Regulations Governing the Establishment, Alterations, and Cessation of Operations of Junior Colleges and Institutions of Higher Education and of Their Branch Campuses and Divisions including Skills-based Senior High School Divisions Article 34

A private junior college or institution of higher education or any branch campus, division, junior college division, or skills-based senior high school division that ceases operating may resume operations after applying to the MOE and obtaining approval to do so; the provisions pertaining to establishment in these Regulations apply, mutatis mutandis, to the procedures for doing so.If a school endowment corporation is no longer operating any private educational institution because any private educational institution it had previously established has ceased operating or been amalgamated with another and the school endowment corporation has not established any other private educational institution, it shall, within three years from the date that the cessation of operations or amalgamation became effective after approval was given, have fully resumed the operations of its previous private educational institution(s), established a new private educational institution, amalgamated with another school endowment corporation, or, in accordance with Article 71 of the Private School Law, have completed becoming a foundation that engages in other educational, cultural, or social welfare activities. If the school endowment corporation fails to complete some such action within the prescribed period, the competent authority for the school endowment corporation shall order the situation to be handled in accordance with the provisions of Article 72 of the Private School Law. If a former school endowment corporation has completed becoming a foundation that engages in other educational, cultural, or social welfare activities, it shall continue to retain related documents and material; if a school endowment corporation is dissolved, it shall seal all related documents and material for safe keeping and shall report to the competent authority in charge of its former educational institution, which shall coordinate the checking of those documents and material and the method of their safe keeping.If a school endowment corporation was no longer operating any private educational institution when these Regulations took effect on January 6, 2017 because any private educational institution it had previously established had ceased operating or been amalgamated with another and the school endowment corporation has not established any other private educational institution, it shall within three years of the amendments to these Regulations taking effect, have fully resumed the operations of its previous private educational institution(s), established a new one, amalgamated with another school endowment corporation, or, in accordance with Article 71 of the Private School Law, have completed becoming a foundation that engages in other educational, cultural, or social welfare activities. If the school endowment corporation fails to complete some such action within the prescribed period, the competent authority for the school endowment corporation shall order the situation to be handled in accordance with the provisions of Article 72 of the Private School Law.