(1) Where an assigned agent falls under any of the following cases, the Minister of Employment and Labor may revoke the designation of the agent, or may issue an order to suspend business operations for no more than six months or an order to take corrective measures, as prescribed by Ministerial Decree of the Employment and Labor: <Amended on Jun. 4, 2010>
1. Where it has been designated by fraud or other improper means;
2. Where it fails to meet the designation requirements;
3. Where it conducts any business activity beyond the designated scope of business;
4. Where it fails to perform its duties with due care as a good manager or fails to comply with the procedures for handling business.
(2) Where the Minister of Employment and Labor intends to revoke the designation of an assigned agent under paragraph (1), he or she shall hold a hearing. <Amended on Jun. 4, 2010>[This Article Added on Oct. 9, 2009]