(1) An operator shall manage goods shipped into his or her general bonded area by classifying such goods according to general bonded functions.
(2) The head of a customs office may sell goods falling under the proviso of Article 208 (1), from among goods stored in any general bonded area, in accordance with the same Article.
(3) When an operator relocates, uses or disposes of goods shipped into his or her general bonded area, he or she shall keep records thereon using books or data-processing equipment. In such cases, goods prescribed by Ordinance of the Ministry of Economy and Finance shall be reported to the head of a customs office in advance.
(4) Matters necessary for the methods, procedures, etc. for keeping records pursuant to paragraph (3) shall be prescribed by the Commissioner of the Korea Customs Service.
(5) Where foreign goods for which the period prescribed by the Commissioner of the Korea Customs Service within the range of at least six months from the date of the goods shipped into a general bonded area among goods stored in a general bonded area, fall under any of the following subparagraphs, the operator may request the head of the competent customs office to sell such foreign goods as prescribed and published by the Commissioner of the Korea Customs Service: <Newly Inserted on Dec. 31, 2018>
1. Where the owner of the goods is not clearly identified;
2. Where the owner of the goods becomes bankrupt or insolvent;
3. Where the whereabouts of the owner of the goods, such as his or her domicile/address or residence, is unknown;
4. Where the owner of the goods refuses to receive the goods;
5. Where the owner of the goods does not receive the goods without manifesting an intention to refuse.
(6) Articles 208 through 212 shall apply mutatis mutandis to the sale of foreign goods by the head of a customs office under paragraph (5). In such cases, "where a period for storing foreign goods shipped into a bonded area expires" in the main clause, with the exception of its subparagraphs, of Article 208 (1) shall be construed as "if a request for sale is received", and "goods the storage period of which expires" in paragraph (2) of the same Article and "foreign goods" in Article 209 (1) shall be construed as "goods requested to sell", respectively. <Newly Inserted on Dec. 31, 2018; Dec. 31, 2022>[This Article Wholly Amended on Dec. 30, 2010]