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BICYCLE AND MOTORBOAT RACING ACT

Wholly Amended by Act No. 8342, Apr. 11, 2007

Amended by Act No. 8852, Feb. 29, 2008

Act No. 9581, Apr. 1, 2009

Act No. 9685, May 21, 2009

Act No. 10553, Apr. 5, 2011

Act No. 10880, Jul. 21, 2011

Act No. 12688, May 28, 2014

Act No. 14200, May 29, 2016

Act No. 15260, Dec. 19, 2017

Act No. 15811, Oct. 16, 2018

Act No. 16046, Dec. 24, 2018

Act No. 16172, Dec. 31, 2018

Act No. 17592, Dec. 8, 2020

CHAPTER I GENERAL PROVISIONS
 Article 1 (Purpose)
The purpose of this Act is to promote citizens’ good use of leisure and national sports through a fair operation and smooth distribution of bicycle and motorboat racing, thereby providing funds for the youth’s healthy growth and the expansion of local finance and improving the standards of bicycle and motorboat racing. <Amended on Dec. 8, 2020>
 Article 2 (Definitions)
The terms used in this Act are defined as follows: <Amended on May 29, 2016; Nov. 26, 2019>
1. The term "bicycle racing" means the activities of issuing and selling betting tickets on which the possible winner of a particular bicycle race is marked, and of granting a prize to those who correctly predict a winner;
2. The term "motorboat racing" means the activities of issuing and selling betting tickets on which the possible winner of a particular motorboat race is marked and granting a prize to those who correctly predict a winner;
3. The term "betting ticket" means a ticket on which the method of choosing the race winner, the player’s number, and the prize amounts and others are marked, which is issued and sold at the request of those who wish to receive a prize by correctly predicting a winner of a bicycle or motorboat race;
4. The term "refund money" means the amount that a bicycle racing business entity or a motorboat racing business entity pays to a person who correctly predicts the results of a racing or a purchaser of betting tickets after deducting the profits from selling tickets and taxes, etc. from the total amount of money obtained by selling betting tickets, when the order of arrival of bicycle riders or motorboat racing riders is determined.
5. The term "value of tickets per unit" means the minimum selling price as the basic unit in the issuance and sale of betting tickets.
6. The term “betting slip” means a ticket issued by a bicycle or motorboat racing business entity, on which matters such as the amount, serial number and statute of limitations period are indicated, for exchange with a betting ticket.
 Article 3 (Relationship to Other Statutes)
The issuance and sale of betting tickets shall not be subject to the Act on Special Cases concerning the Regulation and Punishment of Speculative Acts, etc.
CHAPTER II OPERATION OF BICYCLE RACING AND MOTORBOAT RACING
 Article 4 (Operation of Bicycle and Motorboat Racing)
(1) A local government or the Korea Sports Promotion Foundation (hereinafter referred to as the "Promotion Foundation") established pursuant to the National Sports Promotion Act shall operate bicycle or motorboat racing (hereinafter referred to as "racing") with permission from the Minister of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
(2) A person who obtains permission to hold racing under paragraph (1) (hereinafter referred to as "racing business entity") shall annually formulate a plan to hold racing, and shall obtain permission therefor from the Minister of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
 Article 5 (Establishment of Racing Track)
(1) When a racing business entity intends to establish a bicycle or motorboat racing track (hereinafter referred to as "racing track"), he or she shall obtain approval from the Minister of Culture, Sports and Tourism after satisfying the requirements prescribed by Presidential Decree. This shall also apply where the business entity intends to change permitted matters prescribed by Ordinance of the Ministry of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
(2) When the Minister of Culture, Sports and Tourism deems that facilities of the racing track is unsuitable for maintaining order in the racing track or for ensuring fairness of the racing, he or she may order the racing business entity to change the facilities or order the racing business entity to build other installations. <Amended on Feb. 29, 2008>
(3) When a person who has obtained permission for establishment of racing track under paragraph (1) fails to commence establishing it without justifiable grounds within one year after he or she has obtained permission, the Minister of Culture, Sports and Tourism may cancel such permission. <Amended on Feb. 29, 2008>
 Article 6 (Hearings)
Where the Minister of Culture, Sports and Tourism intends to cancel permission for establishment of track under Article 5 (3), he or she shall hold a hearing. <Amended on Feb. 29, 2008>
