Chapter VIII Supplementary Provisions
(Constructive Provision Regarding Public Issuance)
Corporate shares or corporate bonds publicly issued under the Administrative Rules of Securities Firms prior to the effective date of this Act shall be deemed as having been publicly issued under this Act.
(Establishment of a Specialized Court Division or Designate of a Specific Person for Trial of Criminal Cases)
A court may establish a specialized division or designate a specific person(s) to try criminal cases involving violation of this Act
(Time of Application)
A requirement by the Competent Authority for the establishment of independent directors pursuant to the proviso of Article 14-2, paragraph 1, the establishment of an audit committee pursuant to the proviso of Article 14-4, paragraph 1, or the ipso facto dismissal of a director or supervisor pursuant to Article 26-3, paragraph 6 during the enforcement of Article 26-3 may be applied from the time of expiration of the term currently being served by the directors or supervisors.
The Enforcement Rules of this Act shall be prescribed by the Competent Authority.
(Date of Enforcement)
This Act shall be enforced from the date of promulgation, with the exception of Article 54, Article 95, and Article 128, which were amended and promulgated on 7 May 1997 and 19 July 2000 and enforced from 15 January 2001; Articles 14-2 through 14-5 and Article 26-3, which were amended and promulgated on 11 January 2006 and enforced from 1 January 2007; the articles amended and promulgated on 30 May 2006, which are enforced from 1 July 2006; the articles amended and promulgated on 10 June 2009, which are enforced from 23 November 2009; Article 36 amended and promulgated on 2 June 2010, which is enforced from 1 January 2012; and Article 36, paragraph 1, subparagraph 2 amended and promulgated on 4 January 2012, which is enforced from the accounting year of 2013.
Article 43-1 of this Act as amended on 21 April 2023 will be enforced from 1 year after promulgation.