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SPECIAL ACT ON ASSISTANCE TO THE EXPO 2012 YEOSU KOREA

Wholly Amended by Act No. 11543, Dec. 11, 2012

Amended by Act No. 11690, Mar. 23, 2013

Act No. 12248, Jan. 14, 2014

Act No. 12738, jun. 3, 2014

Act No. 12844, Nov. 19, 2014

Act No. 13055, Jan. 20, 2015

Act No. 14350, Dec. 2, 2016

Act No. 14532, Jan. 17, 2017

Act No. 14804, Apr. 18, 2017

Act No. 15607, Apr. 17, 2018

Act No. 15918, Dec. 11, 2018

Act No. 16904, Jan. 29, 2020

Act No. 16902, Jan. 29, 2020

Act No. 17046, Feb. 18, 2020

Act No. 17171, Mar. 31, 2020

CHAPTER I GENERAL PROVISIONS
 Article 1 (Purpose)
The purpose of this Act is to contribute to the balanced development of national territory by accelerating the revitalization of marine tourism, the advancement of ocean science and technology, the development of the marine and fisheries industry, the rational and sustainable development, management and preservation of marine and fishery resources, the coastal and marine environment, by inheriting and commemorating the outcomes of EXPO 2012 Yeosu Korea and by efficiently utilizing EXPO facilities. <Amended on Apr. 18, 2017>
 Article 2 (Definitions)
The terms used in this Act are defined as follows:
1. The term "EXPO facility" means a facility prescribed by Presidential Decree that has been installed or is to be installed in the special ocean EXPO zones to hold the EXPO 2012 Yeosu Korea (hereinafter referred to as the "EXPO") or for the ex-post utilization thereof;
2. The term "ex-post utilization of the EXPO" means inheriting and developing the spirit and outcomes of the EXPO, efficiently managing (including selling, leasing and developing) EXPO facilities, and performing EXPO commemorative projects, etc. after holding the EXPO;
3. The term "special ocean EXPO zone" means a zone designated and publicly announced under Article 15 (1) to efficiently promote ex-post utilization of the EXPO;
4. The term "Yeosu Declaration" means a declaration adopted at the EXPO, which has reevaluated the sea as the source of tackling global common issues, such as climate change, resource scarcity and food shortage and green growth, and has announced the efforts of the international society for wise use of the sea and protection of the marine environment;
5. The term "Yeosu Project" means international cooperation programs to help developing countries to improve their ability to cope with marine issues in accordance with the spirit of the Yeosu Declaration.
 Article 3 (Relationship to Other Statutes)
This Act shall apply in preference to other Acts pertaining to matters concerning ex-post utilization of EXPO facilities.
CHAPTER II EXPO 2012 YEOSU KOREA FOUNDATION
 Article 4 (Establishment of EXPO 2012 Yeosu Korea Foundation)
(1) There is hereby established an EXPO 2012 Yeosu Korea Foundation (hereinafter referred to as the "Foundation") in order to inherit and commemorate the outcomes from the EXPO and to perform projects, etc. related to ex-post utilization of the EXPO.
(2) The Foundation shall be a corporation and shall be duly incorporated by completing the registration for incorporation at the registry office having jurisdiction over its principal place of business.
(3) The Foundation shall perform the following projects to achieve the purposes provided for in paragraph (1): <Amended on Mar. 23, 2013>
1. Formulation and implementation of the ex-post utilization plan of the EXPO;
2. All projects for inheriting and commemorating the outcomes from the EXPO;
3. The following projects related to the ex-post utilization of the EXPO:
(a) Sales projects for commemorating the EXPO;
(b) Sale of EXPO facilities and site, and inducement of private investments;
(c) Other projects prescribed by Presidential Decree in relation to the ex-post utilization of the EXPO;
4. Supporting projects related to the Yeosu Declaration and the Yeosu Project;
5. Supporting projects to revitalize marine tourism on the southern coast of Korea;
6. Cooperation with nations that participated in the EXPO and the Bureau of International Exhibitions;
7. Projects incidental to those referred to in subparagraphs 2 through 6;
8. Other projects authorized by the Minister of Oceans and Fisheries to achieve the purposes for which the Foundation is incorporated.
(4) The Foundation shall have a chairperson, not more than eight directors, and one auditor. In such cases, the chairperson shall be full-time and matters concerning other executive officers shall be determined by the articles of incorporation.
