(1) In any of the following cases, a business entity or business association shall be subject to an administrative fine not exceeding 100 million won, and an executive officer or employee of the business entity or business association or any other person interested shall be subject to an administrative fine not exceeding 10 million won: <Amended on Jan. 25, 2010; Dec. 29, 2020; Jan. 11, 2022>
1. Where failing to make disclosure under Article 13-3, or omitting or falsely making disclosure of major details;
2. Where failing to appear without good cause, in violation of Article 81 (1) 1 of the Monopoly Regulation and Fair Trade Act applied mutatis mutandis pursuant to Article 27 (2);
3. Where failing to report or submit necessary materials or things, or reporting or submitting false materials or things prescribed in Article 81 (1) 3 or (6) of the Monopoly Regulation and Fair Trade Act applied mutatis mutandis pursuant to Article 27 (2).
(2) A business entity or business association shall be subject to an administrative fine not exceeding 200 million, and an executive officer or employee of the business entity or business association or any other person interested shall be subject to an administrative fine not exceeding 50 million won, if he or she/it refuses, obstructs, or evades investigations under Article 81 (2) and (3) of the Monopoly Regulation and Fair Trade Act applied mutatis mutandis pursuant to Article 27 (2). <Added on Jan. 25, 2010; Dec. 29, 2020>
(3) A prime contractor shall be subject to an administrative fine not exceeding 50 million won, and an executive officer or employee of the prime contractor or any other person interested shall be subject to an administrative fine not exceeding 5 million won, if he or she/it prevents a subcontractor from presenting data or requests a subcontractor to present false data in violation of Article 22-2 (4). <Added on Apr. 17, 2018>
(4) A prime contractor who abuses his or her superior bargaining position, in violation of Article 3 (5), or engages in any act to avoid the application of that Article by fraud or other improper means, shall be subject to an administrative fine not exceeding 50 million won. <Added on Jul. 18, 2023>
(5) Any of the following persons shall be subject to an administrative fine not exceeding 10 million won: <Added on Jan. 11, 2022; Jul. 18, 2023>
1. A business entity who fails to make an entry of the details regarding the adoption of the subcontract price adjustment system, in violation of Article 3 (2) 3;
2. A business entity who fails to notify the matters specified in the subparagraphs of Article 3-5, in violation of that Article, or notifies false information on such matters.
(6) A prime contractor who fails to present data in accordance with Article 22-2 (2) or presents false data shall be subject to an administrative fine not exceeding five million won. <Added on Jan. 25, 2010; Apr. 17, 2018; Jan. 11, 2022; Jul. 18, 2023>
(7) A person who fails to comply with the orders to maintain good order prescribed in Article 66 of the Monopoly Regulation and Fair Trade Act applied mutatis mutandis pursuant to Article 27 (1) shall be subject to an administrative fine not exceeding one million won. <Amended on Jan. 25, 2010; Apr. 17, 2018; Dec. 29, 2020; Jan. 11, 2022; Jul. 18, 2023>
(8) The Fair Trade Commission shall impose and collect administrative fines provided for in paragraphs (1) through (7) in accordance with the standards prescribed by Presidential Decree. <Amended on Jan. 25, 2010; Oct. 31, 2017; Apr. 17, 2018; Jan. 11, 2022; Jul. 18, 2023>[This Article Wholly Amended on Apr. 1, 2009]