Enforcement Rules of Act for Promotion of Private Participation in Infrastructure Projects Article 56

In the case where the private institution does not use the loan wherein the interest is subsidized by the authority in charge in compliance with the preceding Article, the authority in charge shall cease to subsidize the part of loan interest in violation of such Article and shall demand that the private institution repay the subsidized interest paid by the authority in charge calculated from the date of non-compliance with the use of the loan, and pay the penalty.The repayment method for the subsidized interest paid and the amount of penalty shall be specified in the concession agreement.