Law and Climate Change Toolkit

Art 1

 Article 1
 (Purpose)
 The purpose of this Act is to promote sustainable development of fisheries and fishing villages and contribute to improving the quality of nationals' lives and economic development by prescribing direction for fisheries and fishing villages and fundamental matters necessary for direction-setting for the State’s policy.

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Art 2

 Article 2
 (Basic Ideology)
 The basic principles of this Act shall be as follows:

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Art 3

 Article 3
 (Definitions)
 The definitions of terms used in this Act shall be as follows:

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Art 4

 Article 4
 (Responsibility of State/Local Government and Fishery Personnel/Consumers, Etc.)
 (1) The State and local governments shall enhance sustainable development and public interests of fisheries and fishing village, stably supply safe marine products and formulate and implement a comprehensive policy in order to foster personnel of fisheries, stabilize income of fishery personnel and residents of a fishing village and improve quality of life.
 (2) Fishery personnel and residents of a fishing village shall, as agents for development of fisheries and fishing villages, stably produce/supply safe and quality marine products and endeavor to contribute to national development through improving productivity and innovating management of fisheries.
 (3) A producers’ association shall endeavor for sustainable development of fisheries and fishing villages and for extension of interest of fishery personnel through stabilizing supply and demand and improving distribution channels of marine products, achieving efficiency in management of fisheries and enhancing public interests of fisheries and fishing villages, etc.
 (4) Consumers shall enhance their understanding of the public functions of fisheries and fishing villages and proactively endeavor for sound consumption of marine products.

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Art 5

 Article 5
 (Fishery Personnel Day)
 (1) April 1st of each year shall be designated as the Fishery Personnel Day to publicly signify the importance of fisheries and fishing villages and to heighten fishery personnel’s pride and self-confidence.
 (2) The State and local governments shall may hold a ceremonial event suitable for the object of the fishery personnel’s day.
 (3) Matters necessary for holding the ceremonial event of the Fishery Personnel Day in accordance with paragraph (2) shall be prescribed by Ordinance of the Ministry of Oceans and Fisheries.

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Art 6

 Article 6
 (Relationship with other Statutes)
 To enact or amend a statute, other than this Act, concerning fisheries/fishing villages, the statute shall be in line with this Act.

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Art 7

 Article 7
 (Formulation of Master Plans, etc. for Development of Fisheries/Fishing Villages)
 (1) The Minister of Oceans and Fisheries shall formulate every five years a master plan for development of fisheries/fishing villages (hereinafter referred to as “Master Plan”) for sustainable development of fisheries and balanced development/preservation of fishing villages.
 (2) The Master Plan shall include each of the following matters: 1. Developmental goals and fundamental policy direction-setting for fisheries/fishing villages; 2. Goals for sustainable use and self-sufficiency of fishery resources; 3. Policies concerning fisheries/fishing villages; 4. Measures to raise funds to promote the policies concerning fisheries/fishing villages; 5. Reorganization/reinforcement and preservation of a production basis of fisheries, taking into account the environment of fishing grounds, areas of sea for fishing ground management, etc.; 6. Other matters necessary to promote comprehensive and planned development of fisheries/fishing villages.
 (3) When the Minister of Oceans and Fisheries establishes a goal for sustainable use and self-sufficiency of fishery resources pursuant to paragraph (2) 3, he/she shall publicly notify the goal and utilize it as a mid-and long-term policy on fisheries/fishing villages.
 (4) Where the Minister of Oceans and Fisheries formulates the Master Plan, he/she shall submit it to the National Assembly.
 (5) A Metropolitan City Mayor, Metropolitan Autonomous City Mayor, Do Governor and the Special Self-Governing Province Governor (hereinafter referred to as "Mayor/Do Governor") shall formulate and implement a fishery/fishing village developmental plan of the Metropolitan City, Metropolitan Autonomous City, Do or the Special Self-Governing Province (hereinafter referred to as "Si/Do Plan"), based upon the Master Plan and the characteristics of their jurisdictional area.
 (6) The heads of Si/Gun and Self-Governing Gu (excluding Self-Governing Gu of Special Si; hereinafter the same shall apply) (hereinafter referred to as “heads of a Si/Gun/ Gu”) shall formulate and implement a fishery/fishing village development plan of Si/Gun and Self-Governing Gu (hereinafter referred to as “Si/Gun/Gu Plan”), based upon the Si/Do Plan and its jurisdictional area’s characteristics.
 (7) Other matters necessary to formulate and implement the Master Plan, Si/Do Plan and Si/Gun/Gu Plan shall be prescribed by Presidential Decree.

