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ACT ON THE PROMOTION AND SOPHISTICATION OF PPURI INDUSTRIES

Act No. 10960, Jul. 25, 2011

Amended by Act No. 11690, Mar. 23, 2013

Act No. 11713, Mar. 23, 2013

Act No. 12291, Jan. 21, 2014

Act No. 12844, Nov. 19, 2014

Act No. 14122, Mar. 29, 2016

Act No. 14183, May 29, 2016

Act No. 14839, Jul. 26, 2017

Act No. 15084, Nov. 28, 2017

CHAPTER I GENERAL PROVISIONS
 Article 1 (Purpose)
The purpose of this Act is to prescribe matters necessary for the promotion and sophistication of ppuri industries to lay the groundwork for the development of, and to improve the competitiveness of, the ppuri industries, thereby contributing to the sustainable development of national economy and the improvement of citizen's quality of life.
 Article 2 (Definitions)
The definitions of terms used in this Act shall be as follows: <Amended by Act No. 12291, Jan. 21, 2014>
1. The term "ppuri technology" means processing technologies prescribed by Presidential Decree that are used across the manufacturing industry, such as technologies for casting, molds, metal forming, welding, surface treatment and heat treatment;
2. The term "ppuri industry" means the types of business, prescribed by Presidential Decree, engaged in business through use of ppuri technology or manufacturing equipment used for ppuri technology;
3. The term "ppuri enterprise" means an enterprise that is engaged in the ppuri industry and that meets any of the following requirements:
(a) Any small or medium enterprise under Article 2 of the Framework Act on Small and Medium Enterprises;
4. The term "specialized ppuri technology enterprise" means any enterprise that holds a core ppuri technology under Article 14 (1) and is designated pursuant to Article 15 (1);
5. Deleted; <by Act No. 12291, Jan. 21, 2014>
6. The term "large enterprise" means any enterprise that is not a small or medium enterprise under Article 2 of the Framework Act on Small and Medium Enterprises nor a medium enterprise under subparagraph 1 of Article 2 of the Special Act on the Promotion of Growth and the Strengthening of Competitiveness of Middle-Standing Enterprises.
 Article 3 (Responsibilities of State and Local Governments)
(1) The State shall establish and implement a comprehensive policy necessary to promote ppuri industries and establish measures to secure necessary financial resources.
(2) Local governments may establish necessary policies to promote ppuri industries, taking into consideration the State's policies and their regional characteristics.
 Article 4 (Relationship to Other Acts)
Except as otherwise specifically provided for in other Acts, ppuri industries shall be governed by this Act.
CHAPTER II ESTABLISHMENT OF MASTER PLANS FOR PROMOTION OF PPURI INDUSTRIES
 Article 5 (Establishment of Master Plans for Promotion of Ppuri Industries)
(1) The Government shall, every three years, establish and implement a master plan to promote ppuri industries (hereinafter referred to as "master plan").
(2) A master plan shall be formulated by the Minister of Trade, Industry and Energy by integrating the sector plans of related central administrative agencies and shall be finalized after deliberation by the Ppuri Industry Development Committee under Article 7. The same shall also apply to modification of any important matters of the master plan prescribed by Presidential Decree. <Amended by Act No. 11690, Mar. 23, 2013>
(3) A master plan shall include the following matters:
1. Matters relating to basic direction-setting for policies to promote ppuri industries;
2. Matters relating to sector-specific policies to promote ppuri industries;
3. Matters relating to the promotion of the sophistication, automation and conversion into environment-friendly industries of ppuri industries;
4. Matters relating to the training and supply of human resources for ppuri industries;
5. Matters relating to the acceleration of the establishment and growth of ppuri enterprises;
6. Matters relating to the promotion of the development, dissemination, proliferation, and utilization of ppuri technologies;
