(1) If a location information provider intends to close all or part of their business, they shall determine a plan for notifying the subjects of personal location information of the period of business closure and the fact of business closure (applicable only to personal location information providers); and shall either obtain approval therefor from the Korea Media and Communications Commission or report thereon to the Korea Media and Communications Commission in accordance with the following classifications. In this regard, the period of business closure shall not exceed 1 year: <Amended on Oct. 1, 2025>
1. Personal location information provider: Approval;
2. Object location information provider: Reporting.
(2) If a location information provider intends to close all or part of their business temporarily or permanently, they shall develop a plan to notify the subjects of personal location information of the fact of business closure (only if the location information provider handles personal location information); and shall either obtain approval therefor from the Korea Media and Communications Commission or report thereon to the Korea Media and Communications Commission in accordance with the following classifications: <Amended on Oct. 1, 2025>
1. Personal location information provider: Approval;
2. Object location information provider: Reporting.
(3) A personal location information provider that has obtained approval under paragraph (1) 1 or (2) 1 shall notify the subjects of personal location information of the following matters no later than 30 days before the scheduled date of temporary or permanent business closure:
1. Approval of temporary business closure under paragraph (1) 1: The scope of the location information business to be temporarily closed and the period of temporary closure;
2. Approval of permanent business closure under paragraph (2) 1: The scope of the location information business and the date of permanent closure.
(4) A personal location information provider that temporarily closes all or part of their location information business with approval under paragraph (1) 1, and a location information provider that permanently closes all or part of their location information business under paragraph (2) shall destroy personal location information and data verifying the collection of location information concurrently with the temporary and permanent closure, in accordance with the following classifications:
1. Approval of temporary business closure under paragraph (1) 1: Personal location information (limited to the personal location information of the business to be temporarily closed in the case of partial business closure);
2. Approval of permanent business closure under paragraph (2) 1: Personal location information and data verifying the collection of location information (limited to the personal location information and the data verifying the collection of location information of the business to be permanently closed in the case of partial business closure);
3. Reporting of permanent closure under paragraph (2) 2: Data verifying the collection of location information (limited to the data verifying the collection of location information of the business to be permanently closed in the case of partial business closure).
(5) Upon receipt of an application for approval for notifying the subjects of personal location information of the fact of temporary or permanent closure of the business under paragraph (1) 1 or (2) 1, the Korea Media and Communications Commission shall approve the plan except in cases where it is inadequate. <Amended on Oct. 1, 2025>
(6) The Korea Media and Communications Commission shall, upon receipt of a report under paragraph (1) 2 or (2) 2, review and accept the report if it is in conformity with this Act. <Amended on Oct. 1, 2025>
(7) Except as provided in paragraphs (1) through (6), matters necessary for the temporary or permanent closure of the location information business shall be prescribed by Presidential Decree.[This Article Wholly Amended on Apr. 17, 2018]