: |
| 1. | Matters relating to administrative and financial support on the promotion of investments of domestic and foreign companies; |
| 2. | Matters relating to supporting research and development in which universities, institutions and enterprises jointly participate; |
| 3. | Matters relating to improving regulations and creating systemic environment necessary for fostering of new industries; |
| 4. | Matters relating to creating regional industrial ecosystem and supporting research and development, utilizing public entities; |
| 5. | Matters necessary for fostering of a national innovation cluster among policies promoted under the balanced national development plan. |
| (2) | The Presidential Committee for Balanced National Development may request the head of a central administrative agency governing policies prescribed in the subparagraphs of paragraph (1) to submit promotion plans on the relevant policies. In such cases, the head of the central administrative agency who receives the request shall comply with such request unless there is a compelling reason not to do so, as prescribed by Presidential Decree. |
| (3) | Any business owner who moved into a national innovation cluster may request support for the following application of affairs for approval and permission to the City/Do regional innovation office under paragraph (2) of Article 28. In such cases, the City/Do regional innovation office shall support the relevant affairs in accordance with procedures and methods prescribed by Presidential Decree: |
| (4) | The head of an agency who receives application for approval and permission under the subparagraphs of paragraph (3) from a business owner located in a national innovation cluster, notwithstanding other statutes and regulations, shall process such application within the period prescribed by Presidential Decree, otherwise it is deemed approved or permitted on a day after the date on which such period expires. |
| (5) | A local government may grant a business owner who moved into a national innovation cluster exemptions from the local taxes, as prescribed by the Restriction of Special Local Taxation Act or municipal ordinance. |
[This Article Newly Inserted by Act No. 15489, Mar. 20, 2018]
| Article 19 (Relocation of Companies and Universities to Provincial Areas) |
| (1) | When a company located in the Seoul Metropolitan Area as prescribed by Presidential Decree in view of overpopulation, industrial positioning, industrial clustering, etc. for each Si/Gun/Gu relocates to a provincial area, the State and local governments may support such company by financial and administrative means, etc. |
| (2) | When a university located in the Seoul Metropolitan Area (excluding growth promotion areas and areas of special concern) relocates to a provincial area, the State and local governments may support such university by financial and administrative means, etc. |
| (3) | Detailed matters such as eligible beneficiaries of and procedure for support under paragraphs (1) and (2) shall be provided for by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 20 (Conclusion of Regional Development Investment Agreement) |
| (1) | For the purpose of jointly pursuing projects for balanced development by the State and a local government or by different local governments, the State and local governments may conclude a regional development investment agreement that includes details of the projects, allocation of investments, etc. (hereinafter referred to as "regional development investment agreement") and shall undergo the deliberation and decision of the Presidential Committee for Balanced National Development under Article 22 in order to conclude the regional development investment agreement. <Amended by Act No. 15489, Mar. 20, 2018> |
| (2) | In order to pursue projects under a regional development investment agreement, the State and local governments shall preferentially support the special accounts for balanced national development under Article 30 and take measures to perform the agreement, such as compilation of the necessary budget every year. <Amended by Act No. 15489, Mar. 20, 2018> |
| (3) | Matters necessary for determining the scope of projects and concluding a regional development investment agreement, etc. shall be prescribed by Presidential Decree. <Amended by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 21 (Annual Reports on Balanced National Development Plans) |
| (1) | The Government shall prepare a report on the promotion results of major measures that are taken under balanced national development policy and performance thereof for the preceding year and submit it to the National Assembly before the opening of its regular session each year. <Amended by Act No. 15489, Mar. 20, 2018> |
| (2) | A report under paragraph (1) shall include the followings: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 14309, Dec. 2, 2016; Act No. 15489, Mar. 20, 2018> |
| 1. | Formulation and management of a balanced national development plan; |
| 2. | Measures that have been promoted or to be promoted for balanced national development; |
| 3. | Establishment and activation of a regional innovation system; |
| 4. | Current status of regional economies, such as fostering regional industries and creating jobs; |
| 5. | Current status of regional educational environments, fostering of regional human resources; |
| 6. | Promotion of science and technology in a region; |
| 7. | Current status of balanced national development hubs and expansion of transport and logistics networks; |
| 8. | Regional culture and tourism and preserving regional environment; |
| 9. | Expansion of regional welfare, health and medical care; |
| 10. | Activation of regional finances; |
| 11. | Development of growth promotion areas, areas of special concern, rural areas, etc.; |
| 12. | Relocation of public entities, etc. to provincial areas and activation of innovation cities; |
| 13. | Designation and fostering of national innovation clusters; |
| 14. | Operational status of a balanced national development project of institutions prescribed by Presidential Decree among public entities that carry out measures to foster regional industries and to reinvigorate regional economies; |
| 15. | Other important matters necessary for balanced national development. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 21-2 (Construction, Development and Management of Infrastructure for Regional Statistics) |
| (1) | The State and local governments shall pursue policies relating to the following matters to construct, develop and manage the infrastructure for regional statistics for effectively promoting balanced national development projects: |
| 1. | Construction of a system for preparing and managing regional statistics and development of an index related to balanced development; |
| 2. | Analysis of domestic and foreign trends for preparing regional statistics; |
| 3. | Survey projects on actual conditions for surveying regional statistics; |
| 4. | Utilization of regional statistics and construction of an information system for communication of policies, etc.; |
| 5. | Fostering of human resources and human support for enhancing the quality of regional statistics. |
| (2) | The head of a relevant central administrative agency, the head of a local government, the head of a public entity, and an institution or organization related to balanced national development, etc. who are requested to submit the materials for preparing regional statistics under paragraph (1) shall comply with the request unless there is a compelling reason not to do so. |
| (3) | While the regional statistics under paragraph (1) shall be prepared by application mutatis mutandis of the Statistics Act, matters necessary for those surveyed and the scope thereof shall be prescribed by Presidential Decree. |
[This Article Newly Inserted by Act No. 15489, Mar. 20, 2018]
| Article 21-3 (Promotion of International Exchange and Cooperation for Balanced National Development) |
The State and local governments may pursue polices on the following matters to promote the international exchange and cooperation for balanced national development and to expand the relevant policies:
| 1. | Support for activities for inter-regional economic exchange and cooperation; |
| 2. | Joint research related to the balanced national development policies and holding academic events; |
