Enforcement Rules Of The Financial Asset Securitization Act Article 2

"Assets" as referred to in Article 4, Paragraph 1, Subparagraph 2 of the Act shall include the future creditor right that may be claimed against the Obligor in monetary payments, set forth in the contract entered into between the Originator and the Obligor and when the conditions specified in the contract have been met.In the case of a private institution participating in the building and operation of an infrastructure project in accordance with the Act for Promotion of Private Participation in Infrastructure Projects, the securitized monetary rights over income derived from the operation of the infrastructure project during its operation period obtained by the private institution according to the concession agreement is not subject to the requirement of a contract entered into between the Originator and the Obligor specified in the preceding paragraph.