This Act comes into effect as of December 1, 1998;provided, however, that the provisions set forth in the following items come into effect as of the day specified in each of those items:

①Until the last day of the one-year period that begins on the effective date, the provisions of Article 13, paragraph (1) of the Banking Act after the amendment pursuant to the provisions of Article 10 (hereinafter referred to as the "new Banking Act") (including as applied mutatis mutandis pursuant to Article 17 of the Long-Term Credit Bank Act after the amendment pursuant to the provisions of Article 11 (hereinafter referred to as the "new Long-Term Credit Bank Act"), Article 89 of the Shinkin Bank Act after the amendment pursuant to the provisions of Article 13 (hereinafter referred to as the "new Shinkin Bank Act"), Article 94 of the Labor Bank Act after the amendment pursuant to the provisions of Article 14 (hereinafter referred to as the "new Labor Bank Act"), and Article 6 of the Act on Financial Businesses by Cooperative after its amendment pursuant to the provisions of Article 16 (hereinafter referred to as the "new Act on Financial Services by Cooperative") (hereinafter referred to as the "in the case as applied mutatis mutandis pursuant to Article 17, etc. of the new Long-Term Credit Bank Act" in this Article through Article 105 of these Supplementary Provisions); hereinafter the same applies in this paragraph and the following paragraph) do not apply to the grant of credit or making of contribution (meaning the grant of credit or making of contribution prescribed in Article 13, paragraph (1) of the new Banking Act; hereinafter the same applies in this paragraph and the following paragraph) by a bank (meaning a bank as defined in Article 2, paragraph (1) of the new Banking Act; the same applies hereinafter), long-term credit bank (meaning a long-term credit bank as defined in Article 2 of the new Long-Term Credit Bank Act; the same applies hereinafter), Shinkin bank or federation of Shinkin banks, labor bank or federation of labor banks, or credit cooperative or federation of credit cooperatives (meaning federation of credit cooperatives as defined in Article 2, paragraph (1) of the new Act on Financial Services by Cooperatives; the same applies hereinafter) (hereinafter referred to as a "bank, etc." in this Article through Article 105 of these Supplementary Provisions) to a single person specified in Article 13, paragraph (1) of the new Banking Act, in an amount that exceeds the limit on credit and contribution (meaning the limit on credit and contribution prescribed in Article 13, paragraph (1) of the new Banking Act; hereinafter the same applies in this paragraph) by the time when this Act comes into effect, if the bank, etc. files a notification to that effect with the Financial Reconstruction Commission (or with the Financial Reconstruction Commission and the Minister of Labor, if it is a labor bank or federation of labor banks; or with the administrative authority referred to in Article 7, paragraph (1) of the new Act on Financial Services by Cooperative, if it is a credit cooperative or federation of credit cooperatives; hereinafter the same applies in this paragraph and the following paragraph) by the last day of the three-month period that begins on the effective date. In such a case, if it is likely that it would significantly hinder that one person from continuing business if the bank, etc. does not continue to grant credit or make contribution to the person in excess of the limit on credit and contribution after the last day of the one-year period that begins on the effective date, or there are other compelling reasons, and the bank, etc. obtains the approval of the Financial Reconstruction Commission before that day, the bank, etc. is deemed to have obtained the approval prescribed in the proviso to Article 13, paragraph (1) of the new Banking Act on the day after that day.

②Until the last day of the one-year period that begins on the effective date, the provisions of Article 13, paragraph (2) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17, etc. of the new Long-Term Credit Bank Act; hereinafter the same applies in this paragraph) do not apply to the grant of credit and making of contribution by a bank, etc. and its subsidiary companies, etc. (meaning subsidiary companies, etc. as provided for in Article 13, paragraph (2) of the new Banking Act; hereinafter the same applies in this paragraph) or by its subsidiary companies, etc., to a single person specified in Article 13, paragraph (1) of the new Banking Act, in a total amount that exceeds the consolidated limit on credit and contribution (meaning the consolidated limit on credit and contribution prescribed in Article 13, paragraph (2) of the new Banking Act; hereinafter the same applies in this paragraph) at the time this Act comes into effect, if the bank, etc. files a notification to that effect with the Financial Reconstruction Commission by the last day of the three-month period that begins on the effective date. In such a case, if it is likely that it would significantly hinder that person from continuing business if the bank, etc. and its subsidiary companies, etc. or the bank's subsidiary companies, etc. do not continue to grant credit or make contribution to the person in a total amount that exceeds the consolidated limit on credit and contribution after the last day of the one-year period that begins on the effective date, or there are other compelling reasons, and the bank, etc. obtains the approval of the Financial Reconstruction Commission before that day, the bank, etc. is deemed to have obtained the approval referred to in the proviso to Article 13, paragraph (1) of the new Banking Act as applied mutatis mutandis pursuant to the second sentence of Article 13, paragraph (2) of that Act on the day after that day.