| 3. | Sharing information and material related to the balanced national development policies; |
| 4. | Passing down the balanced national development policies and best practices; |
| 5. | Business agreement and human exchange between agencies related to balanced national development policies. |
[This Article Newly Inserted by Act No. 15489, Mar. 20, 2018]
CHAPTER IV PRESIDENTIAL COMMITTEE FOR BALANCED NATIONAL DEVELOPMENT
| Article 22 (Establishment of Presidential Committee for Balanced National Development) |
| (1) | The Presidential Committee for Balanced National Development shall be established under the control of the President to respond to requests for advice by the President on major policies for the efficient promotion of balanced national development. <Amended by Act No. 15489, Mar. 20, 2018> |
| (2) | The Presidential Committee for Balanced National Development shall deliberate on and decide the following matters: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Matters relating to the basic directions of balanced national development and coordination of related policies; |
| 2. | Matters relating to balanced national development planning; |
| 3. | Matters relating to sectoral development plans and sectoral action plans; |
| 4. | Matters relating to the regional plan and regional action plan; |
| 5. | Matters relating to the examination, analysis, assessment, and adjustment of balanced national development policies and projects; |
| 6. | Matters relating to the conclusion and performance of regional development investment agreements; |
| 7. | Matters relating to managing the special accounts for balanced national development; |
| 8. | Matters relating to relocating public entities, etc. to provincial areas and activating innovation cities; |
| 9. | Matter relating to designating and fostering national innovation clusters; |
| 10. | Matters relating to mutually beneficial development of the Seoul Metropolitan area and provincial areas; |
| 11. | Matters relating to development and management of an index for balanced national development; |
| 12. | Other necessary matters brought by the Chairperson to the Committee for deliberation concerning balanced national development. |
| (3) | Where deemed necessary for effectively implementing matters under the subparagraphs of paragraph (2), the Presidential Committee for Balanced National Development may present its opinion to the head of a relevant central administrative agency and monitor the status of implementation thereof. <Newly Inserted by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 23 (Organization of Presidential Committee for Balanced National Development) |
| (1) | The Presidential Committee for Balanced National Development shall be comprised of not more than 34 members, including one Chairperson, and its members shall be comprised of ex officio members and commissioned members. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 14839, Jul. 26, 2017; Act No. 15489, Mar. 20, 2018> |
| (2) | Ex officio members shall be the Minister of Economy and Finance, the Minister of Education, the Minister of Science and ICT, the Minister of the Interior and Safety, the Minister of Culture, Sports and Tourism, the Minister of Agriculture, Food and Rural Affairs, the Minister of Trade, Industry and Energy, the Minister of Health and Welfare, the Minister of Environment, the Minister of Gender Equality and Family, the Minister of Land, Infrastructure and Transport, the Minister of Oceans and Fisheries, the Minister of SMEs and Startups, representatives of consultative councils under Article 165 (1) 1 and 3 of the Local Autonomy Act and the heads of other central administrative agencies prescribed by Presidential Decree. <Act No. 11690, Mar. 23, 2013; Act No. 12215, Jan. 7, 2014; Act No. 12844, Nov. 19, 2014; Act No. 14839, Jul. 26, 2017; Act No. 15489, Mar. 20, 2018> |
| (3) | Commissioned members shall be selected by the President, from among the following persons: <Amended by Act No. 15489, Mar. 20, 2018> |
| 2. | A person with the competent knowledge and experience in balanced national development. |
| (4) | The Chairperson shall be commissioned by the President from among commissioned members. |
| (5) | The number of commissioned members shall not exceed 20, and the majority of them shall maintain their domiciles in an area other than the Seoul Metropolitan Area for at least one year as at the date of commissioning. |
| (6) | The term of office of commissioned members shall be two years and they may be recommissioned consecutively: Provided, That the term of office of members newly commissioned due to the resignation of other members, etc. shall be the remaining term of office of the predecessor. |
| (7) | The Presidential Committee for Balanced National Development shall have one executive secretary, who shall be the head of the Executive Office of Presidential Committee for Balanced National Development under Article 26. <Amended by Act No. 15489, Mar. 20, 2018> |
| (8) | Matters necessary for organizing, operating, etc. of the Presidential Committee for Balanced National Development shall be prescribed by Presidential Decree. <Amended by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 24 (Cooperation of Relevant Institutions) |
| (1) | If necessary to carry out its duties, the Presidential Committee for Balanced National Development may require relevant public officials or experts to attend its meetings and present their opinions, or require relevant institutions, corporations, organizations, etc. to provide necessary cooperation, such as submitting materials and presenting opinions. <Amended by Act No. 15489, Mar. 20, 2018> |
| (2) | The Mayor/Do Governor may propose their opinions concerning important policies for balanced national development to the Presidential Committee for Balanced National Development. In such cases, the Presidential Committee for Balanced National Development shall respect such opinions proposed. <Amended by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 25 (Requests for Dispatch of Executive Officers and Employees) |
| (1) | When necessary for performing its duties, the Presidential Committee for Balanced National Development may require any relevant administrative agency or relevant institution, corporation, organization, etc. to dispatch its public officials or executive officers and employees or to have them concurrently hold an office. <Amended by Act No. 15489, Mar. 20, 2018> |
| (2) | When necessary for performing its duties, the Presidential Committee for Balanced National Development may employ experts in related fields as public officials in a fixed-term position under Article 26-5 of the State Public Officials Act. <Amended by Act No. 11530, Dec. 11, 2012; Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 26 (Executive Office of Presidential Committee for Balanced National Development) |
| (1) | The Executive Office of Presidential Committee for Balanced National Development shall be established under the authority of the Presidential Committee for Balanced National Development to handle the administrative affairs of the Presidential Committee for Balanced National Development. <Amended by Act No. 15489, Mar. 20, 2018> |
| (2) | Matters necessary for organizing and operating the Executive Office of Presidential Committee for Balanced National Development shall be prescribed by Presidential Decree. <Amended by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 27 (Supporting Bureau for Presidential Committee for Balanced National Development Affairs) |
| (1) | A Supporting Bureau for Presidential Committee for Balanced National Development may be established under the control of the relevant central administrative agency including the Ministry of Trade, Industry and Energy (hereinafter referred to as "Supporting Bureau"); and a Supporting Team for Presidential Committee for Balanced National Development under the control of central administrative agencies (including agencies under the control of the President and agencies under the control of the Prime Minister) that do not have the Supporting Bureau for Presidential Committee for Balance National Development to support the affairs of the Executive Office of Presidential Committee for Balanced National Development and to assist Mayor/Do Governor in efficiently formulating and implementing regional plans for each economic region. <Amended by Act No. 11690, Mar. 23, 2013; Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| (2) | The Supporting Bureau shall prepare an annual report under Article 21 after consultations with relevant central administrative agencies and the Presidential Committee for Balanced National Development, etc. <Amended by Act No. 15489, Mar. 20, 2018> |
