CHAPTER I GENERAL PROVISIONS
The purpose of this Act is to ensure that citizens can utilize infrastructure more safely and more conveniently, through systematically maintaining and managing infrastructure and improving performance thereof, thereby contributing to developing the national economy.
The definitions of the terms used in this Act are as follows: <Amended on Apr. 7, 2020>
| 2. | The term "maintenance and management" means activities necessary for inspecting and maintaining infrastructure routinely; reinstating damaged sections; and repairing and reinforcing infrastructure, as required as time passes, so as to preserve functions of completed infrastructure and to enhance convenience and safety for users of infrastructure; |
| 3. | The term "improvement of performance" means activities enhancing the value of infrastructure and extending service life by repairing and changing the major structural members, or external form, of infrastructure; |
| 4. | The term "performance evaluation" means a comprehensive evaluation of performance, such as the structural safety, durability, and usability of facilities required to maintain functions of infrastructure; |
| 5. | The term "life cycle cost" means the total cost incurred during the whole life cycle of infrastructure, such as in planning, constructing, designing, operating, maintaining and managing, improving performance of, dismantling, and disposing of, infrastructure; |
| 6. | The term "management entity" means any of the following persons responsible for managing infrastructure under the relevant statutes or regulations: |
| (a) | The State or local governments; |
| (e) | Other private managers who manage infrastructure (hereinafter referred to as "private managers"). |
| Article 3 (Basic Principles) |
Each management entity shall manage infrastructure in accordance with the following basic principles:
| 1. | A management entity shall minimize the life cycle cost incurred due to aging by pro-actively managing infrastructure, based on comprehensive consideration of such factors as the safety, usability, and durability of infrastructure; |
| 2. | The State and local governments shall create new jobs by facilitating the development of technologies necessary for maintaining and managing infrastructure, improving performance thereof, and promoting related industries. |
| Article 4 (Matters Subject to Application) |
| (1) | Infrastructure meeting all the following requirements is subject to this Act: |
| 1. | Infrastructure managed by a management entity; |
| 2. | Infrastructure that requires systematic management and funding. |
| (2) | Further details about the types and scope of infrastructure under paragraph (1) shall be prescribed by Presidential Decree. |
| Article 5 (Responsibilities of the State and Other Entities) |
| (1) | The State and local governments shall formulate and implement comprehensive policies necessary to facilitate the safe and convenient use of infrastructure by citizens. |
| (2) | The State and local governments shall secure funding necessary for maintaining and managing infrastructure and improving performance thereof; and shall reflect the funding in the medium-term financial plan. |
| (3) | Each management entity shall cooperate fully with the State and local governments in implementing their policies; and shall procure funds necessary for maintaining and managing infrastructure and improving performance thereof. |
| Article 6 (Infrastructure Management System) |
The supervisory agency over a management entity shall be either of the following: <Amended on Apr. 7, 2020>
| 1. | Where a management entity is a sub-unit of a central administrative agency or an agency under the supervision of a central administrative agency: The relevant central administrative agency; |
| 2. | Where a management entity is a private operator: The competent authority defined in subparagraph 4 of Article 2 of the Act on Public-Private Partnerships in Infrastructure: Provided, That where the competent authority is a Si/Gun/Gu, the supervisory agency shall be the Special Metropolitan City, Metropolitan City, Special Self-Governing City, Do, or Special Self-Governing Province having jurisdiction over the relevant Si/Gun/Gu; |
| 3. | Where a management entity is a private manager: A supervisory agency prescribed in statutes regarding the relevant infrastructure; |
| 4. | Where a management entity does not fall under subparagraph 1 through subparagraph 3: The Special Metropolitan City, Metropolitan City, Special Self-Governing City, Do, or Special Self-Governing Province in which the relevant infrastructure is located. |
| Article 7 (Relationship to Other Statutes) |
| (1) | Other statutes relating to maintaining and managing infrastructure and improving performance thereof shall be enacted or amended in line with the purpose and basic principles of this Act. |
| (2) | Except as otherwise provided in other statutes, the provisions of this Act shall apply to maintaining and managing infrastructure and improving performance thereof. |
CHAPTER II FORMULATING POLICIES ON MANAGING INFRASTRUCTURE
| Article 8 (Master Plans for Managing Infrastructure) |
| (1) | The Minister of Land, Infrastructure and Transport shall formulate and implement a master plan for managing infrastructure (hereinafter referred to as "master plan") every five years to maintain and manage infrastructure systematically and to improve performance thereof. |