 Article 7 (Registration of Racers, Umpires, and Implements)
(1) A person who intends to participate in racing as a racer or umpire shall register himself or herself with the Promotion Foundation: Provided, That any of the following persons shall not be permitted to do so: <Amended on May 29, 2016; Dec. 8, 2020>
1. A person under adult guardianship or a person declared bankrupt and not yet reinstated;
2. A person upon whom a sentence of a fine or any heavier punishment was imposed for a violation of this Act;
3. A person who has been sentenced to imprisonment without labor or heavier punishment, and five years have not yet passed since the expiration of the term of sentence, or since the decision to exempt such sentence has been made.
(2) Matters necessary for qualifications, selection, registration, and training of those who intend to participate in racing as players or as umpires shall be prescribed by Presidential Decree.
(3) Bicycles and motorboats used in racing shall be registered with the Promotion Foundation.
(4) Matters necessary for types, sizes, equipment, inspection, and registration of bicycles and motorboats used in racing, and other matters shall be prescribed by Ordinance of the Ministry of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
(5) The Promotion Foundation may collect fees from those who register according to paragraphs (1) and (3), as prescribed by Ordinance of the Ministry of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
 Article 7-2 (Doping Tests of Racers)
A racer registered with the Promotion Foundation to participate in racing pursuant to Article 7 (1) shall undergo a doping test conducted by the Korea Anti-Doping Agency under Article 35 of the National Sports Promotion Act, as prescribed by Ordinance of the Ministry of Culture, Sports and Tourism. In such cases, guidelines and methods for selecting persons subject to doping tests shall be determined by the Korea Anti-Doping Agency.
[This Article Newly Inserted on Oct. 16, 2018]
 Article 8 (Admission Fees)
(1) When a racing business entity holds the racing, he or she may collect admission fees from those who are admitted to enter the racing track or outdoor counter under Article 9. <Amended on Jul. 21, 2011>
(2) Matters necessary for the amount of the admission fees, the object of fee collection and other matters under paragraph (1) shall be prescribed by Ordinance of the Ministry of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
 Article 9 (Issuance and Sale of Betting Tickets)
(1) When a racing business entity holds racing, he or she may issue and sell betting tickets on which the purchaser’s choice of the possible winner of racing is marked.
(2) When a racing business entity intends to install facilities (hereinafter referred to as "outdoor counter") to handle affairs, such as the issuance and sale of betting tickets, payment of prizes, and refund for a ticket, he or she shall obtain permission from the Minister of Culture, Sports and Tourism. The same shall apply where a racing business entity intends to relocate such outdoor counter. <Amended on Feb. 29, 2008>
(3) Matters necessary for the value of tickets per unit, the method of issuing and selling betting tickets, and the standard for installation of an outside counter, and others matters shall be prescribed by Presidential Decree.
 Article 9-2 (Betting Slips)
(1) Upon request of a person intending to purchase a betting ticket, a racing business entity may issue and sell a betting slip.
(2) A betting slip shall not be used for any other purpose than exchange with a betting ticket.
(3) Where a person with a betting slip requests a refund therefor, a racing business entity shall comply with such request.
[This Article Newly Inserted on May 29, 2016]
 Article 10 (Indication of Words of Warning)
(1) A racing business entity shall indicate words of warning on the front and rear of a betting ticket, as well as in advertisements prescribed by Presidential Decree, detailing possible personal and social side effects, etc. caused by the excessive purchase of betting tickets.
(2) Matters necessary for the details and method of indicating words of warning under paragraph (1), and other matters shall be prescribed by Ordinance of the Ministry of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
 Article 11 (Methods of Betting on Winners)
(1) The methods of betting on the winner of racing shall be classified as follows:
1. Win: A method of betting on the winner, who will be the racer arriving at the finish line first;
2. Quinella: A method of betting on the winners, who will be a group of racers arriving at the finish line first and second, regardless of ranking;
