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Supplementary Provisions, Article 16Transitional Measures on Dissolution due to Revocation of License
第十六条(免許の取消しによる解散等に関する経過措置)
The revocation of the license granted by the competent minister for a bank licensed under the former Act, when prior laws are to continue to govern pursuant to the provisions of Article 11 of the Supplementary Provisions, is deemed to be a revocation of the license granted by the Minister of Finance referred to in Article 4, paragraph (1) of the new Act pursuant to the provisions of Article 27 or Article 28 of the new Act, and the provisions of Article 40, Article 42, and Article 56, item (ii) of the new Act apply.
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