Supplementary Provisions, Article 5

①A person that, at the time this Act comes into effect, is actually a licensed installment seller and that has made a business security deposit pursuant to the provisions of the Installment Sales Act prior to the amendment by the provisions of Article 1 (hereinafter referred to as the "Former Act") may conclude contracts for prepaid installment sales in accordance with the provisions then in force until the day on which 50 days have passed counting from the day following the first base date prescribed in Article 18-3, paragraph (1) of the New Act to arrive after this Act comes into effect.

②Of the business security deposit that a person that, at the time this Act comes into effect, is actually a licensed installment seller has made pursuant to the provisions of the Former Act, the business security deposit of an amount equivalent to the amount prescribed in Article 17, paragraph (1) of the New Act is deemed to be a business security deposit made pursuant to the provisions of Article 16, paragraph (1) of the New Act, and the business security deposit of an amount exceeding the amount prescribed in Article 17, paragraph (1) of the New Act is deemed to be a business deposit for prepaid services made as the preservative measures for advances received referred to in Article 18-3, paragraph (2) of the New Act.

③With regard to a person that, at the time this Act comes into effect, is actually a licensed installment seller, the phrase "one-half" in Article 18-3, paragraphs (1) and (2) of the New Act is deemed to be replaced with "five-twelfths" with respect to the first base date prescribed in paragraph (1) of that Article to arrive after this Act comes into effect.