Article 1(Purpose) #
The purpose of this Act is to contribute to the development of democratic constitutionalism by protecting and promoting the Republic of Korean Parliamentarian Society, being an incorporated association.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]
Article 2(Contribution of Subsidies) #
(1) The State or a local government may contribute subsidies to the Republic of Korean Parliamentarian Society as an incorporated association (hereinafter referred to as the "Parliamentarian Society") in order to raise funds and meet expenses, etc. necessary for operation of the Parliamentarian Society and support to senior members thereof (referring to persons at least aged 65; hereinafter the same shall apply).
(2) The Parliamentarian Society may receive monetary or other property contributions from individuals, corporations or organizations.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]
Article 2-2(Stipends for Senior Members) #
(1) The Parliamentarian Society may pay stipends (hereinafter referred to as "stipends for senior members") to its senior members (limited to senior members who served as member of the National Assembly on or before May 29, 2012. Hereinafter the same shall apply.): Provided, That this shall not apply to any of the following: <Amended by Act No. 12110, Aug. 13, 2013; Act No. 13796, Jan. 19, 2016>
1. A former or the current president;
2. A person who has served as member of the National Assembly for less than one year (except where the term of office of a member of the National Assembly is reduced or expired due to an amendment to the Constitution or a dissolution of the National Assembly);
3. A State public official under Article 2 of the State Public Officials Act, a local public official under Article 2 of the Local Public Officials Act, or a person holding office as a public official pursuant to other Acts or subordinate statutes;
4. An executive or employee who receives a set of remuneration, subsidization of business operation or other activities of a similar nature each month from a local government or a local government-controlled enterprise, local government-invested public corporation or local government public corporation established under the Local Public Enterprises Act;
5. An executive or employee who receives a set of remuneration, or subsidization of business operation or other activities of a similar nature each month from a public institution designated under Article 4 of the Act on the Management of Public Institutions or a public service-related organization prescribed by the Public Service Ethics Act;
6. A person who has lost Republic of Korea nationality;
7. A member who has been removed from office while serving as a member of the National Assembly upon being expelled or receiving a final and conclusive verdict of guilty;
8. A person sentenced to imprisonment without labor or heavier punishment upon receiving a final and conclusive verdict of guilty as of the payment date of stipends for senior members and has not finished or been exempted from execution thereof;
9. A person whose monthly average household income computed by aggregating the global income classified in Article 4 (1) 1 of the Income Tax Act (aggregating the income of all persons registered in the resident registration card of the household to which the relevant senior member belongs, which is prepared under Article 7 of the Resident Registration Act: Provided, That half of the annuity income and the income of any cohabitant shall be excluded; hereinafter the same shall apply) exceeds the monthly average income per household of city workers in the preceding year;
Article 3(Lending State or Public Property, etc.) #
(1) If necessary to support the Parliamentarian Society, the State or local governments may lend State or public property to the Parliamentarian Society or allow the Parliamentarian Society to use such property or to make profit therefrom rent-free within the extent that it does not defeat the purpose of use of State or public property.
(2) Where State or public property is lent or allowed to be used or make profit rent-free under paragraph (1), the details, terms, procedures, etc. thereof shall be laid down in a contract between the management agency of the relevant property and the Parliamentarian Society.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]
Article 4(Approval for Business Plans, etc.) #
(1) The Parliamentarian Society shall prepare a business plan and budget bill for each fiscal year, submit them to the Speaker of the National Assembly, and obtain approval therefrom. The same shall apply to any modification thereof.
(2) The Parliamentarian Society may engage in a profit-making business necessary for achieving the objectives of the Parliamentarian Society after approval by the Speaker of the National Assembly.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]
Article 5(Reports on Statements of Accounts, etc.) #
(1) The Parliamentarian Society shall prepare a report on the settlement of accounts of revenue and expenditure for each fiscal year, along with a report on business performance for the relevant year and submit them to the Speaker of the National Assembly by not later than the end of March of the following year.
(2) The report on the settlement of accounts of revenue and expenditure pursuant to paragraph (1) shall be accompanied by an audit report prepared by a certified public accountant designated by the Speaker of the National Assembly.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]
Article 6(Prohibition of Use of Similar Titles) #
No entity, other than the Parliamentarian Society under this Act, shall use the title, “Parliamentarian Society of the Republic of Korea” or similar titles.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]
Article 7(Divestiture of Residual Property) #
Where the Parliamentarian Society dissolves, Article 13 of the Act on the Establishment and Operation of Public Interest Corporations shall apply mutatis mutandis to the management of residual property.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]
Article 8(Fines for Negligence) #
Any person who violates Article 6 shall be punished by a fine for negligence not exceeding one million won.
[This Article Wholly Amended by Act No. 15712, Jun. 12, 2018]