| (3) | Matters necessary for organizing and operating the Supporting Bureau shall be prescribed by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 28 (City/Do Regional Innovation Council) |
| (1) | In order to consult the following matters, the Mayor/Do Governor may establish a City/Do regional innovation council under the control of the Mayor/Do Governor (hereinafter referred to as "City/Do council"). In such cases, the City/Do regional innovation council shall submit the deliberation results to the Presidential Committee for Balanced National Development: |
| 1. | Matters relating to establishing regional plans and regional action plans; |
| 2. | Matters relating to establishing long-term strategies on fostering regional industries and enterprises of the competent City/Do; |
| 3. | Matters relating to implementing balanced national development policies which the competent City/Do promotes; |
| 4. | Matters relating to assessing and improving the operating system of policies for promotion of activation of regional economy which are promoted under Article 11 by the competent City/Do; |
| 5. | Matters relating to designation and fostering of a national innovation cluster under its jurisdiction; |
| 6. | Matters submitted by the chairperson of the regional innovation council. |
| (2) | The Mayor/Governor shall establish the City/Do regional innovation office for supporting the policies of balanced national development of the competent City/Do and the deliberation of the City/Do council under the subparagraphs of paragraph (1) under the authority of the Mayor/Do Governor. |
| (3) | Except as otherwise provided for in paragraphs (1) and (2), matters necessary for organization, operation, etc. of the City/Do council and the City/Do regional innovation office other shall be prescribed by Presidential Decree. |
[This Article Newly Inserted by Act No. 15489, Mar. 20, 2018]
| Article 29 (Si/Gun/Gu Regional Innovation Council) |
| (1) | In order to consult on and coordinate important matters related to the implementation of policies for balanced national development, regional innovation, etc. which are promoted by the competent Si/Gun/Gu, the head of a Si Gun/Gu may establish a Si/Gun/Gu regional innovation council. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| (2) | Matters necessary for organizing, operating, etc. the Si/Gun/Gu regional innovation council prescribed in paragraph (1) shall be prescribed by Presidential Decree. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
CHAPTER V SPECIAL ACCOUNTS FOR BALANCED NATIONAL DEVELOPMENT
| Article 30 (Establishment of Special Accounts for Balanced National Development) |
In order to efficiently pursue the projects related to a balanced national development plan, special accounts for balanced national development (hereinafter referred to as "Accounts") shall be established.
[This Article Wholly Amended by Act No. 15489, Mar. 20, 2018]
| Article 31 (Management and Operation of Accounts) |
| (1) | The Accounts shall be managed and operated by the Minister of Economy and Finance. |
| (2) | A separate budget for the Accounts may be set up for each organization in central administrative agencies. |
| (3) | Matters necessary for allocation, operation of funds, and settlement of expenditures budget, and management and operation of the Accounts shall be prescribed by Presidential Decree. <Newly Inserted by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 32 (Division of Accounts) |
The Accounts shall be divided into the local autonomous account, the local support account, the Jeju Special Self-Governing Province account and Sejong Special Self-Governing City account. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 15489, Mar. 20, 2018>
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 33 (Property Belonging to Accounts) |
| (1) | The following land shall be classified as property belonging to the local support account of the Accounts: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| 3. | Other land attributed to the Accounts as property belonging thereto under other Acts. |
| (2) | Notwithstanding the provisions of Article 31 (1), the property of the accounts under paragraph (1) shall be managed and operated by the heads of relevant central administrative agencies. |
| (3) | The heads of relevant central administrative agencies under paragraph (2) may lease (including lending for free), or exchange, transfer, sell, or otherwise dispose of the property belonging to the accounts under paragraph (1), as prescribed by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 34 (Revenues and Expenditures of Local Autonomous Account) |
| (1) | The revenues of the local autonomous account of the Accounts shall be as follows: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 12412, Mar. 11, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | The amount equivalent to 40/100 of the liquor tax under the Liquor Tax Act; |
| 6. | Fund transferred from the general accounts or other special accounts; |
| 7. | Fund transferred from the local support account, the Jeju Special Self-Governing Province account and the Sejong Special Self-Governing City account of the Accounts; |
| 8. | Principal and interest of loans under paragraph (2) 7; |
| 11. | Surplus remaining after the settlement of accounts of the preceding year under Article 45; |
| 12. | Other incomes attributed to the Accounts under other Acts. |
| (2) | Expenditures from the local autonomous account of the Accounts shall be as follows: <Amended by Act No. 10386, Jul. 23, 2010; Act No. 10653, May 19, 2011; Act No. 11433, May 23, 2012; Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 12737, Jun. 3, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Subsidization for the following projects undertaken by local governments: |
| (a) | Projects related to the expansion of living infrastructure of the basic living zone and which are also development projects in growth promotion areas, areas of special concern, rural areas, areas that require enhancement of urban vitality, etc., conducted by integrating the following matters: |
| (iv) | Matters relating to rearrangement of the living environments of agricultural and fishing villages, creation of country-side villages, and development of water for domestic and agricultural use in agricultural villages under the Agricultural and Fishing Villages Improvement Act; |
| (v) | Matters relating to the development of agricultural and fishing villages under the Special Act on Quality Improvement of Life of Farmers and Fishers and Development Promotion of Agricultural and Fishing Villages; |
| (b) | Projects related to the expansion and improvement of local infrastructure; |
| (c) | Projects related to the development and expansion of regional cultural, artistic, athletic and tourism resources; |
| (d) | Projects for the creation of industrial infrastructure, such as expansion of regional logistics and distribution infrastructure; |
| (e) | Projects for the development and utilization of local specialties unique to a region; |
| (f) | Other projects subsidized by local governments, excluding the ones prescribed by Presidential Decree. |
| 2. | Expenses incurred in conducting research and survey projects to facilitate balanced national development; |
| 4. | Redemption of the principal and interest of temporary loans under Article 37 (1); |
| 5. | Expenses incurred in managing and operating the account; |
| 6. | Fund transferred to the local support account, the Jeju Special Self-Governing Province account, and the Sejong Special Self-Governing City account of the Accounts; |
| 7. | Other support for expenses incurred in undertaking projects related to balanced national development as prescribed by Presidential Decree, by means of loans, etc. |
| (3) | Matters necessary for the objects and conditions of loans and the procedures therefor under paragraph (2) 7 shall be prescribed by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 35 (Revenues and Expenditures of Local Support Account) |
| (1) | The revenues of the local support account of the Accounts shall be as follows: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 15489, Mar. 20, 2018> |