3. Place: A method of betting on the winners, who will be the racers arriving at the finish line first and second, where the number of racers at the time betting ticket sale commences are not less than 5 and not more than 7; and who will be the racers arriving at the finish line first, second and third, where the number of racers at the time betting ticket sale commences are at least 8;
4. Exacta: A method of betting on the winners, including their ranking, who will be a group of racers arriving at the finish line first and second;
5. Special winning: Other methods of betting on the winner, than those prescribed in subparagraphs 1 through 4.
(2) Kinds of special winning and the methods of determining the winner for each kind under paragraph (1) 5 shall be prescribed by Ordinance of the Ministry of Culture, Sports and Tourism.
[This Article Wholly Amended on May 29, 2016]
 Article 12 (Refunds)
(1) A racing business entity shall pay refunds to those who correctly predict the results of racing from the amount of money earned from selling betting tickets of the relevant racing, as prescribed by Presidential Decree. <Amended on Nov. 26, 2019>
(2) When the amount of the prize money under paragraph (1) falls short of the face value of the betting ticket, the face value of the ticket shall be granted to those who have correctly predicted a winner.
(3) Where no one correctly predicts the results of racing, the earnings from selling betting tickets shall be refunded to those who purchased the betting tickets, as prescribed by Presidential Decree. <Amended on Nov. 26, 2019>
(4) In granting a prize money under paragraphs (1) and (3), if there are odds of less than ten won, the odds of less than five won shall be rounded down, and the odds of not less than five won shall be rounded up to ten won in such calculations.
(5) If there are any profits gained as a result of calculations under paragraph (4), they shall be reverted to the revenue of the relevant racing business entity, and any losses shall be included in the expenditure of the racing business entity.
 Article 13 (Invalidation of Tickets)
(1) If any of the following grounds occurs for the relevant racing after issuing and selling the betting tickets, the betting in the relevant racing shall become invalid:
1. When there is only one racer or no racer participating in the racing;
2. When the racing does not take place.
(2) When there is no winner from among the methods of betting on a winner under Article 11 (1), the bet according to the methods of betting on a winner shall be invalid.
(3) When the player whose number is marked on the ticket issued does not participate in such racing, the bet on such player shall be invalid.
(4) The scope of players on whose bet becomes invalid under paragraph (3) shall be prescribed by Presidential Decree according to each method of betting on a winner.
(5) A person who has betting tickets that become invalid under paragraphs (1) through (3) may request the racing business entity to refund the purchasing price of such invalid ticket.
 Article 14 (Extinctive Prescription)
(1) Exercise of the right to claim exchange of a betting slip with a betting ticket or refund under Article 9-2 shall be barred by expiration of statute of limitations, if not exercised for one year. <Newly Inserted on May 29, 2016>
(2) Claims on the prize under Article 12 and rights to refund the purchasing price under Article 13 (5) shall extinguish by prescription, if not exercised within one year from the date on which the relevant tickets are issued and sold. <Amended on Apr. 5, 2011; May 29, 2016>
(3) The unspent amount of a betting slip under paragraph (1) and the prize and the purchase price under paragraph (2) shall vest in the National Sports Promotion Fund under the National Sports Promotion Act, if the racing business entity is the Promotion Foundation, and in the reserves for business under Article 17, if the racing business entity is a local government. <Amended on May 29, 2016>
 Article 15 (Profits from Selling Tickets)
(1) A racing business entity may take a certain ratio of amount specified by the Minister of Culture, Sports and Tourism, from the total amount of money earned from selling betting tickets, as operating expenses, earnings, reserves for compensation for losses, and reserves for business, for holding races. In such cases, such amount shall not exceed 20/100 of the total amount of money earned from selling tickets. <Amended on Feb. 29, 2008; May 29, 2016>
(2) Where the taxes on the amounts of money earned from selling betting tickets are subject to reduction or exemption for the purpose of supporting a racing track construction project pursuant to related statutes and regulations, a racing business entity may collect the money by summing up the amount equivalent to the rate of such reduction or exemption. In such cases, the reduced or exempted amount of taxes for the racing track construction project from among the income amounts shall not be used for any purpose other than the racing track construction project, notwithstanding Article 18.
