The Act Governing the Settlement of Ill-gotten Properties by Political Parties and Their Affiliate Organizations Article 4

For the purposes of this Act the following definitions apply:(1) ‘Political parties’ means parties formed before July 15, 1987 and had been recorded in accordance with the Act Dealing with Civil Associations during Period of National Mobilization in Suppression of Communist Rebellion.(2) ‘Affiliated organizations’ means a legally separated juristic person, group, or institution whose personnel, finance, or operation is substantially controlled by the political parties. A juristic person, group, or institution is also an affiliated organization if it was once substantially controlled by the political parties in terms of personnel, finance, or operation and has acquired its separated status and assets from the political parties without paying fair price.(3) ‘Trustee’ means a third person who manages assets entrusted or assigned by the political parties or its affiliated organization.(4) ‘Ill-gotten party assets’ means assets the political parties has either acquired for themselves or allowed their affiliated organizations to acquire through conducts which are against the nature of political parties and the principles of democracy and the rule of law.