Korean Law in English
Laws › Foreign Exchange Transactions Act › CHAPTER VI PENALTY PROVISIONS

Foreign Exchange Transactions Act — Article 30 (Confiscation or Additional Collection)

외국환거래법 제30조

This English translation is based on the Korean text effective 2021-09-16. The Korean law has since been amended (current version effective 2026-01-02) — check the Korean original.

Foreign exchange and other securities, precious metals, real estate and means of domestic payment acquired by a person who falls under any subparagraph of Article 27 (1), any subparagraph of Article 27-2, or any subparagraph of Article 29 (1) through such acts as prescribed therein shall be confiscated, and where it is impossible to confiscate them, the value thereof shall be collected in lieu of such confiscation. <Amended on Jan. 17, 2017>[This Article Wholly Amended on Jan. 30, 2009]

‹ Article 29All articlesArticle 31 ›

Korean original (law.go.kr) · Get articles as JSON via API

For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law