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Supplementary Provisions, Article 7

第七条

In the case where a merger of companies is conducted during the period until the day on which 10 years elapse from the Effective Date, if the stock company surviving after the merger or established by the merger is a stock company prescribed in Article 9-2, paragraph (1) of the New Act and comes to own shares of companies in Japan exceeding the standard amount, then during the period from the time of the merger until the day on which 10 years elapse from the Effective Date, the provisions of Article 9-2, paragraph (1) of the New Act apply with the amount specified in each of the following items for the category set out in deemed to be the standard amount, provided, however, that this does not apply if the standard amount increases and becomes equal to or more than the amount deemed to be the standard amount.

施行日から十年を経過する日までの間に会社の合併が行われた場合において、合併後存続し、又は合併により設立された株式会社がに規定する株式会社であり、かつ、基準額を超えて国内の会社の株式を所有することとなるときは、合併の時以後施行日から十年を経過する日までの間は、次の各号に掲げる区分に従い、当該各号に定める額を基準額とみなして、の規定を適用する。ただし、基準額が増加して基準額とみなされる額以上となつたときは、この限りでない。

a stock company surviving after the merger: the lesser of the following amounts;

合併後存続する株式会社 次に掲げる額のいずれか少ない額

the sum of the total amounts of the acquisition cost of shares of companies in Japan owned, at the time of the merger, respectively by that stock company and the company that ceased to exist by that merger;

合併の時にその株式会社及び当該合併により消滅した会社がそれぞれ所有していた国内の会社の株式の取得価額の合計額の和

the sum of the total amounts of the acquisition cost of shares of companies in Japan owned, on December 31, 1976, respectively by that stock company and the company that ceased to exist by that merger;

昭和五十一年十二月三十一日にその株式会社及び当該合併により消滅した会社がそれぞれ所有していた国内の会社の株式の取得価額の合計額の和

a stock company established by the merger: the lesser of the following amounts.

合併により設立された株式会社 次に掲げる額のいずれか少ない額

the sum of the total amounts of the acquisition cost of shares of companies in Japan owned, at the time of the merger, respectively by the companies that ceased to exist by that merger;

合併の時に当該合併により消滅した会社がそれぞれ所有していた国内の会社の株式の取得価額の合計額の和

the sum of the total amounts of the acquisition cost of shares of companies in Japan owned, on December 31, 1976, respectively by the companies that ceased to exist by that merger.

昭和五十一年十二月三十一日に当該合併により消滅した会社がそれぞれ所有していた国内の会社の株式の取得価額の合計額の和

In the case referred to in the preceding paragraph, if the amount deemed to be the standard amount is the amount set out in item (i), (b) or item (ii), (b) of the preceding paragraph, then until the day on which one year elapses from the date of the merger, the provisions of Article 9-2, paragraph (1) of the New Act apply with the amount set out in item (i), (a) or item (ii), (a) of the preceding paragraph, respectively, deemed to be the standard amount.

前項の場合において、基準額とみなされる額が同項第一号ロ又は第二号ロに掲げる額であるときは、当該合併の日から起算して一年を経過する日までの間は、それぞれ同項第一号イ又は第二号イに掲げる額を基準額とみなして、の規定を適用する。

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