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Enforcement Rules of the Act on Acquisition of and Compensation for Land for Public Works Projects.

Country/Territory
Korea, Republic of
Document type
Regulation
Date
2013 (2007)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Land valuation Expropriation Tax/levy Offences/penalties
Geographical area
Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific
Abstract

The purpose of these Rules is to prescribe matters delegated by the Act on Acquisition of and Compensation for Land for Public Works Projects and the Enforcement Decree of the same Act, and matters necessary for the enforcement thereof. Article 8 deals with form of application for approval of a project and lists matters to be stated in a plan of operation, as follows: 1) An outline of a project and the legal basis thereof; 2) The scheduled date of commencement and completion of a project; 3) Expenses incurred and a report on financial resources; 4) The details of land and goods required for a project; 5) The necessity of a project and the effect thereof. The text consists of 69 articles.

Full text
English
Website
www.klri.re.kr

References - Legislation

Implements

Act on Acquisition of and Compensation for Land for Public Works Projects.

Legislation | Korea, Republic of | 2002 (2016)

Keyword: Land valuation, Expropriation, Tax/levy, Offences/penalties

Source: FAO, FAOLEX

Enforcement Decree of the Act on Acquisition of and Compensation for Land for Public Works Projects.

Legislation | Korea, Republic of | 2002 (2016)

Keyword: Land valuation, Liability/compensation, Court/tribunal, Enforcement/compliance

Source: FAO, FAOLEX