Legislation & Government Relations Consulting Center 2021-12-15
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Weekly Legislative Report (For the week of Nov 8, 2021 – Nov 12, 2021)

Weekly Legislative Report for the week of  Nov 8, 2021 – Nov 12, 2021
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, produced by our Legislation Strategy Center, provides analyses of plenary sessions of the National Assembly, meetings of Standing Committees, and Subcommittee. In addition, the Center 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 to the service, the Center has also been issuing the Weekly Legislative Report covering various legal issues at the center of public debate along with editorials and columns on the Serious Accidents Punishment Act (“SAPA”) from major dailies. 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

1. Proposed Bill(s)
① Partial Amendment to the Act on the Promotion of Mutually Beneficial Cooperation Between Large Enterprises and Small and Medium Enterprises
This Bill provides that the additional costs arising from the recent surge in raw material prices shall be reflected in the delivery price.

② Partial Amendment to the Environmental Impact Assessment Act

This Bill requires that the concept of “environmental capacity”, be incorporated in the fundamental principles and evaluation items of an environmental impact assessment. The Amendment also stipulates that a development project implemented in the firstgrade zone of the ecological and natural maps where the area of the project plan is 5,000m2 or more shall be subject to smallscale environmental impact assessment.

2. Pending Bill(s)

③ Act on the Promotion of and Support for Mobility
This Amendment seeks to establish a legal basis for introducing the Mobility Regulatory Sandbox.

3. Promulgated Bill(s)

④ Enforcement Decree of the Telecommunications Business Act

This Bill aims to exclude local 5G network specified businesses that use or provide customized network services for buildings in a specific area by using a band frequency from “businesses possessing line equipment,” which are subject to regulations including grounds for disqualification from filing for registration of facilities-based telecommunications business and limitations on stock holdings by foreigners.

4. Bill(s) Undergoing Pre-Announcement of Legislation/Administration

⑤ Partial Amendment to the Enforcement Decree of the Act on the Promotion of Mutually Beneficial Cooperation Between Large Enterprises and Small and Medium Enterprises

This Amendment increases the fine for the refusal to investigate misappropriation of technical data, and imposes a fine for the failure to comply with a non-disclosure agreement.

5. Serious Accidents Punishment Act ("SAPA") Related Editorials and Columns from Major Dailies

[Chosun Ilbo] Construction Safety Special Act is Being Promoted Despite the Enforcement of the Serious Accidents Punishment Act
[Law Times] DR & AJU LLC Lecture on 'Main Points and the Takeaways of the Serious Accidents Punishment
[Edaily] Industrial Accidents Recur, Although the Serious Accidents Punishment Act Will Be in Force Three Months Later

*For more details, please download the PDF file attached.