ENFORCEMENT DECREE OF THE INDUSTRIAL EDUCATION ENHANCEMENT AND INDUSTRY-ACADEMIA-RESEARCH COOPERATION PROMOTION ACT
Presidential Decree No. 18101, Sep. 19, 2003
Amended by Presidential Decree No. 20570, Jan. 31, 2008
Presidential Decree No. 20740, Feb. 29, 2008
Presidential Decree No. 21291, Feb. 3, 2009
Presidential Decree No. 25408, Jun. 30, 2014
Presidential Decree No. 25840, Dec. 9, 2014
Presidential Decree No. 26082, Feb. 3, 2015
Presidential Decree No. 26532, Sep. 22, 2015
Presidential Decree No. 26551, Sep. 25, 2015
Presidential Decree No. 26855, Dec. 31, 2015
Presidential Decree No. 27092, Apr. 12, 2016
Presidential Decree No. 27501, Sep. 21, 2016
Presidential Decree No. 27751, Dec. 30, 2016
Presidential Decree No. 28114, Jun. 20, 2017
Presidential Decree No. 28901, May 28, 2018
Presidential Decree No. 29421, Dec. 24, 2018
Presidential Decree No. 30235, Dec. 10, 2019
Presidential Decree No. 31296, Dec. 29, 2020
Presidential Decree No. 31767, Jun. 15, 2021
Presidential Decree No. 33342, Mar. 28, 2023
CHAPTER I GENERAL PROVISIONS
3. | A general high school that has departments or special courses tailored to or specialized for industrial demand; |
(2) | "Institutions prescribed by Presidential Decree" in subparagraph 2 (c) of Article 2 of the Act means the following institutions: <Amended on Sep. 25, 2015; Feb. 17, 2022> |
5. | The Korea Army Academy established at Youngcheon under the Act on the Establishment of the Korea Army Academy at Young-cheon; |
6. | The National Police University established under the Establishment of the Korean National Police University Act; |
8. | The Gwangju Institute of Science and Technology established under the Gwangju Institute of Science and Technology Act; |
9. | The Daegu Gyeongbuk Institute of Science and Technology established under the Daegu Gyeongbuk Institute of Science and Technology Act; |
10. | The Ulsan National Institute of Science and Technology established under the Ulsan National Institute of Science and Technology Act. |
(3) | "Research institutes fully meeting the standards prescribed by Presidential Decree" in subparagraph 5 (f) of Article 2 of the Act means research institutes, at least one half of the capital or assets of which have been invested or contributed by the State. |
Article 3 (Scope of Technologies to be Commercialized) |
"Technology prescribed by Presidential Decree" in subparagraph 8 of Article 2 of the Act means any of the following: 1. | Patents, utility models, designs, and other similar intellectual property rights, registered or claimed in an application pending for registration under the Patent Act, the Utility Model Act, the Design Protection Act, and other relevant Acts; |
2. | Capital goods into which the technology referred to in subparagraph 1 is integrated; |
3. | Information about the technology referred to in subparagraph 1 or 2; |
4. | Technological, scientific, or industrial know-how that can be transferred and commercialized. |
Article 4 (Policies for Career Counseling) |
The State and a local government shall formulate and implement policies for career counseling for students, including the following, to ensure that students can receive industrial education suitable for their aptitudes and abilities, pursuant to Article 3 (2) of the Act: 1. | Matters concerning establishment, and operation of a career counseling office in each school and placement of, training for faculty members in charge of career counseling; |
2. | Matters that require cooperation among faculty members in charge of career counseling, related experts, institutions, organizations, etc. for career counseling; |
3. | Development and diffusion of materials and programs necessary for career counseling for students; |
4. | Fostering institutions and organizations specializing in the collection, development, and provision of data and information about careers; |
5. | Other matters necessary for providing career counseling for students. |
CHAPTER II PROMOTION OF INDUSTRIAL EDUCATION
Article 5 (Annual Implementation Plans) |
(1) | The Minister of Education shall inform the heads of relevant central administrative agencies and the heads of local governments (hereinafter referred to as the "heads of relevant central administrative agencies, etc.") of guidelines for formulating implementation plans (hereinafter referred to as "guidelines for formulating implementation plans") by no later than the 31st day of October each year to enable them to formulate and promote their annual implementation plans prescribed in Article 5 (3) of the Act (hereinafter referred to as "implementation plan"). |
(2) | The Minister of Education may, if necessary for determining guidelines for formulating implementation plans, request the heads of relevant central administrative agencies, etc. to submit necessary materials. |
(3) | The heads of relevant central administrative agencies, etc. shall submit their implementation plans of the relevant year and the outcomes of promoting their implementation plans of the preceding year to the Minister of Education by no later than the 15th day of January each year. |
(4) | The Minister of Education shall integrate the implementation plans of the relevant year and the outcomes of promoting the implementation plans of the preceding year that he or she receives from the heads of relevant central administrative agencies, etc. pursuant to paragraph (3) and the implementation plan of the relevant year that he or she has formulated and the outcomes of promoting the implementation plan of the preceding year to undergo deliberation by the National Committee for Industry-Academia-Research Cooperation prescribed in Article 14 (1) of the Act (hereinafter referred to as the "Committee"). |
(5) | The Minister of Education shall inform the heads of relevant central administrative agencies, etc. of their implementation plans determined after undergoing deliberation by the Committee by no later than the 15th day of March each year. |
[This Article Wholly Amended on May 28, 2018]
Article 6 (Short-Term Industrial Education Facilities) |
(1) | The State or a local government shall establish a short-term industrial education facility as an affiliate with an industrial educational institution when establishing such facility pursuant to Article 6 of the Act. |
(2) | The period of a course provided by a short-term industrial education facility shall not exceed two years: Provided, That the period of a course at short-term industrial education facilities recognized by the Minister of Education under Article 6 (3) of the Act shall be the term of school years specified in Article 48 (1) of the Higher Education Act. <Amended on Jun. 15, 2021> |
(3) | The number of students per class in a short-term industrial education facility shall be up to 50 persons. <Amended on Sep. 21, 2016> |
(4) | Faculty members and administrative staff members of a short-term industrial education facility may concurrently work as faculty members and administrative staff members of an industrial education institution that has established the short-term industrial education facility. In such cases, the Minister of Education may separately prescribe regulations on the placement of faculty members and administrative staff members of industrial education institutions, based upon their curricula, notwithstanding the provisions concerning the placement of faculty members and administrative staff members under the Enforcement Decree of the Elementary and Secondary Education Act, and the Regulations on the Establishment and Operation of Universities and Colleges. <Amended on Mar. 23, 2013> |
Article 7 (Establishment and Operation of Vocational Education and Training Courses by Agreement) |
(1) | Where an industrial educational institution establishes and operates a vocational education and training course by agreement (hereinafter referred to as "vocational education and training course") pursuant to Article 8 (1) of the Act, it shall ensure that such vocational education and training course does not hinder the education of students attending the industrial educational institution. |
(2) | Where an industrial educational institution enters into an agreement with the State, local governments, industrial enterprises, business organizations or vocational organizations (hereinafter referred to as "industrial enterprises, etc.") to establish and operate a vocational education and training course, the agreement shall include the followings: <Amended on May 28, 2018> |
1. | Name of the vocational education and training course; |
2. | Organization and operation of the vocational education and training course; |
3. | Total number of vocational trainees and the selection of such trainees; |
4. | Expenses to be incurred in operating the vocational education and training course, and the allocation of such expenses (including the guidelines for calculation of expenses and the method of allocation); |
5. | Education and training fees to be paid by vocational trainees; |
6. | The period for which the vocational education and training course is established and operated. |
(3) | Trainees for each vocational education and training course shall be selected, based upon the results of practical tests, aptitude tests, experiments, practice, and interviews, recommendations by the State, a local government, or an industrial enterprise, work experience, etc., and each industrial educational institution shall adopt and apply various methods and standards to base trainees’ selection on their talent, aptitude, ability, etc. |
