Law Viewer

Back Home

ACT ON SPECIAL MEASURES FOR THE PROMOTION OF SPECIALIZED ENTERPRISES, ETC. FOR MATERIALS AND COMPONENTS

Act No. 6418, Feb. 3, 2001

Amended by Act No. 6916, May 29, 2003

Act No. 7219, Sep. 23, 2004

Act No. 7280, Dec. 31, 2004

Act No. 7298, Dec. 31, 2004

Act No. 7946, Apr. 28, 2006

Act No. 7949, Apr. 28, 2006

Act No. 8189, Jan. 3, 2007

Act No. 8398, Apr. 27, 2007

Act No. 8635, Aug. 3, 2007

Act No. 8852, Feb. 29, 2008

Act No. 8863, Feb. 29, 2008

Act No. 9226, Dec. 26, 2008

Act No. 9369, Jan. 30, 2009

Act No. 9583, Apr. 1, 2009

Act No. 10228, Apr. 5, 2010

Act No. 10337, May 31, 2010

Act No. 10629, May 19, 2011

Act No. 11020, Aug. 4, 2011

Act No. 11082, Nov. 14, 2011

Act No. 11690, Mar. 23, 2013

Act No. 11713, Mar. 23, 2013

Act No. 12989, Jan. 6, 2015

Act No. 13082, Jan. 28, 2015

Act No. 13453, Jul. 31, 2015

Act No. 14109, Mar. 29, 2016

Act No. 14127, Mar. 29, 2016

Act No. 14839, Jul. 26, 2017

Act No. 15087, Nov. 28, 2017

CHAPTER I GENERAL PROVISIONS
 Article 1 (Purpose)
The purpose of this Act is to establish the foundation for the development of materials and components as well as the industries related to facilities for manufacturing materials and components and to foster enterprises specializing in materials and components, thereby contributing to the balanced development of the national economy. <Amended by Act No. 7280, Dec. 31, 2004; Act No. 13082, Jan. 28, 2015>
 Article 2 (Definitions)
The terms used in this Act shall be defined as follows: <Amended by Act No. 7280, Dec. 31, 2004; Act No. 7946, Apr. 28, 2006; Act No. 8398, Apr. 27, 2007; Act No. 13082, Jan. 28, 2015>
1. The term "materials and components" means raw materials and intermediate products used for manufacturing commodities as specified by Presidential Decree;
1-2. The term "facilities for manufacturing materials and components" means facilities for manufacturing, assembling or processing materials and components as specified by Presidential Decree;
2. The term "enterprise specializing in materials and components" means an enterprise whose main business is to manufacture materials and components or facilities for manufacturing materials and components and which fulfills all the following requirements:
(a) An enterprise whose share of sales of materials and components or facilities for manufacturing materials and components in its total sales satisfies the criteria prescribed by Presidential Decree;
(b) An enterprise not belonging to an enterprise group subject to the limitations on mutual investment under Article 9 (1) of the Monopoly Regulation and Fair Trade Act or an enterprise belonging to an enterprise group subject to the limitations on mutual investment that meets the criteria prescribed by Presidential Decree among enterprise groups subject to the limitations on mutual investment;
3. The term "enterprise specializing in development of technology for materials and components" means an enterprise whose main business is to conduct research on technology for materials and components and to provide technical assistance in producing prototypes and commercialization;
4. The term "reliability" means that the quality or performance of certain materials and components satisfies the standards required to them for a certain duration under certain conditions;
5. Deleted. <by Act No. 13082, Jan. 28, 2015>
CHAPTER II ESTABLISHMENT, ETC. OF BASIC PLAN FOR DEVELOPMENT OF MATERIALS AND COMPONENTS
 Article 3 (Formulation of Basic Plans for Development of Materials and Components)
(1) The Government shall formulate and implement a basic plan for the development of materials and components (hereinafter referred to as "basic plan") to present the direction of the development of the materials and components industry and to establish the foundation for the development of materials and components. <Amended by Act No. 13082, Jan. 28, 2015>
(2) The basic plan shall be formulated by the Minister of Trade, Industry, and Energy by integrating sectional plans of each relevant central administrative agency, which shall be confirmed through deliberation by the Materials and Components Development Committee under Article 35 (hereinafter referred to as the "Materials and Components Development Committee"). <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015 >
(3) A basic plan shall include the following matters: <Amended by Act No. 13082, Jan. 28, 2015>
1. Prospects of the development of materials and components;
2. Trends in global trade and domestic supply and demand for materials and components;
3. Matters concerning the enhancement of technical capabilities, such as securing technology for materials and components;
4. Matters concerning the improvement of reliability;
5. Other matters considered necessary for the enhancement of competitiveness in materials and components.
 Article 4 (Establishment of Implementation Plans)
(1) The head of each relevant central administrative agency shall establish and implement an implementation plan for the development of materials and components within his/her jurisdiction (hereinafter referred to as "implementation plan") each year in accordance with the basic plan. <Amended by Act No. 13082, Jan. 28, 2015>
(2) The head of each relevant central administrative agency shall report the results of the implementation of the implementation plan for the preceding year to the Materials and Components Development Committee and shall submit an implementation plan for the following year for deliberation. <Amended by Act No. 13082, Jan. 28, 2015>
(3) Necessary matters concerning the establishment and implementation of implementation plans shall be prescribed by Presidential Decree.
 Article 5 (Preparation of Statistics concerning Materials and Components)
(1) The Government may prepare and manage statistics concerning materials and components as well as facilities for manufacturing materials and components for the efficient establishment of the basic plan and implementation plans. <Amended by Act No. 7280, Dec. 31, 2004; Act No. 13082, Jan. 28, 2015>
(2) The Statistics Act shall apply mutatis mutandis to the preparation of statistics under paragraph (1). <Amended by Act No. 7946, Apr. 28, 2006>
(3) The scope of the statistics prepared pursuant to paragraph (1), matters subject to survey therefor and other relevant matters shall be prescribed by Presidential Decree.
CHAPTER III FOSTERING, ETC. OF ENTERPRISES SPECIALIZING IN MATERIALS AND COMPONENTS
 Article 5-2 (Verifying Enterprises Specializing in Materials and Components, etc.)
(1) An enterprise which intends to receive support under this Act as an enterprise specializing in materials and components may apply for verification to the Minister of Trade, Industry, and Energy whether it falls under an enterprise specializing in materials and components.
(2) The Minister of Trade, Industry, and Energy shall issue a certificate of an enterprise specializing in materials and components with a fixed term of validity prescribed by Presidential Decree to the enterprise applied for the paragraph (1) when it falls under an enterprise specializing in materials and components.
(3) Matters necessary for the verification procedures for enterprises specializing in materials and components, and investigation or ex post facto management for such verification under paragraphs (1) and (2) shall be prescribed by Presidential Decree.
[This Article Newly Inserted by Act No. 13082, Jan. 28, 2015]
 Article 5-3 (Revocation, etc. of Verification of an Enterprises Specializing in Materials and Components)
