Article 1(Purpose) #
The purpose of this Decree is to prescribe matters mandated by the Act on the Assistance to Vocational Economic Activities and matters necessary for the enforcement thereof.
[This Article Wholly Amended by Presidential Decree No. 23854, Jun. 15, 2012]
Article 2(Criteria for Occupational Organizations) #
“Criteria prescribed by Presidential Decree” in subparagraph 2 of Article 2 of the Act on the Assistance to Vocational Economic Activities (hereinafter referred to as the “Act”) means either of the following subparagraphs:
1. No occupational organization shall be established or operated for the purpose of profit-making;
2. No occupational organization shall be established or operated with the primary objective of supporting or assisting a specific political party or candidate for elected office or spreading the doctrine of a specific religion.
[This Article Wholly Amended by Presidential Decree No. 23854, Jun. 15, 2012]
Article 3(Documents Required to Be Submitted to Obtain Authorization for Establishment of Federation) #
Any person who intends to obtain authorization for the establishment of a federation of occupational organizations (hereinafter referred to as the “Federation”) pursuant to Article 4 (4) of the Act shall submit the following documents to the Minister of the Interior and Safety: <Amended by Presidential Decree No. 24425, Mar. 23, 2013; Presidential Decree No. 25751, Nov. 19, 2014; Presidential Decree No. 28211, Jul. 26, 2017>
1. Documents stating the names, dates of birth, addresses, and personal profiles of promoters (Where a promoter is a corporation, a document stating the name of the corporation, the location of its principal office, and the name, date of birth, address, and personal profiles of its representative);
2. One copy of the articles of incorporation;
3. A list of assets and one copy of the relevant evidentiary document, and one copy of a document evidencing such fact where an application for contribution exists;
4. One copy of a document stating a business plan and a budget for revenue and expenditure for the relevant business year;
5. One copy of a document stating the name, date of birth, address, and personal profiles of a person who is to be inaugurated as an executive officer, and one copy of his/her written consent to inauguration;
6. One copy of the minutes of the inaugural general meeting (Where a promoter is a corporation, a document evidencing its decision on incorporation).
[This Article Wholly Amended by Presidential Decree No. 23854, Jun. 15, 2012]
Article 4(Matters to Be Entered in Articles of Incorporation) #
Matters to be entered in the articles of incorporation of the Federation pursuant to Article 4 (6) of the Act shall be as follows:
1. Objectives;
2. Name;
3. Location of office;
4. Details of business;
5. Qualifications for members;
6. Matters concerning the admission, withdrawal or expulsion of members;
7. Composition of the general meeting and the board of directors, and resolutions at such general meeting and board of directors;
8. Prescribed number of executive officers, their terms of office, and election methods;
9. Matters concerning cost-bearing;
10. Business year;
11. Matters concerning the disposition of surpluses and losses;
12. Amount and accumulation method of reserves and reserve funds;
13. Duration, or grounds for dissolution, of the Federation;
14. Matters concerning the method of public announcement;
15. Matters concerning amendments to the articles of incorporation.
[This Article Wholly Amended by Presidential Decree No. 23854, Jun. 15, 2012]