(4) | The total number of trainees for each vocational education and training course shall be stipulated by an agreement concluded between an industrial educational institution, and the State, a local government, or an industrial enterprise for each vocational education and training course to the extent that the vocational education and training course does not hinder the education of the industrial educational institution, considering the educational conditions of the industrial educational institution, such as the number of students per faculty member, and the standard surface area of school buildings per student, and the projected supply of, and demand for human resources. |
(5) | The total amount of education and training fees to be paid by trainees for each vocational education and training course shall not exceed 50/100 of expenses incurred in operating the vocational education and training course prescribed in paragraph (2) 4. |
Article 8 (Establishment and Operation of Departments and Faculties by Agreement) |
(1) | Where an industrial educational institution establishes and operates departments and faculties under an agreement pursuant to Article 8 (1) of the Act (hereinafter referred to as "agreed departments, etc."), such departments, etc. shall provide high school courses, associate degree courses, bachelor's degree courses, master's degree courses, or doctorate courses, whichever the industrial educational institution has been authorized to establish and operate under the Elementary and Secondary Education Act or the Higher Education Act: Provided, That technical high schools, among industrial educational institutions, and various schools defined under subparagraph 7 of Article 2 of the Higher Education Act, which have not been authorized to establish and operate any degree course, may establish and operate agreed any departments, etc. other than high school courses or degree courses. |
(2) | An industrial educational institution that intends to establish and operate agreed departments, etc. shall prescribe the following matters by its regulations (hereinafter referred to as "school regulations"): |
1. | Names of the agreed departments, etc.; |
2. | Organization and administration of educational courses; |
3. | Standards and methods for admission of students; |
4. | The total number of students; |
5. | Expenses to be incurred in operating the agreed departments, etc. and the allocation of such expenses; |
6. | Tuition fees and other charges to be paid by students; |
7. | Semesters and the number of school days; |
8. | The period specified for the establishment and operation of the agreed departments, etc.; |
9. | Protection of students attending the agreed departments, etc., if the agreed departments, etc. are to be abolished before the end of the period specified for the establishment and operation thereof. |
(3) | Classes of agreed departments, etc. shall be conducted in the form of regular class attendance, field practice, distance learning, etc., as prescribed by school regulations. |
(4) | The methods of selecting students for agreed departments, etc. shall be classified as follows: <Amended on Mar. 28, 2023> |
2. | In the case of agreed departments, etc. under Article 8 (1) 2 of the Act, school regulations shall apply according to contracts with the State, local governments, or industrial enterprises, etc. |
1. | In the case of agreed departments, etc. under Article 8 (1) 1 of the Act: 20/100 of the total number of students admitted in the relevant school year or 20/100 of the total number of students admitted in the relevant school year: Provided, That where an industrial educational institution establishes agreed departments, etc. in the fields of high-tech industries determined and publicly notified by the Minister of Education, such as artificial intelligence and big data, it shall be 50/100; |
2. | In cases of the agreed departments referred to in Article 8 (1) 2 of the Act: 20/100 of the number or total number of all students admitted for each school year: Provided, That it shall be 50/100 if the Minister of Education deems it necessary to enlarge the number or total number of all students admitted for each school year, in consideration of the demand of industrial enterprises, etc. |
(6) | Where agreed departments, etc. are established and operated, the contribution granted by the State, a local government, or an industrial enterprise shall be at least 50/100 of the expenses incurred in operating the agreed departments, etc. under paragraph (2) 5. |
(7) | Notwithstanding paragraph (6), where an industrial educational institution located in an area other than the Seoul Metropolitan Area under the Seoul Metropolitan Area Readjustment Planning Act (limited to universities or colleges defined in subparagraph 2 (c) of Article 2 of the Act) under the Seoul Metropolitan Area Readjustment Planning Act establishes and operates a contract department, etc. (referring to a contract department, etc. defined in Article 8 (1) 1 of the Act) in the field of high-tech industries determined and publicly notified by the Minister of Education, such as artificial intelligence, big data, etc. under a contract with an industrial enterprise, etc., the contributions to be borne by such industrial enterprise, etc. may be less than 50/100 of the expenses incurred in operating the contract department, etc. <Newly Inserted on Mar. 28, 2023> |
(8) | Where the contributions of an industrial enterprise, etc. are less than 50/100 of the expenses incurred in operating the agreed departments, etc. pursuant to paragraph (7), the tuition fees, etc. to be paid by students shall not exceed 50/100 of the expenses incurred in operating the agreed departments, etc. <Newly Inserted on Mar. 28, 2023> |
(9) | The establishment and operation period of agreed departments, etc. shall be at least the minimum period during which students enrolled in the agreed departments, etc. can obtain a degree or recognition of their academic background. <Amended on Mar. 28, 2023> |
(10) | Where a person who enters an agreed department or faculty under Article 8 (1) 2 of the Act has work experience related to the curriculum, the head of an industrial educational institution may recognize that he or she has completed the curriculum within the limit of 20/100 of the curriculum for the agreed department or faculty. <Amended on Mar. 28, 2023> |
(11) | The head of an industrial educational institution (limited to universities or colleges defined in subparagraph 2 (c) of Article 2 of the Act) may amend an implementation plan for the screening of applicants for admission to universities or colleges under Article 34-5 (4) of the Higher Education Act pursuant to the proviso of Article 34-5 (6) of that Act, if all of the following requirements are satisfied: <Newly Inserted on Mar. 28, 2023> |
1. | Where it is inevitable to modify the plan due to changes in the employment environment and employment conditions of the industrial enterprises, etc.; |
2. | Where the reorganization of agreed departments, etc. or an increase or decrease in the maximum number of students under Article 8 (1) 1 of the Act is accompanied. |
(12) | Except as provided in paragraphs (1) through (11), matters necessary for the establishment and operation of agreed departments, etc. shall be determined and publicly notified by the Minister of Education. <Newly Inserted on Jun. 20, 2017; Mar. 28, 2023> |
Article 8-2 (Operation of Contractual Quota) |
(1) | Where the State, a local government, or an industrial educational institution requests the State, a local government, or an industrial enterprise, etc. to operate educational courses to train human resources in the high-tech industries determined and publicly notified by the Minister of Education, such as artificial intelligence and big data, which are preferentially utilized by the State, a local government, or an industrial enterprise, etc. pursuant to the latter part of Article 8 (1) of the Act, with the exception of its subparagraphs, the industrial educational institution may operate some of the number of students or the maximum number of students of the relevant department or faculty under an agreement with the State, a local government, or an industrial enterprise, etc. (hereinafter referred to as "contracted maximum number of students"). |
[This Article Newly Inserted on Mar. 28, 2023]
[Previous Article 8-2 Moved to Article 8-3 <Mar. 28, 2023>]
Article 8-3 (Procedures for Reporting Agreed Departments) |
(1) | The head of an industrial educational institution that intends to establish and operate an agreed department or faculty in accordance with Article 8 (1) of the Act shall submit to the Minister of Education a written report on a plan for establishment and operation of agreed departments, etc. prescribed by Ordinance of the Ministry of Education by no later than two weeks before the date of signing the agreement in accordance with Article 8 (2) of the Act. |
(2) | The head of an industrial educational institution that intends to abolish an agreed department or faculty shall submit to the Minister of Education a written report on a plan for abolishment of agreed departments, etc. prescribed by Ordinance of the Ministry of Education by no later than two weeks before the scheduled date for abolishment in accordance with Article 8 (3) of the Act. |
[This Article Newly Inserted on Sep. 22, 2015]
[Moved from Article 8-2 <Mar. 28, 2023>]
Article 9 (Joint Operation of Agreed Departments, etc.) |
An industrial educational institution that intends to establish and operate agreed departments, etc. jointly with other industrial educational institutions under an agreement pursuant to Article 8 (1) of the Act shall stipulate the requirements to award academic degrees in the agreement.
