Agency Training Organizations Must Employ at Least One Instructor Including Professors, Judges, or Prosecutors... Fair Trade Commission Legislative Notice
[Asia Economy Sejong=Reporter Dongwoo Lee] From now on, organizations responsible for education related to dealership transactions must employ at least one full-time instructor qualified with experience in dispute mediation related to dealership transactions, such as university professors, judges, prosecutors, and lawyers.
The Fair Trade Commission announced on the 16th that it will publicly notify the amendment to the Enforcement Decree of the Dealership Act, which includes standards for educational institutions related to dealership transactions, until the 28th of next month.
This amendment sets detailed provisions ahead of the enforcement of the revised Dealership Act starting in June, establishing requirements for the facilities, personnel, educational achievements, and expertise of organizations performing dealership education tasks.
First, it requires lecture rooms of at least 150㎡ and facilities capable of providing video education to 10 or more people simultaneously. The institution must have handled at least 30 dispute mediation cases related to dealership transactions in the past three years before designation, and have educational achievements with at least 50 suppliers or 100 dealerships.
The revised Dealership Act also introduced the consent decision system. The consent decision system allows the Fair Trade Commission to close a case if a business under investigation for legal violations submits a corrective plan and the plan is deemed appropriate.
The revised law stipulates that if a business fails to comply with the consent decision, the Fair Trade Commission may impose a daily enforcement penalty of up to 2 million KRW.
The Fair Trade Commission decided to apply related provisions of the Enforcement Decree of the Fair Trade Act regarding the imposition procedures of enforcement penalties and procedures for non-payment. If a business that applied for and was accepted for a consent decision due to a violation of the Dealership Act fails to fulfill its voluntary correction promise and receives a notice of enforcement penalty imposition, it must pay the penalty within 30 days.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- SungSook Han: “Linking Support for Small Business Owners During Suspension or Closure With Psychological Recovery Systems”
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
A Fair Trade Commission official said, “Once the amendment to the enforcement decree is finalized and implemented, support for dealership owners in various aspects such as education and counseling will be possible, contributing to the enhancement of dealership owners’ rights and interests.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.