(5) The term of office of the executive officers shall be three years, and the consecutive appointment may be permitted. <Amended on Dec. 2, 2016>
(6) The chairperson shall be appointed by the Minister of Oceans and Fisheries upon the recommendation by the board of directors, and the directors and auditor shall be appointed by the chairperson upon approval by the Minister of Oceans and Fisheries, as stipulated in the articles of incorporation, on condition that at least one director recommended by the Governor of Jeollanam-Do and Mayor of Yeosu-Si respectively shall be included. <Amended on Mar. 23, 2013; Dec. 2, 2016>
(7) Except as otherwise expressly provided for in this Act, the provisions concerning incorporated foundations under the Civil Act shall apply mutatis mutandis to the Foundation.
 Article 5 (Financial Resources)
(1) Funds required for the operation and projects of the Foundation shall be raised from the following financial resources: <Amended on Jan. 20, 2015>
1. Contributions, subsidies and donations and articles from the State, local governments or other entities;
2. Income from the projects prescribed in Article 4 (3);
3. Funds borrowed under Article 7;
4. Other earnings.
(2) The Foundation may manage the financial resources separate from others to implement supporting projects related to the Yeosu Project.
(3) Other matters necessary for the financial operation and management of the Foundation shall be prescribed by Presidential Decree.
 Article 6 (Lease, etc. of Public Property)
(1) If deemed necessary to assist the Foundation, a local government may gratuitously lease public property to the Foundation or allow it to gratuitously use or profit from public property, or may transfer other commodities or allow it to gratuitously use them within the extent that the use thereof is not hindered.
(2) Where it is intended to gratuitously lease any public property or commodities or to allow gratuitous use of, or profit from such public property or commodities, or to make any transfer under paragraph (1), the terms, conditions, procedures, etc. thereof shall be determined by a contract between the managing authorities of the relevant property or commodities and the Foundation.
 Article 7 (Borrowing Funds)
Where deemed necessary for performing projects, the Foundation may borrow funds upon obtaining approval therefor from the Minister of Oceans and Fisheries. <Amended on Mar. 23, 2013>
 Article 8 (Exemption from Obligations to Purchase Bonds, etc.)
Where the Foundation acquires, etc. any chattels or real estate for the projects provided for in Article 4 (3) (excluding profit-making projects), its obligation to purchase various bonds, etc. under relevant Acts and subordinate statutes may be exempted in the same manner as applicable to State agencies.
 Article 9 (Requests for Provision of Data)
The Foundation may request relevant administrative agencies, public institutions, educational institutions, research organizations, etc. to provide EXPO-related survey reports, these and other data.
 Article 10 (Approval, etc. of Project Plans)
(1) The Foundation shall prepare a project plan and a budget bill for the following year and obtain approval from the Minister of Oceans and Fisheries before the commencement of the relevant fiscal year. <Amended on Mar. 23, 2013>
(2) The Foundation shall submit a settlement report of revenues and expenditures of the relevant fiscal year to the Minister of Oceans and Fisheries within three months after the end of each fiscal year, along with the project performance of the relevant fiscal year. <Amended on Mar. 23, 2013>
CHAPTER III INHERITANCE AND COMMEMORATION OF SPIRIT AND OUTCOMES FROM THE EXPO
 Article 11 (Establishment and Operation of Memorial Hall of EXPO 2012 Yeosu Korea)
In order to inherit and commemorate the outcomes from the EXPO, the Foundation may establish and operate a memorial hall of the EXPO 2012 Yeosu Korea.
 Article 12 (Inheritance of Spirit of EXPO by State and Local Governments)
The State and local governments shall, in connection with the ex-post utilization of the EXPO, endeavor to realize the spirit of the EXPO through the propagation of future vision of the oceans, the expansion of marine cultural facilities, and the development of marine tourism resources, etc. in the whole area of the southern coast of Korea, including the EXPO venues.