Article 9-2 (Restrictions on Establishment of Agreed Departments, etc.) |
"Period specified by Presidential Decree" in Article 8-2 (1) and (2) of the Act means the period specified by the Minister of Education within a maximum of three years, respectively. [This Article Newly Inserted on Sep. 22, 2015]
Article 10 (Industrial Consulting Service) |
Upon receipt of a request by the head of an industrial enterprise to provide industrial consulting service or to consult him or her on the use of research equipment under Article 9 of the Act, an industrial teacher or the head of an industrial educational institution shall give written notice of the grounds therefor if he or she is unable to accept the request. The same shall also apply where the head of an industrial enterprise receives a request by an industrial teacher to consult him or her on the use of research equipment.
Article 11 (Standards for Facilities and Equipment) |
Article 12 (Training of Human Resources for Industrial Technology) |
"Matters prescribed by Presidential Decree" in Article 11-2 (1) 9 of the Act means the following: 1. | Collecting information about the training of human resources for industrial technology; |
2. | Promoting job creation for human resources for industrial technology and facilitating their employment; |
3. | Other matters deemed necessary for training human resources for industrial technology. |
Article 13 (Entities Eligible for Contributions or Subsidies for Training Human Resources for Industrial Technology) |
"Institution or organization prescribed by Presidential Decree" in Article 11-2 (2) of the Act means an institution referred to in the subparagraphs of Article 2 (2).
Article 13-2 (Operation of In-Service Training) |
(1) | The in-service training under Article 11-3 (1) of the Act (hereinafter referred to as "in-service training") shall have a ratio of at least 10/100 of the hours of education related to duties, out of the total practice hours (referring to the aggregate of hours of practical training on duty and hours of education related to duties; hereinafter the same shall apply). |
(2) | "Standards prescribed by Presidential Decree" in Article 11-3 (3) of the Act means multiplying all of the following: |
1. | Unit practice hours determined and announced by the Minister of Education; |
2. | Ratio of hours of practical training on duty out of the total practice hours; |
(3) | Except as provided in paragraphs (1) and (2), details regarding the operation of in-service training shall be determined and publicly notified by the Minister of Education. |
[This Article Newly Inserted on Jun. 15, 2021]
Article 14 (Evaluation and Reflection of Achievements of Industry-Academia-Research Cooperation) |
Pursuant to Article 12-2 of the Act, the head of an industrial educational institution shall establish standards for evaluation of achievements and performance of industrial teachers who participate in industry-academia-research cooperation in order to properly evaluate their achievements and performance, and reflect them in evaluation, promotion, remuneration, etc.
Article 15 (Supply of New Instruments and Technology) |
(1) | The State and a local government shall establish and implement a plan to supply new instruments and technology referred to in Article 13 (1) of the Act to industrial educational institutions. |
(2) | The new instruments and new technology referred to in paragraph (1) shall be those recommended by the Minister of Trade, Industry and Energy, and the heads of industrial enterprises, etc. that have developed and produced a new instrument or new technology, to the Minister of Education. <Amended on Mar. 23, 2013> |
Article 15-2 (Designation of Industrial Education Center) |
(1) | The standard for designating industrial education centers referred to in Article 13 (2) 1 of the Act shall be as follows: |
1. | It shall be an institution or organization falling under any of the following: |
(c) | Non-profit-making juristic person established pursuant to Article 32 of the Civil Act with the aim of running business related to education including industrial education; |
2. | It shall have a separate meeting room and office necessary for providing and assisting industrial education. |
(2) | An institution or organization which intends to be designated as an industrial education center referred to in Article 13-2 (1) of the Act shall file an application with the Minister of Education by attaching the following documents (including documents in electronic form) to the designation application form prescribed by Ordinance of the Ministry of Education: |
1. | Articles of incorporation or internal regulations; |
2. | Documents regarding the actual status of human resources and facilities; |
3. | Business plan related to industrial education; |
4. | Other documents prescribed by Ordinance of the Ministry of Education. |
(3) | When the Minister of Education designates an industrial education center pursuant to Article 13-2 (1) of the Act, he or she shall issue a certificate of designation prescribed by Ordinance of the Ministry of Education to an institution or organization that filed an application for designation. |
(4) | Matters necessary for designation, etc. of an industrial education center, other than those prescribed in paragraphs (2) and (3), shall be determined and publicly notified by the Minister of Education. |
[This Article Newly Inserted on Jun. 20, 2017]
CHAPTER II-2 NATIONAL COMMITTEE FOR INDUSTRY-ACADEMIA-RESEARCH COOPERATION
Article 15-3 (Organization of Committee) |
(1) | "The heads of central administrative agencies and public officials prescribed by Presidential Decree" in Article 15 (2) 1 of the Act means the Minister of Strategy and Finance, the Minister of Education, the Minister of Science and ICT, the Minister of the Interior and Safety, the Minister of Trade, Industry and Energy, the Minister of Employment and Labor, the Minister of SMEs and Startups, and the Minister of the Office for Government Policy Coordination. |
(2) | The term of office of members commissioned pursuant to Article 15 (2) 2 of the Act shall be two years, and they may be re-appointed only once. |
[This Article Newly Inserted on May 28, 2018]
Article 15-4 (Dismissal of Members) |
Where a member commissioned pursuant to Article 15 (2) 2 of the Act falls under any of the followings, the President may dismiss the relevant member: 1. | Where the member becomes unable to perform his or her duties due to mental or physical disability; |
2. | Where the member commits a misdeed in connection with his or her duties; |
3. | Where the member is recognized to be unsuitable to be a member on such grounds as neglecting duties, injury to dignity and others; |
4. | Where the member himself or herself expresses that he or she has difficulties in performing his or her duties. |
[This Article Newly Inserted on May 28, 2018]
Article 15-5 (Operation of Committee) |
(1) | Where a chairperson appointed by the President as an acting chairperson pursuant to Article 15 (4) of the Act is unable to perform his or her duties due to unavoidable causes, the member appointed by the Prime Minister in advance shall act for him or her. |
(2) | Where the chairperson intends to convene a meeting, he or she shall inform each member of the Committee of the matters to be referred to the meeting not later than seven days before the meeting date: Provided, That the same shall not apply where it requires urgency or there is any unavoidable cause. |
(3) | A majority of members of the Committee shall constitute a quorum, and any decision thereof shall require the concurring vote of a majority of those present. |
[This Article Newly Inserted on May 28, 2018]
Article 15-6 (Hearing Opinions) |
The Committee may, if necessary for deliberating on matters referred to its meetings and for handling other affairs, request relevant institutions and experts to submit materials or opinions, or request relevant persons to appear to hear their opinions.
