Korean Law in English
Laws › Occupational Safety and Health Act › CHAPTER I GENERAL PROVISIONS

Occupational Safety and Health Act — Article 12 (Financial resources for preventing industrial accidents)

산업안전보건법 제12조

This English translation is based on the Korean text effective 2025-10-01. The Korean law has since been amended (current version effective 2026-08-01) — check the Korean original.

Financial resources to be appropriated for any of the following uses shall be provided by the Industrial Accident Compensation Insurance and Prevention Fund prescribed in Article 95(1) of the Industrial Accident Compensation Insurance Act:

1. Expenses necessary to install and operate the facilities prescribed in the subparagraphs of Article 11;

2. Expenses necessary to conduct projects related to industrial accident prevention and duties entrusted to nonprofit corporations;

3. Business expenses incurred in other projects that are necessary for industrial accident prevention and acknowledged by the Minister of Employment and Labor.

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