Regulations for Start-up Assistance for the Unemployed Under Employment Insurance Article 25

If a lending financial institution fails to conduct the verification procedures required under Paragraph 3, Article 18, and the loan recipient business or its responsible person is found to meet any of the conditions set forth in Subparagraphs 1 or 2 of Article 17 or in Paragraph 1 of Article 23, the institution shall return the disbursed interest subsidy to the MOL.