7. Matters relating to shared growth between ppuri enterprises and large enterprises;
8. Matters relating to assisting ppuri industries in their international cooperation and advance into overseas markets;
9. Matters relating to prevention of leakage and protection of core ppuri technologies under Article 14 (1);
10. Other necessary matters to promote ppuri industries.
(4) The Minister of Trade, Industry and Energy shall submit matters concerning the development of ppuri technologies in a master plan for deliberation, to the National Science and Technology Council under Article 9 of the Framework Act on Science and Technology, prior to the confirmation of such matters. <Amended by Act Nos. 11690 & 11713, Mar. 23, 2013>
(5) If necessary to establish a master plan and sector plans, the Minister of Trade, Industry and Energy and the heads of relevant central administrative agencies may request local governments, related educational and research institutions and other legal entities or organizations participating in national research and development projects to submit necessary materials. <Amended by Act No. 11690, Mar. 23, 2013>
 Article 6 (Establishment, Implementation, etc. of Annual Implementation Plans)
(1) The heads of relevant central administrative agencies shall establish and implement annual implementation plans (hereinafter referred to as "implementation plans") according to a master plan. In such cases, the implementation plans shall reflect the results of deliberation by the Ppuri Industry Development Committee.
(2) Where implementation plans are established under paragraph (1), the heads of relevant central administrative agencies shall submit to the Ppuri Industry Development Committee such implementation plans along with the outcomes of implementation from the previous year's implementation plans.
(3) Necessary matters regarding the establishment, implementation, submission, etc. of implementation plans, other than those provided for in paragraphs (1) and (2), shall be prescribed by Presidential Decree.
 Article 7 (Ppuri Industry Development Committee)
(1) The Ppuri Industry Development Committee (hereinafter referred to as the "Committee") shall be established in the Ministry of Trade, Industry and Energy to deliberate on the following matters regarding the development of ppuri industries: <Amended by Act No. 11690, Mar. 23, 2013>
1. Matters relating to the establishment and implementation of master plans;
2. Matters relating to the implementation plans and the outcomes of implementation of the previous year's implementation plans submitted by the heads of relevant central administrative agencies pursuant to Article 6 (2);
3. Matters relating to the introduction and modification of a system for the development of ppuri industries;
4. Business consultation among the relevant administrative agencies regarding policies for the development of ppuri industries;
5. Other matters relating to the development of ppuri industries, as deemed necessary by the chairperson.
(2) The Committee shall be comprised of not more than 25 members, including one chairperson. <Amended by Act No. 12291, Jan. 21, 2014>
(3) The Minister of Trade, Industry and Energy shall become the chairperson of the Committee, and the following persons shall become its members: <Amended by Act No. 11690, Mar. 23, 2013; Act No. 12291, Jan. 21, 2014; Act No. 12844, Nov. 19, 2014; Act No. 14839, Jul. 26, 2017>
1. The Vice Minister of Strategy and Finance, the Vice Minister of Education, the Vice Minister of Science and ICT, the Vice Minister of Environment, the Vice Minister of Employment and Labor, the Vice Minister of SMEs and Startups, and other Vice Ministers or equivalent public officials of the central administrative agencies prescribed by Presidential Decree;
2. Persons commissioned by the Minister of Trade, Industry and Energy among the officers and employees of ppuri industry-related trade associations, persons who have much knowledge and experience in ppuri industries, and other persons prescribed by Presidential Decree.
(4) The Committee shall have an executive secretary, who shall be nominated by the Minister of Trade, Industry and Energy from among the public officials who belong to the Senior Civil Service Corps of the Ministry of Trade, Industry and Energy. <Amended by Act No. 11690, Mar. 23, 2013>
(5) Necessary matters regarding the operation, etc. of the Committee shall be prescribed by Presidential Decree.
