Article 18-4 (Designation of Venture Business Development and Promotion Zone, etc.)(1) The Mayor/Do governor may, if necessary for the development of venture businesses, request the Administrator of the Small and Medium Business Administration to designate any certain area in districts under his jurisdiction as a venture business development and promotion zone (hereinafter referred to as the “promotion zone”).
(2) If the Administrator of the Small and Medium Business Administration designates the promotion zone under paragraph (1), he shall officially announce the contents of such designation in accordance with the Presidential Decree.
(3) Necessary matters concerning the requirements and procedures for the designation under paragraph (1) and the support for the promotion zone shall be prescribed by the Presidential Decree.
[This Article Newly Inserted by Act No. 6195, Jan. 21, 2000]
Article 18-5 (Support for Promotion Zone)(1) For the purpose of the development of the promotion zone, the Administrator of the Small and Medium Business Administration may favorably support local governments, which have had the promotion zone designated in their jurisdictional districts, in supporting the raising of funds for the development of local small and medium enterprises under Article 44 (1) of the Balanced Regional Development and Support for Local Small and Medium Enterprises Act.
(2) The State or a local government may preferentially support any venture business, that is located in the promotion zone or moves therein, with funds or other necessary matters.
(3) The State or a local government may provide a person who establishes and manages the facilities for the collective location of venture businesses in the promotion zone and an operator of an establishment assistance center with all or part of funds required by them, or may do so favorably.
(4) The provisions of Article 22 shall apply mutatis mutandis to any venture business and its supporting facilities in the promotion zone.
[This Article Newly Inserted by Act No. 6195, Jan. 21, 2000]
Article 19 (Sale of State or Public Properties)(1) The Government or a local government may, if deemed necessary for the development, establishment and operation of the exclusive complexes for venture businesses and the facilities for the collective location of venture businesses, sell or let by optional contract state or public properties to an operator carrying out a development project for those exclusive complexes or a person who has established or operated those facilities, notwithstanding the provisions of the State Properties Act or the Local Finance Act. <Amended by Act No. 5578, Sep. 23, 1998>
(2) Matters necessary for the price, rent, lease period of state properties, pursuant to the provisions of paragraph (1) above, shall be determined as prescribed by the Presidential Decree.
(3) The Government or local governments may entrust state or public miscellaneous real properties to trust companies pursuant to the provisions of Article 2 of the Trust Business Act, on condition that such properties shall be leased to venture businesses. In such cases, the provisions of Articles 45-2 through 45-4 of the State Properties Act shall apply mutatis mutandis to the entrustment of public real properties.
(4) The Government, local governments, or educational corporations of private educational establishments may lease state or public lands or a part of the land of a university to an operator carrying out development projects of exclusive complexes for venture businesses or a person who has established or operated the facilities for the collective location of venture businesses, and allow him to construct buildings or other permanent installations, notwithstanding the provisions of Article 24 (3) of the State Properties Act, Articles 82 and 83 of the Local Finance Act, the Higher Education Act, and the Private School Act. In such cases, lease conditions shall be defined in consideration of the types and utilities of the installations concerned to the effect that such installations shall be donated to the Government, local governments, or educational corporations of private schools, or that lands or the land of educational establishments shall be returned and reverted to original status at the end of the lease period. <Amended by Act No. 5578, Sep. 23, 1998; Act No. 5607, Dec. 30, 1998>
(5) An operator carrying out a development project for an exclusive complex for venture businesses or a person who has established or operated the facilities for the collective location of venture businesses may allow other persons to use or make profits upon installations built in compliance with the provisions of paragraph (4) above on condition that such installations are used for the same purposes as leased, notwithstanding the provisions of Article 24 (4) of the State Properties Act, Article 84 of the Local Finance Act, the Education Act, and the Private School Act. <Amended by Act No. 5578, Sep. 23, 1998>
(6) Matters necessary for the period of, or conditions, etc. for using or making profits upon installations under the provisions of paragraph (5) above shall be determined as prescribed by the Presidential Decree.
