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Customs Act — Article 198 (Filing Reports on Establishment and Operation of Place for General Bonded Business)

관세법 제198조

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) A person who intends to perform the general bonded functions in a general bonded area shall specify such function and file a report on the establishment and operation of a place of general bonded business with the head of a customs office.

(2) No person falling under any subparagraph of Article 175 may file any report on the establishment and operation of a place of general bonded business referred to in paragraph (1).

(3) When the operator of a place of general bonded business intends to modify the general bonded functions he or she performs, he or she shall file a report thereon with the head of a customs office.

(4) Matters necessary for the procedures, etc. for filing a report referred to in paragraphs (1) and (3) shall be prescribed by Presidential Decree.[This Article Wholly Amended on Dec. 30, 2010]

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