Seoul Peace Prize

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Chapter1 : GENERAL RULES

Article 1(Purpose)

• This Regulation is to prescribe the operation of the Seoul Peace Prize(hereinafter referred to 'the prize') and the establishment, organization, function and running of the Seoul Peace Prize Committee(hereinafter referred to 'the committee')

Article 2(Establishment)

• The committee shall be set up in accordance with Article 34 of the Statute of the Seoul Peace Prize Cultural Foundation.

Chapter2 : THE SEOUL PEACE PRIZE

Article 3(Purpose of the Prize)

• The purpose of the Prize is consistent with the spirit of the 1988 Seoul Olympic Games which were held in an atmosphere of international harmony and friendship. The goal is to encourage and recognize those who have contributed to the establishment of a peaceful world with reconciliation, harmony and prosperity among peoples and nations.

Article 4(Eligibility for the Prize)

• The Prize shall be awarded to individual(s) or institution(s) that have significantly contributed to world peace and harmony in any field of human endeavours, regardless of nationality, race, religion or ideology.

Chapter3 : AWARDING

Article 5(Presentation)

• The Prize shall be presented biennially.

Article 6(Recipient)

1. The winner of the Prize shall be either a person or an institution. However, two or more persons or institutions may be jointly awarded the Prize for the same achievement.
2. A deceased person is not eligible for the Prize unless the death occurred subsequent to the announcement of his/her selection by the Committee; then, a posthumous awarding may be made. In this case, the Prize shall be given to the winner's heirs or heiresses according to the stipulations of the Civil Law of the Republic of Korea.

Article 7(Prize)

1. The Prize consists of a diploma, a plaque, and a monetary award of US$200,000.
2. In case of a joint awarding, the diplomas and plaques shall be given to all recipients with the monetary award being equally divided between/among them.

Article 8(Date and Place of Presentation)

• The Prize shall be awarded at a ceremony to be held in Seoul, Korea around the anniversary of the 24th Seoul Olympic Games.

Article 9(Financial Resource of the Prize)

• The financial resource required for the Prize shall be provided from the fund of the Seoul Peace Prize Cultural Foundation.

Chapter4 : NOMINATION

Article 10(Nominators)

• The nominators of the Seoul Peace Prize shall fall under the following categories. In case the nominator is a group, the nomination shall be made by the representative of the group or by an entrusted individual of that group.

1. renowned international institutions
2. winners of international Prizes
3. winners of the Prize
4. members of the National Academy of Sciences and the National Academy of Arts of the Republic of Korea
5. universities and press organizations in Korea
6. incumbent and former members of the Committee
7. designated by the Committee at home and abroad

Article 11(Nomination)

1. Each nominator can nominate up to three individuals or institutions for the Prize regardless of nationality, race, religion or ideology.
2. Self-nominator will not be considered.

Article 12(Invitation for Nomination)

• The Committee shall invite nominations by sending letters and necessary nomination forms to the nominators.

Article 13(Nomination Forms)

• Nominations shall be made by using the forms provided by the Committee and must be delivered to the Committee.

Article 14(Deadline of Nomination)

• Nominations must be received before the beginning of selection sessions of the Committee in the awarding year.

Chapter5 : SELECTION

Article 15(Consideration)

• The Committee will examine only those who are nominated in accordance with Articles 13 and 14 of this Regulation.

Article 16(Selection by the Committee)

• The Committee has full rights in the selection of a recipient or recipients and its decision is final and irrevocable.

Article 17(Selection Criteria)

• The criteria of selection shall be consistent with the aim and objective of the Prize and must be based on the principles of competition and universality.

Article 18(Screening Procedure)

• The Committee shall hold separate sessions to determine the winner of the Prize. The process of selection shall not be open to the public.

Chapter6 : PRESENTATION

Article 19(Announcement of Recipient)

• The Committee shall announce the name of the recipient upon the completion of selection process including the career record and major achievements of the recipient.

Article 20(Monetary Award)

• The amount of US$200,000 shall be given in the form of a bank deposit certificate.

Article 21(Participation in Ceremony)

• The recipient shall attend the award ceremony, and will also be requested to participate in accompanying events. In case of Item 2, Article 6 of this Regulation, however, a representative may attend the ceremony instead.

Chapter7 : COMMITTEE (contents omitted)

Article 22(Election of Committee Members)

Article 23(Composition)

Article 24(Subcommittee)

Article 25(Function)

Article 26(Duty of the President)

Article 27(Executive Secretary)

Article 28(Term of Office)

Chapter8 : SESSION

Article 29(Session)

Article 30(Resolution)

Chapter9 : ADMINISTRATION

Article 31(Participation of Experts)

Article 32(Stipend and Travel Expenses)

Article 33(Function of Secretariat)

Article 34(Official Seal)

ADDITIONAL RULES

Article 1(Date of Enforcement)

Article 2(Passage)