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Customs Act — Article 182 (Measures upon Invalidation of Licenses)

관세법 제182조

This English translation is based on the Korean text effective 2023-06-05. The Korean law has since been amended (current version effective 2026-10-02) — check the Korean original.

(1) Where a license for establishing and operating a licensed bonded area is invalidated, the operator or the successor shall promptly ship foreign goods stored in the relevant licensed bonded area to another bonded area. <Amended on Dec. 22, 2020>

(2) Where a license for establishing and operating a licensed bonded area is invalidated, the relevant licensed bonded area shall be deemed a licensed bonded area for a period fixed by the head of a customs office, not exceeding six months, by taking into account the kinds, quantity, etc. of foreign goods stored therein, and the operator or the successor shall be deemed to hold a license for establishing and operating a licensed bonded area with respect to the relevant area and goods stored therein. <Amended on Dec. 22, 2020>[This Article Wholly Amended on Dec. 30, 2010]

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