Recusal of members of the supervisory committee and members of the management committee shall be handled in accordance with the provisions of Article 32 and Article 33 of the Administrative Procedure Act.

The details of procurements, budget, annual financial statements, annual operations plan, and performance report of the key research institute shall be announced within one month of the completion of the procedures stipulated in the provisions of Article 27, Article 41, Article 43, and Article 44 and shall be posted in an area of the website of the national university that is dedicated to the key research institute and accessible to the general public.

The competent authority may form an ad hoc group to visit a key research institute or commission an accountant to examine its accounts for the purpose of understanding its operating circumstances, after the proposal to form such an ad hoc group has been deliberated on and approved by the innovation steering committee

This Act shall take effect on the day of promulgation.