As the first-ever Korean law firm to issue specialized legislative journals, DR & AJU LLC has been publishing the monthly Policy & Business (P&B) Report since August 2019. The P&B Report provides analyses of plenary sessions of the National Assembly, as well as standing committee and subcommittee meetings. In addition, the firm has been co-hosting the Future Leaders Forum with the Herald Business, inviting chairpersons of standing committees to discuss relevant legislative issues and tasks.
As an extension of this service, DR & AJU has also been issuing the Weekly Legislative Report, which covers various legal issues at the center of public debate along with editorials and columns on the Serious Accidents Punishment Act (“SAPA”) from major daily news outlets. The report will be released with an update on newly proposed or pending bills. Enclosed is this week’s legislative report, and please refer to the P&B Report for further details.
If you wish to subscribe to the P&B Report or have any other queries, please contact us at pr@draju.com.
1. Proposed Bill(s)
① Partial Amendment to the Act on the Management of Public Institutions
This Amendment imposes administrative fines not exceeding KRW 30 million to public institutions that fail to publicly disclose management information or disclose false information.
② Partial Amendment to the Food Sanitation Act
This Amendment orders the disgorgement of selling prices from persons who are subject to penalty surcharges in lieu of business suspension of at least two months for selling harmful foods.
2. Pending Bill(s)
③ Partial Amendment to the Labor Standards Act
This Amendment extends the sunset clause of the provision that enables small workplaces with less than 30 employees to extend work hours up to 8 hours per week in addition to 12 hours per week for two years, from December 31, 2022, to December 31, 2024.
3. Promulgated Bill(s)
④ Enforcement Decree of the Act on the Improvement of Urban Areas and Residential Environments
This Enforcement Decree enables the construction ratio of rental housing units to be calculated based on the total floor area as well as the total number of housing units in the redevelopment project.
4. Bill(s) Undergoing Pre-Announcement of Legislation/Administration
⑤ Partial Amendment to the Enforcement Decree of the Multi-family Housing Management Act
This Amendment expands the scope of multi-family housing that has to disclose the details of management expenses from housing with at least 100 households to those with at least 50 households.
5. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies
