Amendment to Retail Trade Nationalization Law

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PRESIDENTIAL DECREE NO. 714: Amendment to Retail Trade Nationalization Law

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Title Supreme Court: Amendment to Retail Trade Nationalization Law

Law: Presidential Decree No. 714

Decision Date: May 28, 1975

Presidential Decree No. 714 clarifies and amends the Retail Trade Nationalization Law by excluding sales to industrial or commercial users, farmers, and hotel restaurants from its scope, in order to provide a clearer definition of "retail business" and promote the national economy.

amending

regulation

retail business

END