Wholly Amended by Presidential Decree No. 21201, Dec. 31, 2008
Amended by Presidential Decree No. 28152, jun. 27, 2017
Article 1 (Purpose) |
Article 2 (Scope of Business) |
1. | Postal business: postal business of the government and incidental business thereto; |
2. | Post office deposits business: post office deposits business of the government and incidental business thereto; |
3. | Grain management business: grain management business of the government and incidental business thereto; |
4. | Procurement business: procurement business of the government and incidental business thereto. |
Article 3 (Increase or Decrease of Net Assets) |
(1) | The head of the relevant central government agency shall, when he/she intends to increase or decrease net assets of special accounts under Article 10 of the Act, submit a written request for increase or decrease of net assets to and obtain approval of the Minister of Strategy and Finance. |
(2) | When the Minister of Strategy and Finance has approved increase or decrease of net assets of the special accounts under paragraph (1), he/she shall notify the Board of Audit and Inspection of such approval. |
Article 4 (Substitutional Agency) |
Article 5 (Holding and Managing of Revolving Fund) |
Article 6 (Statement of Increase or Decrease in Inventory) |
1. | Inventory condition and estimated inventory as of the end of the year before the previous year; |
2. | Plan of supply and demand of stored goods of the relevant year; |
3. | Estimated inventory as of the end of the relevant year. |
Article 7 (Expenditure Incurred in Generating Revenue) |
1. | A statement of excess revenue; |
2. | A statement of expenses directly related to excess revenue; |
3. | Documents necessary for specifying details of used excess revenue. |
Article 8 (Re-appropriation of Budget) |
Article 9 (Transfer of Accumulated Funds or Surplus into General Accounts) |
(1) | When it is necessary to transfer the accumulated funds or surplus of special accounts into general accounts under the proviso to Article 21 of the Act, the Minister of Strategy and Finance shall draft a statement of transfer of accumulated fund or surplus in consultation with the head of the relevant central government agency, and obtain approval of the President after undergoing deliberation of the State Council. |
(2) | The statement of transfer of accumulated funds or surplus under paragraph (1) shall be accompanied by the statement of change in net assets of the special accounts in the relevant year. |