(1) A prime contractor belonging to a business group subject to disclosure designated under the former part of Article 31 (1) of the Monopoly Regulation and Fair Trade Act shall disclose matters regarding a subcontract price dispute mediation body, etc. established by the prime contractor in his or her company to handle disputes, etc. raised by the subcontractor over the subcontract price method, payment amount, payment period (referring to the period from the date the prime contractor receives the subject matter, etc. until the date the subcontract price is paid to the subcontractor), or subcontract price, as prescribed by Presidential Decree.
(2) The disclosure under paragraph (1) may be made through an institution that receives reports under Article 161 of the Financial Investment Services and Capital Markets Act. In such cases, the methods and procedures for disclosure and other necessary matters shall be determined by the Fair Trade Commission after negotiation with the relevant institution.
(3) Matters necessary for the timing of, methods and procedures for, disclosure under paragraph (1) shall be prescribed by Presidential Decree.[This Article Added on Jan. 11, 2022]