[This Article Newly Inserted on May 28, 2018]
Article 15-7 (Requests for Investigation and Research) |
(1) | The Committee may, if necessary for deliberating on matters referred to its meetings and handling affairs, request relevant specialized institutions or experts in Korea or foreign countries to conduct investigations or research. |
(2) | Where an investigation or research is requested pursuant to paragraph (1), the costs incurred in relation thereto may be paid within budgetary limits. |
[This Article Newly Inserted on May 28, 2018]
Article 15-8 (Allowances) |
Allowances may be paid to members and relevant persons who appear in the Committee and experts, etc. who submit their opinions to the Committee within budgetary limits: Provided, That the same shall not apply where a member who is a public official appears in the Committee in direct connection with his or her duties.
[This Article Newly Inserted on May 28, 2018]
Article 15-9 (Detailed Rules for Operation) |
Except as provided in Articles 15-3 through 15-8, the chairperson shall determine matters necessary for operating the Committee by undergoing resolutions by the Committee. [This Article Newly Inserted on May 28, 2018]
CHAPTER III SUBSIDIZATION BY STATE FOR FACILITIES FOR EXPERIMENTS AND PRACTICE
Article 16 (Standards for Subsidization by State) |
Expenses to be subsidized by the State, within budgetary limits, under Articles 18 through 20 of the Act shall be determined according to the following standards: 1. | A subsidy for expenses to install facilities, etc. under Articles 18 (2) and 20 (2) of the Act shall be at least 1/3 of the expenses incurred in installing facilities and equipment necessary for experiments and practice for industrial education; |
2. | A subsidy for expenses incurred in operating facilities for experiments and practice under Article 19 (2) of the Act and for experiments and practice in such facilities shall be at least 1/2 of the expenses; |
3. | A subsidy for expenses incurred in the in-service training of industrial teachers under Article 19 (3) of the Act shall be the full amount of travel expenses and training fees reimbursed to the teachers who undergo such in-service training. |
Article 17 (Subsidies for Publication of Textbooks) |
(1) | The following textbooks are eligible for State subsidies to partially cover the expenses incurred in the publication thereof under Article 22 (2) of the Act: <Amended on Mar. 23, 2013> |
1. | Textbooks for industrial education of which the copyright is owned by the Ministry of Education; |
2. | Textbooks for industrial education published with authorization from the Minister of Education; |
3. | Textbooks approved for industrial education. |
(2) | A partial subsidy granted under paragraph (1) shall be at least 2/10, but not exceed 5/10 of the total expenses incurred in publishing textbooks referred to in paragraph (1). |
Article 18 (Criteria for Payment of Scholarships) |
The Regulations on Scholarships shall apply mutatis mutandis to the payment of scholarships under Article 23 of the Act.
CHAPTER IV PROMOTION OF INDUSTRY-ACADEMIA-RESEARCH COOPERATION
Article 19 (Registration for Establishment of Foundations for Industry-Academia Cooperation) |
(1) | Matters to be registered for establishing a foundation for industry-academia cooperation under Article 25 (3) of the Act are as follows: |
3. | Location of principal office; |
4. | Name and address of the chairperson; |
5. | Method of making public announcement. |
(2) | An application to register the establishment of a foundation for industry-academia cooperation shall be accompanied by the following: |
1. | A copy of school regulations that prescribe the matters concerning the establishment of the foundation for industry-academia cooperation; |
2. | A copy of articles of association of the foundation for industry-academia cooperation (hereinafter referred to as "articles of association"); |
3. | A copy of the chairperson's letter of acceptance of appointment. |
Article 20 (Affairs of Foundations for Industry-Academia Cooperation) |
Matters prescribed by Presidential Decree in Article 27 (1) 8 of the Act means the following matters: Provided, That an industry-academic cooperation foundation may choose not to perform all or some of the matters referred to in subparagraphs 8 through 11 as affairs of the industry-academic cooperation foundation, as prescribed by its articles of incorporation, taking into consideration the number of researchers and employees of the industry-academic cooperation foundation, the location of its office, etc.: <Amended on Jun. 30, 2014; Jun. 28, 2022> 1. | Overall planning and coordination of industry-academia-research cooperation within the relevant university; |
2. | Deleted; <Jun. 30, 2014> |
3. | Assistance to students in finding jobs through industry-academia-research cooperation; |
6. | Collection and provision of information about the supply of, and demand for industry-academia-research cooperation, relevant activities, and public relations activities; |
7. | Education and training of personnel in charge of affairs related to industry-academia-research cooperation; |
8. | Management of intellectual property rights held either solely by faculty members of the relevant university or jointly with any person other than faculty members, in connection with industry-academia-research cooperation, under outsourcing; |
9. | Assistance in collaborative activities between the relevant university and the cooperative research institutes defined under Article 37 (1) of the Act (hereinafter referred to as "cooperative research institutes"); |
10. | Assistance to enterprises, research institutes, etc. situated within the premises of the relevant university in a technopark, if all or part of the premises of the relevant university is situated within a technopark defined under subparagraph 1 of Article 2 of the Act on Special Cases concerning Support for Technoparks (hereinafter referred to as "technopark"); |
11. | Other assistance to enterprises, research institutes, etc. established and operated within the premises of the relevant university. |
Article 21 (Revenues of Foundations for Industry-Academia Cooperation) |
"Earnings prescribed by Presidential Decree, such as interest income" in Article 31 (1) 7 of the Act means any of the following: 2. | Usage fees paid by other universities, industrial enterprises, etc. for the use of facilities or equipment for research, experiments, or practice owned by the relevant foundation for industry-academia cooperation. |
Article 22 (Payment of Rewards) |
(1) | The amount of rewards to be paid to a faculty member or student who has contributed to funding of a foundation for industry-academia cooperation under Article 32 (1) 4 of the Act shall be determined according to the nature and amount of the funding, the level of his or her contribution, etc., and detailed guidelines for payment shall be stipulated by the articles of association: Provided, That this shall not apply where other statutes expressly prescribe otherwise regarding the payment of rewards. |
(2) | Rewards under paragraph (1) shall be paid by the chairperson of a foundation for industry-academia cooperation (hereinafter referred to as "chairperson"), subject to approval of the head of the relevant university. |
Article 23 (Expenditure by Foundations for Industry-Academia Cooperation) |
"Expenses prescribed by Presidential Decree" in Article 32 (1) 8 of the Act means expenses incurred in conducting the following business affairs: 1. | Acquisition and management of intellectual property rights under Article 27 (1) 3 of the Act; |
2. | Transfer of technologies and promotion of commercialization of technologies under Article 27 (1) 5 of the Act; |
Article 24 (Accounting of Foundations for Industry-Academia Cooperation) |
(1) | All revenues and expenditures of a foundation for industry-academia cooperation shall be recorded in the books of account of the foundation for industry-academia cooperation. |
