(1) Any financial company or electronic financial business entity shall clarify the terms and conditions in concluding a contract for electronic financial transactions with a user, and, at the request of a user, deliver a copy of the terms and conditions to the user, along with explaining the details thereof, in the manner prescribed by the Financial Services Commission. <Amended on Feb. 29, 2008; May 22, 2013>
(2) No financial company or electronic financial business entity shall, if the entity has concluded a contract in violation of paragraph (1), assert that the details of the terms and conditions are included in the relevant contract. <Amended on May 22, 2013>
(3) Any financial company or electronic financial business entity shall, if the entity has altered the terms and conditions, publish the altered terms and conditions and inform the users thereof by one month prior to the enforcement of the altered terms and conditions, in the manner prescribed by the Financial Services Commission; provided, if the terms and conditions are urgently altered due to any amendment to Acts and subordinate statutes, the entity shall promptly publish the terms and conditions so altered and inform the users thereof in such manner prescribed by the Financial Services Commission. <Amended on Feb. 29, 2008; May 22, 2013>
(4) Any user may terminate a contract for electronic financial transactions by no later than the business day immediately preceding the enforcement date of the altered terms and conditions after the details of the altered terms and conditions are published or informed pursuant to paragraph (3). When the user fails to raise an objection against the details of the altered terms and conditions within the period referred to in the first sentence, he or she shall be deemed to have approved the altered terms and conditions.