Article 1(Purpose) #
The purposes of this Enforcement Decree are to prescribe matters delegated by the Government Enterprise Budget Act and matters necessary for enforcement of the Act.
Article 2(Scope of business) #
The scope of each business prescribed in Article 2 of the Government Enterprise Budget Act (hereinafter referred to as the "Act") shall be as follows:
1. Postal business: postal business of the government and incidental business thereto;
2. Post office deposits business: post office deposits business of the government and incidental business thereto;
3. Grain management business: grain management business of the government and incidental business thereto;
4. Procurement business: procurement business of the government and incidental business thereto.
Article 3(Increase or decrease of net assets) #
(1) The head of the relevant central government agency shall, when he or she intends to increase or decrease net assets of special accounts in accordance with Article 10 of the Act, submit a written request for increase or decrease of net assets to and obtain approval of the Minister of Finance and Economy. <Amended on Dec. 30, 2025>
(2) When the Minister of Finance and Economy has approved increase or decrease of net assets of the special accounts in accordance with paragraph (1), he or she shall notify the Minister of Planning and Budget and the Board of Audit and Inspection of such approval. <Amended on Dec. 30, 2025>
Article 4(Substitutional agency) #
"Substitutional agency prescribed by Presidential Decree" in Article 12 of the Act refers to the Agricultural Cooperative Economic Holding Company under the Agricultural Cooperatives Act. <Amended on Jun. 27, 2017>
Article 5(Holding and managing of revolving fund) #
When special accounts intend to hold and manage the revolving fund in accordance with Article 13(2), the head of the relevant central government agency shall formulate a management plan, including the size and purpose, etc. of the revolving fund, and obtain approval of the Minister of Planning and Budget until January 3 of each year. This shall also apply to cases where special accounts intend to mutually change by not less than 30/100 of detailed items of the revolving funds and manage them. <Amended on Dec. 30, 2025>
Article 6(Statement of increase or decrease in inventory) #
A statement of increase or decrease in the inventory attached by the head of the relevant central government agency under subparagraph 4 of Article 17 of the Act shall include matters in the following subparagraphs:
1. Inventory condition and estimated inventory as of the end of the year before the previous year;
2. Plan of supply and demand of stored goods of the relevant year;
3. Estimated inventory as of the end of the relevant year.
Article 7(Expenditure incurred in generating revenue) #
When the head of the relevant central government agency intends to use the excess revenue in accordance with Article 19(2) of the Act, he or she shall submit the statements referred to in the following subparagraphs to the Minister of Planning and Budget: <Amended on Dec. 30, 2025>
1. A statement of excess revenue;
2. A statement of expenses directly related to excess revenue;
3. Documents necessary for specifying details of used excess revenue.
Article 8(Re-appropriation of budget) #
The scope of re-appropriation of expenses referred to in each paragraph or item of the annual expenditure budget by the head of the relevant central government agency in accordance with Article 20(1) of the Act shall be determined by the Minister of Planning and Budget each fiscal year. <Amended on Dec. 30, 2025>
Article 9(Transfer of accumulated funds or surplus into general accounts) #
(1) When it is necessary to transfer the accumulated funds or surplus of special accounts into general accounts in accordance with the proviso of Article 21 of the Act, the Minister of Planning and Budget shall draft a statement of transfer of accumulated fund or surplus in consultation with the head of the relevant central government agency, and obtain approval of the President after undergoing deliberation of the State Council. <Amended on Dec. 30, 2025>
(2) The statement of transfer of accumulated funds or surplus under paragraph (1) shall be accompanied by the statement of change in net assets of the special accounts in the relevant year.