 Article 13 (Participation and Cooperation of Civic Societies, etc.)
Civic societies, etc. shall fully participate and cooperate in the projects implemented by the State and local governments in order to realize the spirit of the Yeosu Declaration. In such case, the local governments, etc. may provide expense, in whole or in part, necessary for activities of local civic societies to realize the spirit of Yeosu Declaration and inherit and commemorate the outcomes from the EXPO. <Amended on Dec. 2, 2016>
CHAPTER IV EX-POST UTILIZATION OF EXPO FACILITIES
 Article 14 (Formulation and Implementation of Plans for Ex-Post Utilization of EXPO Facilities)
(1) To ensure the efficient ex-post utilization of EXPO facilities, the Foundation shall formulate a plan for the ex-post utilization of EXPO facilities (hereafter referred to as "plan" in this Article) and obtain approval therefor from the Minister of Oceans and Fisheries. In such cases, the Foundation shall take the conditions of the surrounding environment and geographical characteristics into consideration so that the EXPO facilities can be utilized ex-post in an environment-friendly manner. <Amended on Mar. 23, 2013; Feb. 18, 2020>
(2) When the Minister of Oceans and Fisheries intends to approve the plan, he/she shall have prior consultation with the head of the relevant central administrative agency and the relevant local government. <Amended on Mar. 23, 2013; Dec. 2, 2016>
(3) Upon receipt of a request for consultation under paragraph (2), the head of the relevant central administrative agency and the relevant local government shall submit their opinion to the Minister of Oceans and Fisheries within 14 days after receiving the request, except in extenuating circumstances. <Amended on Mar. 23, 2013; Dec. 2, 2016>
(4) When the Minister of Oceans and Fisheries approves the plan, he/she shall send the relevant documents to the heads of the relevant administrative agencies and the chairperson of the Foundation and publicly announce the approved plan in the Official Gazette. <Amended on Mar. 23, 2013>
(5) Paragraphs (1) through (4) shall apply mutatis mutandis to alterations of the plan: Provided, That paragraphs (2) and (3) shall not apply mutatis mutandis to the alteration of insignificant matters prescribed by Presidential Decree.
(6) Matters necessary for standards for formulating the plan and the public notice thereof and other matters shall be prescribed by Presidential Decree.
 Article 15 (Designation of Special Ocean EXPO Zones)
(1) The Minister of Oceans and Fisheries shall designate and publicly notify a special ocean EXPO zone (hereinafter referred to as "special zone") in accordance with the ex-post utilization plan of EXPO facilities approved under Article 14. <Amended on Mar. 23, 2013>
(2) When the Minister of Oceans and Fisheries intends to designate a special zone under paragraph (1) or alter a designated special zone, he/she shall hear the opinions of the competent Do Governor, Mayor and residents and consult with the heads of the relevant central administrative agencies, as prescribed by Presidential Decree: Provided, That this shall not apply where insignificant matters prescribed by Presidential Decree are altered. <Amended on Mar. 23, 2013>
(3) When the Minister of Oceans and Fisheries designates a special zone or alters a designated special zone under paragraph (1) or (2), he/she shall publicly notify the relevant documents, including a topographical map referred to in Article 8 (2) of the Framework Act on the Regulation of Land Use in the Official Gazette and send the copies of the relevant documents to the competent Do Governor and Mayor. In such cases, the competent Do Governor and Mayor in receipt of the copies of the relevant documents shall make them available to the general public for inspection for at least 14 days. <Amended on Mar. 23, 2013>
 Article 15-2 (Support for Boosting Special Zone)
(1) The State or local governments may provide support necessary to boost special zone including inviting training and education programs, meetings or events, and improving landscape of special zone by using EXPO facilities in order to increase participation from the private sector in developing and fostering the special zone. <Amended on Dec. 11, 2018>
(2) The State or local governments may create facilities other than EXPO facilities in a special zone. <Newly Inserted on Dec. 11, 2018>
