(1) Reasons for Proposal

This amendment aims to prohibit car rental business entities from newly renting any car if any of their motor vehicles for car rental business are found defective unless the entity receives corrective action to ensure the safety of such motor vehicles and prevent any accident due to their defects, and to define how and what to notify as a defect under applicable laws as the Passenger Transport Service Act (Act No. 17234; promulgated on April 7, 2020; enforced on October 8, 2020) was amended to notify the rentee of a defect if such motor vehicles are already being rented.

(2) Major Provisions

A. Prepare how and what the car rental business entity notifies as a defect to the rentee (Article 70-2 newly inserted)

1) Require the car rental business entity to notify the rentee of the automaker’s corrective action plan and the car rental business entity’s contact information via postal mail or text message within 30 days from the day it is notified by the automaker