(1) The Minister of Trade, Industry, and Energy may choose not to issue the certificate of Article 5-2 or may revoke the certificate already issued if the enterprise falls under any of the following: Provided, That the verification must be revoked in cases falling under subparagraph 1:
1. Where the enterprise has been issued a certificate by fraud or illegal means;
2. Where the enterprise no longer satisfies the requirements for an enterprise specializing in materials and components of subparagraph 2 of Article 2;
3. Where the enterprise is deemed unable to conduct business activities due to bankruptcy, closedown, or suspension.
(2) Where a certificate is intended to be revoked pursuant to paragraph (1), the enterprise shall be informed of such fact in advance and given an opportunity to explain.
(3) Necessary matters for revocation, etc. of verification of an enterprise specializing in materials and components under paragraph (1) shall be prescribed by Presidential Decree.
[This Article Newly Inserted by Act No. 13082, Jan 28, 2015]
 Article 6 (Specialized Materials and Components Investment Association)
(1) If any of the following persons desires to incorporate an association jointly with any person, other than the following persons, for the purposes of making investments in enterprises specializing in materials and components, it shall fully satisfy the requirements for registration prescribed by Presidential Decree with regard to the total amount of contribution, the ratio of equity shares held by general partners, the duration of continuance, etc. and file for registration with the Minister of Trade, Industry, and Energy: <Amended by Act No. 7280, Dec. 31, 2004; Act No. 7946, Apr. 28, 2006; Act No. 8398, Apr. 27, 2007; Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan 28, 2015; Act No. 14127, Mar. 29, 2016>
1. A small and medium business start-up investment company prescribed in subparagraph 4 of Article 2 of the Support for Small and Medium Enterprise Establishment Act;
2. A venture capital business operator pursuant to the Specialized Credit Finance Business Act;
3. The Korea Development Bank prescribed in the Korea Development Bank Act;
4. The Industrial Bank of Korea prescribed in the Industrial Bank of Korea Act;
5. Other institution or enterprise specified by Presidential Decree as engaging in investment business or requiring materials and components.
(2) When a person falling under any subparagraph of paragraph (1) desires to incorporate an association prescribed in paragraph (1), it shall submit a plan for incorporation of the association, stating the following matters, to the Minister of Trade, Industry, and Energy: <Amended by Act No. 7280, Dec. 31, 2004; Act No. 8852, Feb. 29, 2008; Act No 11690, Mar. 23, 2013>
1. An overview of business;
2. A plan for contribution;
3. A plan for distribution of earnings;
4. Other matters specified by Presidential Decree.
(3) Each association that has completed the registration in accordance with paragraph (1) (hereinafter referred to as "specialized materials and components investment association") shall use an amount of at least the ratio prescribed by Presidential Decree, within the extent exceeding 50/100 of its contribution, for investment in enterprises specializing in materials and components. <Amended by Act No. 7280, Dec. 31, 2004; Act No. 13082, Jan. 28, 2015>
(4) Each person falling under any subparagraph of paragraph (1) shall manage the fund contributed to an association for contributors' interests with a duty of care as a good manager and shall not borrow money, guarantee payments, or offer any asset as security in conducting business affairs of the association.
(5) Except as otherwise provided for in this Act, the provisions governing associations of the Civil Act shall apply mutatis mutandis to specialized materials and components investment associations. <Amended by Act No. 7946, Apr. 28, 2006>
(6) Matters necessary for the organization and operation of specialized materials and components investment associations and other relevant matters shall be prescribed by Presidential Decree. <Amended by Act No. 13082, Jan. 28, 2015>
 Article 7 (Special Cases for Contributions by Foreigners)
(1) Contributions to specialized materials and components investment associations by foreigners defined in Article 2 (1) 1 of the Foreign Investment Promotion Act shall be construed as foreign investments defined in subparagraph 4 of the aforesaid Article of the aforesaid Act. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 13082, Jan. 28, 2015>
(2) As for the acquisition of stocks of an enterprise specializing in materials and components by a foreigner (referring to a private individual not domiciled or residing in the Republic of Korea for at least six months) or a foreign corporation defined in Article 9 (16) of the Financial Investment Services and Capital Markets Act, Article 168 of the aforesaid Act shall not apply. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 8635, Aug. 3, 2007; Act No. 13082, Jan. 28, 2015>
(3) Restrictions may be imposed on the acquisition of stocks of an enterprise specializing in materials and components by a foreigner or a foreign corporation under paragraph (2) by articles of incorporation of the relevant enterprise specializing in materials and components. <Amended by Act No. 13082, Jan. 28, 2015>
 Article 8 (Investment by Funds in Enterprises Specializing in Materials and Components )
A person responsible for the management of any of the following funds may invest the fund in enterprises specializing in materials and components, or contribute the fund to specialized materials and components investment associations, in accordance with the relevant fund management plan: <Amended by Act No. 7946, Apr. 28, 2006; Act No. 8398, Apr. 27, 2007; Act No. 13082, Jan. 28, 2015>
1. A fund established pursuant to an Act listed in attached Table 2 of the National Finance Act and specified by Presidential Decree;
2. Any other fund established with purposes similar to those of funds under paragraph (1) and specified by Presidential Decree.
 Article 8-2 (Special Cases concerning Publicly Offered Specialized Materials and Components Investment Associations)
(1) Articles 30 through 32, 34 through 43, 48, 50 through 53, 56, 58, 60 through 65, and 80 through 83, subparagraphs 2, 3 and 6 through 8 of Article 85, Articles 86 through 95, 181 through 183, 184 (1), (2) and (5) through (7), 185 through 187, 218 through 223, 229 through 253 of the Financial Investment Services and Capital Markets Act and the Act on Corporate Governance of Financial Companies (excluding the provisions of Articles 24 through 26) shall not apply to publicly offered specialized materials and components investment associations (referring to the specialized materials and components investment associations that are not classified into privately placed funds prescribed in Article 9 (19) of the Financial Investment Services and Capital Markets Act; the same shall apply hereinafter) and general partners of such associations. <Amended by Act No. 13082, Jan. 28, 2015; Act No. 13453, Jul. 31, 2015>
(2) Where the Minister of Trade, Industry, and Energy registers an association incorporated through public offering pursuant to Article 6 (1), he/she shall consult with the Financial Services Commission, in advance. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 8863, Feb. 29, 2008;Act No. 11690, Mar. 23>