[This Article Newly Inserted on Jan. 20, 2015]
 Article 16 (Restriction on Acts, etc.)
(1) Any person who intends to construct a building, install an artificial structure, change the form or quality of land, extract earth, stones, gravels and sand, capture or raise any marine animals and plants, subdivide land or pile stuffs, or do other acts prescribed by Presidential Decree in a special zone designated and publicly notified under Article 15 (1) shall obtain permission therefor from the competent Do Governor or Mayor. The same shall also apply where he/she intends to alter any permitted matters. <Amended on Feb. 18, 2020>
(2) Where the competent Do Governor or Mayor intends to grant permission or permission for alteration under paragraph (1), he/she shall first hear the opinion of the Minister of Oceans and Fisheries, if the act, etc. for which such permission is sought is likely to significantly hinder the projects related to the ex-post utilization of EXPO facilities and constitutes acts prescribed by Presidential Decree. <Amended on Mar. 23, 2013>
 Article 17 (Implementers of Projects Related to Ex-Post Utilization of EXPO Facilities)
The Foundation may perform projects related to the ex-post utilization of EXPO facilities either directly or authorize any of the following entities to perform such projects by designating such entities as implementers: <Amended on Dec. 2, 2016>
2. Local public enterprises established under the Local Public Enterprises Act;
3. Private investors meeting the qualification requirements prescribed by Presidential Decree, including capital;
3-2. A foreign-capital invested company or foreigner-contributed nonprofit corporation under Article 2 (1) 6 of the Foreign Investment Promotion Act;
4. Corporations established by investment made by at least two entities falling under any of subparagraphs 1 through 3 and 3-2 to perform projects related to the ex-post utilization of EXPO facilities.
 Article 17-2 (Replacement of, and Revocation of Designation of, Project Implementer)
Where a person designated as the implementer of a project related to the ex-post utilization of EXPO facilities (hereinafter referred to as "project implementer") pursuant to Article 17 falls under any of the following subparagraphs, the Foundation may replace the project implementer or revoke the designation thereof: <Amended on Feb. 18, 2020>
1. Where the project implementer fails to file an application for approval of a project implementation plan for the ex-post utilization of EXPO facilities under Article 18 (1) within two years from the date of designation as a project implementer;
2. Where the project implementer fails to commence a project related to the ex-post utilization of EXPO facilities within one year after obtaining approval of the relevant project implementation plan for the ex-post utilization of EXPO facilities under Article 18 (1);
3. Where approval of a project implementation plan for the ex-post utilization of EXPO facilities under Article 18 (1) is revoked;
4. Where the project implementer voluntarily files an application for replacement or revocation of designation due to a natural disaster, his/her bankruptcy, or other managerial reasons.
[This Article Newly Inserted on Dec. 11, 2018]
 Article 17-3 (Public Announcement of Project Implementers)
Where the chairperson of the Foundation designates or replaces a project implementer or revokes the designation of a project implementer under Articles 17 and 17-2, he/she shall publicly announce such designation, replacement, or revocation, as prescribed by the articles of incorporation.
[This Article Newly Inserted on Dec. 11, 2018]
 Article 18 (Approval, etc. of Implementation Plans)
(1) Where a project implementer intends to implement a project, he/she shall prepare an implementation plan which includes the matters prescribed by Presidential Decree, such as the size and details of the project related to the ex-post utilization of EXPO facilities, the project period and the financing plan and obtain approval therefor from the Minister of Oceans and Fisheries, and the same shall also apply where he/she intends to alter an approved implementation plan: Provided, That this shall not apply where he/she intends to alter insignificant matters prescribed by Presidential Decree. <Amended on Mar. 23, 2013; Dec. 11, 2018>
