Act for Promotion of Private Participation in Infrastructure Projects Article 5

The term "competent authority" as referred to herein shall mean the Ministry of Finance.The term "authority-in-charge" as used herein shall mean any authority in charge of the matters relating to private participation in infrastructure projects, and shall refer to the central authorities in charge of the relevant industries, the municipal governments at the municipal level, or the county (city) governments at the county (city) level. An authority-in-charge may authorize any of its subordinate agencies (institutions) to execute matters to be handled by the authority under this Act.An authority-in-charge may, with the approval of its superior authority, delegate matters to be handled by it under this Act to any other government agency for execution.Where an authority-in-charge delegates matters to another government agency in accordance with the preceding paragraph, the authority shall publicly announce the matters delegated and the preceding paragraph, which is the legal basis of the delegation, and publish the same in the government gazette or newspapers or post the same on the Internet.