(1) The provisions regarding leases under the Civil Act shall apply mutatis mutandis to a bareboat charter unless contrary to its nature.
(2) Even if a charterer has the right to purchase or take over a ship after the expiration of the charter period, and the charterer has concluded a bareboat charter agreement with a shipowner as a creditor for the purpose of financial security, the parties shall have the rights and obligations under the provisions of this Section during the charter period.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]