| (2) | A master plan shall include the following: |
| 1. | The status, changes in conditions, and prospects, of infrastructure; |
| 2. | Fundamental objectives and the basic direction-setting for maintaining and managing infrastructure and improving performance thereof; |
| 3. | Improving systems, including the improvement of statutes and regulations relating to infrastructure; |
| 4. | Researching and developing technologies necessary for managing infrastructure, and nurturing human resources therefor; |
| 5. | Establishing an information system for managing infrastructure; |
| 6. | Procuring and managing funds necessary for managing infrastructure; |
| 7. | Guidelines for formulating management plans, including methods for formulating management plans for each type of infrastructure, as necessary for the management plans under Article 9; |
| 8. | Other matters prescribed by Presidential Decree regarding systematically maintaining and managing infrastructure. |
| (3) | When the Minister of Land, Infrastructure and Transport intends to formulate or amend a master plan, he or she shall consult thereon with the head of the supervisory agency over the relevant management entity under Article 6 (hereinafter referred to as the "head of the relevant supervisory agency"); and shall submit the master plan to the Infrastructure Management Committee established pursuant to Article 18 and the State Council for deliberation, after reflecting consensus gathered through public hearings, etc. in the master plan: Provided, The foregoing shall not apply to the amendment to any minor matter prescribed by Presidential Decree. |
| (4) | When the Minister of Land, Infrastructure and Transport intends to formulate a master plan, he or she may request the heads of supervisory agencies and management entities to provide data prescribed by Presidential Decree; and the heads of supervisory agencies and management entities shall comply with such request, in the absence of special circumstances. |
| (5) | When a master plan is finalized under paragraph (3), the Minister of Land, Infrastructure and Transport shall publicly notify it in the Official Gazette and send it to the heads of supervisory agencies; and the head of each supervisory agency shall without delay deliver it to the relevant management entity. |
| (6) | Other matters necessary for, among other things, formulating, implementing, and amending master plans shall be prescribed by Presidential Decree. |
| Article 9 (Infrastructure Management Plans) |
| (1) | The head of each supervisory agency shall formulate and implement a plan for managing infrastructure within his or her jurisdiction (hereinafter referred to as "management plans") every five years according to a master plan: Provided, That a management plan under this Act shall be deemed to have been formulated, as prescribed by Presidential Decree, if a plan for managing infrastructure has been formulated under other statutes or regulations. |
| (2) | If necessary to formulate or amend a management plan, the head of a supervisory agency may request the relevant management entity to submit materials prescribed by Presidential Decree; and the management entity shall comply with such request, in the absence of special circumstances. |
| (3) | When the head of a supervisory agency intends to formulate or amend a management plan, such plan shall undergo prior review by the Minister of Land, Infrastructure and Transport and deliberation by the Infrastructure Management Committee under Article 18: Provided, That the foregoing shall not apply to any amendment to minor matters prescribed by Presidential Decree. <Amended on Apr. 7, 2020> |
| (4) | If found necessary in the course of a review under paragraph (3) on the feasibility of a management plan, the Minister of Land, Infrastructure and Transport may request the relevant supervisory agency to modify or amend the plan. In such cases, the head of a supervisory agency in receipt of a request for modification or amendment, shall consult thereon with the relevant management entity; and shall re-submit a modified or amended plan, in the absence of special circumstances. |
| (5) | The Infrastructure Management Committee under Article 18 shall finalize a management plan after deliberating on the adequacy of details of the management plan, the urgency of investment, etc.; and shall notify the head of the relevant supervisory agency of the results of the deliberation; and the head of the relevant supervisory agency shall notify the relevant management entity of the finalized management plan. |
| (6) | Each management entity shall maintain and manage infrastructure in accordance with the finalized management plan. |
| (7) | Other matters necessary for the guidelines, procedures, etc. for formulating management plans shall be prescribed by Presidential Decree. |
CHAPTER III MAINTAINING AND MANAGING INFRASTRUCTURE AND IMPROVING PERFORMANCE THEREOF
| Article 10 (Maintenance and Management) |
| (1) | Each management entity shall maintain and manage infrastructure within its jurisdiction at a level not below the minimum standards of maintenance and management under Article 11. |