(2) | For accounting purposes, a foundation for industry-academia cooperation may keep separate books of account by financial source or by business unit, as prescribed by statutes relevant to industry-academia-research cooperation or relevant agreements on industry-academia-research cooperation. |
Article 25 (Accounting Agencies of Foundations for Industry-Academia Cooperation) |
(1) | The chairperson shall manage administrative affairs related to the revenues and expenditures of the foundation for industry-academia cooperation. |
(2) | The chairperson may delegate administrative affairs regarding issuing orders to collect revenues or make disbursements to subordinate staff of the foundation for industry-academia cooperation. |
(3) | Each foundation for industry-academia cooperation shall have an officer in charge of revenues and an officer in charge of expenditures as executive authorities for its revenues and expenditures. |
(4) | The officer in charge of revenue, and the officer in charge of expenditures under paragraph (3) shall each be appointed by the chairperson: Provided, That one person may be appointed as the officer in charge of both revenues and expenditures depending upon the scale of the foundation for industry-academia cooperation. |
Article 26 (Methods for Payments by Foundations for Industry-Academia Cooperation) |
(1) | A payment by a foundation for industry-academia cooperation shall be made by the officer in charge of expenditures appointed under Article 25 (3) only when the officer is ordered to make such payment. |
(2) | Payments by a foundation for industry-academia cooperation shall be made by a check payable by a financial institution or by a transfer to a bank account: Provided, That an amount stipulated as small sum by the articles of association may be paid in cash. |
Article 27 (Accounting of Foundations for Industry-Academia Cooperation) |
(1) | Every foundation for industry-academia cooperation shall keep its accounting based fairly on objective documents and evidence to ensure reliability. |
(2) | Every foundation for industry-academia cooperation shall prepare financial statements. |
(3) | The financial statements referred to in paragraph (2) shall be comprised of a statement of financial position, a management statement, and a statement of cash flows. |
(4) | Further details necessary for keeping accounting and preparing financial statements under paragraphs (1) through (3) shall be determined and publicly notified by the Minister of Education. <Amended on Mar. 23, 2013> |
Article 28 (Budgeting and Settlement of Accounts of Foundations for Industry-Academia Cooperation) |
(1) | A foundation for industry-academia cooperation shall have a deliberative body as prescribed by its articles of association, for the deliberation on its budgeting and settlement of accounts. <Newly Inserted on Apr. 12, 2016> |
(2) | The chairperson shall draw up a budget bill on the total income and total expenditure every business year, and submit the budget bill, after deliberation by the deliberative body under Article (1), to the head of the relevant university by not later than 20 days before the beginning of a business year. <Newly Inserted on Apr. 12, 2016> |
(3) | The head of a university shall confirm the budget bill of the foundation for industry-academia cooperation by not later than 10 days before the beginning of the business year of the foundation for industry-academia cooperation. <Newly Inserted on Apr. 12, 2016> |
(4) | The chairperson shall submit a settlement of accounts, after deliberation by the deliberative body under Article (1), to the head of the relevant university within 60 days after the end of each business year of the foundation for industry-academia cooperation. <Amended on Apr. 12, 2016> |
(5) | The settlement of accounts referred to in paragraph (4) shall be accompanied by the following documents: <Amended on Apr. 12, 2016> |
1. | A statement of financial position and accompanying statements; |
2. | A management statement and accompanying documents; |
3. | A statement of cash flows; |
4. | Other accompanying documents. |
(6) | The head of a university shall confirm the settlement of accounts of the relevant foundation for industry-academia cooperation within 70 days after the end of the business year of the foundation for industry-academia cooperation. <Amended on Apr. 12, 2016> |
[Title Amended on Apr. 12, 2016]
Article 29 (Keeping and Disclosure of Settlements of Accounts) |
(1) | The chairperson shall keep the settlements of accounts for five years at the principal place of business after confirmation under Article 28 (6). <Amended on Apr. 12, 2016> |
(2) | The head shall disclose a settlement of accounts upon receipt of a request to disclose it from an interested person. |
The head of a university shall authorize employees or external experts to audit the current situation of property and accounts of the relevant foundation for industry-academia cooperation at least annually, as prescribed by school regulations.
Article 31 (Plans of Establishment and Operation of School Enterprises) |
(1) | The head of an industrial educational institution that intends to establish and operate a school enterprise under Article 36 (1) of the Act (hereinafter referred to as "school enterprise") shall formulate a plan to establish and operate the school enterprise (hereafter referred to as "establishment and operation plan" in this Article), which includes the following: |
1. | The location of the school enterprise; |
2. | Lines of business and the related faculty, department, or curriculum; |
3. | Current status of personnel in charge; |
5. | Methods of managing facilities, equipment, machinery, and materials. |
(2) | The head of an industrial educational institution shall collect opinions from students, faculty members, and other people via the Internet, the newsletter of the industrial educational institution, etc. to formulate an establishment and operation plan. |
(3) | The head of an industrial educational institution shall include the matters specified in paragraph (1) 1 and 2 in its school regulations upon formulating an establishment and operation plan. |
(4) | An industrial educational institution that intends to establish and operate a school enterprise shall file for business registration in the name of the head of the industrial educational institution with the head of the tax office having jurisdiction over the location of the school enterprise, prescribed in the Value-Added Tax Act. |
Article 32 (Locations of School Enterprises) |
(1) | A school enterprise shall be situated at either of the following places, but an industrial educational institution in the Special Metropolitan City or a Metropolitan City, Do, or Special Self-Governing Province may establish a school enterprise outside the school building or premises, if necessary for the education of students: |
(2) | Notwithstanding paragraph (1), if the head of an industrial educational institution situated outside of Jeju Special Self-Governing Province intends to establish and operate a school enterprise within Jeju Special Self-Governing Province, no restriction within Jeju Special Self-Governing Province shall be imposed regarding the location of the school enterprise. |
Article 33 (Lines of Business of School Enterprises) |
Lines of business an industrial educational institution can conduct upon establishing and operating a school enterprise shall be those listed in the Korean Standard Industrial Classification published by the Commissioner of the Korea National Statistical Office under Article 22 of the Statistics Act, excluding the lines of business listed in the annexed Table. In such cases, the line of business shall be related to educational or research activities of a particular faculty, department, or curriculum established and operated by the relevant industrial educational institution.
