(1) Where any person fails, despite his or her considerable efforts to meet the standards prescribed by Presidential Decree, to identify the holder of author’s economic rights to a work made public, or his or her place of residence, and therefore is unable to obtain any authorization for its exploitation, he or she may exploit the work by paying a remuneration to the Commission as determined by the Minister of Culture, Sports and Tourism after obtaining the Minister's approval as prescribed by Presidential Decree. <Amended on Feb. 29, 2008; Nov. 26, 2019; Feb. 4, 2020>
(2) The person who exploits a work pursuant to paragraph (1) shall indicate the intention to use and the approval date.
(3) When the work legally licensed pursuant to paragraph (1) becomes the object of statutory license again, the procedures of considerable endeavors corresponding to the standards prescribed by Presidential Decree pursuant to paragraph (1) may be omitted; provided, this shall not apply where the holder of author’s economic rights raises an objection according to the procedures prescribed by Presidential Decree before approval of statutory license to the work. <Amended on May 18, 2021>
(4) The Minister of Culture, Sports and Tourism shall post the content of statutory license on the information and communications network as prescribed by Presidential Decree. <Amended on Feb. 29, 2008; May 18, 2021>
(5) The right to receive remuneration under paragraph (1) shall be exercised through the Commission. <Added on Nov. 26, 2019; Feb. 4, 2020>
(6) The Commission may use the remuneration that has been left undistributed for more than 10 years from the date on which the remuneration was paid pursuant to paragraph (1) for the purpose falling under any subparagraph of Article 25 (10) after obtaining approval from the Minister of Culture, Sports and Tourism. <Added on Nov. 26, 2019; Feb. 4, 2020; Aug. 8, 2023>
(7) Procedures and methods for paying remuneration under paragraphs (1) and (6), approval for the use of undistributed remuneration, and other necessary matters shall be prescribed by Presidential Decree. <Added on Nov. 26, 2019>