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Unfair Competition Prevention and Trade Secret Protection Act — Article 9-5 (Penalty Surcharges)

부정경쟁방지 및 영업비밀보호에 관한 법률 제9조의5

This English translation is based on the Korean text effective 2024-08-21. The Korean law has since been amended (current version effective 2026-05-28) — check the Korean original.

(1) Where the Commissioner of the Korean Intellectual Property Office is to issue an order for suspension of duties under Article 9-4 (3) and such suspension of duties is likely to cause severe inconvenience to persons who utilize the relevant original document certification agency or cause harm to public interest, he or she may impose a penalty surcharge not exceeding 100 million won in lieu of the suspension order.

(2) Where a person who is subject to the imposition of penalty surcharge under paragraph (1), fails to pay the penalty surcharge by the due date, the Commissioner of the Korean Intellectual Property Office shall collect it in the same manner as delinquent national taxes are collected.

(3) The amount of a penalty surcharge and the method of calculation thereof according to the types and gravity of violations subject to the imposition of penalty surcharges under paragraph (1), and other necessary matters shall be prescribed by Presidential Decree.[This Article Newly Inserted on Jul. 30, 2013]

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