KRPIA Code WG - IFPMA

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KRPIA CODE & WORKING GUIDELINE JAN 11, 2011 Article 20 (Record Management by KRPIA) KRPIA Fair Competition Code Working Guideline ① KRPIA shall preserve the following materials for 5 years: 1. Materials reported, submitted, notified by, member companies, materials managed by KRPIA, and materials subject to deliberation and decision by CDC pursuant to Articles 7, 8, 9, 10, 12, and 15; and 2. Information on CDC’s investigations and actions pursuant to Articles 17 and 18. ② KRPIA shall faithfully respond to requests to submit the materials under Paragraph 1 made by the KFTC or MOHW. Article 21 (Appeal, etc.) ① If a member company has an objection to the contents of deliberation and resolution of the CDC, it may appeal in writing to the CDC within 15 days from the date of notice of the contents of deliberation and resolution of the CDC. ① KRPIA may set up an ethical business practice committee for effective implementation of the Code. ② The ethical business practice committee shall perform the following duties and report the result thereof to the CDC. 1. Review and reply to inquiries of member companies concerning interpretation of the Code; 2. Set up and implement plans to educate member companies regularly about the Code 3. Support the education on the Code by member companies; 4. Prepare and distribute Q&A booklet in connection with the Code; and 5. Prepare and distribute a manual on ethical business practices to member companies. Article 32 (Record Management by KRPIA) ① Unless otherwise stipulated in this Guideline, KRPIA shall ensure that only the officers, employees, commissioners of KRPIA, or the relevant member companies have access to the materials submitted by the member companies under Article 20, Paragraph 1, Item 1 of the Code. ② The management and submission of materials under Article 20 of the Code may be carried out electronically. Article 33 (Appeal) In the event the resolution cannot be made within the period set forth under Article 21, Paragraph 2 of the Code due to unavoidable circumstances, the CDC may decide to extend the period up to 30 days. 24/25
KRPIA CODE & WORKING GUIDELINE JAN 11, 2011 KRPIA Fair Competition Code Working Guideline ② CDC shall re-deliberate and resolve the appeal set forth in Paragraph 1 within 30 days, and notify the results to the relevant member company. ③ CDC shall promptly take actions pursuant to its decision letter, absent any appeal under Paragraph 1. CHAPTER 4 SUPPLEMENT Article 22 (Amendment to or Repeal of the Code) Any amendment to this Code shall be subject to KFTC’s prior review. Addendum ① (Effective Date) The effective date of this Code shall be determined and announced by KFTC. Article 34 (Calculation of Periods) Article 156 (Starting Point of Computing Period) or Article 161 (Holiday and Maturity Point of Period) of the Korean Civil Code shall apply in calculating the periods under the Code and this Guideline. Article 35 (Calculation of Amounts) The price of goods under this Guideline shall be determined at the fair market value of the goods concerned or similar goods, and the price of goods without any market value shall be determined at the cost incurred by the member company providing them. Article 36 (Service of Documents) The provisions under Articles 14 through 16 of the Administrative Procedures Act shall apply to the service of documents hereunder. Article 37 (Confidentiality) Any commissioners, and officers and employees of KRPIA, who are working or have worked in connection with the duties under the Code, shall not disclose or exploit for purposes other than implementation of the Code the confidential information of member companies acquired while in office. Addendum ① This Guideline shall become effective on the date of approval by the CDC. 25/25
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