(2) When the Minister of Oceans and Fisheries approves an implementation plan or the alteration thereof, he/she shall publicly notify such fact in the Official Gazette without delay and send the copies of relevant documents to the competent Do Governor and Mayor. In such cases, the competent Do Governor and Mayor in receipt of the copies of the relevant documents shall make them available to the general public for inspection for at least 14 days. <Amended on Mar. 23, 2013>
 Article 19 (Constructive Authorization, Permission, etc. under Other Acts)
(1) When the Minister of Oceans and Fisheries grants approval for an implementation plan or alteration thereof, the matters consulted with the heads of the relevant administrative agencies under paragraph (3) on the following permission, authorization, determination, licenses, consultation, consent, approval, reports, cancellation, etc. (hereinafter referred to as "authorization, permission, etc.") for the implementation plan shall be deemed to have obtained the relevant authorization, permission, etc. and where an implementation plan is publicly notified under Article 18 (2), authorization, permission, etc. under the following Acts shall be deemed publicly notified or announced: <Amended on Mar. 23, 2013; Jan. 14, 2014; Jun. 3, 2014; Jan. 17, 2017; Apr. 17, 2018; Jan. 29, 2020; Feb. 18, 2020; Mar. 31, 2020>
1. A building permission under Article 11 of the Building Act, a building report under Article 14 of the same Act, revisions to permission and report under Article 16 of the same Act, change of use under Article 19 of the same Act, permission for and report on construction of temporary structures under Article 20 of the same Act, consultation on building under Article 29 of the same Act, and a report on the construction of artificial structures under Article 83 of the same Act;
2. A permission to extract aggregate under Article 22 of the Aggregate Extraction Act;
3. A permission to occupy and use public waters under Article 8 of the Public Waters Management and Reclamation Act, authorization of implementation plan under Article 17 of the same Act, formulation and alteration of reclamation master plans under Articles 22 and 27 of the same Act, a reclamation license of public waters under Article 28 of the same Act, consultation or approval under Article 35 (1) of the same Act, and authorization of implementation plan to reclaim public waters under Article 38 of the same Act;
4. Approval of business plans under Article 15 of the Tourism Promotion Act, designation of tourist destinations and tourism complexes under Article 52 of the same Act, approval of plans to develop tourist destinations and tourism complexes under Article 54 of the same Act, and permission for implementation of development projects under Article 55 of the same Act;
5. Determination of urban/Gun management planning under Article 30 of the National Land Planning and Utilization Act, permission for development activities under Article 56 of the same Act, designation of implementers of urban/Gun planning facility projects under Article 86 of the same Act, and authorization for implementation plans under Article 88 of the same Act;
6. Approval of development project plans of agricultural and fishing village tourism and resort complexes under Article 82 (2) of the Rearrangement of Agricultural and Fishing Villages Act;
7. Reporting on dust cloud under Article 43 of the Clean Air Conservation Act;
8. Consultation with or approval by road management authorities under Article 107 of the Road Act (limited to public notice of designation of routes under Article 19 of the same Act, determination of road zones under Article 25 of the same Act, permission for road construction to persons, other than management authorities under Article 36 of the same Act, and a permit to occupy and use roads under Article 61 of the same Act);
9. Designation of urban development zones under Article 3 of the Urban Development Act, formulation of urban development project plans under Article 4 of the same Act, designation of implementers of urban development projects under Article 11 of the same Act, and authorization of implementation plans under Article 17 of the same Act;
10. Formulation and determination of park building plans under Articles 16 and 16-2 of the Act on Urban Parks, Green Areas, Etc., a permission to occupy and use urban parks under Article 24 of the same Act, restrictions on acts in urban natural park areas under Article 27 of the same Act, and a permission to occupy and use greenbelts, etc. under Article 38 of the same Act;