 Article 8 (Compilation of Statistics Related to Ppuri Industries)
(1) The Minister of Trade, Industry and Energy may survey, prepare, analyze and manage statistical data regarding domestic and foreign ppuri industries in order to effectively establish and implement policies to support the promotion of ppuri industries. <Amended by Act No. 11690, Mar. 23, 2013>
(2) To survey, prepare, analyze and manage the statistical data under paragraph (1), the Minister of Trade, Industry and Energy may request the heads of related public institutions and the persons engaged in the business related to ppuri industries to provide necessary materials and information. <Amended by Act No. 11690, Mar. 23, 2013>
(3) The Minister of Trade, Industry and Energy may designate and require a specialized institution, as prescribed by Ordinance of the Ministry of Trade, Industry and Energy, to perform all or part of the affairs relating to the survey, preparation, analysis and management of the statistical data under paragraph (1). <Amended by Act No. 11690, Mar. 23, 2013>
CHAPTER III TRAINING OF HUMAN RESOURCES FOR PPURI INDUSTRIES
 Article 9 (Securing Human Resources for Ppuri Industries)
(1) The Government shall actively endeavor to secure young workers and other human resources for ppuri industries so as to solve manpower problems in ppuri industries.
(2) The Government may carry out projects falling under any of the following to secure excellent human resources for ppuri industries:
1. Matters relating to vocational training and the development and improvement of workplace skills;
2. Matters relating to employment stability, such as facilitation of the influx of new recruits;
3. Matters relating to the utilization of skills and knowledge held by retired workers and other skilled human resources related to ppuri technologies, establishment of related databases, and succession to such technologies;
4. Matters relating to the promotion of welfare including the improvement of workplace environment and treatment of workers;
5. Other matters prescribed by Presidential Decree to secure human resources for ppuri industries.
 Article 10 (Designation of Institutions to Foster Professional Manpower for Ppuri Industries)
(1) To ensure the stable supply of human resources needed for ppuri industries, the Minister of Trade, Industry and Energy may designate any of the following institutions as an institution to foster professional manpower for ppuri industries: <Amended by Act No. 11690, Mar. 23, 2013; Act No. 15084, Nov. 28, 2017>
2. Universities and colleges, industrial colleges, junior colleges, and technical colleges under the Higher Education Act, and polytechnic colleges under the Act on the Development of Workplace Skills of Workers;
3. The Korea Advanced Institute of Science and Technology under the Korea Advanced Institute of Science and Technology Act, the Gwangju Institute of Science and Technology under the Gwangju Institute of Science and Technology Act, the Daegu Gyeongbuk Institute of Science and Technology under the Daegu Gyeongbuk Institute of Science and Technology Act, and the Ulsan National Institute of Science and Technology under the Ulsan National Institute of Science and Technology Act;
5. Other educational and training institutions in the fields of ppuri industries, as prescribed by Presidential Decree.
(2) Any institution approved by the Minister of Employment and Labor among those designated pursuant to paragraph (1) shall be deemed to be a workplace skill development training establishment under the Act on the Development of Vocational Skills of Workers.
(3) The Government may subsidize the institutions designated pursuant to paragraph (1) for expenses incurred in performing their projects to foster professional manpower for ppuri industries.
(4) Where any project to foster professional manpower for ppuri industries implemented by an institution approved under paragraph (2) is recognized pursuant to Article 19 (1) or 24 (1) of the Act on the Development of Vocational Skills of Workers as a training course conducted according to the training standards under Article 38 of the same Act, such institution may be afforded preferential treatment in the subsidization, etc. of training expenses.
(5) Necessary matters regarding the requirements, procedures, etc. for designation under paragraph (1) shall be prescribed by Presidential Decree.
 Article 11 (Preferential Assignment of Expert Research Personnel, Industrial Technical Personnel, and Foreign Workers)
(1) The Government may assign expert research personnel and industrial technical personnel under Article 37 and 38 (1) of the Military Service Act, with priority, to ppuri enterprises in the transfer of such personnel.
(2) The Government may assign foreign workers under Article 4 (2) 2 of the Act on the Employment, etc. of Foreign Workers, with priority, to ppuri enterprises in determining the size of introduction of foreign workers.
 Article 12 (Selection and Preferential Treatment of Workers in Long-Term Service and Excellent Craftsmen in Ppuri Industries)
(1) The Government may select workers in long-term service and excellent craftsmen in ppuri industries who are working for ppuri enterprises and afford them preferential treatment in overseas training, the grant of lump-sum stipends or scholarships, or the lending of funds to cover school expenses (including their children's school expenses): Provided, That the same shall not apply where stipends, subsidies, loans, etc. are granted pursuant to the Act on Encouragement of Skilled Crafts or other statutes.