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Art 8

 Article 8
 (Fisheries/Fishing Village Policy Review Committee)
 (1) A central fisheries/fishing village policy review committee (hereinafter referred to as “Central Review Committee”) shall be established within the Ministry of Oceans and Fisheries, and a Si/Do fisheries/fishing village policy review committee (hereinafter referred to as “Si/Do Review Committee”) shall be established within the Metropolitan City, Metropolitan Autonomous City, Do and Special Self-Governing Province, and a Si/Gun/Gu fisheries/fishing village policy review committee (hereinafter referred to as “Si/Gun/Gu Review Committee”) shall be established within Si/Gun and Self-Governing Gu.
 (2) The Central Review Committee, Si/Do Review Committee and Si/Gun/Gu Review Committee shall review each of the following matters: 1. Matters concerning formulation and alteration of the Master Plan, Si/Do Plan, Si/Gun/Gu Plan; 2. The annual report on fisheries/fishing villages prescribed in Article 10; 3. Matters concerning important policies, etc. on fisheries.
 (3) Matters necessary for establishment/operation, etc. of the Central Review Committee, Si/Do Review Committee and Si/Gun/Gu Review Committee shall be prescribed by Presidential Decree.

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Art 9

 Article 9
 (Promotion of Master Plans, Etc.)
 (1) For efficient promotion of the Master Plan, Si/Do Plan and Si/Gun/Gu Plan, the State and local governments shall endeavor to preferentially reflect in each year’s budget the project costs to be incurred in implementing the Master Plan, Si/Do Plan, Si/Gun/Gu Plan.
 (2) With respect to the Si/Do Plan and Si/Gun/Gu Plan, the Minister of Oceans and Fisheries may evaluate the relevancy between the plans and the Master Plan and the performance and results, etc. of implementation of the plans, and allocate particular budget funds, depending on results of the aforementioned evaluations.

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Art 10

 Article 10
 (Annual Reports on Fisheries/Fishing Village)
 (1) The Government shall prepare its annual report on the status and policy trends, etc. of fisheries/fishing villages and submit it to the National Assembly.
 (2) Mayor/Do Governor and the head of a Si/Gun/Gu shall prepare an annual report on status and policy trends, etc. of fisheries/fishing villages within their jurisdiction and submit it to the relevant local council.
 (3) The annual report prescribed in paragraphs (1) and (2) shall include evaluation on fisheries/fishing villages, etc. and a supplemental plan prepared in accordance with the evaluation.

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Art 11

 Article 11
 (Reorganization of Relevant Administrative Organizations)
 The State and local governments shall endeavor to improve and reorganize the administrative bodies necessary for efficiently promoting the policies on fisheries/fishing villages.

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Art 12

 Article 12
 (Management of Safety of Marine Products at its Production Phase)
 The State and local governments shall, for safe and sound production of marine products, formulate and implement the policies, such as those necessary for tracking production history of marine products, certifying quality control of marine products and conducting focused control of harmful elements of marine products.

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Art 13

 Article 13
 (Quality Control, Etc. of Marine Products)
 (1) The State and local governments shall formulate and implement policies, such as those concerning management skills, indication of origin and quality control of marine products, after production of the marine products, in order to upgrade quality of marine products and protect consumers.
 (2) The State and local governments shall formulate and implement policies necessary for preventing disease and insect pest of marine animals and plants and taking measures for hygiene of marine products.
 (3) To protect health of the public and environment of fisheries, the Government shall formulate and implement the policies necessary for quarantine, etc. of the marine products and animals and plants to be imported and/or exported.

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Art 14

 Article 14
 (Stable Supply of Marine Products)
 (1) For stabilized supply and pricing of marine products, the Government shall formulate and implement the policies necessary to reserve marine products or procure them from abroad.
 (2) For smooth supply and stabilized pricing of marine products, the State and local governments may formulate and implement the policies necessary for observation of fisheries, adjustment of production, reservation of purchase and raising self-help funds by the producer’s association.
 (3) The State and local governments may provide support necessary for those such as a fishery enterprise, a producer’s association and a person engaging in management of marine products distribution to efficiently implement the policies prescribed in paragraph (2).

