Regulations Governing Receivership of Banking Institutions Article 13

The expenses and liabilities accruing from the receiver’s efforts to maintain the operation of the banking institution under receivership and perform duties shall be borne by the banking institution under receivership and paid with the property of the banking institution under receivership from time to time. The said necessary expenses and liabilities include:1. The expenses and liabilities accruing from the contract made and entered into between the banking institution under receivership and the institution doing credit card business, deposit insurance corporations or service businesses established in accordance with Article 47-3 of the Banking Act;2. The expenses of arbitration and compulsory execution procedures and the payables ordered through enforceable arbitration;3. The expenses or liabilities accruing from the routine operation and management of the banking institution under receivership;4. The non-deposit debts of the banking institution under receivership that have been guaranteed with pledge, mortgage or lien against its own debts and that may be fully repaid;5. The expenses of communication, salary for the extended working hours, business travel and personal accident and liability insurances incurred by or for the receiver’s personnel. The standard of business travel for the receiver’s officials shall be defined according to the internal rules of the receiver.6. The expenses of the professionals retained, assigned or contracted by the receiver to perform the receivership duty; and7. The payables incurred from collection and payment agency services and other service-oriented businesses.