Article 34 (Limits on Expenses for Establishment and Operation of School Enterprises) |
The head of an industrial educational institution may use up to 10/100 of the annual gross income in the accounts of the industrial educational institution as expenses incurred in the establishment and operation of the relevant school enterprise, considering the following factors: Provided, That donations for a specified purpose shall not be included in the annual gross income in the accounts of the industrial educational institution:
1. | The lines of business of the relevant school enterprise and the number of school enterprises; |
2. | The number of faculties, departments, or curricula involved in school enterprises; |
3. | The number of school employees and students involved in school enterprises. |
Article 35 (Supporting Organizations for School Enterprises) |
(1) | An industrial educational institution may establish an organization supporting school enterprises as an affiliate of the industrial educational institution or a foundation for industry-academia cooperation. |
(2) | The supporting organization established under paragraph (1) may employ researchers and other staff members to operate school enterprises effectively. |
Article 36 (Selection of Industrial Enterprises for In-Service Training, etc.) |
(1) | The head of an industrial educational institution shall give priority to utilizing school enterprises for in-service training and research of students and faculty members. |
(2) | If the head of an industrial educational institution finds that a school enterprise is appropriate for in-service training of students, considering its facilities and equipment, the adequacy of its educational and training programs, the number and composition of its personnel, the conditions of practical training, welfare, etc., he or she may select the school enterprise as an industrial enterprise for in-service training under Article 8 of the Vocational Education and Training Promotion Act. |
(3) | A student who intends to undergo in-service training provided by a school enterprise selected as an industrial enterprise for in-service training under paragraph (2) shall enter into an agreement on the in-service training with the head of the relevant industrial educational institution by no later than seven days before the beginning of such training in the standard form agreement prescribed under Article 6 of the Enforcement Decree of the Vocational Education and Training Promotion Act. |
(4) | The head of an industrial educational institution shall ensure that the students of a department related to a school enterprise finish in-service training at the school enterprise, as prescribed by school regulations. |
Article 37 (Recognition of Credits from In-Service Training) |
(1) | The head of an industrial educational institution may recognize the completion of an in-service training course at a school enterprise under Article 36 as completion of credits, class hours, or a curriculum in the industrial educational institution within 1/4 of the credits, class hours, or the curriculum to take for graduation from the industrial educational institution, as prescribed by school regulations. |
(2) | When the head of an industrial educational institution intends to recognize the completion of an in-service training course at a school enterprise under paragraph (1) as completion of credits, class hours, or a curriculum, he or she shall specify the credits, class hours, or the percentage of completion of the curriculum for the relevant in-service training semester, practical training period, or practical training hours in the relevant school regulations. |
Article 38 (Budget of School Enterprises) |
(1) | The head of an industrial educational institution shall compile and execute a budget for school enterprises within the limits prescribed by budget-related statutes relevant to industrial educational institutions for each fiscal year of the industrial educational institution. |
(2) | Further details necessary for compiling and executing a budget for school enterprises under paragraph (1) shall be determined and publicly notified by the Minister of Education. <Amended on Mar. 23, 2013> |
Article 39 (Accounting of School Enterprises) |
(1) | The head of an industrial educational institution shall keep the books of account of school enterprises fairly in accordance with principles of double-entry bookkeeping based on objective documents and evidence. |
(2) | Financial statements and consolidated financial statements shall be prepared for keeping the accounts of school enterprises under paragraph (1). |
(3) | The financial statements and consolidated financial statements referred to in paragraph (2) shall be comprised of a statement of financial position, a management statement, and a statement of cash flows. |
(4) | Further details about accounting and preparation of financial statements and consolidated financial statements under paragraphs (1) through (3) shall be determined and publicly notified by the Minister of Education. <Amended on Mar. 23, 2013> |
Article 40 (Rewards to School Employees) |
(1) | When net income is generated from a school enterprise, the head of the relevant industrial educational institution may pay rewards to the school employees and students who have contributed directly to the generation of the income. In such cases, rewards to students shall be paid preferentially as scholarships. |
(2) | The head of an industrial educational institution that intends to pay rewards under paragraph (1) shall consider the nature and amount of net income, the level of contribution of related school employees and students to the relevant school enterprise, etc. in determining the amount of rewards, and detailed guidelines for payment thereof shall be prescribed by school regulations. |
Article 41 (Detailed Rules for Operation of School Enterprises) |
Except as otherwise expressly provided for in this Decree, the head of an industrial educational institution may prescribe further details necessary for establishing and operating school enterprises by its detailed rules for operation.
