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Law & Regulation

Title
ACT ON THE SPECIAL ACCOUNTS FOR ENERGY AND RESOURCES-RELATED PROJECTS
Hit
1064
Category Energy/Resources SOURCE APEC-VC Korea
Url http://www.apec-vc.or.kr/?p_name=database&sort=program&gotopage=1&query=view&unique_num=M20150805037 contact

CONTENTS

1. Purpose 
* The purpose of this Act is to establish special accounts for projects related to energy and resources and provide for matters regarding the operation of the accounts in order to stabilize the supply and demand of energy and energy prices and to effectively implement projects related to energy and resources 
2. Definitions 
* Projects for the development, production, transportation, storage, supply, and quality control of energy and underground resources (including marine mineral resources; the same shall apply hereinafter) 
* Projects for restructuring industries related to energy and underground resources 
* Projects for saving energy and new and renewable energy 
* Projects for safety control of gas and improvement of distribution structure 
* Research and development related to projects under subparagraphs 1 through 4 and projects incidental to such projects 
3. Operation and Management of Account 
* The Minister of Knowledge Economy shall have the authority to operate and manage the special accounts for projects related to energy and resources (hereinafter referred to as the "Special Accounts") 
4. Revenue and Expenditure of Investment Account 
* The revenue of the investment account shall be as follows 
- Penalty surcharges under Articles 14 and 35 of the Petroleum and Petroleum Substitute Fuel Business Act 

For more information, see the attached file.
file
(eng)_15Data-37_ACT_ON_THE_SPECIAL_ACCOUNTS_FOR_ENERGY_AND_RESOURCES-RELATED_PROJECTS.pdf 
 
update
07-08-2015
No Category Title File Update Hit
27 Energy/Resources ACT ON THE SPECIAL ACCOUNTS FOR ENERGY AND RESOURCES-RELATED PROJECTS 07-08-2015 1065
26 Energy/Resources INTEGRATED ENERGY SUPPLY ACT 07-08-2015 1075
25 Energy/Resources PETROLEUM AND PETROLEUM SUBSTITUTE FUEL BUSINESS ACT 07-08-2015 1087
24 Energy/Resources ENERGY USE RATIONALIZATION ACT 07-08-2015 736
23 Energy/Resources ACT ON NEW AND RENEWABLE ENERGY 07-08-2015 756
22 Energy/Resources ENERGY ACT 07-08-2015 789
21 Energy/Resources Major Contents of Amendment to the Act on the Promotion of Saving and Recycling of Resources 15-12-2013 1205
20 Energy/Resources Tentative Amendment to the Enforcement Rule of Act on the Promotion of Saving and Recycling of Resources 09-12-2013 1290
19 Energy/Resources Insulation standard for new buildings, to be tightened by 10~30% from September, this year 22-03-2013 1987
18 Energy/Resources Guidelines for Implementing the Subsidies for the Natural Gas Vehicle Distribution Project 06-03-2013 1913
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