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Art 15

 Article 15
 (Stabilization of Management of Fishery Households and Fostering the Personnel Engaging in Fisheries)
 (1) To maintain a local community and stabilize fishing villages, the State and local governments shall formulate and implement the policies necessary for improvement of productivity and stabilized management of family labor-focused fishery households, and for expansion, specialization and cooperation, etc. of fishing villages, taking their characteristics into account.
 (2) The State and local governments shall establish and implement the policies necessary to secure appropriate number of the personnel engaging in fisheries and bring them up to be professionals.

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Art 16

 Article 16
 (Fostering of Future Fishery Managers)
 To continuously secure future personnel engaging in fisheries, the Minister of Oceans and Fisheries shall formulate and implement the policies necessary to foster and support future fishery managers.

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Art 17

 Article 17
 (Fostering of Full-Time Fishery Personnel)
 (1) The State and local governments shall formulate and implement the policies necessary to foster fulltime fishery personnel who can assume pivotal and leading roles in development of fisheries using their professional fishery skills and ability as a manager.
 (2) Mayor/Do Governor and the head of a Si/Gun/Gu may select the full-time fishery personnel prescribed in paragraph (1) and provide them with necessary support, as prescribed by Ordinance of the Ministry of Oceans and Fisheries.

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Art 18

 Article 18
 (Fostering of Female Fishery Personnel)
 (1) Upon formulating and implementing any policies on fisheries, the State and local governments shall expand participation of female fishery personnel and formulate and implement policies necessary for improving status of female fishery personnel and professionalizing them.
 (2) The government shall formulate and implement the policies necessary for female fishery personnel to participate in management, etc. of fisheries or receive credit for their socio-economic status equivalent to the degree of their contribution thereto.

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Provisions on public participation in the decision-making process on fisheries sector management
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Art 19

 Article 19
 (Fostering of Fisheries-Related Corporation and Association Corporation)
 To improve productivity of fisheries and for efficiency in shipping, distributing, processing, selling, exporting, etc. marine products, the State and local governments shall formulate and implement the policies necessary to foster fishery partnerships and fishing village corporations, etc. which cooperatively or enterprisingly conduct management of fisheries.

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Art 20

 Article 20
 (Fostering of Venture Fisheries, Etc.)
 (1) The State and local governments shall, in order to raise added value of fisheries, develop state-of-theart scientific technologies and fishery management skills in the field of fisheries and formulate and implement the policies necessary for supporting/fostering venture fisheries and marine-related corporations, etc.
 (2) Scope of the venture fisheries and marine-related corporations prescribed in paragraph (1) and other detailed matters necessary for supporting and fostering them shall be prescribed by Presidential Decree.

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Art 21

 Article 21
 (Fostering of Persons Who Become Fishery Business Personnel)
 The State and local governments shall, for successful settlement and creation of business foundation of those persons who have become fishery business personnel (referring to the residents living in the areas, other than a fishing village who have relocated to a fishing village to become a fishery business personnel), formulate and implement the policies necessary for education, provision of information, assistance in establishing business, etc. for the aforementioned persons.

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Art 22

 Article 22
 (Fostering of Fisheries-Related Organizations)
 (1) The State and local governments may, in order to protect interests of fishery personnel and consumers and promote their economic activities, support establishment and operation of any associations related to fisheries.
 (2) Where the associations prescribed in paragraph (1) intend to establish/operate a social consultative body to realize their common goals or establish/operate a facility necessary for educational training, management guidance, consultation, etc. for members of the associations and fishery personnel, etc., the State and local governments may subsidize the associations for the cost necessary therefor.
 (3) Matters necessary for the provision of support prescribed in paragraphs (1) and (2) shall be prescribed by Presidential Decree.

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Art 23

 Article 23
 (Reorganization of Production Basis of Fisheries)
 In order to promote development of environment-friendly fisheries and secure stabilized production capacity in fisheries, the State and local governments shall formulate and implement the policies necessary for reorganization, reinforcement, preservation of the production basis of fisheries.

