(1) The Minister of Economy and Finance may permit a financial company, etc. to pay levies it is liable to pay in installments, as prescribed by Presidential Decree.
(2) When a financial company, etc. fails to pay the levies by the payment deadline, the Minister of Economy and Finance shall issue a reminder specifying a period of at least ten days within 10 days after the payment deadline expires.
(3) The Minister of Economy and Finance may collect a surcharge prescribed by Presidential Decree within the extent of 10/100 of the levies in arrears.
(4) When a financial company, etc. to whom a reminder is issued under paragraph (2) fails to make a payment by the specified deadline, the Minister of Economy and Finance shall collect the levies and surcharges by referring to the practices of dispositions on default of national taxes.
(5) Where the Minister of Economy and Finance deems it necessary for imposing and collecting the levies pursuant to Article 11-2, he or she may request the relevant financial company, etc. to submit relevant data. In such cases, the financial company, etc. that is requested to submit data shall comply therewith unless extenuating circumstances exist.
(6) Where a financial company, etc. on whom levies are imposed pursuant to Article 11-2 has an objection about such imposition, it may file an objection with the Minister of Economy and Finance.
(7) Other necessary matters for the collection of levies, filing objections, etc. shall be prescribed by Presidential Decree.[This Article Newly Inserted on Apr. 30, 2018]