| 3. | Metropolitan traffic facility charges attributed to the Accounts under Article 11-6 (1) of the Special Act on the Management of Intercity Transport in Metropolitan Areas; |
| 4. | Fund transferred to the Accounts under Article 4 (1) 8-2 of the Act on Special Accounts for the Improvement of Motor Vehicle Traffic Management; |
| 6. | Fund transferred from general accounts or other special accounts; |
| 7. | Fund transferred from the local autonomous account, the Jeju Special Self-Governing Province account, and the Sejong Special Self-Governing City account; |
| 8. | Principal and interest of loans under paragraph (2) 1 through 7 and 16; |
| 10. | Surplus remaining after the settlement of accounts of the preceding year under Article 45; |
| 11. | Rent and proceeds from sale of the property belonging to the Accounts under Article 33 (1); |
| 12. | Other incomes attributed to the Accounts under other Acts. |
| (2) | Expenditures from the local support account of the Accounts shall be as follows: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Contributions, subsidies or loans for projects related to the expansion of transport and logistics networks for the invigoration of cooperative inter-region and strengthening of regional competitiveness; |
| 2. | Contributions, subsidies or loans for projects related to the fostering of local specialized industries and specialized industries of cooperative inter-regions and facilitation of the creation of investments and job opportunities; |
| 3. | Contributions, subsidies or loans for projects related to the improvement of competitiveness of local universities and development of regional human resources; |
| 4. | Contributions, subsidies or loans for projects related to the promotion and specialization of science and technology of the relevant regions; |
| 5. | Subsidization of expenses incurred in relation to projects for the relocation of facilities that induce population concentration to provincial areas, such as public entities, companies and universities, by means of loans, etc.; |
| 6. | Fostering of culture and tourism resources of the relevant regions, developing and enhancing the regional unique spiritual culture and regional value and contributing, subsiding or extending loans for environment-preservation projects, etc.; |
| 7. | Contributions, subsidies or loans for major growth hubs of the relevant regions; |
| 8. | Expenses incurred in performing the duties to relocate special local administrative agencies to provincial areas in accordance with relevant statutes and regulations; |
| 10. | Expenses incurred in implementing research and survey projects to activate cooperative inter-region and strengthen regional competitiveness; |
| 12. | Expenses incurred in managing and operating the property under Article 33 (1); |
| 13. | Redemption of the principal and interest of temporary loans under Article 37 (1); |
| 14. | Expenses incurred in managing and operating the account; |
| 15. | Fund transferred to the local autonomous account, the Jeju Special Self-Governing Province account, and the Sejong Special Self-Governing City account of the Accounts; |
| 16. | Subsidization of expenses incurred in undertaking balanced national development projects as prescribed by Presidential Decree, by means of loans, etc. |
| (3) | Matters necessary for the objects and conditions of loans and the procedures therefor under paragraph (2) 1 through 7 and 16 shall be prescribed by Presidential Decree. |
| (4) | With respect to paragraph (2) 8, the State shall support a relevant local government with all expenses incurred in performing the duties to relocate special local administrative agencies to provincial areas under relevant statutes and regulations. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 35-2 (Revenues and Expenditures of Jeju Special Self-Governing Province Account) |
| (1) | The revenues of the Jeju Special Self-Governing Province account of the Accounts shall be as follows: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Fund transferred from the general accounts or other special accounts; |
| 2. | Fund transferred from the local autonomous account, local support account and the Sejong Special Self-Governing City account of the Accounts; |
| 4. | Surplus remaining after the settlement of accounts of the preceding year under Article 45; |
| 5. | Other incomes attributed to the Accounts under other Acts. |
| (2) | Expenditures from the Jeju Special Self-Governing Province account of the Accounts shall be as follows: <Amended by Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 15489, Mar. 20, 2018> |
| 1. | Contributions, subsidies or loans, etc. specified in each of the following items for the Jeju Special Self-Governing Province: |
| (a) | Subsidies and support under Article 34 (2) 1 (excluding item (f)) and 7; |
| (b) | Contributions, subsidies, loans, support, etc. under Article 35 (2) 1 through 7, 9, 10 and 16; |
| (c) | Other subsidizations of a local government, excluding the projects prescribed by Presidential Decree; |
| 3. | Redemption of the principal and interest of temporary loans under Article 37 (1); |
| 4. | Fund transferred to the local autonomous account, local support development account and the Sejong Special Self-Governing City account of the Accounts; |
| 5. | Other expenses incurred in managing and operating the account. |
| (3) | Matters necessary for the objects and conditions of loans and the procedures therefor under paragraph (2) 1 shall be prescribed by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 35-3 (Revenues and Expenditures of Sejong Special Self-Governing City Account) |
| (1) | The revenue of the Sejong Special Self-Governing City account of the Accounts shall be follows: <Amended by Act No. 15489, Mar. 20, 2018> |
| 1. | Fund transferred from the general accounts or other special accounts; |
| 2. | Fund transferred from the local autonomous account, local support account and the Jeju Special Self-Governing Province account of the Accounts; |
| 4. | Surplus remaining after the settlement of accounts for the preceding year under Article 45; |
| 5. | Other incomes attributed to the Accounts under other Acts. |
| (2) | The expenditures of the Sejong Special Self-Governing City account of the Accounts shall be as follows: <Amended by Act No. 15489, Mar. 20, 2018> |
| 1. | Contributions, subsidies or loans, etc. specified in each of the following items for the Sejong Special Self-Governing City: |
| (a) | Subsidies and support under Article 34 (2) 1 (excluding item (f)) and 7; |
| (b) | Contributions, subsidies, loans, support, etc. under Article 35 (2) 1 through 7, 9, 10 and 16; |
| (c) | Other subsidizations of a local government, excluding the projects prescribed by Presidential Decree; |
| 2. | Redemption of the principal and interest of temporary loans under Article 37 (1); |
| 3. | Fund transferred to the local autonomous account, local support account and the Jeju Special Self-Governing Province account of the Accounts; |
| 4. | Other expenses incurred while managing and operating the account. |
| (3) | Matters necessary for the objects and conditions of loans and the procedures therefor under paragraph (2) 1 shall be prescribed by Presidential Decree. |
[This Article Newly Inserted by Act No. 12335, Jan. 28, 2014]
| Article 36 (Transfer from General Accounts or other Special Accounts) |
| (1) | The Government shall transfer the amount equivalent to 20/1000 of the traffic, energy and environment tax under the Traffic, Energy and Environment Tax Act from general accounts to the Accounts every fiscal year. |
| (2) | The traffic, energy and environment tax under paragraph (1) shall be included in the revenues of the livelihood account. <Amended by Act No. 12161, Jan. 1, 2014; Act No. 15489, Mar. 20, 2018> |
| (3) | When the Government is unable to afford all expenses belonging to the Accounts with the revenues of the Accounts, it may cover all or part of such deficit by the fund transferred from general accounts or other special accounts. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 36 (Transfer from General Accounts or other Special Accounts) |
When the Government is unable to afford all expenses belonging to the Accounts with the revenues of the Accounts, it may cover all or part of such deficit by the fund transferred from general accounts or other special accounts.
