A defendant shall be punished by a fine of 500,000 won.

When the defendant does not pay the above fine, 100,000 won.

Punishment of the crime

The Defendant is the head of the partnership of the Housing Redevelopment Development Project Association B (hereinafter “instant partnership”).

Article 24 (3) 4 of the Act on the Maintenance and Improvement of Urban Areas and Residential Environments (amended by Act No. 14567, Feb. 8, 2017; hereinafter the same shall apply). According to the articles of incorporation of the association of this case, a plan to use the cost of maintenance and improvement project shall be determined through the resolution of the general meeting (Article 21 subparagraph 4 of the articles of association of the association of this case); the members' general meeting shall be convened once a year by the president of the association; the year of the association (the fiscal year of the association of this case shall be from January 1 to December 31 of each year); the budget bill of the association of this case shall be held within 0 months from the end of each year pursuant to Article 2 of the Rules on the Budgeting of the Association; the reasons and period may be changed within 6 months if inevitable; and the head of the association may temporarily submit the budget bill of this case to the general meeting by 30th day after the resolution of the general meeting (the general meeting of this case shall be held by 10th day after 2.

In this regard, the Defendant would not hold a general meeting of union members unless there is a compelling reason to do so. However, the Defendant would pay the maintenance project cost for the fiscal year 2017 by March 31, 2017.