AQUACULTURE INDUSTRY DEVELOPMENT ACT

Article 1(Purpose) #

The purpose of this Act is to contribute to the sound development of the aquaculture industry and to the advancement of the national economy by enhancing the productivity of aquaculture business by providing for matters necessary for the promotion, aid, etc. of the aquaculture industry.

Article 2(Definitions) #

The terms used in this Act are defined as follows:

1. The term "aquaculture" means artificially cultivating and harvesting aquatic animals and plants (including the production of fish seeds), and using fishing ships and fishing gears or installing and operating aquaculture facilities therefor;

2. The term "aquaculture business" means the business of cultivating aquatic animals and plants;

3. The term "aquaculture-related business" means the business of manufacturing and producing fish seeds, fish feeds, chemicals, machinery, and tools and of transporting, processing, distributing, selling, etc. of aquaculture products, and any other business prescribed by Presidential Decree;

4. The term "aquaculture industry" means aquaculture business and aquaculture-related business;

5. The term "seawater" means the sea, seashore (referring to the area between the high water mark and the seaward boundary of land enrolled in the cadastral register), and artificially created inland saltwater;

6. The term "offshore sea" means an open sea not enclosed by land, which is prescribed by Presidential Decree;

7. The term "inland water" means the stream or waters in a river, dam, lake, marsh, and reservoir, and artificially created freshwaters and brackish waters (referring to a mix of seawater and freshwater);

8. The term "aquaculture business right" means the right to run an aquaculture business with a license obtained pursuant to Article 10;

9. The term "fish farm" means a specific section of water where aquaculture is performed with a license under Article 10 or permission under Article 43 (1);

10. The term "aquaculture facility" means buildings, facilities, equipment, and the like necessary for aquaculture;