(3) If necessary for protecting public interests or partners of publicly offered specialized materials and components investment associations, the Financial Services Commission may order the publicly offered specialized materials and components investment associations to submit a report or data on its business and may also authorize the Governor of the Financial Supervisory Service to conduct an inspection on its business. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 13082, Jan. 28, 2015>
(4) If a publicly offered specialized materials and components investment association violates this Act or any order or disposition issued or made pursuant to this Act, the Financial Investment Services and Capital Markets Act or any order or disposition issued or made pursuant to the aforesaid Act or the Act on Corporate Governance of Financial Companies (limited to the provisions of Articles 24 through 26), the Financial Services Commission may request the Minister of Trade, Industry, and Energy to cancel the registration of the specialized materials and components investment association or to take other measures necessary for protecting partners of the association, and the Minister of Trade, Industry, and Energy shall comply with such request, except in extenuating circumstances. In such cases, the Minister of Trade, Industry, and Energy shall notify the Financial Services Commission of details of the measures taken. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015; Act No. 13453, Jul. 31, 2015>
[This Article Newly Inserted by Act No. 8635, Aug. 3, 2007]
 Article 9 (Joint Research Group for Materials and Components)
(1) In order to efficiently support the enhancement of technical capabilities of the materials and components industry, the Minister of Trade, Industry, and Energy may organize and operate a joint research group for materials and components (hereinafter referred to as the "Joint Research Group") as a consultative body of research institutes, which shall be comprised of the following institutions: <Amended by Act No. 7219, Sep. 23, 2004; Act No. 7280, Dec. 31, 2004; Act No. 7946, Apr. 28, 2006; Act No. 7949, Apr. 28, 2006; Act No. 8852, Feb. 29, 2008; Act No. 11690&11713, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015; Act No. 14839, Jul. 26, 2017>
1. The following government-funded research institutes under the Act on the Establishment, Operation and Fostering of Government-Funded Science and Technology Research Institutions, Etc. (hereinafter referred to as "government-funded research institutes"):
(a) The Korea Institute of Industrial Technology;
(b) The Electronics and Telecommunications Research Institute;
(c) The Korea Research Institute of Standards and Science;
(d) The Korea Institute of Science and Technology;
(e) The Korea Institute of Machinery and Materials;
(f) The Korea Aerospace Research Institute;
(g) The Korea Institute of Energy Research;
(h) The Korea Electrotechnology Research Institute;
(i) The Korea Research Institute of Chemical Technology;
2. Specific research institutes under Article 2 of theSpecific Research Institutes Support Act as designated by the Minister of Science and ICT;
3. Specialized manufacturing technology research institutes under Article 42 of the Industrial Technology Innovation Promotion Act (hereinafter referred to as "specialized manufacturing technology research institutes") as designated by the Minister of Trade, Industry, and Energy;
4. Public-service corporations under the Act on the Establishment and Operation of Public Interest Corporations and other institutions or organizations necessary for supporting the enhancement of technical capabilities of the materials and components industry as designated by the Minister of Trade, Industry, and Energy through consultations with the heads of relevant central administrative agencies.
(2) Necessary matters concerning the organization and operation of the Joint Research Group and other relevant matters shall be prescribed by Presidential Decree.
 Article 10 (Activities for Technical Assistance by Joint Research Group)
(1) In order to promote a technology development project, etc., any enterprise specializing in materials and components may request the Joint Research Group to provide the following assistance: <Amended by Act No. 7280, Dec. 31, 2004; Act No. 13082, Jan. 28, 2015>
1. Dispatching researchers who belong to the Joint Research Group and arranging the dispatch of experts who belong to any institution or organization other than members of the Joint Research Group;
2. Allowing the enterprise to use research equipment and facilities of any member of the joint research task force and providing information;
3. Rendering technical guidance and advice;
4. Other matters specified by Presidential Decree as necessary for the enhancement of technical capabilities.
(2) The Joint Research Group in receipt of a request for assistance under paragraph (1) shall specify the assisting institution, details of assistance, and other necessary matters and shall notify the person who requested such assistance and the assisting institution thereof. In such cases, the head of any member of the Joint Research Group in receipt of such notice shall comply with it, in the absence of extenuating circumstances. <Amended by Act No. 7280, Dec. 31, 2004>
(3) No head of any member of the Joint Research Group shall put its researchers dispatched to an enterprise specializing in materials and components in accordance with paragraph (2) at an unfair disadvantage in his/her status or salary on the ground that he/she has been dispatched to such enterprise. <Amended by Act No. 7280, Dec. 31, 2004; Act No. 13082, Jan. 28, 2015>
(4) the Minister of Trade, Industry, and Energy shall evaluate the results of technical assistance rendered by members of the Joint Research Group to enterprises specializing in materials and components on a comprehensive basis each year. <Amended by Act No. 7280, Dec. 31, 2004; Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015>
(5) the Minister of Trade, Industry, and Energy may request the heads of the relevant central administrative agencies specified by Presidential Decree and the Minister of Strategy and Finance to advantageously treat members of the Joint Research Group in the allocation of budget and the agency evaluation according to the results of the evaluation under paragraph (4). <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013>
(6) If any member of the Joint Research Group renders assistance as notified pursuant to paragraph (2), the Government may subsidize expenses incurred therein, as prescribed by Ordinance of the Minister of Trade, Industry, and Energy. <Amended by Act No. 7280, Dec. 31, 2004; Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013>
 Article 11 (Assistance to Enterprises Specializing in Development of Technology for Materials and Components)
(1) If enterprises specializing in materials and components jointly establish an enterprise specializing in the development of technology for materials and components, the Government may render the following assistance in preference over other assistances: <Amended by Act No. 7946, Apr. 28, 2006; Act No. 13082, Jan. 28, 2015>
1. Designating the enterprise as a project entity for the development of technology for materials and components under Article 19 (1) and making contribution to the enterprise pursuant to paragraph (2) of the aforesaid Article;
2. Permitting the enterprise to relocate into an industrial technology complex under Article 2 of the Act on Special Cases concerning Support for Technoparks;
3. Allowing the enterprise to use research equipment and facilities of any member of the Joint Research Group and providing information;
4. Other matters specified by Presidential Decree.