[Title Amended on Nov. 26, 2019]
 Article 16 (Reserves for Compensation of Loss)
(1) A racing business entity shall lay aside the reserves for compensation of losses within the limit of 5/1,000 of the total amount of money earned from selling betting tickets as prescribed by Presidential Decree.
(2) When a racing business entity intends to use the reserves under paragraph (1) to compensate for losses, he or she shall obtain approval from the Minister of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
(3) A racing business entity may, if he or she is the Promotion Foundation, use the reserves for compensation of losses under paragraph (1) to contribute to the national sports promotion fund under Article 18 (1) 1 after obtaining approval of the Minister of Culture, Sports and Tourism, and, if he or she is a local government, use it as funds to promote local sports under subparagraph 2 of the same paragraph after obtaining approval of the Minister of Culture and Tourism. <Amended on Feb. 29, 2008>
 Article 17 (Reserves for Business)
(1) A racing business entity shall set aside reserves for business to the extent not exceeding 15/1,000 of the total amount of money earned from selling betting tickets, as prescribed by Presidential Decree. <Amended on May 29, 2016>
(2) The reserves for improvement of facility environment under paragraph (1) shall be used for the expansion, etc. of viewing or convenient facilities as prescribed by Presidential Decree, and where a racing business entity intends to use the reserves for business, he or she shall obtain approval from the Minister of Culture, Sports and Tourism. <Amended on Feb. 29, 2008; May 29, 2016>
(3) A racing business entity may, if he or she is the Promotion Foundation, use the reserves for business under paragraph (1) to contribute to the national sports promotion fund under Article 18 (1) 1 after obtaining approval from the Minister of Culture, Sports and Tourism, and, if he or she is a local government, use it as funds to promote local sports under subparagraph 2 of the same paragraph after obtaining approval from the Minister of Culture, Sports and Tourism. <Amended on Feb. 29, 2008; May 29, 2016>
[Title Amended on May 29, 2016]
 Article 18 (Use of Earnings)
(1) A racing business entity shall use the earnings under Article 15 (1) from racing for the following purposes: <Amended on Feb. 29, 2008; Apr. 1, 2009; May 21, 2009; May 28, 2014; Dec. 31, 2018>
1. Contributions to the National Sports Promotion Fund under the National Sports Promotion Act, the Juvenile Fostering Fund under the Framework Act on Juveniles, the Culture and Arts Promotion Fund under the Culture and Arts Promotion Act, and the Fund for the Establishment and Promotion of Small and Medium Enterprises and Startups under the Small and Medium Enterprises Promotion Act: Provided, That the contributions to the Fund for the Establishment and Promotion of Small and Medium Enterprises and Startups under the Small and Medium Enterprises Promotion Act shall be used preferentially to foster the bicycle and motor boat industries, and the contributions to the National Sports Promotion Fund under the National Sports Promotion Act shall be used preferentially to foster the bicycle and motor boat racers;
2. Subsidization for the expansion of local finance in order to promote local sports;
3. Deleted. <Dec. 19, 2017>
(2) A racing business entity shall report the result of contributions to the funds referred to in paragraph (1) 1 to the Minister of Culture, Sports and Tourism. <Newly Inserted on Dec. 19, 2017>
(3) Matters necessary for the distribution, use, etc. of the earnings, and others under paragraph (1) shall be prescribed by Presidential Decree. <Amended on Dec. 19, 2017>
 Article 19 (Entrustment of Racing Business)
(1) If deemed necessary, a racing business entity may entrust an organization or individual prescribed by Presidential Decree with the racing business after obtaining approval from the Minister of Culture, Sports and Tourism. <Amended on Feb. 29, 2008>
(2) When a racing business entity entrusts the racing business under paragraph (1), he or she shall provide the trustee of the racing enterprise (hereinafter referred to as "trustee of business") with operating expenses for the trusted business in an amount in compliance with the standards prescribed by Presidential Decree.
(3) A trustee of business shall submit an operation plan for the racing business and a plan for revenues and expenditure to the racing business entity each year.
 Article 20 (Racing Operation Committee Members)
A racing business entity (including a trustee of business under Article 19; hereinafter the same shall apply) shall have a racing operation committee to execute business affairs regarding racing as prescribed by Presidential Decree.
