Regulations Governing the Assessment and Examination of Satellite Broadcasting Business and Foreign satellite broadcasting business Article 5-1
Should there be no record of violation of this Act from the first to third year of the validity period of the license, direct satellite operators, foreign direct satellite operators, foreign program operators, and program operators, as well as other type channel and program supply businesses, whose channels under assessment do not produce or transmit specific category programs may register the following information on the website designated by the regulatory agency according to the type of business; the provisions of Article 3 and Article 4 shall not apply:1. Basic data, channel planning and arrangement of direct satellite operators and foreign direct satellite operators (Attached Form 1-1);2. Basic data of foreign program operators, program operators, or other type channel and program (Attached Form 2-1), basic data of channels(Attached Form 2-2) and broadcasting platforms (Attached Form 2-3);3. Status of Implementation of commitment matters and matters that should be improved (or corrected) for the establishment application or license renewal (Attached Form 4-1);4. Status of Implementation of other provisions of administrative dispositions, commitment matters or matters of administrative guidance (Attached Form 4-2);5. Detailed statement of operating income (Attached Form 5-1);6. Detailed statement of operating expenses (Attached Form 5-2);7. Financial statements during the assessment period;8. Self-assessment report;9. An Affidavit confirming that there are no violations of the circumstances specified in Article 11 and Article 12 of these regulations (Attached Form 7) and their corroborating documents.For a business under assessment subjected to provisions provided in the preceding paragraph, the registered items of the business shall be exempt from the examination and assessment based on the examination items specified in Article 8 and Article 9. If there are no circumstances specified in Article 11 and Article 12 of these regulations, it shall be assessed as qualified (see Attached Form 8 for the flow chart).The production and transmission of specific category programs specified in the first paragraph include the following:1. News programs;2. Financial news programs;3. Finance and stock market programs;4. Children and youth programs;5. Restricted programs.Provisions of the first and the second paragraphs shall not apply to local channels and shopping channels.