Act for the Development of Tourism Article 42

Corporate tourist hotel enterprises, hotel enterprises, travel agencies, tourist amusement enterprises, or homestay facilities intending to suspend operations or business for more than one month, shall file the report of the minutes of shareholders’ meeting or shareholders’ approval within fifteen days to the competent authorities. Non-corporate operators shall submit applications detailing the reasons to the said authority.An application as indicated in the preceding paragraph may not be made for a suspension of operations in excess of one year. The operators may however apply, with reasonable justifications, for an extension of suspension for up to one year. The application for extension should be filed within the final fifteen days of the original period of suspension.After the suspension period expires, the operator shall file for business resumption with the administrative authority in fifteen days.In the event that the operator fails to file the report according to the first paragraph or to apply for business resumption according to the third paragraph for more than six months, the authority may revoke the operation license or registration certificate of the business.