(1) The Commissioner of the Korea Customs Service shall periodically verify whether AEOs meet the safety management standards under Article 255-2 (1).
(2) The Commissioner of the Korea Customs Service may require an AEO to perform self-assessment on whether the AEO meets the standards referred to in paragraph (1) and to report the results thereof, as prescribed by Presidential Decree.
(3) Where there are any such changes to an AEO as determined and publicly notified by the Commissioner of the Korea Customs Service, including transfer, acquisition, split, or merger,, the AEO shall report the change to the Commissioner of the Korea Customs Service within 30 days from the date such change occurs: Provided, That if the change has a material impact on maintaining the AEO status and it falls under the matters determined and publicly notified by the Commissioner of the Korea Customs Service, such change shall be reported without delay.
(4) Except as provided in paragraphs (1) through (3), details necessary for the verification of, and reporting by, AEOs shall be determined and publicly notified by the Commissioner of the Korea Customs Service.[This Article Newly Inserted on Dec. 21, 2021]