Article 1(Scope of domestic property) #
The property referred to in Article 1 of the Act on the Prevention of Flight of Domestic Property (hereinafter referred to as the "Act") shall be any one of the following:
1. Currencies, auxiliary currencies, and bank bills;
2. Securities and other bonds;
3. Gold, silver, platinum, and other precious metals and jewelry;
4. Foreign currencies, foreign auxiliary currencies, foreign bills, foreign bank bills, foreign securities, and other foreign bonds;
5. Other movable property and vessels.
[This Article Wholly Amended on Sep. 29, 2011]
Article 2(Application for permission for transferring property) #
A person who intends to obtain permission from the Government under subparagraph 1 of Article 3 of the Act shall submit a written application, stating the following information, to the Minister of Economy and Finance; provided, this shall not apply where a person has obtained permission from the relevant administrative agency under the Customs Act or other statutes or regulations: <Amended on Dec. 30, 2025>
1. Whereabouts and destination of property;
2. Types and amounts of the property to be transferred;
3. Purpose of transfer;
4. Methods of transfer;
5. Career details and personal guarantee letter of the applicant;
6. Other necessary matters.
[This Article Wholly Amended on Sep. 29, 2011]
Article 3(Permission) #
Upon receipt of an application under Article 2, the Minister of Economy and Finance shall examine such application and grant permission only where it is not for purposes of concealing property as specified in Article 1 of the Act. <Amended on Dec. 30, 2025>
[This Article Wholly Amended on Sep. 29, 2011]
Article 4(Procedures for transferring property) #
A person who has obtained permission under Article 3 shall present the permit to the customs office or other relevant agencies and take procedures necessary for the movement of property.
[This Article Wholly Amended on Sep. 29, 2011]
Article 5(Examinations) #
The Minister of Economy and Finance may, when deemed necessary, dispatch subordinate public officials to examine property for which an application has been filed under Article 2 or require a report on such property. <Amended on Dec. 30, 2025>
[This Article Wholly Amended on Sep. 29, 2011]