(1) Any owner or any other interested person who has an objection to a publicly notified assessed value pursuant to Article 99 (1) 1 (c) may file in writing an application for the reassessment of the assessed value and pubic notification thereof with the Commissioner of the National Tax Service within 30 days from the date of public notification of the assessed value.
(2) The Commissioner of the National Tax Service shall notify in writing an applicant of the result of his/her disposition within 30 days from the date when the period of application under paragraph (1) expires. In such cases, when the Commissioner of the National Tax Service deems that the details of an application are appropriate, he/she shall reassess and publicly notify the assessed value pursuant to Article 99 (1) 1 (c).
(3) Where the Commissioner of the National Tax Service has discovered that the assessed value has been assessed and publicly notified incorrectly or any error in writing and other apparent errors prescribed by Presidential Decree have been made, he/she shall promptly reassess and notify it publicly.
(4) Matters necessary for applications for reassessment and public notification and procedures for disposition, etc. shall be prescribed by Presidential Decree.[This Article Wholly Amended by Act No. 9897, Dec. 31, 2009]