11. Permission for installation of private roads under Article 4 of the Private Road Act;
12. A permission to fell, extract earth, rock, etc. under Article 14 of the Erosion Control Act and cancellation of designation of land treated for erosion control under Article 20 of the same Act;
13. Consent to building permission, etc. under Article 7 (1) of the Installation, Maintenance, and Safety Control of Fire-Fighting Systems Act, reporting on fire-fighting systems installation works under Article 13 (1) of the Fire-Fighting System Installation Business Act, and permission for building of factories, etc. under Article 6 (1) of the Act on the Safety Control of Hazardous Substances;
14. Prior-reporting on specified construction works under Article 22 of the Noise and Vibration Control Act;
15. Authorization for general waterworks business under Article 17 (1) of the Water Supply and Waterworks Installation Act, authorization for industrial waterworks business under Article 49 of the same Act, authorization for installation of private-use waterworks under Article 52 of the same Act, and private-use industrial waterworks under Article 54 of the same Act;
16. Permission for or reports on the installation of water pollutants discharging facilities under Article 33 of the Water Environment Conservation Act;
17. Formulation of, and amendment to, a marine spatial master plan under Article 5 of the Act on Marine Spatial Planning and Management, public notice of a master plan under Article 6 of the same Act, formulation of, and amendment to, a marine spatial management plan under Article 7 of the same Act, public notice of a management plan under Article 8 of the same Act, and approval of an implementation plan for a coastal maintenance project under Article 25 of the Coast Management Act;
18. Authorization of or reporting on plans for works for electric installations for private use under Article 8 of the Electric Safety Management Act;
19. Examination of publication of maps, etc. under Article 15 (3) of the Act on the Establishment, Management, etc. of Spatial Data and reporting on the commencement, alteration or completion of a project under Article 86 (1) of the same Act;
21. Reporting on the disposal of waste generated from places of business under Article 17 of the Wastes Control Act;
22. Formulation of, and amendment to, master harbor plans under Articles 5 and 7 of the Harbor Act, permission to implement harbor development projects under Article 9 (2) of the same Act, and approval of a plan for implementing harbor development projects under Article 10 (2) of the same Act;
23. Authorization for installation of public sewerage systems under Article 11 of the Sewerage Act, permission to perform public sewerage construction works under Article 16 of the same Act, and a permission to occupy and use under Article 24 of the same Act;
24. Permission to do acts under Article 23 of the Natural Parks Act and consultation about permission under Article 71 of the same Act.
(2) When a project implementer who intends to obtain constructive authorization, permission, etc. under paragraph (1) applies for approval of an implementation plan or alteration thereof, he/she shall also submit relevant documents prescribed by relevant Acts.
(3) In granting approval of an implementation plan or alteration thereof, the Minister of Oceans and Fisheries shall consult with the heads of the relevant administrative agencies in advance, if such implementation plan or alteration includes a matter falling under any subparagraph of paragraph (1). <Amended on Mar. 23, 2013; Feb. 18, 2020>
(4) The head of a relevant administrative agency in receipt a request for consultation from the Minister of Oceans and Fisheries under paragraph (3) shall submit his/her opinion within 20 days after receipt of such request. <Amended on Mar. 23, 2013>
 Article 20 (Application Mutatis Mutandis of Other Acts)
Articles 21, 22, 35, and 36 of the Act on Redevelopment of Harbors and Development of Their Environs shall apply mutatis mutandis to projects related to ex-post utilization of EXPO facilities. In such cases, "harbor redevelopment project" shall be construed as "project for ex-post utilization of EXPO facilities.”<Amended on Dec. 2, 2016; Dec. 11, 2018; Jan. 29, 2020>