CHAPTER III SUPPLEMENTARY PROVISIONS
 Article 21 (Control over Racing Track)
(1) A racing business entity shall take measures necessary for the fair operation of racing and for the maintenance of order in the racing track.
(2) Matters necessary for the measures under paragraph (1) shall be prescribed by Presidential Decree.
 Article 22 (Welfare of Racers and Umpires)
(1) A racing business entity shall take measures necessary for the welfare and safety of the racers and umpires, and other persons engaged in the racing. In such cases, a racing business entity may hear opinions of racers, umpires, etc. <Amended on Jun. 9, 2020>
(2) Matters necessary for the welfare, safety measures, etc. under paragraph (1) shall be prescribed by Presidential Decree.
 Article 23 (Order, Disposition, and Inspection)
(1) The Minister of Culture, Sports and Tourism may issue an order or administrative disposition necessary for his or her supervision over the racing business entity, if he or she deems it necessary for the enforcement of this Act. <Amended on Feb. 29, 2008>
(2) If deemed necessary, the Minister of Culture, Sports and Tourism may require a racing business entity to file a report on the racing business or may require the public officials under his or her jurisdiction to enter the main office of the racing business entity or the racing track, and inspect the account book, documents, and other materials. <Amended on Feb. 29, 2008>
(3) Public official who performs an inspection under paragraph (2) shall carry identification indicating his or her authority and produce it to relevant persons.
 Article 24 (Prohibition of Similar Activities)
(1) No person other than a racing business entity shall engage in any of the following acts: <Amended on Nov. 26, 2019>
1. Operating racing;
2. Providing goods or property benefits to persons who correctly predicts the results of the racing by issuing betting tickets or engaging in any similar activity with regard racing operated by a racing business entity.
(2) No person shall perform any of the following acts: <Newly Inserted on Nov. 26, 2019>
1. Providing goods or property benefits to persons who correctly predicts the results of racing by issuing betting tickets or engaging in similar activities in the Republic of Korea, for bicycle or motorboat racing implemented in a foreign country;
2. Soliciting or arranging the purchase of betting tickets or anything similar thereto, or transferring betting tickets, for the purpose of making a profit.
(3) No person shall perform any of the following acts: <Newly Inserted on Nov. 26, 2019>
1. Reproducing, altering or transmitting the rate of dividends of racing, the sports screen and voice, computer program works (including electronic documents on racing information), and the like provided by a racing business entity for any acts referred to in paragraph (1) or (2);
2. Designing, manufacturing or distributing a system of issuing betting tickets or anything similar thereto by means of information and communications networks under Article 2 (1) 1 of the Act on Promotion of Information and Communications Network Utilization and Information Protection, Etc. for any acts referred to in paragraph (1) or (2) or providing such things to the public for their use;
3. Engaging in publicity of any acts referred to in paragraph (1) or (2).
[Title Amended on Nov. 26, 2019]
 Article 25 (Restriction on Purchase of Betting Tickets)
(1) No racing business entity shall sell a minor any ticket on which the purchaser indicate the possible winner of racing.
(2) No person who falls under any of the following subparagraphs shall buy, broker, and take over the betting tickets: <Amended on Nov. 26, 2019>
1. A public official of the supervisory agency of the racing business who are in charge of affairs relating to the racing business;
2. Public officials, executive officers, and employees who belong to the supervisory office of the racing business in a local government or the Promotion Foundation (including those entrusted with the racing business by a local government or the Promotion Foundation under Article 19) that has obtained permission to hold a racing under Article 4 (1);
3. A person registered as a racer or umpire under Article 7 (1);
4. Minors;
5. Persons, other than those prescribed in paragraph (2), who work at a business place of the racing industry.
(3) Deleted. <Nov. 26, 2019>
CHAPTER IV PENALTY PROVISIONS
 Article 26 (Penalty Provisions)
(1) Any of the following persons shall be punished by imprisonment with labor for up to seven years or by a fine not exceeding 70 million won: <Amended on Dec. 24, 2018; Nov. 26, 2019>
1. Any person who engages in any similar acts, in violation of Article 24 (1), (2), or paragraph (3) 1 of the same Article;
