CHAPTER I GENERAL PROVISIONS
Article 1(Purpose) #
The purpose of this Act is to promote the efficient and sustainable use of marine fishery bio-resources; to strengthen sovereignty over marine fishery bio-resources; to ensure competitiveness of marine fishery biotechnology; and to contribute to the development of the national economy, by prescribing matters necessary to secure, manage, and use marine fishery bio-resources comprehensively and systematically.
Article 2(Definitions) #
The terms used in this Act are defined as follows: <Amended on Mar. 21, 2017>
1. The term "marine fishery bio-resource" means any of the following resources, among resources with a real or potential value for research on biotechnology or industries:
a. Real marine living creatures, such as marine fauna and flora and marine microorganisms, and information on the useful information, etc. identified by using such real creatures;
b. Marine genetic resources;
c. Real living creatures, such as fishery resources defined in Article 2(1)1 of the Fishery Resources Management Act and microorganisms related to fishery resources, and details of the useful information, etc. identified by using such real creatures;
2. The term "marine fishery genetic bio-resources" means genetic materials with a real or potential value, such as marine fauna and flora, marine microorganisms, and other source materials, which contain functional units of heredity;
3. The term "genetic materials" means flora, fauna, microorganisms, and other source materials, which contain functional units of heredity;
4. The term "traditional knowledge on marine fisheries" means knowledge, information, technology, practice, etc., based on which individuals or regional communities have maintained traditional lifestyles related to marine fishery bio-resources;
5. The term "jurisdictional waters" means any of the following:
a. Territorial sea or internal waters defined in Article 1 or 3 of the Territorial Sea and Contiguous Zone Act;
b. Exclusive economic zone defined in Article 2 of the Act on the Exclusive Economic Zone and Continental Shelf;