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Chapter Law Content

Chapter 3 Management
Section 3 Maintenance
Article 22
National property managed by administration authority should be prevented from possible disasters in advance except to do proper maintenance constantly; and shall be insured according to property nature, value and budget. Moreover, national property shall be rebuilt or scrapped according to the procedure if it was damaged due to disasters.
Article 23
National property managed by administration authority shall have its property cadaster set up, those belonging to personal property shall make category, number and paste metal fag or brand; those belonging to building of real estate shall nail a sign.
Article 24
Securities shall be classified, numbered, recorded in detail and entrusted national treasury or its agent to manage.
Securities of consignment management of the foregoing paragraph, administration authority shall receive payment while the principal paid or securities chosen by lot or an interest coupon expired or interest on shares issued.
The administrator of administration authority, damaging property interest with intent or negligence due to exceeding a time limit to receive payment, shall take responsibility according to Article 27 of this Act.
Article 25
The term “disposal” mentioned in Article 28 of this Act indicates sale, exchange, donation or encumbrance on other rights; the term “revenue” indicates leasing or utilization.
The term “not contrary to its enterprise aim” mentioned in proviso of Article 28 of this Act indicates competent authority or administration authority which can offer managing property to others to use according to its organic law or regulations in charge; the term “not contrary to its primary use” indicates administration authority which uses its property according to plan and specified use, moreover, others can use its property at the same time.
Administrator concerned violates the specification of Article 28 and Article 29 of this Act, the competent authority or administration authority shall seek out the responsibility and charge for losses; if administrator involved in criminal responsibility shall be delivered to the court.