Urban Renewal Act Article 74

When executing an urban renewal project according to Article 22 or 23, the implementer shall establish the corresponding urban renewal project plan according to the progress specified in the ratified project summary for approval. If the implementer fails to submit the plan for approval before the deadline specified, the approved project summary shall lose its validity. The competent authority of the municipality and County (city) shall notify the land and legal building owners in the renewal unit, holders of other rights, agencies for registration of restriction requests and holders of the right to registration of caution.If the urban renewal project plan cannot be sent for approval within the given time limit mentioned in the preceding paragraph, an extension can be applied by clearly specifying the reason. Each extension period cannot be more than 6 months; and is limited to two extensions only.