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Serious Accidents Punishment Act — Article 7 (Joint Penalty Provisions for Serious Industrial Accidents)

중대재해 처벌 등에 관한 법률 제7조

If a responsible managing officer, etc. of a corporation or an institution commits any violations described in Article 6 in conducting the business affairs of the corporation or institution, the corporation or institution shall be punished by a fine prescribed in the following, in addition to punishing the violators accordingly: Provided, That this shall not apply where such corporation or institution has not been negligent in giving due attention and supervision concerning the relevant business affairs to prevent such violations:

1. In the case of Article 6 (1): A fine not exceeding five billion won;

2. In the case of Article 6 (2): A fine not exceeding one billion won.

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