(1) The Government may fully or partially subsidize business owners, organizations of business owners or employees, agencies specializing in preventing industrial accidents, research institutes, etc. for expenses incurred in industrial accident prevention projects prescribed by Presidential Decree within the budget, or provide other necessary support (hereinafter referred to as "subsidy or support"). In such cases, the Minister of Employment and Labor shall manage and supervise such subsidy or support to ensure that it is used efficiently in compliance with the purpose of industrial accident prevention projects.
(2) Where a person who has received a subsidy or support falls under any of the following cases, the Minister of Employment and Labor shall revoke such subsidy or support fully or partially; provided, in cases falling under subparagraph 1 or 2, the relevant subsidy or support shall be fully revoked:
1. Where he or she has received a subsidy or support by fraud or other improper means;
2. Where he or she closes his or her business or is declared bankrupt;
3. Where he or she fails to maintain, manage, or use the matter eligible for a subsidy or support in conformity with the purpose of support by willfully selling, destroying, or losing such matter;
4. Where a subsidy or support has not been used appropriately for purposes of an industrial accident prevention project referred to in paragraph (1);
5. Where he or she relocates the facility or equipment eligible for a subsidy or support to a foreign country before the period of subsidization or support ends;
6. In cases prescribed by Decree of the Ministry of Employment and Labor where a business owner in receipt of a subsidy or support breaches his or her obligation to take safety and health measures, causing an industrial accident.
(3) Among the cases where the Minister of Employment and Labor fully or partially revokes a subsidy or support pursuant to paragraph (2), in any case specified in subparagraph 1 or subparagraphs 3 through 5 of that paragraph, the Minister shall recover the relevant amount or an amount equivalent to the support and may additionally recover an amount not exceeding five times the amount paid as prescribed by Presidential Decree; and in the case of subparagraph 2 (in cases of bankruptcy, the amount shall not be recovered) or 6 of that paragraph, the Minister shall recover the relevant amount or an amount equivalent to the support. <Amended on May 18, 2021>
(4) A person who is subject to full or partial revocation of a subsidy or support under paragraph (2) may not be granted a subsidy or support for a specified period not exceeding five years from the date the subsidy or support is revoked, as prescribed by Decree of the Ministry of Employment and Labor. <Amended on May 18, 2021>
(5) The targets of a subsidy or support, the methods and procedures for subsidization or support, the management and supervision of subsidization or support, the methods for revocation and recovery under paragraphs (2) and (3), and other necessary matters shall be determined and publicly notified by the Minister of Employment and Labor.