(1) "Penalty payment service provider as prescribed by Presidential Decree" in the former part of Article 102-2 (1) of the Act means an agency designated by the Minister of Justice as a penalty payment service provider pursuant to the latter part of that paragraph among the following agencies:
1. The Korea Financial Telecommunications and Clearings Institute established with the permission of the Financial Services Commission pursuant to Article 32 of the Civil Act;
2. Other institutions deemed appropriate by the Minister of Justice to conduct the payment of penalty as a proxy, in consideration of facilities, working capability, the size of capital, etc.
(2) Where the Minister of Justice designates a penalty payment service provider pursuant to the latter part of Article 102-2 (1) of the Act, he or she shall publicly notify such designation in the Official Gazette.
(3) A penalty payment service provider may receive a payment service fee from a penalty payer in an amount of up to 15/1000 of the penalty [including the penalty weighted pursuant to the criteria for the determination of penalties under Article 103 (1) of the Act] pursuant to Article 102-2 (3).
(4) A penalty payment service provider shall obtain approval from the Minister of Justice for the payment service fee under paragraph (3). In such cases, the Minister of Justice shall approve the payment service fee by comprehensively taking into account operating expenses of a penalty payment service provider and other factors.[This Article Added on Jan. 19, 2021]