The purpose of this Decree is to prescribe matters mandated by the Economic Education Support Act and other matters necessary for the enforcement thereof.
| 1. | A person who has at least 10 years’ work experience in an economy- or finance-related field, such as a listed corporation, etc.; |
| 2. | A person who serves or has served as a public official of Grade IV or higher in an economy- or finance-related field; |
| 3. | A person who has engaged in the business affairs of planning, analysis, and evaluation related to economic education for at least five years; |
| 4. | Any other person who is deemed to have experience and knowledge equivalent to those referred to in subparagraphs 1 through 3. |
| Article 3 (Revitalization of Economic Education) |
| (1) | In order to promote economic education pursuant to Article 5 (1) and (3) of the Act, the Minister of Economy and Finance shall conduct a survey on the actual status and awareness of economic education, and develop and distribute educational programs specialized for each educatee. |
| (2) | The Minister of Economy and Finance shall provide support to conduct comprehensive and neutral tests for the introduction and establishment of tests for evaluating and certifying economic understanding pursuant to Article 5 (4) of the Act. |
| Article 4 (Core Concepts of Economic Education) |
| (1) | The Minister of Economy and Finance shall support the establishment of core concepts of economic education in order to establish the core concepts of economic education pursuant to Article 6 (1) of the Act and to ensure the development of case-oriented economic education textbooks, and shall endeavor to identify cases to which the core concepts of economic education are applied to real life and to develop the textbooks to which such cases are applied. |
| (2) | In order to establish and utilize a database on economic education textbooks, etc. pursuant to Article 6 (4) of the Act, the Minister of Economy and Finance shall collect data on the current status of domestic and overseas economic education textbooks, etc. and provide them to the general public through the website, etc. |
| Article 5 (Training of Human Resources Engaged in Economic Education) |
The Minister of Economy and Finance shall develop and disseminate training programs to train and support human resources engaged in economic education pursuant to Article 7 of the Act, provide support for the discovery of outstanding cases of economic education, and ensure the utilization of human resources engaged in economic education in cooperation with economic education organizations.
| Article 6 (Composition of Economic Education Committee) |
| (1) | “Relevant administrative agencies prescribed by Presidential Decree” in Article 8-2 (2) 2 of the Act means the following agencies: <Amended on Jul. 26, 2017> |
| 1. | The Ministry of Education; |
| 2. | The Ministry of the Interior and Safety; |
| 3. | The Ministry of Health and Welfare; |
| 4. | The Ministry of Employment and Labor; |
| 5. | The Financial Services Commission. |
| (2) | Members under Article 8-2 (2) 2 of the Act shall be appointed by the head of an agency under the subparagraphs of paragraph (1) from among public officials belonging to the Senior Executive Service of the relevant agency. |
[This Article Wholly Amended on Apr. 28, 2016]
| Article 6-2 (Withdrawal of Designation of Members of Economic Education Committee) |
| (1) | The Minister of Economy and Finance or a person who has appointed a member pursuant to Article 6 (2) may withdraw his or her appointment if the relevant member falls under any of the following subparagraphs: |
| 1. | Where he or she becomes unable to perform his or her duties due to a mental or physical disorder; |
| 2. | Where he or she has committed any misconduct in connection with his or her duties; |
| 3. | Where the member is deemed unfit as a member due to neglect of duties, loss of dignity, or other reasons; |
| 4. | Where the member explicitly states in person that it is impractical for him or her to perform duties. |
| (2) | Where a member under Article 8-2 (2) 3 of the Act falls under any subparagraph of paragraph (1), the Minister of Economy and Finance may dismiss the relevant member. |
[This Article Newly Inserted on Apr. 28, 2016]
| Article 6-3 (Operation of Economic Education Committee) |
| (1) | The chairperson shall convene and preside over meetings of the Economic Education Committee. |
| (2) | When the chairperson is unable to perform his or her duties due to any unavoidable cause, the member designated by the chairperson shall act on behalf of the chairperson. |
| (3) | A majority of the members of the Economic Education Committee shall constitute a quorum, and any resolution thereof shall require the concurring vote of a majority of those present. |
| (4) | Allowances, travel expenses, and other necessary expenses may be paid to civilian members of the Economic Education Committee within the budget. |
| (5) | Except as provided in paragraphs (1) through (4), matters necessary for the operation of the Economic Education Committee shall be determined by the chairperson following a resolution by the Economic Education Committee. |
[This Article Newly Inserted on Apr. 28, 2016]
| Article 7 (Designation of Regional Economic Education Centers) |
| (1) | If the Minister of Economy and Finance intends to designate a regional economic education center pursuant to Article 9 (1) of the Act, he or she shall conduct open recruitment. |
| (2) | If open recruitment is conducted pursuant to paragraph (1), the following matters shall be publicly announced in the Official Gazette or on the website, and the period of public announcement shall be at least 10 days: |
| 1. | The effective period of designation; |
| 2. | The open recruitment schedule; |
| 3. | Matters deemed necessary by the Minister of Economy and Finance, such as the scope of entrustment of business affairs, etc. |
