Article 1(Purpose) #
The purpose of these Regulations is to set forth the matters delegated by the Gaeseong Industrial Complex Support Act and its Enforcement Decree and the other matters necessary for the enforcement of such delegated matters.
Article 2(Notice of Personal Safety Information) #
① The Minister of Unification shall, without delay, notify the personal safety information to Local Enterprises of the GIC and their Workers from the South Korea by utilizing any and all available means of communication including, not limited to, wire telephone, etc., in accordance with Article 15-3, Paragraph 1 of the Gaeseong Industrial Complex Support Act (the “Act”).
② The Minister of Unification may give a notice prescribed in Paragraph 1 above through the relevant central government agencies, local autonomous organizations, relevant governmental institutions and organizations and domestic parent companies (which refer to those Korean parent companies which made investments in the GIC after obtaining an approval for or reporting on cooperative projects prescribed in the Inter-Korean Exchange and Cooperation Act).
③ The Minister of Unification may determine such matters as the detailed methods and procedures for the notification prescribed in Paragraph 2 above by way of consultation with the relevant central government agencies, etc.
Article 3(Report, Etc. of Personal Safety Information) #
① With respect to the notice of personal safety information prescribed in Article 15-3, Paragraph 1 of the Act, upon occurrence of any of the following events, the Minister of Unification may have the GIC Support Foundation specified in Article 19 of the Act (the “Foundation”) report, without delay, such events to him/her:
1.Where a crime was committed, by or against, the South Korean;
2.Where an accident or incident occurred or is highly likely to occur and such accident or incident would make it impossible to guarantee the personal safety of the South Koreans.
② In the event that a crime was committed by the South Korean as specified in Subparagraph 1 of Paragraph 1 above, the Foundation shall, without delay, file a criminal complaint/accusation or report such crime to the competent judicial authority.
Article 4(Gratuitous Transfer or Lease of State-Owned Property) #
① In the event that the chief of a central government agency specified in Article 6 of the National Finance Act (the “Chief of Central Government Agency”) gratuitously transfers the state- owned property to the Foundation in accordance with Article 19, Paragraph 4 of the Act and Article 26 of the Enforcement Decree of the GIC Support Act (the “Enforcement Decree”), the Chief of Central Government Agency shall prepare the state-owned property transfer agreement in the form attached hereto as Attached Form No. 1.
② In the event that the Chief of Central Government Agency gratuitously rents the state-owned property to the Foundation in accordance with Article 19, Paragraph 4 of the Act and Article 26 of the Enforcement Decree, the Chief of Central Government Agency shall prepare the state-owned property lease agreement in the form attached hereto as Attached Form No. 2.
③ In the event that a state-owned property, which is to be gratuitously transferred or leased in accordance with Paragraphs 1 and 2 above, is located within the GIC, the lease agreement or transfer agreement with respect to the state-owned property must be prepared and executed before the title to such state-owned property is registered in the name of the Foundation in accordance with the Act and the Real Estate Regulations for GIC of the North Korea.