ACT ON THE COLLECTION, ETC. OF PREMIUMS FOR EMPLOYMENT INSURANCE AND INDUSTRIAL ACCIDENT COMPENSATION INSURANCE [See entire ACT]

Addenda <Act No. 10366, Jun. 10, 2010> <the Act on Use of Movables, Receivables, etc., as Security>

Article 1 (Enforcement Date)

This Act shall enter into force two years after its promulgation.

Articles 2 Omitted.

Articles 3 (Revision of Other Laws)

(1) Omitted.
(2) Parts of the Act on the Collection, etc., of Premiums for Employment Insurance and Industrial Accident Compensation Insurance shall be revised as follows :
“Pledge or mortgage” in proviso of Article 30 shall be changed to “pledge, mortgage or right of security pursuant to the Act on Use of Movables, Receivables, etc., as Security.”
(3) through (10) Omitted.

Article 4 Omitted.

For further questions, please
call (+82) 2-539-0098 or email bongsoo@k-labor.com

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