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Art 24

 Article 24
 (Fostering the Industry of Fishery Apparatus and Materials, etc. and Promoting Mechanization and Facility Modernization)
 To minimize the cost incurred in managing fisheries and improving the productivity of fisheries, the State and local governments shall formulate and implement the policies necessary for fostering the industry of fishery apparatus and materials, etc. and promoting mechanization and facility modernization, etc.

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Art 25

 Article 25
 (Promotion of Environment-Friendly Fisheries, Etc.)
 In order to enhance preservation of environment of fisheries and fishing villages and promote production and consumption of safe marine products, the State and local governments shall formulate and implement the policies necessary to establish a production basis of environment-friendly fisheries, etc., develop production technologies/ production methods and fishing skills/ fishing gears/ cultivating skills, certification of environment-friendly marine products, etc. and utilize, etc. by-products of fish and shellfish.

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Art 26

 Article 26
 (Support of Management Stabilization and Structural Improvement, etc. of Fishery Enterprises)
 (1) For a fishery enterprise to increase its income through continuous management innovation, the State and local governments shall formulate and implement the policies necessary to consult on management of fisheries, educational training and to provide information, etc.
 (2) The State and local governments may provide a fishery enterprise with financial support, based upon its business plan, technology level and management capability, etc.
 (3) The State and local governments may provide a fishery enterprise with each of the following support, if the support is deemed necessary for stabilizing income/management of the fishery enterprise or improvement, etc. of management structure of fisheries: 1. Support for preservation of fishing villages and other environments or for reduction of greenhouse gases; 2. Support for recovery from man-made disasters, etc. caused by a disaster or an activity associated with fisheries; 3. Support for expanding, etc. management of fisheries; 4. Support for areas with underdeveloped fisheries; 5. Support for the income support which is not directly related to production in fisheries and for the cost reduction of fishery apparatus and materials; 6. Income support for each fishery household, which is not directly related to a particular item or fishery resource.
 (4) The State and local governments may support any fishery personnel falling under the requirements as prescribed by Presidential Decree, among the fishery personnel intending to transfer into another industry or be re-employed (referring to returning back to fisheries: Provided, That this shall not apply to any person who has received the support on expanding, etc. management of fisheries pursuant to paragraph (3) 3; the same shall apply hereinafter) so that their industry transfer or re-employment is securely achieved.
 (5) Supporting industry transfer or re-employment as prescribed in paragraph (4) shall be as follows: 1. Providing a job training and referral of employment; 2. Providing incentives to encourage industry transfer or re-employment; 3. Supporting unemployed fishery personnel in their stabilization of living; 4. Other matters prescribed by Presidential Decree.
 (6) Matters necessary for industry transfer or re-employment prescribed in paragraphs (4) and (5) shall be prescribed by Ordinance of the Ministry of Oceans and Fisheries.

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Art 27

 Article 27
 (Registration of Managerial Information on Fishery Enterprises)
 With respect to a fishery enterprise which has received or intends to receive financing/subsidy, etc. related to fisheries/fishing villages, the Government shall make the information on fishery management concerning fishing ships/ fishing gear/fishing grounds/fishing farms and other methods of production, produced marine products, methods of production, fishing methods/gear in use, expansion of catching/collecting/farming, etc. and shall formulate and implement the policies necessary for utilizing the aforementioned information.

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Art 28

 Article 28
 (Prevention, Restoration, Etc. of Fisheries Industrial Disaster)
 The State and local governments shall formulate and implement the policies necessary to prevent disasters, take emergency measures, restore and operate, etc. fishery disaster insurance, in order to promote stabilized management of fisheries, apart from various disasters.

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Art 29

 Article 29
 (Improvement of Distribution Channels of Marine Products)
 (1) The State and local governments shall formulate and implement the policies necessary for expansion, in the areas of marine products production and consumption, of a wholesale market and other various distribution facilities, fishing port/fishery catch transportation facilities and for improvement of operation of the aforementioned facilities.
 (2) The State and local governments shall formulate and implement the policies necessary to promote standardization of marine products, and to collect and provide, etc. various information on distribution of marine products.
 (3) The State and local governments shall formulate and implement the policies necessary to create brand power which systematically performs production, distribution, sale, etc. of marine products to be jointly or federally conducted by fishery enterprises, producer’s associations, fishing village promotion agencies and the schools, etc. prescribed in Article 2 of the Higher Education Act.

