Copy URL

URL copied successfully.
Press CTRL+V or paste display URL.

View by Article

ENFORCEMENT DECREE OF THE FINANCIAL INVESTMENT SERVICES AND CAPITAL MARKETS ACT
CHAPTER VII SPECIAL CASES CONCERNING PRIVATE EQUITY FUNDS
조문단위인쇄
 Article 271 (Investors in General Private Equity Funds)
(1) "Investor prescribed by Presidential Decree" in subparagraph 1 of Article 249-2 of the Act means any of the following entities:
1. The State;
2. Bank of Korea;
3. Any of the entities referred to in the subparagraphs of Article 10 (2);
4. Any stock-listed corporation;
5. Any of the entities referred to in Article 10 (3) 1 through 8 and 13 through 18.
(2) "Amount prescribed by Presidential Decree" in subparagraph 2 of Article 249-2 of the Act means the amount classified as follows: <Amended on Feb. 9, 2021; Oct. 21, 2021>
1. Where investing in a general private equity fund for which the aggregate of the amounts referred to in the subparagraphs of Article 249-7 (1) of the Act does not exceed 200/100 of the value calculated by subtracting the total amount of liabilities from the total amount of assets of the general private equity fund: 300 million won;
2. Where investing in a general private equity fund other than that prescribed in subparagraph 1: 500 million won.
[This Article Wholly Amended on Oct. 23, 2015]
[Title Amended on Oct. 21, 2021]