Article 42 (Founders of Technology Holding Companies and Requirements for Establishment) |
(1) | "Industrial educational institution specified by Presidential Decree" in the provisions, with the exception of the subparagraphs, of Article 36-2 (1) of the Act means the institutions under the subparagraphs of Article 2 (2). <Amended on Dec. 10, 2019> |
(2) | "Standards prescribed by Presidential Decree" in Article 36-2 (2) 4 of the Act means the following: <Amended on Jun. 30, 2014; Dec. 29, 2020> |
1. | There must be at least one professional who is always in charge of the business of the technology holding company under Article 36-2 (4) of the Act; |
2. | There must be a dedicated space. |
[Title Amended on Jun. 30, 2014]
Article 43 (Business Activities of Technology Holding Companies) |
"Business activities prescribed by Presidential Decree" in Article 36-2 (4) of the Act means the following activities: <Amended on Feb. 3, 2015; Apr. 12, 2016> 1. | Advising subsidiaries on technology and management; |
2. | Assisting subsidiaries in making initial public offerings; |
3. | A merger between a subsidiary and other company, sale of all or some of the stocks of a subsidiary, transfer of all or part of the business of a subsidiary, or the division of a subsidiary; |
4. | Assisting a subsidiary in procuring funds; |
4-2. | Leasing facilities to subsidiaries; |
5. | Transferring technology owned by a technology holding company established for industry-academia-research cooperation (hereinafter referred to as "technology holding company") to a subsidiary, commercializing such technology, and promoting the transfer and commercialization of technology owned by subsidiaries; |
6. | Activities for publicity, education, training, and marketing for subsidiaries; |
7. | Cooperating with business incubators, laboratory factories, cooperative research institutes provided for in Article 37 (1) of the Act, and enterprises and research institutes established and operated in a technopark or school premises; |
8. | Transferring technologies owned by a technology holding company to industrial enterprises; |
9. | Creating or operating an investment association to commercialize technologies owned by a technology holding company or invested in subsidiaries; |
10. | Facilitating the transfer of technologies owned by the relevant industrial education institution or research institute to industrial enterprises, etc. and the commercialization of such technologies; |
11. | Assisting industrial institutions and companies, other than the relevant industrial education institution and subsidiaries, in technology, management, education, and training. |
Article 44 (Companies Qualified for Subsidiaries) |
"Company prescribed by Presidential Decree" in Article 36-3 (2) of the Act means any of the following companies: <Amended on Jul. 26, 2012; Mar. 28, 2023> (a) | The relevant industrial educational institution; |
(b) | Industrial educational institutions other than those referred to in item (a); |
Article 45 (Grounds for Exemption from Obligation to Hold Stocks of Subsidiaries) |
"Where there exist reasons prescribed by Presidential Decree" in the proviso of Article 36-4 (4) of the Act means the following cases: <Amended on Feb. 3, 2015; Dec. 29, 2020> 1. | Where 10 years have not passed since a technology holding company failed to meet the standards for holding stocks of subsidiaries due to a transfer of stock; |
2. | Where 10 years have not passed since a technology holding company failed to meet the standards for holding stocks of subsidiaries due to a subsidiary’s merger with another company; |
3. | Where 10 years have not passed since a technology holding company failed to meet the standards for holding stocks of subsidiaries by preferentially allocating stocks of a subsidiary to members of the employee stock ownership association of the subsidiary, out of stocks offered or sold by the subsidiary, under Article 165-7 of the Financial Investment Services and Capital Markets Act; |
4. | Where 10 years have not passed since a technology holding company failed to meet the standards for holding stocks of subsidiaries due to a claim seeking the conversion by a subsidiary of convertible bonds issued under Article 513 of the Commercial Act or due to the exercise of the preemptive right in bonds with warrant issued under Article 516-2 of the aforesaid Act. |
Article 46 (Use of Income Dividends) |
"Activities prescribed by Presidential Decree" and "purposes prescribed by Presidential Decree" in the proviso of Article 36-6 (1) of the Act and Article 36-6 (2) of the Act means the following activities and the purposes thereof: 1. | Purchase, operation, maintenance, and repair of facilities, equipment, and materials for research; |
2. | Research and development affairs; |
3. | Evaluation of, and compensation for, outcomes of research and development. |
[This Article Wholly Amended on Mar. 28, 2023]
Article 47 (Concurrent Holding of Office and Leave of Absence by Faculty Members) |
Procedures for concurrent holding of office and leave of absence of faculty members and employees under Article 36-7 (1) of the Act shall be determined by the head of each institution.
Article 48 (Cooperative Research Institutes) |
Where the founder and manager of a national university or a private university intends to establish a cooperative research institute within the university premises under Article 37 (1) of the Act, he or she shall hear the opinion of the head of the university, and the founder and manager of a public university shall hear the opinion of the head of the university and submit the relevant matter to the Public Property Council established pursuant to Article 16 (1) of the Public Property and Commodity Management Act for deliberation, if he or she intends to establish a cooperative research institute within the university premises.
Article 49 (Joint Use of Human Resources) |
(1) | "Research institutes provided for in Presidential Decree from among research institutes referred to in subparagraph 5 (a) of Article 2" in Articled 37-2 (1) of the Act means any of the following: <Amended on Jun. 15, 2021> |
(2) | To jointly use faculty researchers pursuant to Article 37-2 (2) and (3) of the Act, the head of the relevant university and the head of the relevant research institute shall enter into an agreement that includes the following: |
1. | Objectives of appointment of faculty researchers; |
2. | Status of faculty researchers at the inviting institution and the term of appointment; |
3. | Ratio of service contributed to the employing institution and the inviting institution; |
4. | Education or research at the original employing institution and the inviting institution; |
5. | Use of the space, facilities, and equipment for research in the inviting institution; |
6. | Working conditions at the inviting institution; |
7. | Evaluation of performance of faculty researchers; |
8. | Ownership of intellectual property rights arising during the term of appointment of a faculty researcher. |
(3) | Salaries and legal costs for faculty researchers shall be borne by the employing institution in principle, but may be jointly apportioned at a rate adjusted by agreement between the employing institution and the inviting institution based on the ratio of service contributed by each faculty researcher to the employing institution and the inviting institution. |
(4) | The regulations of the employing institution shall apply to the mandatory retirement age and pension. |
(5) | Each faculty researcher has a right to enjoy treatment appropriate for the position accorded by the inviting institution and may exercise the authority inherent in the position. |
(6) | Unless a faculty researcher breaches any condition of an agreement entered into under paragraph (1) during his or her term of service, neither the employing institution nor the inviting institution shall accord any disadvantage to the faculty researcher in his or her status or personnel management. |
(7) | Except as provided in paragraphs (1) through (6), further details necessary for joint use of human resources shall be prescribed by the school regulations or articles of association of the relevant university, and articles of association or the code of service of the relevant research institute, to the extent not inconsistent with relevant statutes. |
Article 49-2 (Subsidization of Operation Expenses of the Foundations for Industry-Academia Cooperation) |
A local government (limited to a regional local government) may subsidize foundations for industry-academia cooperation of universities and colleges established by the local government for the operation cost of such foundations, including personnel expenses, pursuant to Article 39 (1) of the Act. [This Article Newly Inserted on Apr. 12, 2016]
Article 50 (Preparation of Statistics related to Industry-Academia-Research Cooperation) |
Scope of statistics on industry-academia-research cooperation and subjects to be surveyed in Article 39-2 (3) of the Act are as follows: 1. | All industry-academia-research cooperation activities conducted by industrial education institutions and research institutes; |
2. | All technology commercialization activities conducted by technology holding companies and subsidiaries. |
[This Article Wholly Amended on Dec. 29, 2020]
CHAPTER V SUPPLEMENTARY PROVISIONS
Article 51 (Assistance to Learners in Private Teaching Institutes in Technology) |
(1) | Pursuant to Article 42 (1) of the Act, the State and a local government may subsidize learners enrolled in a private teaching institute for expenses incurred in relation to their learning, including tuition fees and teaching materials, within budgetary limits. |
(2) | Subsidization of tuition fees, teaching materials, etc. under paragraph (1) shall be granted only where the State or a local government entrusts education of learners to the founder and manager of a private teaching institute. |
Article 52 (Entrustment of Administrative Affairs) |
"Corporations or organizations specified by Presidential Decree" in Article 43 of the Act means any of the following: <Amended on Mar. 23, 2013> 2. | Other corporations or organizations that the Minister of Education deems appropriate for performing entrusted administrative affairs. |
Article 53 (Re-Examination of Regulation) |
The Minister of Education shall examine the appropriateness of the following matters every three years, counting from each base date specified in the following (referring to the period that ends on the day before the base date of every third year) and shall take measures, such as making improvements: <Amended on Dec. 24, 2018; Mar. 8, 2022; Mar. 28, 2023>
1. | Establishing, operating, etc., departments or faculties under an agreement signed pursuant to Article 8: January 1, 2017; |
1-2. | Procedures for reporting the establishment, operation, or closure of agreed departments, etc. under Article 8-3: Jan. 1, 2022; |
2. | Standards for facilities and equipment for experiments and practical training provided for in Article 11: January 1, 2017; |
3. | Standards and procedures for designating industrial education centers under Article 15-2: Jan. 1, 2022; |
4. | Restricting lines of business of school enterprises prescribed in Article 33: January 1, 2017; |
5. | Requirements for establishing technology holding companies prescribed in Article 42: January 1, 2017; |
6. | Companies as subsidiaries entitled under Article 44: January 1, 2017; |
7. | Restricting the use of income dividends prescribed in Article 46: January 1, 2017. |
[This Article Wholly Amended on Dec. 30, 2016]
ADDENDA <Presidential Decree No. 23527, Jan. 25, 2012>
Article 1 (Enforcement Date)
This Decree shall enter into force on January 26, 2012. Provided, That the amended provisions of Article 27 and 28 shall take effect on January 1, 2013. Article 2 (Repeal of other Statute)
The Regulations on the Establishment and Operation of School Enterprises is hereby repealed.