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Art 30

 Article 30
 (Promotion of Fishery-Related Research and Technology Development)
 (1) The State and local governments shall promote a project necessary to encourage development of the research and technology related to fisheries.
 (2) The State and local governments may fully or partially subsidize or lend the costs incurred in implementing the project prescribed in paragraph (1).

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Art 31

 Article 31
 (Protection of Intellectual Property, Etc.)
 (1) The Government shall formulate and implement the policies necessary to protect the intellectual property related to fisheries and fishing villages.
 (2) The State and local governments shall formulate and implement the policies necessary to protect and foster fisheries, rural industries related to fishing villages, specialized industries in fishing villages, etc.

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Art 32

 Article 32
 (Statistical Survey of Fisheries and Fishing Villages and Establishment of Database)
 (1) The Minister of Oceans and Fisheries may conduct a statistical survey necessary for development of fisheries and fishing villages.
 (2) The Minister of Oceans and Fisheries shall establish a fishery database and maintain/manage it after entering in the database, the results of the statistical survey prescribed in paragraph (1) and the results of surveying the operation status, the total fish catches and the status, etc. of distributed fishery resources for each sea and business type in the coastal and inshore fishery business, aquaculture industry, deep-sea fishery.
 (3) The Minister of Oceans and Fisheries may entrust to a professional agency such affairs as the statistical survey conducted under paragraph (1) and the establishment of fishery database pursuant to paragraph (2).
 (4) Matters necessary for the entrustment prescribed in paragraph (3) shall be prescribed by Ordinance of the Ministry of Oceans and Fisheries.

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Art 33

 Article 33
 (Designation/Operation, etc. of Exclusive Institutions)
 (1) The Minister of Oceans and Fisheries may designate and operate an agency which exclusively performs the affairs required for promotion and development of fisheries (hereinafter referred to as “exclusive agency”).
 (2) The Minister of Oceans and Fisheries may provide the exclusive agency with its cost incurred in performing its affairs, within budgetary limits,
 (3) Matters necessary for designation and operation, etc. of the exclusive agency shall be prescribed by Presidential Decree.

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Art 34

 Article 34
 (Continuous Use and Preservation of Fishery Resources/Fishing Ground)
 (1) For fishery resources/fishing ground to be continuously used for balanced development of fisheries and the national economy, the State and local governments shall formulate and implement policies necessary to encourage use of fishery resources/fishing villages.
 (2) For fishery resources/fishing ground to be maintained at an appropriate scale, the State and local governments shall formulate and implement the policies necessary to preserve fishery resources/fishing grounds.

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Art 35

 Article 35
 (Preservation of Natural Environment and Landscape of Fishing Villages)
 The State and local governments shall formulate and implement the policies necessary to preserve/maintain, etc. the natural environment and landscape of fishing villages, coastal areas and the marine ecological system.

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Art 36

 Article 36
 (Succession, Etc. to Traditional Fishing Culture)
 The State and local governments shall formulate and implement the policies necessary for maintaining/succeeding to traditional fishing cultures, fishing antiquities, traditional fishing methods, native marine biological resources and fishing village communities and for exhibiting, educating, advertising and designating/managing, etc. of heritage of fisheries that are related to the aforementioned efforts of maintaining and succeeding.

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Art 37

 Article 37
 (Research/Advertisement, etc. of Public Functions of Fisheries/Fishing Villages)
 The State and local governments shall formulate and implement the policies necessary for the research, survey, education and advertisement, etc. required for maximum enhancement of public functions of fisheries/fishing villages and utilization thereof by general public.

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Art 38

 Article 38
 (Improvement of Fishing Village’s Quality of Life)
 (1) The State and local governments shall formulate and implement the policies which include each of the following matters, in order to improve the quality of life of residents in fishing villages: 1. Increasing residents’ income of fishing villages which is necessary for the balanced development between urban and fishing villages, such as narrowing the income gap between urban and fishing villages; 2. Improving, etc. such factors as residential environment, production and sale of the principal products of the areas poor in fishery production conditions due to geographic limitations; 3. Expanding fishing village students’ opportunity to learn, exemption or reduction of educational spendings of fishing village residents, and improvement of educational environment in fishing villages, etc.; 4. Fishing villages’ improvement of residential environment, expansion of medical services, enhancement of civilized living, income stabilization, settlement of multi-cultural families and enhancement of senior fishery personnel’s fishery management activities and welfare, etc.
 (2) Where the policies are formulated pursuant to paragraph (1), the State and local governments shall preferentially consider the public functions of fisheries/fishing villages and the deteriorated areas poor in fishery production and living conditions, etc. and shall endeavor to harmonize the efforts for development and preservation.