[This Article Wholly Amended by Act No. 9346, Jan. 30, 2009]
<<Enforcement Date of Article 36: Jan. 1, 2022>>
| Article 37 (Temporary Loans) |
| (1) | When the Accounts are temporarily short of funds, the Government may borrow a temporary loan on their own account. |
| (2) | The principal and interest on temporary loans under paragraph (1) shall be repaid within the relevant fiscal year. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 38 (Special Cases concerning Budget Compilation Procedures) |
| (1) | When preparing guidelines for formulating a budget Bill under Article 29 (1) of the National Finance Act, the Minister of Economy and Finance shall seek opinions from the heads of relevant central administrative agencies and heads of local governments to reflect the unique characteristics of the budget of the Accounts. |
| (2) | The head of each local government shall fill out a budget application for the following year for the projects under Articles 34 (2), 35 (2) and 35-2 (2) and submit it to the head of a relevant central administrative agency and the Presidential Committee for Balanced National Development by no later than April 30 each year. <Amended by Act No. 12161, Jan. 1, 2014; Act No. 15489, Mar. 20, 2018> |
| (3) | The head of each central administrative agency shall submit to the Minister of Economy and Finance a budget request for the following year which has been prepared based on the budget application by a local government and the opinions of the Presidential Committee for Balanced National Development under paragraph (2) by no later than May 31 each year. <Amended by Act No. 12161, Jan. 1, 2014; Act No. 15489, Mar. 20, 2018> |
| (4) | The Presidential Committee for Balanced National Development may notify the Minister of Economy and Finance and the Minister of Science and ICT of its opinions on investment direction of the balanced national development policies and on the formulation of the budget for the Accounts in consideration of the results of assesment under Article 9, etc. by May 31 each year. <Amended by Act No. 12161, Jan. 1, 2014; Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| (5) | The Minister of Economy and Finance and the Minister of Science and ICT shall compile, coordinate and distribute the budget in consideration of the opinions of the Presidential Committee for Balanced National Development under paragraph (4). <Newly Inserted by Act No. 15489, Mar. 20, 2018> |
| (6) | The Presidential Committee for Balanced National Development may hear the opinions of the public, including the experts and interested persons in a relevant field upon deliberation of the Accounts, as prescribed by Presidential Decree. <Newly Inserted by Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 39 (Differentiated Provision of Expenditure Budget) |
| (1) | When compiling an expenditure budget for the Accounts, the Government may differentiate the size of support, rate of assistance, etc. for each local government by taking into account financial situation of the local government concerned and the results of assessment under Article 9, etc. in accordance with the criteria prescribed by Presidential Decree. |
| (2) | The Government shall first and foremost reflect the following projects in compilation of a budget and may differentiate the size of support, rate of assistance, etc. for each project: |
| 1. | A project affecting the jurisdictions of no less than two local governments and jointly promoted by such local governments; |
| 2. | A project for constructing no less than two facilities by combining them which is specified in Article 34 (2); |
| 3. | A project for supporting growth promotion areas which is specified in Article 34 (2); |
| 4. | Other projects as may be necessary for improving regional competitiveness and investment efficiency. |
| (3) | The Government may evaluate the achievements of local governments in the activation of regional economies, such as attraction of companies, etc., and provide them with financial support accordingly, as prescribed by Presidential Decree. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 40 (Provision of Block Grant) |
| (1) | When formulating an expenditure budget of the local autonomous account under Article 34 (2), the Government shall portion it out as a grant that can generally be used for each City/Do and Si/Gun/Gu (hereinafter referred to as "block grant"), as prescribed by Presidential Decree. <Amended by Act No. 12215, Jan. 7, 2014; Act No. 15489, Mar. 20, 2018> |
| (2) | When the head of a relevant central administrative agency delivers a budget for a project for which a block grant has been portioned pursuant to paragraph (1), he or she shall be prohibited from classifying it into several categories within the relevant project. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 41 (Prohibition of Overlapped Application for Budget) |
With respect to projects for which a budget request or application has been filed pursuant to Article 38 (2) or any other projects similar thereto, no head of any central administrative agency nor Mayor/Do Governor shall file a budget request or application in duplicate to the Minister of Economy and Finance or the heads of central administrative agencies: Provided, That the same shall not apply to cases prescribed by Presidential Decree where it is unavoidable to carry out national policies. [This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 42 (Appropriation of Budget) |
| (1) | Notwithstanding Article 46 of the National Finance Act, the head of a central administrative agency may, if necessary for the purpose of executing a budget or at the request of the head of a local government, appropriate a budget among items within the scope not exceeding the total amount of the expenditure budget of the Accounts for each relevant Ministry, as prescribed by Presidential Decree. |
| (2) | The head of a central administrative agency in receipt of a request by a local government pursuant to paragraph (1) shall comply with such request, unless it falls under any case prescribed by Presidential Decree. |
| (3) | When the head of a central administrative agency has appropriated a budget pursuant to paragraph (1), he or she shall send a detailed statement specifying the amounts of and causes for each item to the Minister of Economy and Finance and the Board of Audit and Inspection of Korea. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 43 (Carry-Over of Budget) |
| (1) | Notwithstanding Article 48 (1) of the National Finance Act, the Accounts may carry over any expenditure budget that is not spent within the fiscal year concerned due to unavoidable reasons to the following fiscal year within the scope not exceeding the total amount of the expenditure budget of the Accounts for each relevant Ministry or for each local government, as prescribed by Presidential Decree: Provided, That it shall not be allowed to carry over such expenditure budget in excess of two fiscal years from the fiscal year concerned. |
