Industrial Innovation Statute Article 55

If the entirety or a part of an industrial park no longer needs to exist due to changes in the overall environment, the central competent authority or the special municipality or county (city) competent authority that originally gave approval for its establishment may revoke the original approval. Such revocation of the original approval shall be publicly announced by the special municipality or county (city) competent authority within 30 days from the date of revocation. If the special municipality or county (city) competent authority does not announce such revocation within the time limit, the central competent authority may make the announcement on its behalf. Where the revocation of the original approval concerns rezoning of land, the approval of the authority in charge of urban planning or regional planning shall be obtained before the public announcement can be made.Where the original approval is revoked by a special municipality or county (city) competent authority in accordance with the preceding paragraph, the competent authority shall submit documents regarding the revocation to the central competent authority for recordation.The regulations governing the criteria for determining whether existence of an industrial park is no longer needed as referred to in Paragraph 1, the procedures for revocation of an establishment approval, and other relevant matters shall be prescribed by the central competent authority.