(1) When a location-based service provider intends to close all or a portion of their business temporarily or permanently, the provider shall determine the period of business closure and notify the subjects of personal location information thereof no later than 30 days before the scheduled date of business closure and report it to the Korea Media and Communications Commission. In this case, the period of business closure shall not exceed 1 year, and the provider shall destroy personal location information (limited to personal location information related to the business to be closed temporarily, in the case of partial business closure), concurrently with the closure of the business. <Amended on Feb. 29, 2008; Feb. 3, 2015; Apr. 17, 2018; Oct. 1, 2025>
(2) When a location-based service provider intends to permanently close all or a portion of their business, they shall notify the subjects of personal location information thereof no later than 30 days before the scheduled date of business closure and report it to the Korea Media and Communications Commission. In this case, the provider shall destroy personal location information and data verifying the use and provision of personal location information (limited to personal location information and data verifying the use and provision of location information related to the business to be closed permanently in the case of partial business closure) concurrently with the closure of the business. <Amended on Feb. 29, 2008; Apr. 17, 2018; Oct. 1, 2025>
(3) Matters necessary for reporting the temporary or permanent closure of the location-based service business, for destroying personal location information, and other relevant matters under paragraphs (1) and (2) shall be prescribed by Presidential Decree. <Amended on Feb. 29, 2008; Apr. 17, 2018; Jun. 9, 2020>[Title Amended on Apr. 17, 2018]