(2) An enterprise specializing in the development of technology for materials and components desiring to get assistance under paragraph (1) shall meet the criteria prescribed by Presidential Decree in regard to the number of staff taking exclusive charge of the development of technology, etc. <Amended by Act No. 13082, Jan. 28, 2015>
 Article 12 (Training Programs for Technical Professionals, etc.)
(1) The Government may designate any of the following entities as an educational or training institution for nurturing technical professionals and improving their technology in relation to the designs, reliability, informatization, infrastructure for the production of materials and components, and other technology necessary for the development of the materials and components industry: <Amended on Act No. 7280, Dec. 31, 2004; Act No. 7946, Apr. 28, 2006; Act No. 8398, Apr. 27, 2007; Act No. 9369, Jan. 30, 2009; Act No. 11020, Aug. 4, 2011; Act No. 13082, Jan. 28, 2015; Act No. 15087, Nov. 28, 2017>
1. A college (referring to a college, industrial college, junior college, or technical college defined in subparagraph 1, 2, 4, or 6 of Article 2 of the Higher Education Act; the same shall apply hereinafter) located in an industrial complex in the Seoul Metropolitan Area prescribed in subparagraph 1 of Article 2 of the Seoul Metropolitan Area Readjustment Planning Act (referring to an industrial complex defined in subparagraph 8 of Article 2 of the Industrial Sites and Development Act; the same shall apply hereinafter) which is specified by Presidential Decree, and a college located in any area outside the Seoul Metropolitan Area;
2. The Korea Advanced Institute of Science and Technology established under the Korea Advanced Institute of Science and Technology Act, the Gwangju Institute of Science and Technology established under the Gwangju Institute of Science and Technology Act, the Daegu Gyeongbuk Institute of Science and Technology established under the Daegu Gyeongbuk Institute of Science and Technology Act, and the Ulsan National Institute of Science and Technology established under the Ulsan National Institute of Science and Technology Act;
3. A government-funded research institute;
4. A college or technological research institute in a foreign country that has entered into an agreement on technical education with the Korea Institute for Advancement of Technology established under Article 38 of the Industrial Technology Innovation Promotion Act;
5. Other educational or training institutions for the materials and components industry as specified by Presidential Decree.
(2) The Government may subsidize expenses incurred by a person designated pursuant to paragraph (1) in conducting training programs for technical professionals.
(3) If a training program for technical professionals conducted by a person designated pursuant to paragraph (1) is recognized as a training course conducted in compliance with training standards prescribed in Article 38 of the Act on the Development of Vocational Skills of Workers and is also recognized as a training course pursuant to Article 19 (1) or Article 24 (1) the aforesaid Act, such training program may be given priority in subsidizing training expenses or otherwise. <Amended by Act No. 7298, Dec. 31, 2004; Act No. 7946, Apr. 28, 2006; Act No. 10337, May 31, 2010>
(4) Necessary matters concerning the requirements and procedure, etc. for the designation under paragraph (1) and necessary matters concerning the disbursement, use, and management of contributions under paragraph (2) shall be prescribed by Presidential Decree.
 Article 13 (Special Cases for Leave of Absence of Public Educational Officials, etc.)
(1) Notwithstanding Article 44 (1) of the Educational Officials Act or Article 59 (1) of the Private School Act, any of the following persons (hereinafter referred to as "public educational official, etc.") may take a leave of absence from his/her job in order to work for an enterprise specializing in materials and components: <Amended by Act No. 7946, Apr. 28, 2006; Act No. 8398, Apr. 27, 2007; Act No. 13082, Jan. 28, 2015; Act No. 15087, Nov. 28, 2017>
1. Teaching staff members of a college (including researchers of a college research institute; the same shall apply hereinafter);
(2) Notwithstanding Article 45 of the Educational Officials Act or Article 59 (2) of the Private School Act, the period of a leave of absence under paragraph (1) shall not exceed three years. In such cases, notwithstanding Article 45 (2) of the Educational Officials Act, the period of a leave of absence for a teaching staff member of a college may exceed the remaining period of his/her term of appointment. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 8398, Apr. 27, 2007>
(3) Where teaching staff members or researchers of a college or a national or public research institute take a leave of absence for more than six months pursuant to paragraph (1), the relevant college or national or public research institute is deemed to have an additional prescribed number of teaching staff members or researchers corresponding to the number of the teaching staff members or researchers taking such leave of absence from the date of leave of absence to the expiring date of such leave of absence.
 Article 14 (Special Cases for Holding Concurrent Office or Position by Public Educational Officials, etc.)
(1) A public educational official, etc. or a researcher of a government-funded research institute or a specific research institute under Article 2 of the Specific Research Institutes Support Act may concurrently hold the office or position of the representative, executive, or employee of an enterprise specializing in materials and components, subject to permission from the head of the institution to which he/she belongs. In such cases, the permission may be granted only if the concurrent office or position is not likely to impede the efficiency of his/her performance of duties. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 13082, Jan. 28, 2015>
(2) The permission granted by the head of an institution pursuant to paragraph (1) is deemed the permission granted for holding a concurrent office or position pursuant to Article 18 (1) of the Educational Officials Act or Article 6 (4) of the Cooperative Research and Development Promotion Act. <Amended by Act No. 7946, Apr. 28, 2006>
 Article 15 (Special Cases for Stock Options)
An enterprise specializing in materials and components which is a stock company (excluding stock-listed corporations under Article 9 (15) 3 of the Financial Investment Services and Capital Markets Act) may issue stock options to any of the following persons who has contributed, or is able to contribute, to technological innovation, etc. of the enterprise by a special resolution under Article 434 of the Commercial Act, as stipulated in its articles of incorporation: <Amended by Act No. 7280, Dec. 31, 2004; Act No. 7946, Apr. 28, 2006; Act No. 8398, Apr. 27, 2007; Act No. 8635, Aug. 3, 2007; Act No. 13082, Jan. 28, 2015>
1. Members of the Joint Research Group;
2. Researches dispatched pursuant to Article 10 (2) or experts in relevant areas who belong to any institution or organization other than members of the Joint Research Group.
 Article 16 (Systematic Production and Management, etc. of Information about Materials and Components)
(1) The Government shall promote the following activities for the purposes of a systematic production, management, distribution, and use of information about technology, international trade, production, and markets for the materials and components industry (hereinafter referred to as "information about materials and components"): <Amended by Act No. 13082, Jan. 28, 2015>
