Business Building Lease Protection Act which was enacted on December 29, 2001 and enforced on November 1, 2002. has the purpose to protect petty leaseholder of “Business Building”. According to common opinion depends its purpose that a Leaseholder...
Business Building Lease Protection Act which was enacted on December 29, 2001 and enforced on November 1, 2002. has the purpose to protect petty leaseholder of “Business Building”. According to common opinion depends its purpose that a Leaseholder be social and economic weak. But from my viewpoint, to protect leaseholder of Business Building by the Act is owing to unfair circumstance of concluding of leasing contract between leaseholder and landlord, not simply owing to leaseholder’s being social and economic weak.
The Act shall apply to a “Business Building” as the building that can be registered in Business Register as a business place according to the concerned provision of Tax Acts and restrict the scope of application by the sum of the deposit money. In policy-planning viewpoint the Act has Problems of the lack or the excess of protection. The overprotection is to protect juridical person and organization. In contrast, the deficiency of protect is not to protect leaseholder who can be not registered in Business Register. Democratic Labor Party argued that the Limits of application should be removed in order to enlarge the range of protection by the Act. But according my study there is no necessity that the Act should be reformed.