(2) Matters regarding the requirements and examination procedures for the selection of workers in long-term service and excellent craftsmen, the details of preferential treatment, etc. under paragraph (1) shall be prescribed by Presidential Decree.
 Article 13 (Investigation into Actual Conditions of Human Resources in Ppuri Industries)
(1) The Minister of Trade, Industry and Energy shall, every three years, investigate the actual conditions of human resources in ppuri industries. <Amended by Act No. 11690, Mar. 23, 2013>
(2) Investigation into the actual conditions under paragraph (1) shall include the following:
1. Matters relating to the actual conditions and characteristics of human resources in ppuri industries by regions and by types of business and occupation;
2. Matters relating to the structure of human resources in ppuri industries and changes in demand for such human resources;
3. Matters relating to education and training for ppuri industries and the management of human resources in ppuri industries;
4. Matters relating to wages and other labor conditions in ppuri industries;
5. Other matters necessary to ascertain the actual conditions of human resources in ppuri industries, such as the present state of employment of women, foreigners or non-regular employees.
(3) If deemed necessary to investigate the actual conditions under paragraph (1), the Minister of Trade, Industry and Energy may request the heads of relevant central administrative agencies, the heads of local governments, and the heads of relevant institutions to submit materials relating to ppuri industries or provide cooperation in the performance of the investigation affairs. In such cases, the heads of the central administrative agencies, etc. so requested shall comply with it unless there is a compelling reason not to do so. <Amended by Act No. 11690, Mar. 23, 2013>
CHAPTER IV DESIGNATION, ETC. OF CORE PPURI TECHNOLOGIES AND SPECIALIZED PPURI TECHNOLOGY ENTERPRISES
 Article 14 (Designation of Core Ppuri Technologies and Support for Research and Development)
(1) To accelerate the development and dissemination of ppuri technologies, the Minister of Trade, Industry and Energy may designate important national ppuri technologies as core ppuri technologies and provide support for the research and development of such technologies, technical assistance, the dissemination of research results, etc. <Amended by Act No. 11690, Mar. 23, 2013>
(2) The Government may provide financial support to institutions or organizations that conduct research and development of core ppuri technologies under paragraph (1).
(3) Detailed matters regarding requirements and procedures for the designation of core ppuri technologies, support for research and development, etc. under paragraph (1) shall be prescribed by Presidential Decree.
 Article 15 (Designation of and Support for Specialized Ppuri Technology Enterprises)
(1) To promote the development of ppuri technologies and related industries, the Minister of Trade, Industry and Energy may designate as specialized ppuri technology enterprises, and provide support to, enterprises with core ppuri technologies designated pursuant to Article 14 (1) meeting each of the following requirements: <Amended by Act No. 11690, Mar. 23, 2013>
1. An enterprise whose turnover of business using ppuri technologies in its total turnover meets the standards prescribed by Presidential Decree;
2. An enterprise that does not belong to an enterprise group subject to limitations on mutual investment under Article 14 (1) of the Monopoly Regulation and Fair Trade Act;
3. Other enterprises that meet the requirements prescribed by Presidential Decree in terms of their technical standards, management capability, etc.
(2) The Minister of Trade, Industry and Energy may grant contributions or subsidies to cover expenses incurred by the institutions or organizations that implement the support projects under paragraph (1). <Amended by Act No. 11690, Mar. 23, 2013>
(3) The Government may afford preferential treatment to specialized ppuri technology enterprises in selecting designated military service enterprises described under Article 36 (1) of the Military Service Act, for which expert research personnel will serve. <Amended by Act No. 14183, May 29, 2016>
(4) Detailed matters regarding the procedures for designation of specialized ppuri technology enterprises, the details of support, etc. under paragraph (1) shall be prescribed by Presidential Decree. <Amended by Act No. 12291, Jan. 21, 2014>
 Article 16 (Selection of and Support for Distinguished Ppuri Enterprises)
(1) The Minister of Trade, Industry and Energy may select distinguished ppuri enterprises, from among enterprises that satisfy all of the following requirements, in accordance with the criteria prescribe by Presidential Decree, including the level of sophistication of technologies and the management situations, and reward and support them to ensure succession to and development of ppuri technologies: <Amended by Act No. 12291, Jan. 21, 2014>
1. The enterprise shall be a ppuri enterprise that has transferred its ownership or right of management to relatives through inheritance or donation;
2. The enterprise shall be a ppuri enterprise that maintains the identity prescribed by Presidential Decree, including the type of business and employment, when the enterprise transfers its ownership or right of management under subparagraph 1.
