Where the representative of a juristic person, or the agents, employees, or any other person employed by a juristic person or individual violates the provisions of Article 50 in connection with business of the juristic person or individual, the fine referred to in the relevant Article shall be imposed upon the juristic person or individual concerned in addition to the violator; provided, in cases where the juristic person or individual has not been negligent in exercising due care and oversight in relation to the relevant business to prevent such violation, this shall not apply.
Laws › Credit Information Use and Protection Act › CHAPTER VIII SUPPLEMENTARY PROVISIONS
Credit Information Use and Protection Act — Article 51 (Joint penalty provisions)
신용정보의 이용 및 보호에 관한 법률 제51조
This English translation is based on the Korean text effective 2026-08-13. The Korean law has since been amended (current version effective 2026-09-11) — check the Korean original.
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