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Article 4-1
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When, in the event of an extended holiday or other circumstance, there is a likelihood that issuers may be unable to carry out the public announcement and filing of their monthly operating reports by the deadline, the competent authority may publicly announce an extension to the deadline for public announcement and filing.
When an issuer is affected by an earthquake, flood, or any other force majeure event, such that the issuer is unable to publicly announce and file the monthly operating report by the deadline, it may apply with the competent authority to extend the deadline for public announcement and filing.
When an issuer applies to extend a deadline for public announcement and filing pursuant to the preceding paragraph, it shall apply to the competent authority for approval within 15 days counting inclusively from the date of occurrence of the fact and furthermore prior to the public announcement and filing deadline, by submitting the reasons for its inability to make the public announcement and filing by the deadline, information documenting those facts, and a proposed extended deadline. The deadline may be extended for no more than 20 days, but may be extended again when necessary.
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