Industrial Policies (Sales and Others)

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Sales and Others

Installment Sales Law The Law aims at healthy development by guaranteeing fairness in installment sales. Its purpose is to contribute to development of the national economy by protecting interests of purchasers. It sets duties concerning contracts such as stipulation of sales terms and conditions and submission of contract sheets. (Commercial and Consumer Credit Office, Industrial Policy Bureau)

Business Asset Securitization Law The Law aims at fair and smooth implementation of financing (such as issuing asset-backed securities) and protection of investors in relation to securitization of lease credit and others (such as specific credit). It stipulates confirmation of asset securitization plan, approval and supervision of the parties concerned and so forth. (Commercial and Consumer Credit Office, Industrial Policy Bureau)

Door-to-Door Sales and Other Direct Sales Law The Law stipulates rules on business transactions of consumers to guarantee fairness in door-to-door sales, telephone shopping, telephone sales promotion and multilevel marketing system sales. (Consumer Affairs Division, Industrial Policy Bureau)

Law concerning Contracts for Deposit of Specific Commodities and Control of Specific Rights The Law aims at preventing damages from contracts for deposit by guaranteeing fairness in conclusion and implementation of contracts for deposit of specific commodities and the control of specific rights. (Consumer Affairs Division, Industrial Policy Bureau)