Supplementary Provisions, Article 2
第二条
The 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.
この法律施行の際、金融業以外の事業を営む会社(外国会社を含む。)が第十条第二項の改正規定に反して所有する国内の他の会社の株式又は社債の処置については、政令で定める。
A 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.
金融業以外の事業を営む国内の会社であつてその総資産が五百万円をこえるもの又は金融業以外の事業を営む外国会社は、昭和二十四年四月一日現在において国内の他の会社の株式又は社債を所有している場合(株式又は社債の有価証券信託において、自己を受益者とする場合を含む。但し、株式については、自己が議決権を行使する場合に限る。)には、第十条第四項の改正規定にかかわらず、同日現在においてその所有し、又は信託をしている株式又は社債に関する報告書を公正取引委員会規則で定める日まで、公正取引委員会に提出しなければならない。
Fair Trade Commission
公正取引委員会
The body the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade (独占禁止法, the Antimonopoly Act) sets up to achieve that Act's purpose — among other things, to promote fair and free competition by banning private monopolization, unreasonable restraint of trade and unfair trade practices, and so to protect the interests of general consumers and the democratic and sound development of the national economy (Antimonopoly Act, Articles 1 and 27, paragraph (1)). It comes under the Prime Minister's jurisdiction, but its chairperson and four commissioners — appointed by the Prime Minister with the consent of both Houses of the Diet — exercise their authority independently (Articles 27, paragraph (2), 28 and 29). Under the Act against Unjustifiable Premiums and Misleading Representations, businesses and trade associations may, with the approval of both the Prime Minister and the Fair Trade Commission, conclude or set agreements or rules (協定又は規約) on premiums or representations (Article 36, paragraph (1)).
Written by AI using Antimonopoly Act, Arts. 1, 27, 28, 29 and Act against Unjustifiable Premiums and Misleading Representations, Art. 36 as a reference.