| (2) | A management entity may authorize any person prescribed by Presidential Decree, such as a maintenance and management business entity registered pursuant to the Framework Act on the Construction Industry, to maintain and manage infrastructure on its behalf. |
| (3) | The costs of maintaining and managing infrastructure shall be funded by the relevant management entity; and the head of each supervisory agency shall formulate relevant policies to ensure that infrastructure is maintained at a level not below the minimum standards of maintenance and management under Article 11 (1); and shall assist the management entity in securing necessary funds. |
| Article 11 (Determining Minimum Standards for Maintenance and Management) |
| (1) | The head of a supervisory agency shall determine and publicly notify indicators that regulate minimum standards of maintenance and management (hereinafter referred to as "minimum standards of maintenance and management") for each type of infrastructure within his or her jurisdiction. |
| (2) | The Minister of Land, Infrastructure and Transport may determine and publicly notify uniform standards applicable to minimum standards of maintenance and management uniformly (hereinafter referred to as "uniform minimum standards of maintenance and management"). |
| (3) | The minimum standards of maintenance and management shall conform to the uniform minimum standards of maintenance and management, and the head of an agency who intends to determine and publicly notify minimum standards of maintenance and management shall consult thereon with the Minister of Land, Infrastructure and Transport and the heads of related central administrative agencies. In such cases, the foregoing shall also apply to amending the standards publicly notified (excluding amending minor matters prescribed by Presidential Decree). |
| (4) | Where the Minister of Land, Infrastructure and Transport intends to determine and publicly notify uniform minimum standards of maintenance and management, he or she shall consult thereon with the heads of related central administrative agencies; and shall submit the standards to the Infrastructure Management Committee under Article 18 for deliberation. In such cases, the foregoing shall also apply to amending the standards publicly notified (excluding amending minor matters prescribed by Presidential Decree). |
| Article 12 (Performance Evaluation) |
| (1) | Each management entity shall conduct performance evaluations prescribed by any relevant statute or regulation on infrastructure within its jurisdiction. |
| (2) | Each management entity shall submit a report on findings from a performance evaluation to the head of the relevant supervisory agency; and the head of the supervisory agency shall reflect such findings in formulating a management plan. |
| Article 13 (Determining Performance Improvement Standards) |
| (1) | The head of a supervisory agency shall determine and publicly notify standards for determining whether improving performance of each type of infrastructure within his or her jurisdiction is more advantageous than maintaining and managing such type of infrastructure (hereinafter referred to as "performance improvement standards"). |
| (2) | The Minister of Land, Infrastructure and Transport may determine and publicly notify uniform standards applicable to performance improvement standards uniformly (hereinafter referred to as "uniform standards for performance improvement"). |
| (3) | Standards for performance improvement shall conform to the uniform standards for performance improvement; and the head of a supervisory agency who intends to determine and publicly notify standards for performance improvement shall consult thereon with the Minister of Land, Infrastructure and Transport and the heads of related central administrative agencies. In such cases, the foregoing shall also apply to amending (excluding amending minor matters prescribed by Presidential Decree) the standards publicly notified. |
| (4) | Where the Minister of Land, Infrastructure and Transport intends to determine and publicly notify uniform standards for performance improvement, he or she shall consult thereon with the heads of related central administrative agencies; and shall submit the standards to the Infrastructure Management Committee under Article 18 for deliberation. In such cases, the foregoing shall also apply to amending the standards publicly notified (excluding amending minor matters prescribed by Presidential Decree). |
| Article 14 (Fact-Finding Survey on Infrastructure) |
| (1) | The Minister of Land, Infrastructure and Transport, the heads of supervisory agencies, and management entities may conduct a fact-finding survey on infrastructure regarding the matters prescribed by Presidential Decree (hereinafter referred to as "fact-finding survey on infrastructure") in connection with the following: |
| 1. | Formulating and amending master plans and management plans; |
| 2. | The status of constructing, operating, maintaining, and managing infrastructure; |
| 3. | Whether the minimum standards for maintenance and management are met; |
| 4. | An implementation plan for performance evaluation or the findings thereof; |
| 5. | Whether performance improvement standards are met and any performance improvement is adequate; |
| 6. | Other matters necessary for finding the status of management of infrastructure. |
