Data Source:Laws and Regulations Retrieving System of the Banking Bureau


Title: Regulations Governing the Qualifications and Election/Appointment of Membership Representatives, Directors, Supervisors and Managerial Officers of Credit Cooperatives (2020.10.26 Modified)

  Chapter 6 Supplemental Provisions

Article   51    If an incumbent managerial officer of a credit cooperative receives a promotion or takes office after the promulgation of these Regulations, the officer shall possess the qualifications set out herein. An officer who is promoted or takes office without possessing the required qualification shall be discharged ipso facto.
Article   52    The Regulations herein shall come into force on the date of promulgation.
The provisions of the Regulations that are amended on December 10, 2014 shall come into force on June 10, 2017.