Gov't seeks more grace period in enforcing act for small firms

Gov't seeks more grace period in enforcing act for small firms

(From L to R) Land Minister Park Sang-woo, Labor Minister Lee Jeong-sik and SMEs Minister Oh Young-ju attend a joint press conference at the government complex in Seoul on Jan. 24, 2024, to call for the National Assembly to pass a revised bill giving an additional two-year grace period for small businesses. The Serious Accidents Punishment Act enacted in 2022, which centers on punishing employers accused of failing to fulfill their duties to prevent fatal accidents at the workplace, will be applied to all businesses starting later this week unless the revised bill is approved. (Yonhap)

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