Regulations for Leasing of National Non-public Use Real Estate Article 8-2

Leasing by tender of non-public land in accordance with Paragraph 1 of Article 8 for afforestation purposes, limited to tenderers meeting specific qualifications, shall not be subject to the provisions of Paragraph 2 of Article 5, as well as Paragraphs 2 and 3 of Article 8, regarding the determination of the royalty base price and the annual rental fee calculation.For non-public land leased through tendering and designated for afforestation as stipulated in the preceding paragraph, the tenant shall not transfer the leasehold rights. If the tenant intends to renew the lease, they shall submit a written application for contract renewal six months before the expiration of the lease term. Upon approval by the leasing authority and full payment of the contracted royalty for renewal, the lease may be renewed up to three times and shall not be subject to the provisions of Article 13.For the renewal mentioned in the preceding paragraph, the commencement date of the renewed lease shall be the day following the expiration of the original lease term. Upon expiration of the original lease term, the tenant shall not be subject to the provisions of Article 14 regarding the obligation to return the leased property and cease its use.The criteria for determining the royalty base price for tendering under Paragraph 1, the annual rental fee calculation, tender qualifications, conditions for the leasing authority's approval of lease renewal under Paragraph 2, and the criteria for calculating the contracted royalty for renewal, shall be prescribed by the Ministry of Finance.