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Enforcement Decree of the Labor Standards Act — Article 18 (Grounds for Exclusion from Application of Late Payment Interest)

근로기준법 시행령 제18조

This English translation is based on the Korean text effective 2021-11-19. The Korean law has since been amended (current version effective 2025-10-23) — check the Korean original.

"Other reasons prescribed by Presidential Decree" in Article 37 (2) of the Act means any of the following causes and events: <Amended on Sep. 24, 2014; Oct. 14, 2021>

1. Cases falling under any of Article 7 (1) 1 through 3 of the Wage Claim Guarantee Act;

2. Where it is impracticable to secure the funds for payment of wages and retirement benefits due to statutory restraints under the Debtor Rehabilitation and Bankruptcy Act, the National Finance Act, the Local Autonomy Act, etc.;

3. Where it is deemed appropriate to bring a case to a court or the Labor Relations Commission for a trial on the existence of all or part of any wage or retirement benefit for which the payment has been delayed;

4. Where other factors exist deemed equivalent to the conditions described in subparagraphs 1 through 3.

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