1. Collection, analysis, and processing of information about materials and components and establishment of a database;
2. Improvement and expansion of a system for distribution of information about materials and components;
3. Supply of information about enterprises specializing in materials and components and relevant researchers;
4. Other activities specified by Presidential Decree.
(2) The Government may authorize any of the following institutions to conduct the activities falling under subparagraphs of paragraph (1) and subsidize expenses incurred in connection with such activities: <Amended by Act No. 7280, Dec. 31, 2004; Act No. 7946, Apr. 28, 2006; Act No. 9369, Jan. 30, 2009; Act No. 13082, Jan. 28, 2015; Act No. 14109, Mar. 29, 2016>
1. A government-funded research institute;
1-2. The Korea Institute for Advancement of Technology prescribed in Article 38 of the Industrial Technology Innovation Promotion Act;
2. A specialized manufacturing technology research institute;
3. The Korea Trade-Investment Promotion Agency prescribed in the Korea Trade-Investment Promotion Agency Act;
4. A business operators' organization established, as a non-profit corporation, by a business operator concerning materials and components pursuant to Article 32 of the Civil Act (hereinafter referred to as "business operators' organization");
5. A small and medium enterprise cooperative prescribed in the Small and Medium Enterprise Cooperatives Act (hereinafter referred to as "small and medium enterprise cooperative");
6. Other institution, organization, or business operator specified by Presidential Decree as necessary for facilitating the efficient use of information about materials and components.
(3) If necessary for efficiently promoting activities falling under the subparagraphs of paragraph (1), the Government may authorize institutions falling under the subparagraphs of paragraph (2) to organize and operate a council for information about materials and components. <Amended by Act No. 13082, Jan. 28, 2015>
(4) Matters necessary for the disbursement, use, and management of contributions made under paragraph (2) shall be prescribed by Presidential Decree.
 Article 16-2 (Measures, etc. for Facilitation of Development of Materials)
(1) In order to facilitate the efficient development of materials and the commercialization of materials so developed, the Minister of Trade, Industry, and Energy may authorize an institution that falls under any subparagraph of Article 16 (2) and whose achievements in research on materials and whose ability to carry out such research meets the standards prescribed by Ordinance of the Minister of Trade, Industry, and Energy (hereinafter referred to as "institution specializing in materials") to undertake the following activities: <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013>
1. Collection, analysis, and processing of information about materials and establishment of a database;
2. Improvement and expansion of a system for distribution of information about materials;
3. Provision of information to enterprises, colleges, and research institutes;
4. Technical assistance in the development and commercialization of materials;
5. Training of professionals for research and development of materials;
6. Establishment of a cooperative system with relevant colleges and research institutes to efficiently promote activities under subparagraphs 1 through 5.
(2) the Minister of Trade, Industry, and Energy may require any of the following persons who have carried out research on materials to submit research outcomes obtained as a result of performing the relevant research project and specified by Ordinance of the Minister of Trade, Industry, and Energy (hereinafter referred to as "research outcomes"), such as a research report, to an institution specializing in materials designated by the Minister of Trade, Industry, and Energy: <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015 >
1. A project entity for the development of technology for materials and components under Article 19 (limited to project entities designated by the Minister of Trade, Industry, and Energy);
2. The head of a managing research institution under Article 11 of the Industrial Technology Innovation Promotion Act.
(3) The head of an institution specializing in materials in receipt of research outcomes pursuant to paragraph (2) shall consult with each person who has submitted the research outcomes on the timing for disclosure of the research outcomes to the public.
(4) The procedure for, and the method of, the submission of research outcomes and other necessary matters shall be prescribed by Ordinance of the Ministry of Knowledge Economy. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013>
[This Article Newly Inserted by Act No. 8398, Apr. 27, 2007]
 Article 17 (Restructuring, etc. of Enterprises Related to Materials and Components)
(1) Where an enterprise carries out a merger under Article 174 of the Commercial Act, a division, divided merger, or physical division under Article 530-2 or 530-12 of the aforesaid Act, or acquires the whole or part of materials and components units from another enterprise for the purpose of specialization or conglomeration of its business (hereinafter referred to as "restructuring"), the Government may provide necessary support thereto. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 13082, Jan. 28, 2015>
(2) Any enterprise that carries out restructuring may request the Minister of Trade, Industry, and Energy to confirm such restructuring. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11713, Mar. 23, 2013>
(3) When the Minister of Trade, Industry, and Energy provides confirmation pursuant to paragraph (2), he/she shall examine in advance whether the restructuring at issue is helpful for enhancing the competitiveness of the relevant industry. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013>
(4) An enterprise that has obtained confirmation pursuant to paragraph (2) may be exempted from the obligation to purchase national housing bonds and urban railroad bonds, as provided by the Housing and City Fund Act and the Urban Railroad Act. <Amended by Act No. 6916, May 29, 2003; Act No. 7946, Apr. 28, 2006; Act No. 12989, Jan. 6, 2015>
(5) Necessary matters concerning the procedure for confirmation under paragraph (2) shall be prescribed by Presidential Decree.
(6) The Government may authorize an institution specified by Presidential Decree to undertake the following activities so as to facilitate restructuring of enterprises specializing in materials and components: <Newly Inserted by Act No. 8398, Apr. 27, 2007; Act No. 13082, Jan. 28, 2015>
1. Provision of information about systems related to restructuring and counseling thereon;
2. Arrangement and intermediation of mergers, business transfers, and strategic alliances;
3. Assistance in processing business affairs related to restructuring;
4. Other activities specified by Presidential Decree as necessary for assistance in restructuring of enterprises specializing in materials and components.
 Article 18 (Taxation Support)
In order to facilitate the restructuring of enterprises specializing in materials and components for the specialization or conglomeration of their business and to foster enterprises specializing in materials and components as well as those specializing in the development of technology for materials and components, the Government or any local government may provide taxation support as provided for by tax-related Acts. <Amended by Act No. 13082, Jan. 28, 2015>
