Act for Establishment and Administration of Science Parks Article 11

As an investment application is approved, the applicant shall pay monetary security or government bonds of the same value in accordance with the regulations prescribed by park bureaus for guaranteeing the implementation of the investment. The sanction will be revoked if the applicant does not pay monetary security in accordance with the regulations.The monetary security or government bonds referred to in the preceding paragraph will be refunded without interest upon complete implementation of the investment plan. In case of an investment plan that is permitted to carry out in stages, the refunding portion will be commensurate with the implemented investment amount ratio. In case of an investment that is not carried out in accordance with the investment plan and has been revoked by park bureaus, the park bureaus may not return the monetary security or government bonds and may order the applicant to move out of the park.In the event that any park enterprise does not operate in accordance with its operation plan and has not applied for and secured a permit to postpone or modify its operation plan after carrying out its investment plan, park bureaus may revoke its investment application and order the applicant to move out of the park.Regulations governing implementation, completion, postponement, modification, and cancellation, and like affairs shall be prescribed by the competent authorities.