The purpose of this Act is to ensure the stability of electricity supply and demand and to contribute to the development of the national economy by effectively propelling the electric power resource development business. Article 4 establishes the Executive Committee for Electric Power Resource Development Business in the Ministry of Trade, Industry and Energy in order to deliberate upon important matters concerning electric power resource development business. The text – consisting of 17 articles – provides, amongst other things, for the expropriation of land; purchase request for land; preferential construction of public facilities; subsidization of Funds.
Republic of Korea · 2003-12-30