(2) Detailed matters regarding the procedures for selection of the distinguished ppuri enterprises under paragraph (1) (hereinafter referred to as “distinguished ppuri enterprise”), the details of support, etc. shall be prescribed by Presidential Decree. <Amended by Act No. 12291, Jan. 21, 2014>
 Article 17 (Prohibition of Use of Similar Names)
A person who is neither a specialized ppuri technology enterprise nor a distinguished ppuri enterprise under Article 15 or 16 shall be prohibited from using the name "specialized ppuri technology enterprise" or "distinguished ppuri enterprise" or any other similar name.
 Article 18 (Promotion of Sophistication, Automation, etc. of Ppuri Enterprises)
The Minister of Trade, Industry and Energy may provide ppuri enterprises with financial support to promote their sophistication, automation, and conversion into environment-friendly enterprises. <Amended by Act No. 11690, Mar. 23, 2013>
 Article 19 (Support for Establishment of Ppuri Enterprises)
The Vice Minister of SMEs and Startups may provide support, with priority, to any of the following persons by providing funds, information, etc. when he/she seeks to establish a ppuri enterprise using any core ppuri technology designated pursuant to Article 14 (1) in a field relevant to the relevant occupational category: <Amended by Act No. 14839, Jul. 26, 2017>
1. A person who has served in the fields of ppuri industries for not less than ten years;
2. A person who has served in the fields of ppuri industries for not less than five years after having acquired technical qualifications under Article 10 of the National Technical Qualifications Act or after having graduated from a high school tailored to industrial demand or a specialized high school in the field of ppuri industries;
3. A person who has served in the field of ppuri industries for not less than three years and who is a prize winner at any National Skills Competition or the World Skills Competition under subparagraph 3 of Article 2 of Act on the Encouragement of Skilled Crafts;
CHAPTER V LAYING GROUNDWORK, ETC. FOR PPURI INDUSTRIES
 Article 20 (Designation and Development of Specialized Complexes for Ppuri Industries)
(1) If necessary to promote ppuri industries, the Government may designate or develop as a specialized complex for ppuri industries (hereinafter referred to as "specialized complex") an area where ppuri enterprises and their supporting facilities, etc. are, or are to be, collectively located.
(2) Necessary matters regarding the designation, development, etc. of the specialized complexes, including requirements for such designation, shall be prescribed by Presidential Decree.
 Article 21 (Support for Specialized Complexes)
(1) The Minister of Trade, Industry and Energy may carry out the following projects in the specialized complexes and provide budgetary support necessary for such projects: <Amended by Act No. 11690, Mar. 23, 2013>
1. Establishment and operation of industrial infrastructure and other infrastructure for joint research and development to promote the development of ppuri industry clusters;
2. Other projects necessary to develop areas in which specialized complexes are located.
(2) Detailed matters necessary to support specialized complexes, other than those provided for in paragraph (1), shall be determined and publicly notified by the Minister of Trade, Industry and Energy. <Amended by Act No. 11690, Mar. 23, 2013>
 Article 22 (Designation of Ppuri Industry Promotion Center)
(1) For efficient implementation of research and development, support projects, etc. needed for the development of ppuri industries, the Minister of Trade, Industry and Energy may designate an institution falling under any of the following as a National Ppuri Industry Promotion Center (hereinafter referred to as the "Promotion Center"): <Amended by Act No. 11690, Mar. 23, 2013; Act No. 12291, Jan. 21, 2014>
2. Any other institution that satisfies the requirements for professional manpower, facilities, etc. as prescribed by Presidential Decree.
