Act on Construction of Dams and Assistance, etc. to their Environs. Country/Territory Korea, Republic of Document type Legislation Date 1999 (2013) Source FAO, FAOLEX Subject Water Keyword Waterworks Concession Policy/planning Geographical area Asia, Eastern Asia Entry into force notes This Act shall enter into force six months after the date of its promulgation. The amended provisions of Article 42 shall apply to dams for which a basic plan is formulated and publicly notified on or after 1 January 2009. Abstract The purpose of this Act is to rationally develop and use water resources and promote the development of the national economy by providing for matters regarding the construction and management of dams, the revolving investment in costs for the construction of dams, environmental measures following the construction of dams, and support for residents in the areas adjacent to dams. The Minister of Construction and Transportation shall devise a long term plan for dam construction in order to develop Full text English Website www.klri.re.kr References - Legislation Implemented by Act on Assistance to Electric Power Plants-Neighboring Areas. Legislation | Korea, Republic of | 1989 (2011) Keyword: Energy conservation/energy production, Hydropower generation, Financing, Subsidy/incentive, Institution, Monitoring, Offences/penalties Source: FAO, FAOLEX