Act for Rebuilding Old Quarters for Military Dependents Article 20

The subsidy to be granted to the resident military householders shall be equivalent to 69.3% of the total price of the land for old military dependents’ villages that are reconstructed in the special municipality and county (county-level city) at the same phase and valued based on the announced current land price, and shall be calculated subject to the number of the households, cost of the reconstruction and the occupied area of the placement residence. Where the subsidy exceeds the total price of the residence, the resident military householder will not need to provide any own payment and the excessive amount shall be allotted to the Reconstruction Foundation, provided that the resident military householders shall be liable for the deficiency at their own cost where the subsidy does not exceed the total price of the residenceThe final accounting of the total price of the residence referred to in the preceding paragraph shall exclude the commodity price adjustment, which shall be borne by the Reconstruction Foundation in full. The deficiency to be borne by the resident military householders at their own cost referred to in the preceding paragraph shall not exceed 20% of the total price of the residence. Where there is still any deficiency, the Reconstruction Foundation shall grant another subsidy.The competent authority shall explain to the resident military householders in writing about the subsidy to be granted to the householders and own payment to be borne by the householders subject to the conditions of each village at the stage of planning.The subsidy to be granted to the resident military householders who apply for increase in the occupied area of their residence at their own cost shall still be calculated based on the original occupied area of the residence. The deficiency between the subsidy and the total price of the residence to be purchased shall be borne by the householders at their own cost.In the event of any fine imposed by the competent authority for default of contract as of building residences until the final accounting after completion as authorized by the competent authority, the reimbursement shall be paid on a pro rata basis.Where the residences completed and settled upon authorization of the competent authority prior to enforcement of the amendments to the Act dated December 13, 2011 included the commodity price adjustment prior to the settlement or was fined by the competent authority for default of contract, the purchasers of the residences and camps who have to bear some deficit shall request the refund on a pro rata basis and at specific amount. The specific amount shall be authorized by the competent authority.