CHAPTER IV DEVELOPMENT AND COMMERCIALIZATION OF TECHNOLOGY FOR MATERIALS AND COMPONENTS
 Article 19 (Execution, etc. of Projects for Development of Technology for Materials and Components)
(1) The Government may designate an institution, organization, or a business entity falling under any of the following subparagraphs as a project entity for the development of technology for materials and components and may authorize it to carry out a project for the development of technology related to materials and components or facilities for manufacturing materials and components (hereinafter referred to as "project for the development of materials and components"): <Amended by Act No. 8398, Apr. 27, 2007; Act No. 13082, Jan. 28, 2015>
1. A national or public research institute;
2. A government-funded research institute;
3. A college;
4. A specialized manufacturing technology research institute;
5. An enterprise specializing in materials and components or an enterprise specializing in the development of materials and components;
6. Other institutions, organizations, or business entities related to materials and components or facilities for manufacturing materials and components as specified by Presidential Decree.
(2) The Government may grant contributions to projects carried out for the development of technology for materials and components by a person designated as a project entity for the development of technology for materials and components pursuant to paragraph (1) (hereinafter referred to as "project entity for the development of technology for materials and components"). <Amended by Act No. 13082, Jan. 28, 2015>
(3) In granting contributions to projects for the development of technology for materials and components pursuant to paragraph (2), the Government may preferentially grant contributions to projects for the development of technology for materials and components invested by the Korea core Industrial Investment Association under Article 21. <Amended by Act No. 8398, Apr. 27, 2007; Act No. 13082, Jan. 28, 2015>
(4) Matters concerning the requirements and procedure for the designation of a project entity for the development of technology for materials and components and necessary matters concerning the disbursement, use, and management of contributions under paragraphs (2) and (3) shall be prescribed by Presidential Decree. <Amended by Act No. 13082, Jan. 28, 2015>
 Article 20 (Commercialization of Results of Development of Technology for Materials and Components)
(1) The Government may provide the following support to any enterprise that commercializes results of a project for the development of technology for materials and components: <Amended by Act No. 8398, Apr. 27, 2007; Act No. 8852, Feb. 29, 2008; Act No. 10629, May 19, 2011; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015>
1. Granting loans for the production of prototypes and capital investment;
2. Free transfer of intellectual property rights arising from the project for the development of materials and components, or arrangement of the grant of an exclusive or non-exclusive license therefor;
3. Deleted; <by Act No. 13082, Jan. 28, 2015>
4. Other matters specified by Ordinance of the Minister of Trade, Industry, and Energy as necessary for the commercialization of results of the development of materials and components.
(2) Necessary matters concerning the procedures for granting support under paragraph (1) shall be prescribed by Presidential Decree.
 Article 21 (Korea Core Industrial Technology Investment Association)
(1) In order to efficiently carry out investments in and coordination of project entities for the development of technology for materials and components, persons referred to in subparagraphs of Article 6 (1) and institutions specified by Presidential Decree may establish and operate the Korea Core Industrial Technology Investment Association (hereinafter referred to as the "KITIA"). <Amended by Act No. 13082, Jan. 28, 2015>
(2) Necessary matters concerning the establishment and operation of the KITIA shall be prescribed by Presidential Decree.
 Article 22 (Universal Compatibility, etc. of Materials and Components)
(1) Any of the following persons may make a request for designating materials and components as it considers necessary to be made universally compatible as items requiring universal compatibility: <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015>
1. The Joint Research Group;
2. A business operators' organization;
3. A small and medium enterprise cooperative;
4. Other institutions or organizations specified by Ordinance of the Minister of Trade, Industry, and Energy.
(2) Deleted. <by Act No. 7280, Dec. 31, 2004>
(3) In order to efficiently promote the universal compatibility of materials and components, the Government may provide the following support: <Act No. 13082, Jan. 28, 2015>
1. Financial support for projects for the development of technology for universal compatibility of materials and components;
2. Deleted; <by Act No. 13082, Jan. 28, 2015>
3. Granting loans for facilities to enterprises manufacturing materials and components designated as items requiring universal compatibility.
(4) Matters concerning the criteria and procedure for the designation of items requiring universal compatibility under paragraph (1) and necessary matters concerning the guidelines for support under paragraph (3) shall be prescribed by Ordinance of the Minister of Trade, Industry, and Energy. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013>
 Article 23 (Assistance in International Cooperation in Materials and Components Industry)
(1) The Government may render necessary assistance so that materials and components, or related technology already developed or currently under development can be adopted as international standards under subparagraph 2 of Article 3 of the Framework Act on National Standards. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 7949, Apr. 28, 2006; Act No. 13082, Jan. 28, 2015>
(2) In order to facilitate the development of the materials and components industry, the Government may render necessary assistance to domestic enterprises, colleges, research institutes, or organizations in carrying out the following activities with foreign enterprises, colleges, research institutes, or organizations : <Newly Inserted by Act No. 8398, Apr. 27, 2007; Act No. 13082, Jan. 28, 2015>
1. Joint development of technology;
2. Transfer and commercialization of technology;
3. Development of overseas markets;
4. Exchange of human resources, technology, and information;
5. Other activities similar to those under subparagraphs 1 through 4 as specified by Presidential Decree.
(3) Necessary matters concerning guidelines for assistance under paragraphs (1) and (2) shall be prescribed by Presidential Decree. <Amended by Act No. 8398, Apr. 27, 2007>
CHAPTER V ESTABLISHMENT, ETC. OF FOUNDATION FOR RELIABILITY ENHANCEMENT
 Article 24 (Projects for Building Foundation for Reliability Enhancement)
(1) In order to enhance the reliability of materials and components, the Government shall promote the following activities (hereinafter referred to as "projects for building the foundation for reliability enhancement"): <Act No. 13082, Jan. 28, 2015>
1. Development and expansion of equipment and facilities for reliability evaluation;
2. Development and dissemination of standards for reliability evaluation;
3. Training of professionals for reliability evaluation;
4. Efficient use of equipment, facilities, and information for reliability evaluation;
5. Other projects for building the foundation for reliability enhancement as specified by Presidential Decree.