(2) The Promotion Center shall perform the following duties: <Amended by Act No. 11690, Mar. 23, 2013>
1. Survey and analysis of ppuri industry markets and ppuri technologies, and the use of information gathered;
2. Support for research and development projects under the jurisdiction of the Ministry of Trade, Industry and Energy to promote ppuri industries;
3. Support for the establishment and management of ppuri industry-related enterprises and the collection and management of relevant information;
4. Support for the strengthening of corporate competitiveness and the creation of new industrial models using ppuri industries;
5. Environmental improvement of ppuri industry-related facilities, and the securement, training, etc. of relevant human resources;
6. Duties entrusted by the Government to promote ppuri industries;
7. Other duties prescribed by Presidential Decree as necessary to promote ppuri industries.
(3) The Minister of Trade, Industry and Energy may, within budgetary limits, subsidize the Promotion Center for all or some of the expenses incurred in relation to the duties prescribed in the subparagraphs of paragraph (2). <Amended by Act No. 11690, Mar. 23, 2013>
(4) Standards and procedures for designation of the Promotion Center, the period of designation and the management thereof, and other necessary matters shall be prescribed by Presidential Decree.
 Article 23 (Revocation of Designation as Institutions to Foster Professional Manpower for Ppuri Industries, etc.)
(1) The Minister of Trade, Industry and Energy may revoke the designation or selection of any institution to foster professional manpower for ppuri industries under Article 10 (1), any specialized ppuri technology enterprise under Article 15 (1), any distinguished ppuri enterprise under Article 16, or the Promotion Center under Article 22 (1), if it falls under any of the following: <Amended by Act No. 11690, Mar. 23, 2013>
1. Where it is designated or selected as an institution to foster professional manpower for ppuri industries, a specialized ppuri technology enterprise, a distinguished ppuri enterprise, or the Promotion Center by fraud or improper means;
2. Where it uses the funds provided for in this Act for any other purpose or in an improper manner;
3. Where it violates or fails to meet the requirements for designation or selection as institutions to foster professional manpower for ppuri industries, specialized ppuri technology enterprises, distinguished ppuri enterprises, or the Promotion Center.
(2) The Minister of Trade, Industry and Energy shall hold a hearing where he/she intends to revoke any designation or selection pursuant to paragraph (1). <Amended by Act No. 11690, Mar. 23, 2013>
(3) Detailed standards for the revocation of designation or selection pursuant to paragraph (1) shall be prescribed by Presidential Decree.
 Article 24 (Promoting Social Understanding of Ppuri Industries)
The Minister of Trade, Industry and Energy may perform projects necessary to promote social understanding of the importance of ppuri industries, such as discovering and publicizing successful cases of ppuri industries and conducting field programs for students, etc. <Amended by Act No. 11690, Mar. 23, 2013>
 Article 25 (Strengthening, etc. of Shared Growth of Ppuri Industries)
(1) The Government shall actively endeavor to strengthen shared growth of ppuri industries, such as the expansion of mutual technological cooperation between ppuri enterprises and large enterprises and prohibition of unfair recruitment practices.
(2) The Government may provide support, with priority, to the ppuri enterprises located in local areas to ensure balanced regional development and development of ppuri industries.
 Article 26 (Promotion of International Cooperation)
(1) The Minister of Trade, Industry and Energy shall identify global trends and promote international cooperation in ppuri technologies and ppuri industries. <Amended by Act No. 11690, Mar. 23, 2013>
(2) The Minister of Trade, Industry and Energy may provide support for projects, such as international exchange of ppuri technologies and professional manpower, and international joint research and development projects, to promote international cooperation in the field of ppuri industries. <Amended by Act No. 11690, Mar. 23, 2013>
(3) The Minister of Trade, Industry and Energy may provide support for international cooperation in the private sectors regarding ppuri technologies and ppuri industries. <Amended by Act No. 11690, Mar. 23, 2013>
 Article 27 (Financial and Tax Assistance, etc.)