③The provisions of Article 52-6, paragraph (1) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the new Long-Term Credit Bank Act; hereinafter the same applies in this paragraph) do not apply, until the last day of the one-year period that begins on the effective date, to credit and contribution (meaning the credit and contribution prescribed in Article 52-6, paragraph (1) of the new Banking Act; hereinafter the same applies in this paragraph) to a single person prescribed in Article 52-6, paragraph (1) of the new Banking Act by a bank holding company prescribed in Article 2, paragraph (11) of the new Banking Act (hereinafter referred to as a "bank holding company" in this paragraph) or its subsidiary companies, etc. (meaning the subsidiary companies, etc. prescribed in Article 52-6, paragraph (1) of the new Banking Act; hereinafter the same applies in this paragraph), or by a long-term credit bank holding company prescribed in Article 16-4, paragraph (1) of the new Long-Term Credit Bank Act (hereinafter referred to as a "long-term credit bank holding company" in this paragraph) or its subsidiary companies, etc., in a total amount that, at the time this Act comes into effect, exceeds the maximum amount of credit and contribution by a bank holding company (meaning the maximum amount of credit and contribution by a bank holding company prescribed in paragraph (1) of that Article; hereinafter the same applies in this paragraph), if the bank holding company or the long-term credit bank holding company (hereinafter referred to as a "bank holding company, etc." in this paragraph and Article 105 of the Supplementary Provisions) files a notification to that effect with the Financial Reconstruction Commission by the last day of the three-month period that begins on the effective date. In such a case, if it is likely that it would significantly hinder that single person from continuing business if the bank holding company or its subsidiary companies, etc. or the long-term credit bank holding company or its subsidiary companies, etc. do not continue to grant that credit and contribution to that single person in a total amount that exceeds the maximum amount of credit and contribution by a bank holding company after that day, or there are other compelling reasons, and the bank holding company, etc. obtains the approval of the Financial Reconstruction Commission by that day, the bank holding company, etc. is deemed to have obtained the approval under the proviso to Article 52-6, paragraph (1) of the new Banking Act on the day following that day.

The provisions of Article 13-2 of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17, etc. of the new Long-Term Credit Bank Act) apply to a transaction or action performed by a bank, etc. on or after the effective date, and prior laws continue to govern the transaction or action performed by a bank, etc. before the effective date.

①The provisions of Article 16-2, paragraph (1) of the new Banking Act do not apply until the last day of the one-year period that begins on the effective date to a company that is not a company eligible to be a subsidiary company prescribed in those provisions but that is the subsidiary company (meaning a subsidiary company as defined in Article 2, paragraph (8) of the new Banking Act; hereinafter the same applies in this Article) of a bank at the time this Act comes into effect, if the bank files a notification to that effect with the Financial Reconstruction Commission by the last day of the three-month period that begins on the effective date.

②The bank referred to in the preceding paragraph must, without delay, file a notification to that effect with the Prime Minister if a company other than a company eligible to be a subsidiary company, pertaining to the notification under that paragraph, ceases to be a subsidiary company.

③Until the date specified by Cabinet Order which is no later than March 31, 2001, the term "an insurance company as provided in" in Article 16-2, paragraph (1), item (iv) of the new Banking Act is deemed to be replaced with "a bankrupt insurance company as provided in Article 260, paragraph (2) of the Insurance Business Act, out of an insurance company as provided in".