| (2) | When carrying over an expenditure budget pursuant to paragraph (1), the head of a central administrative agency or the head of a local government shall do so as of December 31 of the fiscal year concerned and send a detailed statement of the carried-over budget to the head of a central administrative agency by January 15 of the following year for the head of a local government and to the Minister of Economy and Finance and the Board of Audit and Inspection of Korea by January 31 of the following year for the head of a central administrative agency. |
| (3) | When the Minister of Economy and Finance deems it necessary after taking into account the status of collection of revenues, results of execution of expenditure budgets of local governments, etc., he or she may take measures in advance to restrict the carry-over of an expenditure budget under paragraph (1). |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 44 (Exclusion from Application of other Acts to Subsidies) |
| (1) | Articles 18, 21, 26 and 28 through 30, 31, 31-2, 32 and 33-3 of the Subsidy Management Act shall not apply to subsidies for projects under Articles 34 (2), 35 (2) and 35-2 (2): Provided, That Articles 30, 31, 31-2, 32 and 33-3 of the Subsidy Management Act shall apply where a subsidized project operator uses subsidies in violation of statutes and regulations, or is granted subsidies by false application or other improper means, or fails to spend an expenditure budget carried over to the following year pursuant to Article 43 by the next fiscal year after such following year. <Amended by Act No. 10898, Jul. 25, 2011; Act No. 13931, Jan. 28, 2016> |
| (2) | The head of a local government shall appropriate the balance remaining after the execution of a project organized by the block grant under Article 40 for the projects organized by the block grant, and send a detailed statement that specifies the amounts and causes for each item to the heads of central administrative agencies. <Amended by Act No. 12215, Jan. 7, 2014> |
| (3) | The head of a local government may use the balance remaining after execution of the project organized by the subsidies other than the block grant under Article 40 for the projects the purpose of which is similar to the one of the relevant subsidization. In such cases, he or she shall send a detailed statement that specifies the amounts and causes for each item to the heads of the relevant central administrative agencies. <Newly Inserted by Act No. 12215, Jan. 7, 2014> |
| (4) | Notwithstanding paragraph (3), for the cases prescribed by Presidential Decree including the annual expenditure budget of the local support account under Article 35 (2), the annual expenditure budget of the Jeju Special Self-Governing Province account under Article 35-2 (2) and the annual expenditure budget of the Sejong Special Self-Governing City account under Article 35-3 (2), their remaining balance after execution of a relevant project shall not be used. <Newly Inserted by Act No. 12215, Jan. 7, 2014; Act No. 12335, Jan. 28, 2014; Act No. 15489, Mar. 20, 2018> |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 45 (Treatment of Surpluses) |
Any surplus remaining after the settlement of the Accounts shall be appropriated as the revenues of the following year.
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 46 (Entrustment of Authority) |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 47 (Entrustment of Accounting Affairs) |
| (1) | The head of a central administrative agency may entrust part of the administrative affairs under Articles 34 (2) 7 and 35 (2) 1 through 7 and 16 to a bank under the Banking Act or a corporation prescribed by Presidential Decree, as prescribed by Presidential Decree. <Amended by Act No. 10303, May 17, 2010> |
| (2) | When the head of a central administrative agency has entrusted administrative affairs pursuant to paragraph (1), he or she may pay handling fees and other necessary expenses as determined through consultations with the Minister of Economy and Finance. |
| (3) | When the head of a central administrative agency has entrusted administrative affairs pursuant to paragraph (1), he or she may appoint accounting personnel to carry out such affairs from among the executive officers and employees of the entrusted corporation. |
[This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
| Article 48 (Expansion of Financial Resources of Local Governments according to Change in Financial Resources for Regional Development Projects) |
Where the State changes any project under Articles 34 (2), 35 (2) and 35-2 (2) which is subsidized by the expenditure budget of the Accounts into a project, the entire expenses of which are to be borne by a relevant local government, the State shall use liquor tax under the Liquor Tax Act equivalent to the amount of expenses subsidized by the Accounts for the purpose of expanding financial resources of the relevant local government. [This Article Wholly Amended by Act No. 9629, Apr. 22, 2009]
ADDENDA
Article 1 (Enforcement Date)
This Act shall enter into force on April 1, 2004: Provided, That the provisions of Articles 30 through 48 and Articles 2 through 5 of the Addenda shall enter into force on January 1, 2005. Article 2 (Repealed Acts)
The Act on the Special Account for Land Management and Balanced Regional Development shall be hereby repealed.
Article 3 (Transitional Measures)
| (1) | The previous provisions shall govern the revenues and expenditures, and budget of the fiscal year 2004 of the special accounts to be repealed in accordance with the enforcement of this Act. |
| (2) | The surplus remaining after the settlement of accounts of the fiscal year 2004 of the special accounts to be repealed in accordance with the enforcement of this Act shall be transferred to the revenues of the regional development project account of the special accounts for balanced national development. |
Article 4 (Succession of Property)
The regional development project account of the special accounts for balanced national development under this Act shall succeed to the properties, receivables and obligations belonging to the special accounts for land management and balanced regional development under the former Act on the Special Account for Land Management and Balanced Regional Development.
Article 5 Omitted.
ADDENDA <Act No. 7848, Jan. 11, 2006>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 and 3 Omitted.
ADDENDA <Act No. 8047, Oct. 4, 2006>
Article 1 (Enforcement Date)
This Act shall enter into force on January 1, 2007.
Article 2 Omitted.
ADDENDA <Act No. 8050, Oct. 4, 2006>
Article 1 (Enforcement Date)
This Act shall enter into force on January 1, 2007. (Proviso Omitted.)