| (2) | The Minister of Land, Infrastructure and Transport, the heads of supervisory agencies, and management entities may authorize an institution prescribed by Presidential Decree to conduct a fact-finding survey on infrastructure on their behalf. |
| (3) | Other matters regarding the methods, procedures, etc. for fact-finding surveys shall be determined and publicly notified by the Minister of Land, Infrastructure and Transport. |
| Article 15 (Selecting Infrastructure in Excellent Maintenance and Management Conditions) |
| (1) | The Minister of Land, Infrastructure and Transport may select facilities as infrastructure in excellent maintenance and management conditions according to the results of deliberation by the Infrastructure Management Committee under Article 18. |
| (2) | The State or a local government may provide incentives with regard to facilities selected as infrastructure in excellent maintenance and management conditions pursuant to paragraph (1), such as an increased ratio for subsidizing the costs of maintenance and management or the costs of performance improvement under Article 20. |
| (3) | The standards, procedures, etc. for selection as infrastructure in excellent maintenance and management conditions shall be prescribed by Ordinance of the Ministry of Land, Infrastructure and Transport. |
| Article 16 (Establishing and Operating Infrastructure Management System) |
| (1) | The Minister of Land, Infrastructure and Transport shall formulate a management system to systematically collect, manage, and utilize information about the status of the maintenance and management of infrastructure, the improvement of performance thereof, etc. |
| (2) | The Minister of Land, Infrastructure and Transport may request a management entity to enter data necessary for operating the infrastructure management system; and may provide information necessary for the system to ensure the efficient management of infrastructure. In such cases, upon receipt of a request to provide data, a management entity shall comply with the request, in the absence of special circumstances. |
| (3) | Matters necessary for formulating, operating, etc. the infrastructure management system shall be prescribed by Ordinance of the Ministry of Land, Infrastructure and Transport. |
| Article 17 (Promoting Research and Development) |
| (1) | The Minister of Land, Infrastructure and Transport may implement the following projects for research and technical development necessary for maintaining and managing infrastructure and improving performance thereof (hereinafter referred to as "research and development projects") and for developing specialized human resources, etc.: |
| 1. | Technical development relating to maintaining and managing infrastructure and improving performance thereof; |
| 2. | Developing and distributing equipment for inspecting and examining infrastructure; |
| 3. | Developing technology for improving performance of infrastructure without interrupting operation; |
| 4. | Developing and distributing techniques for evaluating the asset value of infrastructure; |
| 5. | Promoting the commercialization of the maintenance and management of infrastructure and the improvement of performance thereof and funding therefor; |
| 6. | Developing specialized human resources for maintaining and managing infrastructure and improving performance thereof and international cooperation therefor; |
| 7. | Other matters prescribed by Presidential Decree. |
| (2) | The Minister of Land, Infrastructure and Transport may fully or partially contribute to, or subsidize, expenses incurred in research and development projects, within budgetary limits. |
CHAPTER IV INFRASTRUCTURE MANAGEMENT PROMOTION SYSTEM
| Article 18 (Infrastructure Management Committee) |
| (1) | To deliberate on main policies and plans relating to the management of national infrastructure and on the implementation of such policies, an Infrastructure Management Committee (hereinafter referred to as the "Committee") shall be established as a committee under the jurisdiction of the Prime Minister. |
| (2) | The Committee shall deliberate on the following: |
| 1. | Basic direction-setting for policies, laws, and systems regarding managing infrastructure; |
| 2. | Master plans and management plans; |
| 3. | The uniform minimum standards for maintenance and management and the uniform standards for performance improvement; |
| 4. | Selecting facilities as infrastructure in excellent maintenance and management conditions; |
| 5. | Matters regarding international cooperation, technical development, the development of human resources, the establishment of infrastructure, etc.; |
| 6. | Coordinating policies with the heads of central administrative agencies; and the Special Metropolitan City Mayor, Metropolitan City Mayors, Special Self-Governing City Mayors, Do Governors, and Special Self-Governing Province Governors (hereinafter referred to as "Mayors/Do Governors"); |
| 7. | Matters subject to deliberation by the Committee under any other statute; |
| 8. | Other matters that the Chairperson deems necessary. |
| (3) | The Prime Minister shall serve as the Chairperson of the Committee; and the Committee shall be formed with between 10 and 30 persons, from among the following members: |
| 1. | Governmental members: The heads of central administrative agencies prescribed by Presidential Decree; |
