Act for the Establishment and Administration of the Financial Restructuring Fund Article 13

The proceeds from disposing of the assets of distressed financial institutions taken over by the Fund by tender offer, auction, or other means shall be deposited into the Fund.For the management and disposal of assets assumed by the Fund, the Fund may entrust CDIC to collect, value, consolidate, offer public tender, and handle securitization. Article 15-1 of the Deposit Insurance Act may apply mutatis mutandis when CDIC is entrusted to carry out the aforesaid affairs.The Fund shall bear the cost that CDIC may incur in handling the affairs provided in the preceding paragraph and Article 10 herein.Article 25 to Article 27 and Article 88 of the Budget Act do not apply when the Fund takes action pursuant to paragraph 1 of Article 10 and the preceding three paragraphs.