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Milestones

February 4, 1991
Fair Trade Act promulgated by Presidential decree
January 13,1992
Fair Trade Commission Organic Statute promulgated by Presidential Decree

January 27,1992

Fair Trade Commission officially established
February 1, 1992
First-term Commissioners of Fair Trade Commission commenced duties
February 4, 1992
Fair Trade Act takes effect
February 1, 1995
Second-term Commissioners of Fair Trade Commission commenced duties
February 1, 1998
Third-term Commissioners of Fair Trade Commission commenced duties
February 3, 1999
Amended Fair Trade Act promulgated by Presidential Decree
June 16,1999
Amended Supervisory Regulations Governing Multi-Level Sales announced
August 30,1999
Amended Enforcement Rules of Fair Trade Act announced
April 26,2000
Amended Article 9 of Fair Trade Act promulgated by Presidential Decree
February 1, 2001
Fourth-term Commissioners of Fair Trade Commission commenced duties
February 6, 2002
Amended Fair Trade Act promulgated by Presidential Decree
April 24, 2002
Amended Supervisory Regulations Governing Multi-Level Sales announced
June 19, 2002
Amended Enforcement Rules of Fair Trade Act announced
November 26,2003
Amended Supervisory Regulations Governing Multi-Level Sales announced
February 1, 2004
Fifth-term Commissioners of Fair Trade Commission commenced duties
December 24, 2004
Amended Supervisory Regulations Governing Multi-Level Sales announced
February 1, 2007
Sixth-term Commissioners of Fair Trade Commission commenced duties
May 25, 2009
Amended Supervisory Regulations Governing Multi-Level Sales announced
February 1, 2010
Seventh-term Commissioners of Fair Trade Commission commenced duties
June 9, 2010
Amended Article 21 of Fair Trade Act promulgated by Presidential Decree
November 14,2011
Fair Trade Commission Organization Act promulgated by Presidential decree
November 23,2011
Amended Article 21,27, and added Article 35-1 of Fair Trade Act promulgated by Presidential Decree
February 6, 2012
Fair Trade Commission Organization Act takes effect
September 28, 2012
Amended Supervisory Regulations Governing Multi-Level Sales announced
February 1, 2013
Eight-term Commissioners of Fair Trade Commission commenced duties
January 31, 2014
Multi-Level Marketing Supervision Act promulgated by Presidential Decree
April 17, 2014
Enforcement Rules of Multi-Level Marketing Supervision Act announced
May 19, 2014
Regulations for the Establishment and Administration of the Multi-level Marketing Enterprises and Participants Protection Institute announced
February 01, 2015
New Eighth-term Commissioners of Fair Trade Commission commenced duties
February 04,2015
Amended Fair Trade Act promulgated by Presidential Decree
June 24, 2015
Added Article 47-1 of  Fair Trade Act promulgated by Presidential Decree
July 02,2015
Amended Enforcement Rules of Fair Trade Act announced
October 07, 2015
Amended Enforcement Rules of Multi-Level Marketing Supervision Act announced
February 01, 2017
Ninth-term Commissioners of Fair Trade Commission commenced duties
June 14, 2017
Amended Article 11 of Fair Trade Act promulgated by Presidential Decree
Updated at:2018-10-11 10:57:36
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