(2) the Minister of Trade, Industry, and Energy may designate the following institutions as institutions undertaking projects for building the foundation for reliability enhancement: <Amended by Act No. 7280, Dec. 31, 2004; Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013>
1. National or public research institutes;
2. Government-funded research institutes;
3. Colleges;
4. Specialized manufacturing technology research institutes;
5. Other institutions or organizations specializing in projects for building the foundation for reliability enhancement as specified by Presidential Decree.
(3) Any institution designated pursuant to paragraph (2) to undertake projects for building the foundation for reliability enhancement (hereinafter referred to as "undertaking institution") may render the following assistance to enterprises that develop and manufacture materials and components: <Act No. 13082, Jan. 28, 2015>
1. Allowing them to use equipment and facilities for reliability evaluation installed through a project for building the foundation for reliability enhancement and providing them with information;
2. Conducting reliability evaluation and analyzing results of such evaluation;
3. Providing technical advice for the enhancement of reliability of materials and components.
(4) In order to efficiently carry out projects for building the foundation for reliability enhancement, each undertaking institution shall promote the following activities:
1. Securing an exclusive space for projects for building the foundation for reliability enhancement and establishing and operating an organization exclusively responsible for such projects;
2. Establishing a cooperative system between undertaking institutions to prevent overlapped investments in equipment and facilities for reliability evaluation;
3. Other matters specified by Presidential Decree as necessary for the efficient use of equipment, facilities and information for reliability evaluation.
(5) Necessary matters concerning the requirements and procedures for the designation of undertaking institutions shall be prescribed by Presidential Decree.
 Articles 25 through 33 Deleted. <by Act No. 13082, Jan 28, 2015>
 Article 34 (Government's Subsidization)
(1) The Government may grant subsidies, within the extents of budget, for the funds required for implementing a project for the enhancement of reliability.
(2) Necessary matters concerning the disbursement, use, and management of subsidies under paragraph (1) and other relevant matters shall be prescribed by Presidential Decree.
CHAPTER VI MATERIALS AND COMPONENTS DEVELOPMENT COMMITTEE
 Article 35 (Materials and Components Development Committee)
(1) The Minister of Trade, Industry, and Energy shall have a Materials and Components Development Committee to deliberate on the following matters with regard to the development of the materials and components industry: <Amended by Act No. 8398, Apr. 27, 2007; Act No. 9583, Apr. 1, 2009; Act No. 11690, Mar. 23, 2013; Act No 13082, Jan 28, 2015>
1. Evaluation of the basic plan under Article 3 and the compliance status thereof;
2. Evaluation of implementation plans under Article 4 and the compliance status thereof;
3. through 6. Deleted; <by Act No. 7280, Dec. 31, 2004>
7. Measures for the development and supply of materials and components for the execution of a large project feeding the demand for new materials and components;
8. Introduction and alteration of systems for the development of the materials and components industry;
9. Overall coordination of affairs between relevant administrative agencies in relation to the development policies for the materials and components industry;
10. Other matters deemed necessary by the Committee chairperson with regard to the development of the materials and components industry.
(2) The Materials and Components Development Committee shall be comprised of not more than 20 members, including one chairperson. <Amended by Act No. 13082, Jan 28, 2015>
(3) the Minister of Trade, Industry, and Energy shall take the chair of the Materials and Components Development Committee, and other members shall be comprised of the following persons: <Amended by Act No. 8398, Apr. 27, 2007; Act No. 8852, Feb. 29, 2008; Act No. 9583, Apr. 1, 2009; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan 28, 2015; Act No. 14839, Jul. 26, 2017>
1. The Vice Minister of Strategy and Finance, the Vice Minister of Trade, Industry, and Energy, the Vice Minister of Science and ICT, and other Vice Ministers of central administrative agencies specified by Presidential Decree or public officials equivalent to them;
2. Persons commissioned by the Minister of Trade, Industry, and Energy among persons specified by Presidential Decree, such as executives and employees of a business operators' organization or persons who have competent knowledge and experience in the materials and components industry.
(4) The Materials and Components Development Committee shall have a secretary, who shall be appointed by the Minister of Trade, Industry, and Energy from among members of the Senior Executive Service in the Minister of Trade, Industry, and Energy. <Amended by Act No. 9583, Apr. 1, 2009; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015>
(5) Deleted. <by Act No. 7280, Dec. 31, 2004>
(6) Deleted. <by Act No. 9583, Apr. 1, 2009>
(7) Necessary matters concerning the operation of the Materials and Components Development Committee and other necessary matters shall be prescribed by Presidential Decree. <Amended by Act No. 7280, Dec. 31, 2004; Act No. 9583, Apr. 1, 2009; Act No. 13082, Jan. 28, 2015>
 Article 36 (Reporting to the National Science and Technology Council)
(1) The Materials and Components Development Committee shall report to the National Science and Technology Council established under Article 9 of the Framework Act on Science and Technology the basic plan, the compliance status of implementation plans for the preceding year, and implementation plans for the following year. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 11713, Mar. 23, 2013; Act No. 13082, Jan 28, 2015>
(2) Matters reported under paragraph (1) are deemed to have undergone deliberation by the National Science and Technology Council established under Article 9 of the Framework Act on Science and Technology. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 11713, Mar.23, 2013; Act No. 13082, Jan. 28, 2015>
 Article 36-2 Deleted. <by Act No. 9369, Jan. 30, 2009>
CHAPTER VII SUPPLEMENTARY PROVISIONS
 Article 37 (Fees, etc.)
(1) Any member of the Joint Research Group or any undertaking institution may, when it renders assistance pursuant to Article 10 (1) or 24 (3), collect expenses incurred from the enterprise to which assistance is rendered, as prescribed by Presidential Decree.
(2) Deleted. <by Act No. 13082, Jan 28, 2015>
 Articles 38 and 39 Deleted. <by Act No. 13082, Jan 28, 2015>
 Article 40 (Delegation and Entrustment of Authority)
(1) Part of the authority of the Minister of Trade, Industry, and Energy or the head of a central administrative agency prescribed in this Act may be delegated or entrusted to the heads of its affiliated agencies, the Special Metropolitan City Mayor, Metropolitan City Mayors, Do Governors, or the Governor of a Special Self-Governing Province, as prescribed by Presidential Decree. <Amended by Act No. 8852, Feb. 29, 2008; Act No. 9583, Apr. 1, 2009; Act No. 11082, Nov. 14, 2011; Act No. 11690, Mar. 23, 2013; Act No. 14839, Jul. 26, 2017>