Article 3 Omitted.
Article 4 (Relationship to Other Statutes)
Any citation to the Enforcement Decree of the Industrial Education Enhancement and Industry-Academia Cooperation Promotion Act, or to any provision thereof in any other statute in force as at the time this Decree enters into force shall be deemed a citation to this Decree or the relevant provision of this Decree in lieu of the former provision if this Decree includes such relevant provision.
ADDENDA <Presidential Decree No. 23993, Jul. 26, 2012>
Article 1 (Enforcement Date)
This Decree shall enter into force on July 27, 2012.
Article 2 Omitted.
Article 3 Omitted.
ADDENDA <Presidential Decree No. 24423, Mar. 23, 2013>
Article 1 (Enforcement Date)
This Decree shall enter into force on the date of its promulgation. (Proviso Omitted.)
Articles 2 through 7 Omitted.
ADDENDUM <Presidential Decree No. 25050, Dec. 30, 2013>
This Decree shall enter into force on January 1, 2014. (Proviso Omitted.)
ADDENDUM <Presidential Decree No. 25408, Jun. 30, 2014>
This Decree shall enter into force on July 1, 2014.
ADDENDA <Presidential Decree No. 25840, Dec. 9, 2014>
Article 1 (Enforcement Date)
This Decree shall enter into force on January 1, 2015.
Articles 2 through 16 Omitted.
ADDENDA <Presidential Decree No. 26082, Feb. 3, 2015>
Article 1 (Enforcement Date)
This Decree shall enter into on the date of its promulgation.
Article 2 (Transitional Measure concerning Changes in Grounds for Exemption from Obligation to Hold Stocks of Subsidiaries)
Notwithstanding the amended provisions of Article 45, the former provisions shall apply where the period specified in the subparagraphs of the former Article 45 elapsed before this Decree enters into force.
ADDENDUM <Presidential Decree No. 26532, Sep. 22, 2015>
This Decree shall enter into force on September 28, 2015.
ADDENDA <Presidential Decree No. 26551, Sep. 25, 2015>
Article 1 (Enforcement Date)
This Decree shall enter into force on September 28, 2015.
Article 2 Omitted.
ADDENDUM <Presidential Decree No. 26855, Dec. 31, 2015>
This Decree shall enter into on the date of its promulgation.
ADDENDUM <Presidential Decree No. 27092, Apr. 12, 2016>
This Decree shall enter into on the date of its promulgation.
ADDENDUM <Presidential Decree No. 27501, Sep. 21, 2016>
This Act shall enter into force on September 23, 2016.
ADDENDA <Presidential Decree No. 27751, Dec. 30, 2016>
Article 1 (Enforcement Date)
This Decree shall enter into force on January 1, 2017. (Proviso Omitted.)
Article 2 Omitted.
ADDENDA <Presidential Decree No. 28114, Jun. 20, 2017>
Article 1 (Enforcement Date)
This Decree shall enter into on the date of its promulgation.
Article 2 (Transitional Measures concerning Number or Total Number of Students for Each School Year of Agreed Department, etc.)
Notwithstanding the amended provisions of Article 8 (5), former provisions shall apply to the number or total number of students for each school year of an agreed department, etc. until the admission process of 2018.
ADDENDUM <Presidential Decree No. 28901, May 28, 2018>
This Decree shall enter into force on May 29, 2018.
ADDENDUM <Presidential Decree No. 29421, Dec. 24, 2018>
This Decree shall enter into force on January 1, 2019.
ADDENDUM <Presidential Decree No. 30235, Dec. 10, 2019>
This Decree shall enter into on the date of its promulgation.
ADDENDA <Presidential Decree No. 31296, Dec. 29, 2020>
Article 1 (Enforcement Date)
This Decree shall enter into on the date of its promulgation.
Article 2 (Transitional Measures concerning Establishment of Technology Holding Companies)
(1) | Notwithstanding the amended provisions of Article 42 (2) 1, former provisions shall apply to the requirements for authorization for establishment of a technology holding company that is in the process of authorization for establishment pursuant to Article 36-2 (2) of the Act as at the time this Decree enters into force. |
(2) | Any of the following technology holding companies shall have professional manpower under the amended provisions of Article 42 (2) 1 within one year from the enforcement date of this Decree: |
1. | A technology holding company that has been approved for establishment under former provisions before this Decree enters into force; |
2. | A technology holding company that applied for authorization for establishment before the enforcement of this decree and obtained the authorization for establishment after the enforcement of this decree. |
ADDENDUM <Presidential Decree No. 31767, Jun. 15, 2021>
This Decree shall enter into force on Jun. 23, 2021.
ADDENDA <Presidential Decree No. 32447, Feb. 17, 2022>
Article 1 (Enforcement Date)
This Decree shall enter into force on February 18, 2022.
Article 2 Omitted.
Article 3 Omitted.
ADDENDUM <Presidential Decree No. 32528, Mar. 8, 2022>
This Decree shall enter into on the date of its promulgation.
ADDENDA <Presidential Decree No. 32733, Jun. 28, 2022>
Article 1 (Enforcement Date)
This Decree shall enter into force on June 29, 2022.
Article 2 Omitted.
Article 3 Omitted.
Article 4 Omitted.
ADDENDUM <Presidential Decree No. 33342, Mar. 28, 2023>
This Decree shall enter into on the date of its promulgation.