2. A person who gambles on the race referred to in this Act for profit-making purposes, or who assists therein;
3. The counterparts of the conduct referred to in subparagraph 2 of this paragraph who fall under the subparagraphs (excluding subparagraph 4) of Article 25 (2).
(2) Any person who has attempted the crime as referred to in paragraph (1), shall be punished.
[Moved from Article 27; Previous Article 26 moved to Article 27 <Nov. 26, 2019>]
 Article 27 (Penalty Provisions)
A person who violates Article 28 shall be punished by imprisonment with labor for up to five years or by a fine not exceeding 50 million won: <Amended on Dec. 24, 2018; Nov. 26, 2019>
1. A person who harms the fairness of racing or interferes with a fair implementation by using deceptive means or force;
2. A person who interferes with a smooth performance of racing by entering the racing track without permission or by throwing alien substances etc., or a person who threatens the safety of persons engaged in the racing, such as racers and umpires;
3. A person who becomes the counterpart of any similar act referred to in Article 24 (1) or (2);
4. Anyone who designs, manufactures, distributes, or provides a system, in violation of Article 24 (3) 2;
5. A person who buys, brokers, or takes over betting tickets, in violation of Article 25 (2).
[Moved from Article 26; Previous Article 27 moved to Article 26 <Nov. 26, 2019>]
 Article 28 (Concurrent Imposition of Fines)
Imprisonment with labor and a fine may be imposed concurrently in cases falling under Article 26 (1). <Amended on Nov. 26, 2019>
 Article 29 (Penalty Provisions)
(1) If a racer or umpire receives, requests, or promises goods or property benefits, in return for any illegal solicitation for favors related to his or her duties, he or she shall be punished by imprisonment with labor for up to five years, or by a fine not exceeding 50 million won. <Amended on Dec. 24, 2018>
(2) If a racer or umpire commits an illegal act that constitutes a crime under paragraph (1), he or she shall be punished by imprisonment with labor for up to seven years, or by a fine not exceeding 70 million won. <Amended on Dec. 24, 2018>
 Article 30 (Penalty Provisions)
If a racer or umpire causes any third party to offer goods or property benefits, or requests or promises therefor, in return for any illegal solicitation for favors related to his or her duties, he or she shall be punished by imprisonment with labor for up to five years, or by a fine not exceeding 50 million won. <Amended on Dec. 24, 2018>
 Article 31 (Penalty Provisions)
A person who promises, offers, or expresses an intent to offer any goods or financial gains referred to in Articles 29 and 30 shall be punished by imprisonment with labor for not more than two years, or by a fine not exceeding 20 million won. <Amended by Dec. 24, 2018>
 Article 32 (Confiscation and Additional Collection)
Goods referred to in Articles 26 (1) and 29 through 31 shall be confiscated: Provided, That when it is impossible to confiscate the goods or when an offender has already received property benefits, the sum of money equivalent to property benefits shall be collected from him or her concurrently. <Amended on Nov. 26, 2019>
 Article 33 (Concurrent Imposition of Suspension of Qualification)
The suspension of qualification for not more than ten years may be concurrently imposed for an offense set forth under Articles 29 through 31.
 Article 34 (Penalty Provisions)
Any of the following persons shall be punished by imprisonment with labor for up to three years or by a fine not exceeding 30 million won: <Amended on Dec. 24, 2018; Nov. 26, 2019>
1. Any person who engages in publicity, in violation of Article 24 (3) 3;
2. A person who sells a betting ticket to a minor, in violation of Article 25 (1).
 Article 35 (Administrative Fines)
(1) A person who falls under any of the following subparagraphs shall be subject to an administrative fine not exceeding one million won: <Amended on Feb. 29, 2008>
1. A person who fails to obtain permission for matters subject to permission by the Minister of Culture, Sports and Tourism under Article 4 (1), 5 (1) or 9 (2);
2. A person who fails to obtain approval for matters subject to approval by the Minister of Culture, Sports and Tourism under Article 4 (2), 16 (2) or 19 (1);
3. A person who violates an order issued under Article 5 (2) or 23 (1);
4. A person who fails to file a report, or a person who files a false report, or a person who refuses, interferes with, or evades an inspection, under Article 23 (2).
(2) Administrative fines under paragraph (1) shall be imposed and collected by the Minister of Culture, Sports and Tourism as prescribed by Presidential Decree. <Amended on Feb. 29, 2008; May 29, 2016>
(3) Deleted. <May. 29, 2016>
(4) Deleted. <May 29, 2016>
(5) Deleted. <May 29, 2016>