(2) The authority of the Minister of Trade, Industry and Energy, heads of central administrative agencies, or heads of relevant central administrative agencies granted under this Act may be partially entrusted to the Minister of SMEs and Startups as prescribed by Presidential Decree. <Newly Insterd by Act No. 14839, Jul. 26, 2017>
(3) Among the authority vested to the Minister of Trade, Industry, and Energy pursuant to this Act, authority over the following matters may be entrusted to the heads of relevant administrative agencies and other corporations or organizations specified by Presidential Decree, as prescribed by Presidential Decree: <Amended by Act No. 8852, Feb. 29, 2008; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015; Act No. 14839, Jul. 26, 2017>
1. Compilation of statistics under Article 5;
2. Registration of specialized materials and components investment associations;
3. Evaluation under Article 10 (4).
 Article 41 (Legal Fiction as Public Official in Application of Penal Provisions)
Executives and employees of a corporation or organization engaging in affairs entrusted by the Minister of Trade, Industry, and Energy pursuant to Article 40 shall be deemed as public officials for purposes of Articles 129 through 132 of the Criminal Act. <Amended by Act No. 7946, Apr. 28, 2006; Act No. 8852, Feb. 29, 2008; Act No. 11082, Nov. 14, 2011; Act No. 11690, Mar. 23, 2013; Act No. 13082, Jan. 28, 2015>
 Articles 42 through 44 Deleted. <by Act No. 13082, Jan 28, 2015>
ADDENDA
(1) (Enforcement Date) This Act shall enter into force on April 1, 2001.
(2) (Period of Validity) This Act shall remain in force until December 31, 2021: Provided, That the part of Article 25 (1) governing the reliability certification directly conducted by the head of a central administrative agency shall be effective until June 30, 2009. <Amended by Act No. 7280, Dec. 31, 2004>
(3) (Transitional Measures concerning Article 9 of the Framework Act on Science and Technology) "Article 9 of the Framework Act on Science and Technology" in Article 36 shall be construed as "Article 4 of the Special Act on Innovation in Science and Technology" until the Framework Act on Science and Technology (Act No. 6353) enters into force.
(4) (Transitional Measures concerning Penal Provisions) Persons who commit an offense under this Act while this Act is in force shall be governed by this Act even after the lapse of the period of validity of this Act.
ADDENDA <Act No. 6916, May 29, 2003>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 13 Omitted.
ADDENDA <Act No. 7219, Sep. 23, 2004>
Article 1 (Enforcement Date)
This Act shall enter into force one month after the date of its promulgation.
Articles 2 through 5 Omitted.
ADDENDA <Act No. 7280, Dec. 31, 2004>
(1) (Enforcement Date) This Act shall enter into force on March 1, 2005: Provided, That the amended provisions of Article 2 of the Addenda to the Act on Special Measures for the Promotion of Specialized Enterprises, etc. for Materials and Components (Act No. 6418) shall enter into force on the date of its promulgation.
(2) Omitted.
ADDENDA <Act No. 7298, Dec. 31, 2004>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 10 Omitted.
ADDENDUM <Act No. 7946, Apr. 28, 2006>
This Act shall enter into force three months after the date of its promulgation.
ADDENDA <Act No. 7949, Apr. 28, 2006>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 7 Omitted.
ADDENDA <Act No. 8189, Jan. 3, 2007>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 7 Omitted.
ADDENDUM <Act No. 8398, Apr. 27, 2007>
This Act shall enter into force six months after the date of its promulgation: Provided, That the amended provisions of subparagraph 1 of Article 8 shall enter into force on the date of its promulgation.
ADDENDA <Act No. 8635, Aug. 3, 2007>
Article 1 (Enforcement Date)
This Act shall enter into force one year and six months after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 44 Omitted.
ADDENDA <Act No. 8852, Feb. 29, 2008>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation. (Proviso Omitted.)
Articles 2 through 7 Omitted.
ADDENDA <Act No. 8863, Feb. 29, 2008>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation.
Articles 2 through 5 Omitted.
ADDENDUM <Act No. 9226, Dec. 26, 2008>
This Act shall enter into force on the date of its promulgation.
ADDENDA <Act No. 9369, Jan. 30, 2009>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation.
Articles 2 through 9 Omitted.
ADDENDUM <Act No. 9583, Apr. 1, 2009>
This Act shall enter into force six months after the date of its promulgation.
ADDENDA <Act No. 10228, Apr. 5, 2010>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation.
Articles 2 through 5 Omitted.
ADDENDA <Act No. 10337, May 31, 2010>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 8 Omitted.
ADDENDA <Act No. 10629, May 19, 2011>
Article 1 (Enforcement Date)
This Act shall enter into force two months after the date of its promulgation. (Proviso Omitted.)
Article 2 Omitted.
ADDENDA <Act No. 11020, Aug. 4, 2011>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation. (Proviso Omitted.)
Articles 2 through 11 Omitted.
ADDENDA <Act No. 11082, Nov. 14, 2011>
Article 1 (Enforcement Date)
This Act shall enter into force on January 1, 2012.
Article 2 (Transitional Measures concerning Reliability Certification, etc.)
(1) Any designated certification institution prescribed in the previous provisions as at the time this Act enters into force shall be deemed a reliability certification agency prescribed in the amended provisions of Article 25 (1).
(2) Any reliability certification conducted by the head of a central government agency pursuant to the previous provisions as at the time this Act enters into force shall be deemed reliability certification conducted by a reliability certification agency pursuant to the amended provisions of Article 25 (1).
ADDENDA <Act No. 11690, Mar. 23, 2013>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation.
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. 12989, Jan. 6, 2015>
Article 1 (Enforcement Date)
This Act shall enter into force on July 1, 2015.
Articles 2 through 6 Omitted.
ADDENDA <Act No. 13082, Jan. 28, 2015>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation.
Article 2 (Transitional Measures concerning Reliability Certification, etc.)
(1) The materials and components certified for reliability under the former Article 25 at the time this Act enters into force shall be construed effective for three years after this Act enters into force.
(2) Orders, etc., of display or removal of display, ect. for the materials and components effective under paragraph (1) shall be governed by the former provisions.
(3) The former provisions shall apply to applications for reliability under the former Article 26 at the time this Act enters into force.
Article 3 Omitted.
ADDENDA <Act No. 13453, Jul. 31, 2015>
Article 1 (Enforcement Date)
This Act shall enter into force one year after the date of its promulgation.
Articles 2 through 18 Omitted.
ADDENDA <Act No. 14109, Mar. 29, 2016>
Article 1 (Enforcement Date)
This Act shall enter into force on the date of its promulgation.
Articles 2 through 5 Omitted.
ADDENDA <Act No. 14127, Mar. 29, 2016>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 11 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, where any Act amended by Article 5 of this Addenda was promulgated but has yet to enter into force before this Act enters into force, amendments to such Act shall enter into force on the enforcement date of such relevant Act.
Articles 2 through 6 Omitted.
ADDENDUM <Act No. 15087, Nov. 28, 2017>
This Act shall enter into force on the date of its promulgation.