| 2. | Non-governmental members: Persons commissioned by the Chairperson, from among persons who have abundant knowledge and experience in maintaining and managing infrastructure. |
| (4) | The Committee shall have one executive secretary to take charge of clerical work; and a public official of the Ministry of Land, Infrastructure and Transport, designated by the Chairperson from among members of the Senior Executive Service, to serve as the executive secretary. |
| (5) | Other matters necessary for organizing and operating the Committee shall be prescribed by Ordinance of the Ministry of Land, Infrastructure and Transport. |
| Article 19 (Subcommittees) |
| (1) | To perform its duties efficiently, the Committee may have subcommittees, as prescribed by Presidential Decree. |
| (2) | A subcommittee shall be formed with members commissioned by the Chairperson; and the chairperson of each subcommittee shall be elected from among members of the subcommittee. |
| (3) | Public officials who are members of the Senior Executive Service from central administrative agencies and Grade-III or higher-ranking public officials from local governments may attend meetings of the relevant subcommittee and present their opinions. |
| (4) | Except as provided in paragraphs (1) through (3), matters necessary for operating subcommittees shall be determined by the Chairperson, following resolution by the Committee. |
CHAPTER V GOVERNMENT SUBSIDIZATION AND FINANCING
| Article 20 (Principle of Government Subsidization) |
| (1) | Where the cost of constructing a certain infrastructure was borne by the State or a local government, the State or such local government may subsidize the management entity of such infrastructure for expenses incurred in maintaining and managing the infrastructure and improving performance thereof. In such cases, the ratio for subsidization by the State to the management entity shall be as provided for in the Subsidy Management Act. |
| (2) | Only for a certain infrastructure for which a management plan has been formulated, the State and local governments shall subsidize expenses incurred in maintaining and managing such infrastructure and improving performance thereof. |
| (3) | A management entity that intends to receive subsidies for expenses incurred in improving performance of infrastructure from the State and local governments shall accumulate allowances for improving performance under Article 23 (1). |
| (4) | Where the State grants a subsidy to a local government for expenses incurred in maintenance and management, the amount of such subsidy shall not exceed 50/100 of the amount calculated by subtracting annual expenses reflected for maintenance and management in the management plan under Article 9 (1) (where any charge is imposed and collected under Article 22 (1) for the use of infrastructure, the amount of such charge shall be subtracted therefrom) from the expenses incurred for maintenance and management during the reference year prescribed by Presidential Decree. |
| (5) | Where the State grants a subsidy to a local government for expenses incurred in improving performance, the amount of such subsidy shall not exceed the amount of the allowances accumulated pursuant to Article 23 (1) for improving performance. |
| (6) | Where the State and local governments subsidize a management entity for expenses incurred in improving performance, the ratio for subsidization may be adjusted, based on such consideration as the efforts made by the management entity to maintain and manage infrastructure and to secure funds independently for improving performance, the level of satisfaction of the performance improvement standards, the safety of infrastructure, and financial conditions of the management entity: Provided, That in cases of subsidization by the State, the subsidization ratio specified under Article 9 (1) of the Subsidy Management Act and the maximum amount of subsidies specified pursuant to paragraph (5) may be adjusted by not more than 20 percent points. |
| Article 21 (Subsidization of Expenses) |
| (1) | The State and local governments may invest in, contribute to, subsidize, or provide a loan to, local governments, public institutions, local public enterprises (excluding those subsidized by the State; hereafter in this Article the same shall apply), and private managers to cover all or part of expenses incurred in the following activities, as prescribed by any statute or Presidential Decree related to the relevant infrastructure, in order to ensure a systematic maintenance and management of infrastructure and better performance thereof: Provided, That such support for private managers shall be limited to providing a loan: <Amended on Apr. 7, 2020> |
| 1. | Fact-finding surveys and performance evaluation on infrastructure; |
| 2. | Inspections, examinations, research, repair, and reinforcement for maintaining and managing infrastructure; |
| 3. | Improving performance of infrastructure; |
| 4. | Other expenses prescribed by Presidential Decree for maintaining and managing infrastructure. |
| (2) | Upon receipt of a request for funding made by a local government, a public institution, a local public enterprise, or a private manager, the State or a local government may provide such funding, considering the following factors: <Amended on Apr. 7, 2020> |
| 1. | The amount of the charges for using infrastructure under Article 22 (1); |
