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Electronic Financial Transactions Act — Article 45-2 (Preliminary authorization)

전자금융거래법 제45조의2

(1) Any person who intends to obtain authorization under Article 45 (1) (hereafter referred to as "final authorization" in this Article) may, in advance, file an application for preliminary authorization with the Financial Services Commission.

(2) When the Financial Services Commission decides whether to grant preliminary authorization under paragraph (1), it shall verify whether the person who intends to obtain preliminary authorization meets all requirements for final authorization.

(3) The Financial Services Commission may impose conditions on preliminary authorization under paragraph (2).

(4) Where a person who has obtained preliminary authorization applies for substantive authorization, the Financial Services Commission shall decide whether to grant substantive authorization after verifying that the person has fulfilled the imposed conditions on preliminary authorization under paragraph (3) and meets all requirements for substantive authorization.

(5) Article 33 (1) and (2) shall apply mutatis mutandis to preliminary authorization.[This Article Added on May 22, 2013]

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