Supplementary Provisions

This Act comes into effect on the date of promulgation.

①The disposition of shares of other companies in Japan or company bonds that a company engaged in a business other than financial business (including a foreign company) holds, at the time this Act comes into effect, in contravention of the amended provisions of Article 10, paragraph (2) is to be specified by Cabinet Order.

②A company in Japan engaged in a business other than financial business whose total assets exceed 5,000,000 yen, or a foreign company engaged in a business other than financial business, if it holds shares of other companies in Japan or company bonds as of April 1, 1949 (including the case where, in a securities trust of shares or company bonds, it is the beneficiary provided, however, that for shares, this is limited to the case where it exercises the voting rights itself), must, notwithstanding the amended provisions of Article 10, paragraph (4), submit to the Japan Fair Trade Commission, by the date specified by the Rules of the Japan Fair Trade Commission, a written report on the shares or company bonds that it holds or has placed in trust as of that date.

The disposition of shares held, at the time this Act comes into effect, in contravention of the amended provisions of Article 14 is to be specified by Cabinet Order.

A Cabinet Order based on the provisions of Article 2, paragraph (1) of the Supplementary Provisions or the preceding Article may provide penal provisions within the scope of imprisonment with work for not more than one year or a fine of not more than 50,000 yen.

A person who, in violation of the provisions of Article 2, paragraph (2) of the Supplementary Provisions, fails to submit a written report or submits a false written report is to be punished by a fine of not more than 200,000 yen.

If a representative of a corporation, or an agent, an employee, or any other worker of a corporation has, with regard to the business or property of the corporation, committed a violation under the preceding Article, in addition to the offender being punished, the corporation is sentenced to the fine prescribed in that Article.

With regard to jurisdiction over cases in which prosecution was instituted before this Act comes into effect, the provisions before amendment continue to govern even after the amended provisions of Article 85, item (iii) come into effect.

With regard to the application of penal provisions to acts committed before this Act comes into effect, the provisions then in force continue to govern.