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Art 39

 Article 39
 (Promotion and Development of Industries of Fishing Villages)
 (1) In order to increase the income of fishing village residents and vitalize production of fisheries, the State and local governments shall formulate and implement the policies necessary for establishing a fishing village industrial complex, fostering a local specialty production complex and fostering, etc. fishery-related industries, such as marine-products processing industry, traditional game industry and marine leisure industry.
 (2) For sustainable development of fishing villages and increase of fishing village residents’ income, the State and local governments shall formulate and implement the policies necessary for education, training and consulting, etc. of the residents, public officers in local governments and community development specialists, etc. who participate in local development.

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Art 40

 Article 40
 (Promotion, Etc. of Exchanges Between Cities and Fishing Villages)
 (1) For balanced development between cities and fishing villages and increasing fishing village residents’ income and enhancing their quality of life through improving fishing villages’ social/economical vitality and satisfying urban residents’ need for experiencing and recreational demand for lives in a fishing village, the State and local governments shall formulate and implement the policies necessary to vitalize mutual exchange between cities and fishing villages, such programs as a fishing-village tour which features distinct local characteristics, a fishing-village experience program and a program for developing fishery-related natural learning and resort resources, etc.
 (2) The State and local governments may provide support necessary for establishing/operating community cultural facilities, etc. and holding local cultural events, etc. to implement the policies prescribed in paragraph (1),

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Art 41

 Article 41
 (Promoting Informatization of Fisheries and Fishing Villages)
 (1) The State and local governments shall formulate and implement the policies necessary for development/operation, etc. of information communication devices and programs to promote informatization of fisheries and fishing villages.
 (2) The State and local governments may provide the support necessary for those persons, etc. who provide the information relevant to fisheries and fishing villages, as prescribed by Presidential Decree, to effectively promote the policies prescribed in paragraph (1).

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Art 42

 Article 42
 (Examination/Research of Production, Etc, of Fisheries of North Korea)
 (1) The Government shall conduct the research/study concerning the production system, fishery business system, distribution system of marine products, production basis, scientific technology, consultation on management, education for fishery personnel and statistics, etc. of North Korean fisheries, to prepare for unification of South and North Koreas.
 (2) The Government shall formulate and implement the policies necessary for co-operative development of fisheries/fishing villages of South and North Koreas.

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Art 43

 Article 43
 (Trade Policy, Etc of Fisheries/Fishing Villages)
 (1) The Government shall formulate and implement a comprehensive trade policy concerning fisheries/fishing villages in order to secure rights and interests of the people; and shall formulate and implement supplemental measures where the public functions of fisheries/fishing villages are weakened following changes in major trade circumstances.
 (2) Where the Government formulates and implements a trade policy or formulates supplemental measures in the area of fisheries pursuant to paragraph (1), the Government shall cause professionals in private sector or relevant institutions, etc. to participate therein and the opinions of fishery personnel and other interested persons to be heard.
 (3) Where development of domestic fisheries/fishing villages, etc. is deemed to be substantially affected by increasing importation of foreign marine products, the Government shall formulate necessary countermeasures, such as the restrictions on importation pursuant to the Foreign Trade Act and other relevant statutes.

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Art 44

 Article 44
 (International Corporation in the Area of Fisheries/Fishing Villages)
 (1) In order to promote international cooperation in the areas of fisheries and fishing villages, the Government shall formulate and implement the policies necessary for exchanging information and fisheries personnel/technologies and participating in the international activities concerning fisheries, etc.
 (2) The Government shall formulate and implement the policies necessary for expanding the basis required to stably secure marine resources and overseas fishing grounds and to provide developing countries with personal/ material/ technical support.
 (3) The Government shall promote the policies necessary for supporting fishery enterprises’ overseas investment, etc. and research/study on overseas investment in the areas of fisheries and related industries and for securing foreign fishing grounds.

