LAWS & GUIDELINES

Ministerial-level central administrative organization under the authority of the Prime Minister functions as a quasi-judiciary body.

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Installment Transactions

Various law information found on this page is collected from Official Gazettes and other published sources and provided for public convenience.

The law information provided on this page is not legally enforceable and is only for the reference.

The information on Korean law including the constitution, act, treaty, presidential decree, administrative rules, local laws and regulations and judicial decisions is enforceable under Official Gazettes.

The foreign language version of the law is not an official translation of the original text and it is only for the reference.

If there's any conflict between the Korean version and the foreign language version of the law, the Korean version shall prevail.

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Installment Transactions(List) - No, title, date,
No Title Date File
6 Public Notice on detailed criteria, etc. for imposing administrative monetary penalties on business entities that violate the installment transactions act 2017-05-01 download
5 Public notice on criteria for calculating refund following rescission of prepaid installment contracts 2017-11-14 download
4 Guidelines for consumer protection in prepaid installment transactions 2016-11-16 download
3 Public notification on the methods for making public announcements on the succession to the status of prepaid installment business operators or agreements on the transfer of prepaid installment contracts 2016-06-24 download
2 Enforcement decree of the installment transcations act 2017-04-11 download
1 Installment transactions act 2016-03-29 download