| 2. | The amount of the allowances for improving performance under Article 23 (1); |
| 3. | Expenses incurred in maintenance, management, and performance improvement; |
| 4. | Financial conditions of the relevant agency; |
| 5. | Other factors prescribed by Presidential Decree. |
| Article 22 (Imposing and Collecting Charges for Use of Infrastructure) |
| (1) | A management entity that imposes fares, tolls, rental charges, etc. (hereinafter referred to as "rental charges, etc.") on users of infrastructure may impose and collect charges in proportion to the amount of usage (hereinafter referred to as "infrastructure usage charges"), to procure funds necessary for maintaining and managing infrastructure and improving performance thereof. |
| (2) | The funds procured under paragraph (1) shall be used for maintaining and managing the same type of infrastructure as the infrastructure for which relevant charges have been collected. |
| (3) | Infrastructure usage charges shall be imposed within 10/100 of rental charges, etc.; and statutes and regulations regarding the relevant infrastructure shall apply to the methods of calculation, the methods of imposition and collection, the procedures for payment, etc. under Article 4 of the Framework Act on the Management of Charges. |
| Article 23 (Accumulating Allowances for Improving Performance) |
| (1) | Each management entity may accumulate allowances for improving performance to secure funds necessary for improving performance according to relevant management plans in preparation against the aging of infrastructure: Provided, That a management entity falling under subparagraph 6 (a) through (c) of Article 2 (hereinafter referred to as "public management entity") shall accumulate allowances for improving performance. <Amended on Apr. 7, 2020> |
| (2) | A supervisory agency shall determine each management entity's target amount of allowances to be secured for improving performance; and shall reflect such target amount in management plans. |
| (3) | Allowances for improving performance shall be funded by the following sources: <Amended on Apr. 7, 2020> |
| 1. | Revenue from managing and operating infrastructure; |
| 2. | Other funds generated by improvements in operational efficiency of management entities. |
| (4) | The procedures for using allowances for improving performance, etc. shall be prescribed by Ordinance of the Ministry of Land, Infrastructure and Transport. |
| (5) | A public management entity may formulate and operate a fund or a special account to accumulate and utilize allowances for improving performance. <Amended on Apr. 7, 2020> |
| Article 24 (Implementing Policies for Mitigating Financial Burdens) |
| (2) | The State shall endeavor to procure related funds; provide funding; formulate various financial policies; and promote private investments to support the implementation of policies for pro-actively maintaining and managing infrastructure and for improving performance thereof. |
CHAPTER VI SUPPLEMENTARY PROVISIONS
| (1) | Where the head of a central administrative agency or a Mayor/Do Governor granted a subsidy to a local government, a public institution, a local public enterprise, or a private manager for expenses pursuant to Article 21 (1), he or she may verify the details of use to ascertain whether the subsidized amount has been used appropriately for maintaining and managing infrastructure and improving performance thereof; and may request the local government, the public institution, the local public enterprise, or the private manager to provide relevant materials. <Amended on Apr. 7, 2020> |
| (2) | The head of a central administrative agency or a Mayor/Do Governor may request a public institution, a local government, or a local public enterprise, whom a subsidy is to be granted, to take necessary measures, such as boosting managerial efficiency, etc. |
| Article 26 (Delegation and Entrustment of Authority) |
| (1) | Part of the authority of the Minister of Land, Infrastructure and Transport under this Act may be delegated to a Mayor/Do Governor or the head of an agency under his or her jurisdiction, as prescribed by Presidential Decree. |
| (2) | Some duties of the Minister of Land, Infrastructure and Transport may be entrusted to an institution equipped with human resources and equipment necessary for performing entrusted duties, as prescribed by Presidential Decree. |
| Article 27 (Duty of Confidentiality) |
No person who performs or performed duties entrusted pursuant to Article 26 (2) shall divulge or misappropriate confidential information obtained in the course of performing such duties.
| Article 28 (Legal Fiction as Public Officials for Purposes of Penalty Provisions) |
CHAPTER VII PENTALTY PROVISIONS
| Article 29 (Penalty Provisions) |
Any person who divulges or misappropriates confidential information obtained in the course of performing duties, in violation of Article 27, shall be punished by imprisonment with labor for not more than two years or by a fine not exceeding 20 million won.
ADDENDUM <Act No. 16145, Dec. 31, 2018>
This Act shall enter into force one year after the date of its promulgation.
ADDENDUM <Act No. 17237, Apr. 7, 2020>
This Act shall enter into force on the date of its promulgation: Provided, That the amended provisions of the proviso of Article 9 (3) shall enter into force six months after the date of the promulgation.