Enforcement Decree of the Korea Water Resources Corporation Act.

The purpose of this Decree is to prescribe matters delegated by the Korea Water Resources Corporation Act, and those necessary for the enforcement thereof. Article 2 establishes that the investment value of rights to use dams, rights to manage waterworks, rights to manage terminal sewage treatment plants the State or local governments invest in the Korea Water Resources Corporation pursuant to article 4 (7) of the Korea Water Resources Corporation Act or multi-purpose dam facilities or installations the State invests in the Corporation. The text – consisting of 39 articles – provides, inter alia, for the following: registration of establishment of Branch Offices; registration of relocation; applicant for registration; competent registry offices; education and training plans; technical support; authorization for completion; method of issuing bonds; total issuance value of bonds; Provisions concerning charges; entrustment of collection; state subsidies.