The purpose of this Decree is to prescribe matters delegated by the Foreigner's Land Acquisition Act and matters necessary for the enforcement thereof. The text consists of 7 articles as follows: Purpose (1) ; International Organizations Subject to Report on Land Acquisition Contracts (art. 2); Report on Land Acquisition (art. 3); Management of Report on Land Acquisition (art. 4); Permission Areas of Land Acquisition (art. 5); Land Acquisition by Means of any Cause other than Contracts (art. 6); Imposition of Fines for Negligence (art. 7).
Implements: Foreigner's Land Acquisition Act. (2013-03-23)
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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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