 Article 21 (Tax Reductions and Exemptions)
If necessary for the development and promotion of a special zone, the State and local governments may reduce or exempt national taxes and local taxes to be borne by implementers of projects related to the ex-post utilization of the EXPO or enterprises, etc. that start a business or newly established in the special zone, as prescribed by the Restriction of Special Taxation Act and other related statutes.
 Article 22 (Reduction of, and Exemption from, Charges, etc.)
The State and local governments may reduce or exempt the following charges, etc. if necessary for expedite the sale and lease of EXPO facilities and sites:
1. Development charges defined in subparagraph 4 of Article 2 of the Restitution of Development Gains Act;
2. Occupancy or use fees of public waters collected under Article 13 (1) of the Public Waters Management and Reclamation Act.
 Article 23 (Projects to Sell Housing Sites, etc.)
If necessary for projects to achieve the purposes for which the Foundation is incorporated, the Foundation may request the implementers of housing site development projects under Article 7 of the Housing Site Development Promotion Act to perform necessary projects.
 Article 24 Deleted. <Dec. 2, 2016>
 Article 25 Deleted. <Dec. 2, 2016>
CHAPTER V SUPPLEMENTARY PROVISIONS
 Article 26 Deleted. <Jan. 20, 2015>
 Article 27 (Legal Fiction as Public Officials in Application of Penalty Provisions)
The executive officers and employees of the Foundation shall be deemed public officials for the purposes of the penalty provisions of Articles 127 and 129 through 132 of the Criminal Act. <Amended on Feb. 18, 2020>
CHAPTER VI Deleted.
 Article 28 Deleted. <Jan. 20, 2015>
ADDENDA <Act No. 11543, Dec. 11, 2012>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation: Provided, That Article 2 of the Addenda shall enter into force on the date of its promulgation.
Article 2 (Preparation for Incorporation of Foundation)
(1) The Minister of Oceans and Fisheries shall commission not more than five incorporators within two months from the promulgation date of this Act and assign them to take charge of the affairs concerning the incorporation of the Foundation and appointment of the executive officers at the time of its incorporation. <Amended by Act No. 11690, Mar. 23, 2013>
(2) Incorporators shall prepare the articles of incorporation and obtain authorization from the Minister of Oceans and Fisheries. <Amended by Act No. 11690, Mar. 23, 2013>
(3) The chairperson of the Foundation at the time of its incorporation shall be appointed by the Minister of Oceans and Fisheries. <Amended by Act No. 11690, Mar. 23, 2013>
(4) When the incorporators obtain authorization under paragraph (2), they shall transfer the affairs to the chairperson of the Foundation after completing the registration for incorporation of the Foundation without delay under joint names.
(5) The incorporators shall be deemed dismissed when the affairs are fully transferred under paragraph (4).
(6) Expenses spent for incorporation of the Foundation until the Foundation is incorporated shall be borne by the Organizing Committee for EXPO 2012 Yeosu Korea following prior consultation with the Minister of Oceans and Fisheries. <Amended on Mar. 23, 2013>
<<Enforcement Date: Dec. 11, 2012>> Article 2
Article 3 (Special Cases concerning Cancellation of Designation, etc. of Zones for EXPO Support Facilities)
(1) Article 58 of the Harbor Act shall apply mutatis mutandis to the cancellation of designation of zones for EXPO support facilities designated and publicly announced as at the time this Act enters into force. In such cases, "harbor redevelopment project" shall be construed as "project for EXPO support facilities" and "the Central Council" as "the Support Committee", respectively. <Amended on Dec. 2, 2016>
(2) Articles 59 (2) and (3), 61 and 62 of the Harbor Act shall apply mutatis mutandis to procedures for completion of construction of zones for EXPO support facilities being taken as at the time this Act enters into force. In such cases, "harbor redevelopment project" shall be construed as "project for EXPO support facilities" and "the Minister for Oceans and Fisheries" shall be construed as "the competent Governor", respectively. <Amended by Act No. 11690, Mar. 23, 2013>
Article 4 (General Transitional Measures)
