Enforcement Rule of the Privatization of Government-Owned Enterprises Act Article 17

With respect to the regulations governing the compensation drawn up by various competent authorities as referred to in paragraph 5 of Article 8 of the Act, the scope of compensation shall be limited to losses which are incurred at the time of privatization of government-owned enterprises; provided, however, that if any employees incur any damage to their rights and interests under labor insurance when they were laid off with severance within five years after the date of privatization, they shall be duly compensated.