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Art 45

 Article 45
 (Promoting Exportation of Marine Products)
 (1) The State and local governments shall formulate and implement the policies necessary for developing overseas markets and collecting/providing, etc. trade information, to promote exportation of marine products,
 (2) In order to effectively implement the policies prescribed in paragraph (1), the State and local governments may provide necessary support to fishery enterprises, producer’s associations and marine-product exporters, etc.

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Art 46

 Article 46
 (Establishment of Fund)
 In order to raise funds necessary for supporting management of fisheries, improving marine products distribution system, stabilizing price and fostering competitive fisheries, the Government shall establish a fishery development fund (hereinafter referred to as “Fund”).

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Art 47

 Article 47
 (Fund-Raising)
 (1) The Fund shall be created from the following financial resources: 1. Government contribution; 2. Amount of money transferred from other accounts or funds and deposit received; 3. Contribution or donation from those persons, other than the Government; 4. Deposit received from the public capital management fund prescribed in the Public Capital Management Fund Act; 5. Proceeds from sale of the fishing ships, fishing gear, equipment and facilities of a fishing ship prescribed in Articles 13 (1) 1 and 17 (1) 1 of the Act on the Restructuring of and Support for Coastal and Inshore Fisheries. Where the purchaser of the aforementioned sale is the Mayor/Do Governor, however, the sale price shall be prescribed by Presidential Decree within the scope not exceeding 70/100; 6. Proceeds from sale of the land of the State fishing ports, among the proceeds from sale of lands pursuant to Article 27 (1) of the Fishing Villages and Fishery Harbors Act; 7. Alloted marine environment improvement charges and additional charges pursuant to Articles 19 and 20 of the Marine Environment Management Act; 8. Occupation and usage fees for collecting soil, stone, sand, gravel, etc. at the exclusive economic zone prescribed in Article 2 of the Exclusive Economic Zone Act or extracting minerals pursuant to the Mining Industry Act, among the occupation and usage fees under the jurisdiction of the Minister of Oceans and Fisheries pursuant to Article 13 (2) of the Public Waters Management and Reclamation Act; 9. Cooperative charges for preservation of the marine ecosystem and additional charges pursuant to Articles 49 and 51 of the Conservation and Management of Marine Ecosystems Act; 10. Payment for public sale or income gains directly charged by or the payment of which is ordered by the Minister of Oceans and Fisheries pursuant to Article 22 (1) of the Special Act on Assistance to Farmers, Fishers, etc. Following the Conclusion of Free Trade Agreements; 11. Alloted charges for the use of deep sea water pursuant to Article 40 of the Development and Management of Deep Sea Water Act; 12. Debt or loan pursuant to paragraph (2); 13. Profits, etc. from management of the Fund; 14. Amount paid pursuant to Article 40 (3) of the Fishery Products Distribution Management and Support Act; 15. Amount paid pursuant to Article 41 (5) of the Fishery Products Distribution Management and Support Act; 16. Amount paid pursuant to Article 45 (2) of the Fishery Products Distribution Management and Support Act.
 (2) The Government may grant a loan to the Fund from the money borrowed from domestic market or abroad.

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Art 48

 Article 48
 (Management/Administration of Fund)
 (1) The Fund shall be managed/administered by the Minister of Oceans and Fisheries.
 (2) The Minister of Oceans and Fisheries may entrust all or part of the affairs concerning management/administration of the Fund to the National Federation of Fisheries Cooperatives established pursuant to the Fisheries Cooperatives Act, as prescribed by Presidential Decree.
 (3) The Minister of Oceans and Fisheries shall conduct accounting of the Fund in accordance with the enterprise accounting principles.
 (4) The Minister of Oceans and Fisheries may conduct an accounting after establishing a separate account, if necessary for efficient management/administration of the Fund, as prescribed by Presidential Decree.
 (5) Matters necessary for management/administration, etc. of the Fund shall be prescribed by Presidential Decree.

