No. 14461
Promulgation Date 2016-12-27
Ministry of Economy and Finance
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Scope of Application, etc.)
Article 3 (Guarantee for Self-Controlling Operation)
Article 4 (Public Institutions)
Article 5 (Classification of Public Institutions)
Article 6 (Procedures for Designation of Public Institutions, etc.)
Article 7 (Examination on Establishment of New Institution)
CHAPTER II OWNERSHIP STEERING COMMITTEE
Article 8 (Establishment of Ownership Steering Committee)
Article 9 (Composition of Steering Committee)
Article 10 (Steering Committee's Meeting)
CHAPTER III PUBLICATION, ETC. ON MANAGEMENT OF PUBLIC INSTITUTIONS
Article 11 (Public Disclosure of Management Performance)
Article 12 (Consolidated Publication)
Article 13 (Customer Charter and Customer Satisfaction Level Survey)
Article 14 (Adjustment of Functions of Public Institutions, etc.)
Article 15 (Innovation of Public Institutions)
CHAPTER IV MANAGEMENT OF PUBLIC CORPORATIONS AND QUASI-GOVERNMENTAL INSTITUTIONS
SECTION 1 Articles of Association
Article 16 (Mandatory Provisions of Articles of Association)
SECTION 2 Board of Directors
Article 17 (Establishment and Functions of Board of Directors)
Article 18 (Composition)
Article 19 (Meeting)
Article 20 (Committees)
Article 21 (Non-standing Senior Director)
Article 22 (Request for Removal, etc.)
Article 23 (Fund Management Deliberation Council)
SECTION 3 Executive Officers
Article 24 (Executive Officers)
Article 25 (Appointment or Removal of Executive Officers of Public Corporations)
Article 26 (Appointment or Removal of Executive Officers of Quasi-Governmental Institutions)
Article 27 (Special Exception concerning Appointment of Executive Officers of Public Corporations and Quasi-Governmental Institutions with General Meeting of Members)
Article 28 (Term of Office)
Article 29 (Committee for Recommendation of Executive Officers)
Article 30 (Criteria, etc. for Recommendation of Candidates for Executive Officers)
Article 31 (Agreement, etc. with Institution Head)
Article 32 (Executive Officers' Duties, etc.)
Article 33 (Guidelines for Remuneration for Executive Officers)
Article 34 (Grounds for Disqualification)
Article 35 (Liabilities, etc. of Directors and Auditors)
Article 36 (Evaluation of Actual Performance of Duties as Non-Standing Directors and Auditors)
Article 37 (Restriction on Concurrent Offices of Executive Officers and Employees)
SECTION 4 Budget and Accounting
Article 38 (Fiscal Year)
Article 39 (Accounting Principles, etc.)
Article 39-2 (Establishment, etc. of Mid-and Long-Term Financial Management Plans)
Article 40 (Budget Compilation)
Article 41 (Quasi-Budget)
Article 42 (Establishment of Management Plan)
Article 43 (Submission of Statements on Settlement of Accounts)
Article 43-2 (Consultation on Transferring Capital of Public Corporation, etc.)
Article 43-3 (Appointment, etc. of Accounting Auditors)
Article 43-4 (Liability for Damage)
Article 44 (Commission of Purchasing Goods and Contracting Construction Works)
Article 45 (Investment Method)
SECTION 5 Evaluation and Supervision of Management
Article 46 (Establishment of Management Goals)
Article 47 (Report on Management Performance, etc.)
Article 48 (Evaluation of Management Performance)
Article 49 (Preparation of Annual Reports)
Article 50 (Guidelines for Management)
Article 51 (Supervision over Public Corporations and Quasi-Governmental Institutions)
Article 51-2 (Consultations on Establishment, etc. of Funding or Investment Institutions)
Article 52 (Audit by Board of Audit and Inspection)
Article 52-2 (Presentation of Audit Results, etc. to National Assembly)
CHAPTER V SUPPLEMENTARY PROVISIONS
Article 53 (Legal Fiction of Public Officials in Application of Penalty Provisions)
Article 53-2 (Notification by Investigation Agencies, etc. Upon Commencement and Completion of Investigations)
Article 53-3 (Restrictions on Voluntary Dismissal from Office)
Article 54 (Exercise, etc. of Minority Stockholders' Rights)
CHAPTER VI PENALTY PROVISIONS
Article 55 (Penalty Provisions)
Article 56 (Penalty Provisions)
ADDENDA
ADDENDA <Act No. 8635, Aug. 3, 2007>
ADDENDUM <Act No. 8696, Dec. 14, 2007>
ADDENDA <Act No. 8852, Feb. 29, 2008>
ADDENDUM <Act No. 9277, Dec. 31, 2008>
ADDENDUM <Act No. 9345, Jan. 30, 2009>
ADDENDA <Act No. 9513, Mar. 25, 2009>
ADDENDA <Act No. 9829, Dec. 29, 2009>
ADDENDA <Act No. 10286, May 17, 2010>
ADDENDUM <Act No. 10896, Jul. 25, 2011>
ADDENDA <Act No. 11690, Mar. 23, 2013>
ADDENDA <Act No. 11845, May 28, 2013>
ADDENDUM <Act No. 12268, Jan. 21, 2014>
ADDENDA <Act No. 12673, May 28, 2014>
ADDENDUM <Act No. 14076, Mar. 22, 2016>
ADDENDUM <Act No. 14461, Dec. 27, 2016>