Articles 2 through 12 Omitted.
ADDENDA <Act No. 8084, Dec. 26, 2006>
Article 1 (Enforcement Date)
This Act shall enter into force on January 1, 2007
Articles 2 through 4 Omitted.
ADDENDUM <Act No. 8160, Dec. 30, 2006>
This Act shall enter into force on January 1, 2007.
ADDENDA <Act No. 8423, May 11, 2007>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation. (Proviso Omitted.)
Articles 2 through 13 Omitted.
ADDENDA <Act No. 8852, Feb. 29, 2008>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That the amended provisions the Acts that were promulgated before this Act enters into force, and the enforcement date of which has not yet arrived, among the Acts amended pursuant to Article 6 of the Addenda, shall enter into force on the enforcement date of the relevant Acts.
Articles 2 through 7 Omitted.
ADDENDA <Act No. 8975, Mar. 21, 2008>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation. (Proviso Omitted.)
Articles 2 through 9 Omitted.
ADDENDA <Act No. 9051, Mar. 28, 2008>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation.
Articles 2 through 4 Omitted.
ADDENDA <Act No. 9629, Apr. 22, 2009>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That Article 6 (8) of the Addenda shall enter into force on May 1, 2009; Article 6 (9) of the Addenda on August 7, 2009; and the amended provisions of Articles 30 through 35, 35-2, 43, 44, 46, 47 and 48 and Articles 6 (1), (2), (4), (6), (10), (14) and (15) of the Addenda on January 1, 2010. Article 2 (Transitional Measures concerning Special Accounts for Balanced National Development)
| (1) | The revenues and expenditures and budget of the fiscal year 2009 of the special accounts for balanced national development under the former provisions as at the time this Act enters into force shall be governed by the former provisions. |
| (2) | The surplus remaining after the settlement of the regional development project account, regional innovation project account and the Jeju Special Self-Governing Province account of the special accounts for balanced national development for the fiscal year 2009 under the former provisions as at the time this Act enters into force shall be appropriated as the revenues of the regional development account, economic region development account and the Jeju Special Self-Governing Province account of the special accounts for regional development under this Act, respectively: Provided, That the surplus remaining after the settlement of the said accounts, which is related to the charges for preservation of development-restricted areas under Article 26 (1) of the Act on Special Measures for Designation and Management of Development Restriction Zones and metropolitan traffic facility charges under Article 11-6 (1) of the Special Act on the Management of Intercity Transport in Metropolitan Areas shall be appropriated as the revenues of the economic region development account of the special accounts on regional development for the year 2010. |
Article 3 (Succession of Property)
The economic region development account of the regional development special account under this Act shall succeed to the properties, receivables and obligations belonging to the regional development project account of the special accounts on balanced national development under the former Special Act on Balanced National Development at the time this Act enters into force. Article 4 (Transitional Measures following Establishment of Presidential Committee on Regional Development)
| (1) | The Presidential Committee for Balanced National Development, Executive Office of Presidential Committee for Balanced National Development, Office of Presidential Committee for Balanced National Development Affairs, and Balanced National Development Team established under the former provisions at the time this Act enters into force shall be deemed the Presidential Committee on Regional Development, Executive Office of Presidential Committee on Regional Development, Office of Presidential Committee on Regional Development Affairs, and Regional Development Team established under this Act, respectively. |
| (2) | Members of the former Presidential Committee for Balanced National Development at the time this Act enters into force shall be deemed to have been appointed or commissioned pursuant to the amended provisions of Article 23 (2) and (3). In such cases, the term of office of such members shall be the remaining term of the former office. |
Article 5 (Transitional Measures for Public Officials, Executive Officers and Employees Dispatched to Presidential Committee for Balanced National Development)
Any public official, executive officer or employee dispatched to the Presidential Committee for Balanced National Development from the State, local governments, corporations or other organizations pursuant to the former provisions at the time this Act enters into force shall be deemed a public official, executive officer or employee dispatched to the Presidential Committee on Regional Development pursuant to the amended provisions of Article 25 (1). Article 6 Omitted.
Article 7 (Relationship to other Acts)
Where other statutes and regulations cited the former Special Act on Balanced National Development or the provisions thereof at the time when this Act enters into force, if provisions corresponding thereto exist in this Act, they shall be deemed to have cited this Act or the corresponding provisions of this Act in lieu of the former provisions.
ADDENDA <Act No. 9932, Jan. 18, 2010>
Article 1 (Enforcement Date)
This Act shall enter into force two months after the date of its promulgation. (Proviso omitted.)
Articles 2 through 5 Omitted.
ADDENDA <Act No. 10303, May 17, 2010>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 10 Omitted.
ADDENDA <Act No. 10386, Jul. 23, 2010>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 8 Omitted.
ADDENDA <Act No. 10653, May 19, 2011>
Article 1 (Enforcement Date)
This Act shall enter into force one month after the date of its promulgation.
Articles 2 through 11 Omitted.
ADDENDA <Act No. 10898, Jul. 25, 2011>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation.
Articles 2 through 5 Omitted.
ADDENDA <Act No. 11433, May 23, 2012>
Article 1 (Enforcement Date)
This Act shall enter into force one year after the date of its promulgation.
Article 2 Omitted.
ADDENDA <Act No. 11530, Dec. 11, 2012>
Article 1 (Enforcement Date)
This Act shall enter into force one year after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 7 Omitted.
ADDENDA <Act No. 11690, Mar. 23, 2013>
Article 1 (Enforcement Date)
| (1) | This Act shall enter into force on the date of its promulgation. |
Articles 2 through 7 Omitted.
ADDENDA <Act No. 12161, Jan. 1, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation. (Proviso Omitted.)
Articles 2 through 6 Omitted.
ADDENDA <Act No. 12215, Jan. 7, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That Articles 30, 32 through 35, 35-2, 36, 40 and the amended provisions of Article 44, Articles 6 (1), (2), (6) through (8) and (12) of the Addenda on January 1, 2015. <Amended by Act No. 12412, Mar. 11, 2014> Article 2 (Transitional Measures concerning Alteration of Supra-Economic Regions)
The supra-economic region prescribed in subparagraph 4 of Article 2 of the former provisions shall be deemed the economic cooperation sphere prescribed in the amended provisions of subparagraph 3 of Article 2. Article 3 (Transitional Measures concerning Settlement of Administrative Affairs of the Economic Region Development Committee)
The economic region development committee and its administrative bureau that were established pursuant to Article 28 of the former provisions shall remain valid until December 31, 2013.
