Regulations for the Management of Tourist Amusement Enterprise Article 24

In the event that the tourist amusement facilities operated by a tourist amusement enterprise are auctioned off by a court or taken over by a debtor in accordance with the law, the purchaser or receiver of the ownership, when applying for continued operation of the tourist amusement enterprise, shall produce the certificate for real estate ownership transfer and document proof for the ownership with which the purchaser or receiver shall follow the related procedures for establishing a tourist amusement enterprise to file application with the administrative authority for approval of such establishment and issuance of license. When a third party gains the ownership of the tourist amusement enterprise from the above purchaser or receiver, or is commissioned to operate the enterprise by the above purchaser or receiver, that third party shall follow the same procedures.In an application as described in the previous Paragraph, in case the tourist amusement facilities is not subject to change of use, the review procedure shall apply the laws and regulations pertaining to the original application for the establishment. In the event in which the tourist amusement facilities is subject to change of use, the effective laws and regulations at the time of the application shall apply.