Ministry of Legislation: "A Total of 26 New Laws to Be Enforced in November"

Starting next month, support for housing stability for victims of jeonse fraud will be expanded, and the recognized monthly payment amount for the Housing Subscription Savings will be raised to 250,000 won.


[Photo by Ministry of Government Legislation]

[Photo by Ministry of Government Legislation]

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On the 31st, the Ministry of Government Legislation announced that a total of 26 laws, including these measures, will be newly enforced next month.


From the 11th of next month, under the enforcement of the Jeonse Fraud Victims Act, if requested by victims of jeonse fraud, public housing project operators will be able to acquire the priority purchase rights of the victims and purchase the jeonse fraud-affected housing at auction, then prioritize supplying it as public rental housing to the victims.


Jeonse fraud victims can reside for 10 years without rental fee burden, and any profits generated from auctions or public sales will be used as rental fees. The government will support any shortfall in rental fees if there are no profits from the purchase costs or if the auction profits are insufficient to cover the rental fees.


After residing in the affected housing for 10 years, jeonse fraud victims can extend their stay for up to an additional 10 years at rental rates lower than those in the private sector, or receive the remaining amount after deducting 10 years’ worth of rental support from the auction profits.


Additionally, from the 1st of next month, the monthly recognized payment limit calculated based on the total savings in the Housing Subscription Savings will be increased from 100,000 won to 250,000 won. In particular, this year, the annual income deduction limit for payments into the Housing Subscription Savings has been raised from 2.4 million won to 3 million won, and with the increase in the monthly recognized payment amount, the income deduction benefits will also expand.


Furthermore, from the 15th of next month, under the Enforcement Decree of the Food Sanitation Act, the scope of food vending machine operations will be expanded to include the sale of foods that have undergone automatic mixing or processing inside the vending machines, thereby strengthening hygiene management.


Previously, food vending machine operations were defined as selling finished food products placed inside vending machines. However, with the increase of multifunctional food vending machines such as robot coffee machines, meal kit vending machines, and cotton candy vending machines, there was a need to strengthen hygiene management for these machines, and the legal basis has now been established.


Moreover, from the 1st of next month, under the enforcement of the Win-Win Cooperation Act, to establish a sound order in consignment transactions and prevent the use of unfair contract terms, the Minister of SMEs and Startups will be able to prepare standard agreements or designate standard contracts under other laws and recommend their use to consignors and consignees.


In such cases, the list of recommended standard agreements and contracts must be posted on the Ministry of SMEs and Startups’ website. Also, when establishing or revising standard agreements, the opinions of consignors, consignees, or small business organizations involved in the relevant field must be mandatorily heard. The Ministry of Government Legislation explained that this institutionalizes a procedure where transaction parties directly participate to ensure that standard agreements reflecting industry characteristics and business realities are disseminated.



The reasons for the enactment and revision of laws newly enforced next month, as well as their main contents, can be found on the National Law Information Center website.


This content was produced with the assistance of AI translation services.

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