Article 4 (Transitional Measures concerning Special Accounts on Regional Development)
| (1) | With respect to the revenue, expenditure and settlement of fiscal year 2014 of the special accounts on regional development under Article 32 of the former provisions as at the time when this Act enters into force, the former provisions shall apply thereto. |
| (2) | The amount of surplus remaining as a result of the fiscal year 2014 settlement of the regional development account, economic region development account and the Jeju Special Self-Governing Province account of the special accounts on regional development under Article 32 of the former provisions as at the time when this Act enters into force, shall be appropriated to the revenue of the livelihood account, economic development account and the Jeju Special Self-Governing Province account of the special accounts on regional development under the amended provisions of Article 32. |
Article 5 (Transitional Measures concerning Succession to Properties, Receivables and Obligations)
The properties, receivables and obligations belonging to the economic region development account of the special accounts on regional development pursuant to Article 33 of the former provisions as at the time when this Act enters into force, shall be succeeded by the economic development account of the special accounts on regional development under the amended provisions of Article 32. Article 6 Omitted.
Article 7 (Relationship to other Statutes and Regulations)
Where a provision of the previous Special Act on Balanced National Development is referred to in other statutes and regulations as at the time when this Act enters into force, if this Act has a provision corresponding to the previous provision, the corresponding provision under this Act shall be deemed to have been referred to in lieu of the previous provision.
ADDENDUM <Act No. 12335, Jan. 28, 2014>
This Act shall enter into force on January 1, 2015.
ADDENDA <Act No. 12412, Mar. 11, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That Article 2 (1) of the Addenda shall enter into force on January 1, 2015.
Articles 2 and 3 Omitted.
ADDENDA <Act No. 12737, Jun. 3, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force on January 1, 2015.
Articles 2 through 10 Omitted.
ADDENDA <Act No. 12844, Nov. 19, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That the amended provisions the Acts that were promulgated before this Act enters into force, and the enforcement date of which has not yet arrived, among the Acts amended pursuant to Article 6 of the Addenda, shall enter into force on the enforcement date of the relevant Acts.
Articles 2 through 7 Omitted.
ADDENDA <Act No. 13426, Jul. 24, 2015>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 39 Omitted.
ADDENDA <Act No. 13931, Jan. 28, 2016>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation. (Proviso omitted.)
Articles 2 through 12 Omitted.
ADDENDUM <Act No. 14309, Dec. 2, 2016>
This Act shall enter into force six months after the date of its promulgation.
ADDENDUM <Act No. 14599, Mar. 21, 2017>
This Act shall enter into force three months after the date of its promulgation.
ADDENDA <Act No. 14839, Jul. 26, 2017>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That the amended provisions the Acts that were promulgated before this Act enters into force, and the enforcement date of which has not yet arrived, among the Acts amended pursuant to Article 6 of the Addenda, shall enter into force on the enforcement date of the relevant Acts.
Articles 2 through 6 Omitted.
ADDENDA <Act No. 14991, Oct. 31, 2017>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation.
Article 2 (Applicability to Regional Plan)
The amended provisions of Article 7 (1) 1-2 shall apply from a regional plan which is firstly established after this Act enters into force.
ADDENDA <Act No. 15309, Dec. 26, 2017>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation. (Proviso omitted.)
Articles 2 through 4 Omitted.
ADDENDA <Act No. 15489, Mar. 20, 2018>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That Article 6 (3) shall enter into force on March 27, 2018, and the amended provisions of Articles 18-2, 18-3, 20, 21-2, 28, 29, 31 and 38 (6) shall enter into force six months after the date of its promulgation. Article 2 (Succession of Property)
The local support account of the special account for balanced national development in accordance with this Act shall succeed to the properties, receivables and obligations belonging to the economic development account of special accounts on regional development under the former Special Act on Balances National Development.
Article 3 (Transitional Measures concerning Special Accounts for Balanced National Development)
| (1) | The former provisions shall apply to revenues, expenditures and settlements of the fiscal year of 2018 of the former special accounts for regional development under the former provisions at the time this Act enters into force. |
| (2) | Surplus remaining after the settlement of accounts of the fiscal year of 2018 of the livelihood account, the economic development account, the Jeju Special Self-Governing Province account and the Sejong Special-Governing City account of the special accounts for regional development under the former provisions at the time this Act enters into force shall be appropriated as the revenues of the local autonomous account, the local support account, the Jeju Special Self-Governing Province account and the Sejong Special-Governing City account of the special accounts for balanced national development under this Act. |
Article 4 (Transitional Measures concerning Establishment of Presidential Committee for Balanced National Development)
| (1) | The Presidential Committee on Regional Development, Executive Office of Presidential Committee on Regional Development, Office of Presidential Committee on Regional Development Affairs, and Regional Development Team established under the former provisions shall be deemed the Presidential Committee for Balanced National Development, Executive Office of Presidential Committee for Balanced National Development, Supporting Bureau for Presidential Committee for Balanced National Development, and Supporting Team for Presidential Committee for Balanced National Development established under this Act, respectively. |
| (2) | Members of the former Presidential Committee on Regional Development at the time this Act enters into force shall be deemed to have been appointed or commissioned pursuant to the amended provisions of Article 23 (2) and (3). In such cases, the term of office of such members shall be the remaining term of the former office. |
Article 5 (Transitional Measures concerning Public Officials, Executive Officers and Employees Dispatched to Presidential Committee for Balanced National Development)
Any public official, executive officer or employee dispatched to the Presidential Committee on Regional Development from the State, local governments, corporations or other organizations pursuant to the former provisions at the time this Act enters into force shall be deemed a public official, executive officer or employee dispatched to the Presidential Committee for Balanced National Development pursuant to the amended provisions of Article 25 (1). Article 6 Omitted.
Article 7 (Relationship to other Statutes and Regulations)
Where other statutes and regulations cited the former Special Act on Balanced National Development or the provisions thereof at the time when this Act enters into force, if provisions corresponding thereto exist in this Act, they shall be deemed to have cited this Act or the corresponding provisions of this Act in lieu of the former provisions.
ADDENDUM <Act No. 16202, Jan. 8, 2019>
This Act shall enter into force six months after the date of its promulgation.