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Art 49

 Article 49
 (Usage of Fund)
 (1) Where necessary for implementing each of the following projects, the Fund may support them by granting a loan and other methods: 1. Improving the structure of an inshore fishery business, a coastal fishery business and a fishery business within a demarcated zone; 2. Fostering a cultivation business; 3. Providing loan necessary for management of fisheries; 4. Improving the distribution structure of marine products, such as producers' consignment sale business; 5. Stabilizing the price of marine products through the control, etc. of their production and shipment pursuant to Articles 4, 8, 10 through 12 of the Act on Distribution and Price Stabilization of Agricultural and Fishery Products and Articles 38 through 43 of the Fishery Products Distribution Management and Support Act; 6. Storing and managing marine products; 7. Improving the marine environment to protect marine resources; 8. Providing support for the quality control of deep sea water, the development of the deep sea water industry, and the research and development of deep sea water and other marine resources; 9. Developing new fishing grounds; 10. Fostering the fishery products processing industry; 11. Providing support for fishers, etc. pursuant to Articles 4 through 9 of the Special Act on Assistance to Farmers, Fishermen, etc. Following the Conclusion of Free Trade Agreements; 12. Conducting business activities necessary to conserve and manage marine ecosystems prescribed in the Conservation and Management of Marine Ecosystems Act; 13. Incurring expenses in levying and collecting the payment for public sale or the revenue gains prescribed in Article 47 (1) 10; 14. Conducting business activities necessary to promote the welfare of the crew members of fishing vessels and develop fisheries, as determined by the Minister for Oceans and Fisheries; 15. Business of vitalizing direct dealing of marine products pursuant to Article 47 (2) of the Fishery Products Distribution Management and Support Act.
 (2) The Fund may be used to subsidize expenses incurred in installing, acquiring and operating facilities necessary to perform the affairs relating to the distribution and price stabilization of marine products, including a producers' consignment sale business, as well as to serve such purposes prescribed by Presidential Decree.
 (3) Subsidies may be paid from the Fund if necessary to perform the business activities described in each subparagraph of paragraph (1), and the application procedures and payment methods and other necessary matters shall be prescribed by Presidential Decree.
 (4) With respect to the provision of support referred to in paragraph (1) 11, Articles 5 through 12, 16 and 17 of the Special Act on Assistance to Farmers, Fishermen, etc. Following the Conclusion of Free Trade Agreements shall apply mutatis mutandis.

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Art 50

 Article 50
 (Organizations for Accounting of Fund)
 (1) The Minister for Oceans and Fisheries shall appoint a Fund revenue collection officer, a Fund financial officer, a Fund disbursement officer and a Fund accounting official from among public officials under his/her jurisdiction to take charge of the affairs of revenue and expenditure of the Fund.
 (2) The Minister for Oceans and Fisheries shall, upon fully or partially entrusting the affairs of operation and management of the Fund pursuant to Article 48 (2), appoint a director taking charge of the Fund revenue and a director taking charge of the activities incurring expenditure of the Fund from among the directors of the National Federation of Fisheries Cooperatives so entrusted, and a Fund disbursing employee and a Fund accounting employee from among the employees thereof, respectively.
 (3) The Minister for Oceans and Fisheries shall notify the Board of Audit and Inspection, the Minister of Strategy and Finance and the Governor of the Bank of Korea of such appointment, upon appointment of a Fund revenue collection officer, a Fund financial officer, a Fund disbursing officer, a Fund accounting official, a director taking charge of the Fund revenue, a director taking charge of the causative acts of the Fund expenditure, a Fund disbursing employee and a Fund accounting employee pursuant to paragraphs (1) and (2).

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Art 51

 Article 51
 (Support/Administration of Fisheries Policy Funds)
 (1) The Government shall formulate and implement the policies necessary for operation/support of fisheries policy funds, such as its provision of loans/subsidies to fishery personnel, etc. to enhance competitiveness of fisheries.
 (2) The Minister of Oceans and Fisheries shall formulate a policy to efficiently promote operation/management and supervision, etc. of fisheries policy funds and implement projects necessary therefor.
 (3) The Minister of Oceans and Fisheries may entrust operation/management and supervision of fisheries policy funds and other affairs as prescribed by Presidential Decree to the persons prescribed by Presidential Decree, to efficiently implement the projects prescribed in paragraph (2),
 (4) Where the Minister of Oceans and Fisheries entrusts affairs in accordance with paragraph (3), he/she may provide necessary support to the trustee.

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