(1) The State or local governments may provide administrative and financial support, etc. necessary to enhance the competitiveness of ppuri industries and ppuri enterprises.
(2) The Credit Guarantee Fund established under the Credit Guarantee Fund Act and the Korea Technology Finance Corporation established under the Korea Technology Finance Corporation Act may provide credit guarantees, with priority, or on more favorable terms and conditions, etc., to ppuri enterprises. <Amended by Act No. 14122, Mar. 29, 2016>
(3) The State or local governments may grant reduction of or exemption from income tax, corporate tax, acquisition tax, property tax, registration and license tax, inheritance tax, etc., as prescribed by the Restriction of Special Taxation Act and the Restriction of Special Local Taxation Act, to support ppuri enterprises, specialized ppuri technology enterprises and distinguished ppuri enterprises.
 Article 28 (Delegation and Entrustment of Authority)
(1) Part of the authority of the Minister of Trade, Industry and Energy under this Act may be delegated to the head of any affiliated institution or to a Special Metropolitan City Mayor, Metropolitan City Mayor, Do Governor or the Governor of a Special Self-Governing Province, as prescribed by Presidential Decree. <Amended by Act No. 11690, Mar. 23, 2013>
(2) Part of the authority of the Minister of Trade, Industry and Energy under this Act may be partially entrusted, as prescribed by Presidential Decree, to the head of any other administrative agency or to any small and medium enterprises-related institution or organization determined by Presidential Decree. <Amended by Act No. 11690, Mar. 23, 2013>
CHAPTER VI PENALTY PROVISIONS
 Article 29 (Administrative Fines)
(1) Any person who falls under any of the following shall be subject to an administrative fine not exceeding five million won:
1. A person who fails to submit materials required under Article 5 (5), 8 (2) or 13 (3) or submits any false materials;
2. A person who uses the name "specialized ppuri technology enterprise" or "distinguished ppuri enterprise" or any other similar name in violation of Article 17.
(2) The administrative fines under paragraph (1) shall be imposed and collected by the Minister of Trade, Industry and Energy as prescribed by Presidential Decree. <Amended by Act No. 11690, Mar. 23, 2013>
ADDENDUM
This Act shall enter into force six months after the date of its promulgation.
ADDENDA <Act No. 11690, Mar. 23, 2013>
Article 1 (Enforcement Date)
(1) This Act shall enter into force on the date of its promulgation.
(2) Omitted.
Articles 2 through 7 Omitted.
ADDENDA <Act No. 11713, Mar. 23, 2013>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation.
Articles 2 through 6 Omitted.
ADDENDA <Act No. 12291, Jan. 21, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Article 2 (Transitional Measures concerning Distinguished Ppuri Enterprises)
A distinguished ppuri enterprise selected under the previous provisions at the time when this Act enters into force shall be deemed selected under the amended provisions of Article 16.
Article 3 (Transitional Measures concerning the Ppuri Industry Promotion Center)
The Ppuri Industry Promotion Center designated under the previous provisions at the time when this Act enters into force shall be deemed the National Ppuri Industry Promotion Center designated under the amended provisions of Article 22.
ADDENDA <Act No. 12844, Nov. 19, 2014>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That, among the Acts amended by Article 6 of the Addenda, the amended part of an Act which was promulgated before this Act enters into force but the date on which it enters into force has not yet arrived shall enter into force on the enforcement date of the relevant Act, respectively.
Articles 2 through 7 Omitted.
ADDENDA <Act No. 14122, Mar. 29, 2016>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 5 Omitted.
ADDENDA <Act No. 14183, May 29, 2016>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 5 Omitted.
ADDENDA <Act No. 14839, Jul. 26, 2017>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation: Provided, That, among the Acts amended by Article 5 of the Addenda, the amended part of an Act which was promulgated before this Act enters into force but the date on which it enters into force has not yet arrived shall enter into force on the enforcement date of the relevant Act, respectively.
Articles 2 through 6 Omitted.
ADDENDUM <Act No. 15084, Nov. 28, 2017>
This Act shall enter into force on the date of its promulgation.