The purpose of this Decree is to prescribe the matters delegated by the Urban Development Act and other matters necessary for the enforcement thereof. The text – consisting of 87 articles – deals, inter alia, with the following matters: Areas to be Designated as Urban Development Zones (art. 2); Requests for Designation of Urban Development Zones (art. 5); Phased Development Planning (art. 6); Matters to be Included in Development Plans (art. 8); Public Hearings (art. 13); Announcement, Public Inspection. of Designation of Urban Development Zones and Formulation of Development Plans (art. 15); Proposals for Designation of Urban Development Zones (art. 23); Board of Representatives (art. 36); (Issuance of Land Redemption Bonds (art. 45); Advance Payments (art. 55).
Implements: Urban Development Act. (2015-01-06)
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An independent kingdom for much of its long history, Korea was occupied by Japan beginning in 1905 following the Russo-Japanese War. In 1910, Tokyo formally annexed the entire Peninsula. Korea regained its independence following Japan's surrender to the US in 1945. After World War II, a democratic-based government (Republic of Korea, ROK) was set up in the southern half of the Korean Peninsula while a communist-style government was installed in the north (Democratic People's Republic of Korea, DPRK).
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