| (3) | An institution or organization that intends to obtain designation as a regional economic education center shall submit an application for designation as a regional economic education center in attached Form 1 to the Minister of Economy and Finance, along with the following documents. In such cases, the Minister of Economy and Finance shall verify a corporation registration certificate (applicable only to a corporation) through administrative data matching under Article 36 (1) of the Electronic Government Act: <Amended on Nov. 2, 2010; Apr. 28, 2016> |
| 1. | Articles of incorporation (applicable only to a corporation); |
| 2. | Deleted; <Nov. 2, 2010> |
| 3. | A business plan (including a financial management plan); |
| 4. | The current status of human resources engaged in economic education and other employees, and a plan for the management thereof; |
| 5. | The current status of the possession of facilities and equipment necessary for the performance of business affairs and a plan for operation of such facilities and equipment. |
| (4) | An institution or organization that intends to be designated as a regional economic education center shall meet the following requirements: |
| 1. | It shall provide economic education for the public interest, and profit-making shall not be its main purpose; |
| 2. | The curriculum of education shall not be in the direction of advocating the interest of a specific organization or a specific person; |
| 3. | At least 1/2 of the educatees shall be local residents. |
| (5) | Upon receipt of an application under paragraph (3), the Minister of Economy and Finance shall designate a regional economic education center by comprehensively considering the following standards: |
| 1. | The practicality and feasibility of a business plan; |
| 2. | The possibility of economic education hubs in a Metropolitan City, Do, Special Self-Governing Province, or zone under Article 9 (2) of the Act; |
| 3. | The capability to perform projects under the subparagraphs of Article 9 (3) of the Act. |
| (6) | Upon designating a regional economic education center, the Minister of Economy and Finance shall issue a certificate of designation of a regional economic education center in attached Form 2 to the applicant. <Amended on Apr. 28, 2016> |
| (7) | The regional economic education center designated pursuant to paragraph (5) shall notify the Minister of Economy and Finance of any change in the matters referred to in the subparagraphs of paragraph (3). |
| Article 8 (Entrustment of Business Affairs) |
| (1) | The Minister of Economy and Finance may entrust the following business affairs pursuant to Article 10 of the Act: |
| 1. | Developing and disseminating economic education textbooks out of business affairs under subparagraph 2 of Article 8 of the Act; |
| 2. | Training human resources engaged in economic education out of business affairs under subparagraph 2 of Article 8 of the Act; |
| 3. | Supporting educational activities of human resources engaged in economic education out of business affairs under subparagraph 3 of Article 8 of the Act. |
| (2) | Persons eligible to be entrusted with business affairs pursuant to paragraph (1) shall be as follows: |
| (3) | If the Minister of Economy and Finance entrusts business affairs pursuant to Article 10 of the Act, he or she shall publicly notify the entrusted institution and the details of entrusted business affairs. |
[This Article Wholly Amended on Apr. 28, 2016]
| Article 9 (Criteria for Revoking Designation and Suspending Business) |
| (1) | The criteria for revoking the designation of a regional economic education center and suspending its business under Article 13 of the Act shall be as specified in the attached Table. <Amended on Apr. 28, 2016> |
| (2) | If the Minister of Economy and Finance revokes the designation of a regional economic education center or orders it to suspend its business pursuant to Article 13 of the Act, he or she shall publicly announce such fact in the Official Gazette or on the website without delay. <Amended on Apr. 28, 2016> |
ADDENDUM <Presidential Decree No. 21469, May. 6, 2009>
This Decree shall enter into force on May 7, 2009.
ADDENDUM <Presidential Decree No. 22467, Nov. 2, 2010>
This Decree shall enter into force on the date of its promulgation.
ADDENDA <Presidential Decree No. 27112, Apr. 28, 2016>
Article 1 (Enforcement Date)
This Decree shall enter into force on the date of its promulgation.
Article 2 (Transitional Measures concerning Application of Standards for Administrative Dispositions)
| (1) | The previous provisions shall apply for the purpose of applying standards for administrative dispositions for violations committed before this Decree enters into force, notwithstanding the amended provisions of the attached Table. |
| (2) | If a person who has been subjected to any of the following dispositions under the previous provisions of subparagraph 2 of II. Individual Standards in attached Table 2 for a violation committed before this Decree enters into force commits the same violation again after this Decree enters into force, the number of violations shall be calculated according to the following classifications: |
| 1. | Where a person subject to administrative disposition for the first or second violation commits the same violation: He or she shall be deemed to have committed the first violation under the amended provisions of subparagraph 2 of II. Individual Standards in the attached Table. |
| 2. | Where a person subject to administrative disposition for the third violation commits the same violation: He or she shall be deemed to have committed the second violation under the amended provisions of subparagraph 2 of II. Individual Standards in the attached Table. |
ADDENDA <Presidential Decree No. 28211, Jul. 26, 2017>
Article 1 (Enforcement Date)
This Decree shall enter into force on the date of its promulgation: Provided, That the amendments to the Presidential Decrees to be amended pursuant to Article 8 of the Addenda, which were promulgated before this Decree enters into force but the enforcement dates of which have yet to arrive, shall enter into force on the enforcement date of the relevant Presidential Decree. Articles 2 through 8 Omitted.