Article 28 (Penal Provisions)

(1) Any of the following persons shall be punished by imprisonment with labor for not more than three years or by a fine not exceeding 30 million won:
1. A person in receipt of a substitute payment under Article 7 or a loan under Article 7-2 by fraud or other improper means;
2. A person who causes another person to receive a substitute payment under Article 7 or a loan under Article 7-2 by fraud or other improper means;

3. A person who refuses to submit a property list under Article 13 without good cause or submits a false property list.
(2) Any of the following persons shall be punished by imprisonment with labor for not more than two years or by a fine not exceeding 20 million won:
1. A person who submits a false report, certification, or document to unduly receive a substitute payment under Article 7 or a loan under Article 7-2;
2. A person who submits a false report, certification, or document to unduly causes another person to receive a substitute payment under Article 7 or a loan under Article 7-2.
[This Article Wholly Amended on Dec. 27, 2007]
[Moved from Article 24 ]

Article 29 (Joint Penal Provisions)

If a representative of a juristic person or an agent, a servant or any other employee of a juristic person or an individual commit the offense prescribed in Article 28 in relation to the business of the juristic person or individual, the fine prescribed in the respective Article shall be imposed on the juristic person or individual in addition to the punishment of the offender：Provided that this shall not apply unless the juristic person or individual neglects to give considerable attention and supervision to the business concerned in order to prevent such offence.
<This Article Wholly Amended by Act No. 9339, Jan. 7, 2009>

Article 30 (Fines for Negligence)

(1) The following persons shall be subject to an administrative fine not exceeding ten million won:
1. Deleted;
1-2. A person who refuses to submit a list of property pursuant to Article 13 or submits a list of property by fraud without justifiable grounds.
2. A person who fails to comply with a request to report or submit related documents made under Article 22 without any justifiable ground, or who makes a false report or submits false documents;
3. A person who refuses to answer questions or refuses, interferes with or evades an inspection conducted by him or her without any justifiable ground made by a related public official under Article 24 (1) or employees belonging to an institution entrusted with authority upon Article 27 (limited to matters necessary for handling entrusted business),
(2) An administrative fine under paragraph (1) shall be imposed and collected by the Minister of Employment and Labor as prescribed by Presidential Decree.
(3) Deleted.
(4) Deleted.
(5) Deleted.
[This Article Wholly Amended on Dec. 27, 2007]
[Moved from Article 26 ]

Enforcement Ordinance