(1) This Act shall apply to any of the following matters:
1. Foreign exchange in the Republic of Korea, foreign exchange transactions conducted therein, or other acts related thereto;
2. Transactions, payment or receipts between the Republic of Korea and any foreign country, or other acts related thereto (including those which are performed in any foreign country and which have an effect in the Republic of Korea);
3. Transactions between an individual having a domicile or residence in a foreign country and a legal entity having a main office in a foreign country, which are denominated or payable in the currency of the Republic of Korea, or other acts related thereto;
4. Acts conducted by an individual having a domicile or residence in the Republic of Korea, or his or her agents, employers or other employees in connection with his or her assets or business in a foreign country;
5. Acts conducted by a representative, agents, employers or other employees of a legal entity having its main office in the Republic of Korea in connection with assets or business of the legal entity in a foreign country.
(2) The scope of "other acts related thereto" referred to in paragraph (1) 1 through 3 shall be prescribed by Presidential Decree.[This Article Wholly Amended on Jan. 30, 2009]