Dispositions, procedures, and other acts taken or done under the former Special Act on the Commemoration of and Follow-up on the EXPO 2012 Yeosu Korea (hereinafter referred as "former Act") as at the time this Act enters into force shall remain effective, notwithstanding the amendment of this Act.
Article 5 (Transitional Measures concerning Organizing Committee for EXPO 2012 Yeosu Korea)
At the same time the Organizing Committee for EXPO 2012 Yeosu Korea under the former Act is dissolved, the Foundation shall succeed to all rights and duties of the Organizing Committee (including the obligations to repay financed funds in accordance with the plans for ex-post utilization, etc. under Article 25 of the former Act).
Article 6 (Transitional Measures concerning Ex-Post Utilization Plans)
(1) Parts concerning ex-post utilization in the plans formulated under Article 25 of the former Act shall be deemed a plan formulated under Article 14 (1).
(2) Development project zones designated and publicly announced under Article 28 of the former Act shall be deemed the special zones designated and publicly announced under Article 15.
(3) Project implementers designated under Article 30 of the former Act shall be deemed designated under Article 17.
(4) Implementation plans approved under Article 31 of the former Act shall be deemed approved under Article 18.
Article 7 (Transitional Measures concerning Projects for EXPO Support Facilities)
Projects for EXPO support facilities being performed under the former Act as at the time this Act enters into force shall be governed by the former provisions.
Article 8 (Relationship with other Acts and Subordinate Statutes)
Where other Acts or subordinate statutes cite the former Acts or any provisions thereof as at the time this Act enters into force, the relevant provisions of this Act shall be deemed cited in lieu of the former provisions, if any provisions corresponding thereto exist herein.
ADDENDA <Act No. 11690, Mar. 23, 2013>
Article 1 (Enforcement Date)
(1) This Act shall enter into force on the date of its promulgation.
(2) Omitted.
Articles 2 through 7 Omitted.
ADDENDA <Act No. 12248, Jan. 14, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 25 Omitted.
ADDENDA <Act No. 12738, Jun. 3, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force one year after the date of its promulgation. (Proviso Omitted)
Articles 2 through 3 Omitted.
ADDENDA <Act No. 12844, Nov. 19, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force one year after the date of its promulgation: Provided, That among Acts amended under Article 6 of Addenda, the amendments to Acts which have been promulgated before this Act enters into force, but the enforcement date of which has yet to arrive shall enter into force on the enforcement date of the relevant Act.
Articles 2 through 7 Omitted.
ADDENDUM <Act No. 13055, Jan. 20, 2015>
This Act shall enter into force on the date of its promulgation.
ADDENDA <Act No. 14350, Dec. 2, 2016>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation.
Articles 2 (Applicability to Term of Office etc. of Executive Officers)
The amendments to Article 4 shall apply beginning from executive officers first appointed after this Act enters into force.
ADDENDA <Act No. 14532, Jan. 17, 2017>
Article 1 (Enforcement Date)
This Act shall enter into force one year after the date of its promulgation: Provided, That among Acts amended under Article 6 of Addenda, the amendments to Acts which have been promulgated before this Act enters into force, but the enforcement date of which has yet to arrive shall enter into force on the enforcement date of the relevant Act.
Articles 2 through 7 Omitted.
ADDENDA <Act No. 14804, Apr. 18, 2017>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Article 2 Omitted.
ADDENDA <Act No. 15607, Apr. 17, 2018>
Article 1 (Enforcement Date)
This Act shall enter into force one year after the date of its promulgation.
Articles 2 through 7 Omitted.
ADDENDUM <Act No. 15918, Dec. 11, 2018>
This Act shall enter into force on the date of its promulgation.
ADDENDA <Act No. 16902, Jan. 29, 2020>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 20 Omitted.
ADDENDA <Act No. 16904, Jan. 29, 2020>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 7 Omitted.
ADDENDUM <Act No. 17046, Feb. 18, 2020>
This Act shall enter into force on the date of its promulgation.
ADDENDA <Act No. 17171, Mar. 31, 2020>
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.