For the purpose this Act, the definitions of terms shall be as follows:
(1) The term “social enterprise” used in this Act means an organization which is engaged in business activities of producing and selling goods and services while pursuing a social purpose of enhancing the quality of local residents’ life by means of providing social services and creating jobs for the disadvantaged, as an enterprise certified according to the requirements prescribed in Article 7;
(2) The term “the disadvantaged” used in this Act means people who have difficulty in purchasing social services necessary to themselves for a market price, the detailed criteria thereof shall be determined by the Presidential Decree;
(3) The term “social service” used in this Act refers to service in education, health, social welfare, environment and culture and other service proportionate to this, whose area is prescribed by the Presidential Decree;
(4) The term “connected enterprise” used in this Act means an enterprise which provides a certain social enterprise with various support including financial assistance, management consultation, etc. and is a personally, materially and legally independent entity of the social enterprise; and
(5) The term “connected local government” used in this Act refers to a local government which provides administrative and financial supports for a certain social enterprise with the aim to expand social service and create jobs for the sake of local residents.
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