ADDENDA <Act No. 8342, Apr. 11, 2007>
(1) (Enforcement Date) This Act shall enter into force on the date of its promulgation.
(2) (General Transitional Measures concerning Disposition, etc.) Acts performed by or against administrative agencies pursuant to previous provisions as at the time this Act enters into force shall be deemed acts by or against administrative agencies pursuant to this Act corresponding thereto.
(3) (Transitional Measures concerning Penalty Provisions or Administrative Fines) When penal provisions or provisions of administrative fines are applied to an act performed before this Act enters into force, the previous provisions shall be applicable.
(4) Omitted.
(5) (Relation to Other Statutes and Regulations) Where the previous Bicycle and Motorboat Racing Act or a provision thereof is cited in another statute or regulation as at the time this Act enters into force, this Act or the corresponding provision of this Act shall be deemed to have been cited in place of the previous provision if there is a corresponding provision in this Act.
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.
ADDENDUM <Act No. 9581, Apr. 1, 2009>
This Act shall enter into force three months after the date of its promulgation.
ADDENDA <Act No. 9685, May 21, 2009>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Articles 2 through 8 Omitted.
ADDENDA <Act No. 10553, Apr. 5, 2011>
(1) (Enforcement Date) This Act shall enter into force three months after the date of its promulgation.
(2) (Applicability concerning Devolving on the National Sports Promotion Fund) The amended provisions of Article 14 (2) shall apply to claims on the prize and right to request a refund on the purchasing price of which extinctive prescription are completed on and after this Act enters into force.
ADDENDUM <Act No. 10880, Jul, 21, 2011>
This Act shall enter into force on the date of its promulgation.
ADDENDUM <Act No. 12688, May 28, 2014>
This Act shall enter into force on the date of its promulgation.
ADDENDA <Act No. 14200, May 29, 2016>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Article 2 (Applicability to Statute of Limitations)
The amended provisions of Article 14 (1) shall apply to betting slips issued and sold on or after this Act enters into force.
Article 3 (Transitional Measures concerning Incompetent Persons, etc.)
Persons under adult guardianship or limited guardianship under the amended provisions of Article 7 (1) 1 shall be deemed including persons for whom declaration of incompetency or quasi-incompetency remains effective under Article 2 of the Addenda to the Civil Act as partially amended by Act No. 10429.
Article 4 (Transitional Measures concerning Accumulated Reserves for Improvement of Facility Environment)
The reserves for improvement of facility environment accumulated before this Act enters into force shall be deemed the reserves for business under the amended provisions of Article 17.
ADDENDA <Act No. 15260, Dec. 19, 2017>
Article 1 (Enforcement Date)
This Act shall enter into force on Jan. 1, 2018.
Article 2 (Transitional Measures concerning Use of Earnings)
The reserves of the earnings distributed pursuant to former Article 18 (1) 3 as at the time this Act enters into force shall be contributed to the National Sports Promotion Fund under the National Sports Promotion Act. Provided, That where a racing business entity is a local government, it shall use the reserves to subsidize the expansion of local finance in order to promote local sports under Article 18 (1) 2.
ADDENDUM <Act No. 15811, Oct. 16, 2018>
This Act shall enter into force six months after the date of its promulgation.
ADDENDUM <Act No. 16046, Dec. 24, 2018>
This Act shall enter into force six months after the date of its promulgation.
ADDENDA <Act No. 16172, Dec. 31, 2018>
Article 1 (Enforcement Date)
This Act shall enter into force three months after the date of its promulgation. (Proviso Omitted.)
Articles 2 through 4 Omitted.
ADDENDA <Act No. 16587, Nov. 26, 2019>
Article 1 (Enforcement Date)
This Act shall enter into force six months after the date of its promulgation.
Article 2 (Transitional Measures concerning Proceeds from Selling Tickets)
Proceeds from selling tickets under the previous provisions at the time this Act enters into force shall be deemed profits from selling tickets under this Act.
Article 3 (Transitional Measures concerning Penalty Provisions)
When penal provisions apply to any violation committed before this Act enters into force, the previous provisions shall apply thereto.
ADDENDUM <Act No. 17397, Jun. 9, 2020>
This Act shall enter into force six months after the date of its promulgation.
ADDENDUM <Act No. 17579, Dec. 8, 2020>
This Act shall enter into force on the date of its promulgation.
ADDENDUM <Act No. 17592, Dec. 8, 2020>
This Act shall enter into force on the date of its promulgation.