Article 20 (Support of Installation Expenses)
The Government or local governments may support the whole or part of expenses required for the development of exclusive complex for venture businesses or for installations for collective accommodation of venture businesses.
Article 21 (Special Cases on Prohibition, etc. of Construction)(1) With regard to the prohibition or restriction of constructions in exclusive complex for venture businesses, the development plan for industrial complex (referring to plans on the development of industrial complex pursuant to the provisions of Article 6 or 7 of the Industrial Sites and Development Act) and principal plans on the management of industrial complex relating to the exclusive complex for venture businesses (referring to principal plans on the management of industrial complex according to the provisions of Article 33 of the Industrial Placement and Factory Construction Act) shall be applicable, notwithstanding the provisions of Article 45 (1) of the Building Act.
(2) Installations for collective accommodation of venture businesses may be built in all areas other than green belt area, exclusive residential area and ordinary residential area of class I under the Urban Planning Act, notwithstanding the provisions of Article 45 (1) of the Building Act.
(3) Venture businesses and supporting installations thereof falling under the uses and sizes as prescribed by the Presidential Decree may be used for the collective accommodation of venture businesses to the extent that structural safety is not threatened, notwithstanding the provisions of Articles 14 and 45 of the Building Act.
Article 22 (Release, etc. of Various Charges)(1) With regard to the installations for collective accommodation of venture businesses, the charges falling under any of the following subparagraphs shall not be charged: <Amended by Act No. 5578, Sep. 23, 1998; Act No. 5758, Feb. 5, 1999>
1. Development charges under the provisions of Article 5 of the Restitution of Development Gains Act;
2. Charges for alternative use of agricultural lands under the provisions of Article 41 of the Framework Act on Agricultural Industry and Community;
3. Expenses for alternative forestation under the provisions of Article 20-2 of the Forestry Act and charges for uses of forestry for other purposes under the provisions of Article 20-3 of the said Act;
4. Expenses for the creation of farmland under the provisions of Article 40 of the Farmland Act;
5. Expenses for the creation of substitute grassland under the provisions of Article 23 of the Grassland Act; and
6. Charges for the generation of traffic under the provisions of Article 21 of the Urban Traffic Readjustment Promotion Act.
(2) With regard to the owner of an installation or executive performing business in an exclusive complex for venture businesses, the charges for the generation of traffic pursuant to the provisions of Article 21 of the Urban Traffic Readjustment Promotion Act shall not be charged. <Amended by Act No. 5578, Sep. 23, 1998>
(3) A person wishing to construct buildings in an exclusive complex for venture businesses or to construct installations for collective accommodation of venture businesses may not place artistic decoration on the building, notwithstanding the provisions of Article 11 of the Culture and Arts Promotion Act. <Amended by Act No. 5578, Sep. 23, 1998>
CHAPTER Ⅲ THE COMMITTEE ON THE FACILITATION OF VENTURE BUSINESSES
Article 23 (The Committee on Facilitation of Venture Businesses)(1) The Government shall establish a Committee on the Facilitation of Venture Businesses so as to deliberate or decide matters which are important for the growth of venture businesses (hereinafter referred to as the “Committee”).
(2) The Committee shall consist of not more than 30 members, including a chairman and a vice-chairman. <Amended by Act No. 6416, Feb. 3, 2001>
(3) The Minister of Commerce, Industry and Energy shall be the chairman of the Committee; the Administrator of the Small and Medium Business Administration shall be the vice-chairman of the Committee; and the members shall be designated as prescribed by the Presidential Decree. <Amended by Act No. 5529, Feb. 28, 1998>
(4) Other matters necessary for the operation, etc. of the Committee shall be determined as prescribed by the Presidential Decree.
CHAPTER Ⅳ SUPPLEMENTARY PROVISIONS
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