Private School Act Enforcement Rules Article 9

When a school's corporate body changes its registration as a corporate body pursuant to Article 13, Paragraph 3 of the Act due to the increase or decrease of real estate or major property, the school's corporate body's petition shall bear the signatures/seal impressions of the current chairperson and a majority of directors, and shall bear the school's corporate body's official seal impression. In addition, the school's corporate body shall submit a property change checklist and a CPA-audited and certified statement within five months after the end of the academic year. The application materials shall be submitted to the corporate body's competent authority for approval and forwarded to the court with jurisdiction for implementation of change of registration.The petition and property change checklist in the foregoing article and foregoing paragraph shall be submitted in quadruplicate. Any leased land or buildings shall be handled as prescribed in Article 7, Paragraph 4.