④An authorization provided for in Article 16-2, paragraph (1) or Article 16-3, paragraph (1) (including as applied mutatis mutandis pursuant to Article 16-3, paragraph (2)) of the Banking Act before its amendment pursuant to the provisions of Article 10 (hereinafter referred to as the "former Banking Act") (including an approval related to that authorization referred to in the proviso to Article 55, paragraph (1) of the former Banking Act) that the Prime Minister has granted before the effective date pursuant to those provisions, the conditions that the Prime Minister has attached to the authorization before the effective date, and the application for the authorization filed based on those provisions before the effective date is deemed to be an authorization provided for in Article 16-2, paragraph (4) (including as applied mutatis mutandis pursuant to Article 16-2, paragraph (6) of the new Banking Act; hereinafter the same applies in this paragraph) of the new Banking Act (including an approval related to that authorization referred to in the proviso to Article 55, paragraph (1) of the new Banking Act) that the Prime Minister has granted pursuant to those provisions, the conditions that the Prime Minister has attached to the authorization pursuant to those provisions of the new Banking Act, and the application for the authorization filed based on those provisions of the new Banking Act.

⑤If, at the time this Act comes into effect, a bank has as its subsidiary company a bank, etc. eligible to be a subsidiary company prescribed in Article 16-2, paragraph (4) of the new Banking Act (excluding a company in which the bank holds shares or equity with the authorization under Article 16-2, paragraph (1) or Article 16-3, paragraph (1) of the former Banking Act; the same applies in the following paragraph), the bank must file a notification to that effect with the Financial Reconstruction Commission by the last day of the three-month period that begins on the effective date.

⑥A bank that has filed a notification under the provisions of the preceding paragraph is deemed to have obtained the authorization referred to in the provisions of Article 16-2, paragraph (4) of the new Banking Act to have the bank, etc. eligible to be a subsidiary company related to the notification as its subsidiary company on the effective date.

⑦The provisions of Article 16-3, paragraph (1) of the new Banking Act do not apply until the last day of the one-year period that begins on the effective date to the holding of shares or equity (meaning shares or equity as defined in Article 2, paragraph (7) of the new Banking Act; hereinafter the same applies in this paragraph) in a domestic company (meaning a domestic company prescribed in Article 16-3, paragraph (1) of the new Banking Act; hereinafter the same applies in this paragraph) by a bank or its subsidiary companies in a number that exceeds the maximum number of shares or equity when they are combined (meaning the maximum number of shares or equity prescribed in Article 16-3, paragraph (1) of the new Banking Act; hereinafter the same applies in this paragraph) at the time this Act comes into effect, if the bank files a notification to that effect with the Financial Reconstruction Commission by the last day in the three-month period that begins on the effective date. In such a case, the bank or the subsidiary companies are deemed to acquire shares or equity in the domestic company in excess of the maximum number of shares or equity when they are combined on the last day of the one-year period that begins on the effective date due to grounds provided for in the main clause of Article 16-3, paragraph (2) of the new Banking Act, and the provisions of Article 16-3 of the new Banking Act apply to their holding of shares or equity in the domestic company after that day.

①The provisions of Article 19, paragraphs (2) and (3) (excluding the part that concerns the interim business report prescribed in Article 19, paragraph (2) of the new Banking Act) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17, etc. of the new Long-Term Credit Bank Act) and Article 21, paragraphs (1) through (3) (including as applied mutatis mutandis pursuant to Article 17, etc. of the new Long-Term Credit Bank Act), the provisions of Article 20, paragraph (2) and Article 52-11 (excluding the part that concerns the interim business report prescribed in Article 52-11, paragraph (1) of the new Banking Act) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the new Long-Term Credit Bank Act) and the provisions of Article 52-12 and Article 52-13, paragraphs (1) and (2) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the new Long-Term Credit Bank Act) apply to the document provided for in those provisions for the business year of a bank, etc. or bank holding company, etc. which starts on or after April 1, 1998, and prior laws continue to govern the balance sheet or other documents of a bank, etc. or bank holding company, etc. for the business year that starts before that date.

②The provisions of Article 19, paragraphs (2) and (3) (limited to the part that concerns the interim business report prescribed in Article 19, paragraph (2) of the new Banking Act) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the new Long-Term Credit Bank Act) and Article 52-11 (limited to the part that concerns the interim business report prescribed in Article 52-11, paragraph (1) of the new Banking Act) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the new Long-Term Credit Bank Act) apply to the interim business report of a bank, long-term credit bank, or bank holding company, etc. for the business year that starts on or after April 1, 1999; and prior laws continue to govern the interim business report of a bank holding company, etc. for the business year that starts before that date.

①The Prime Minister delegates the authority under the provisions of these Supplementary Provisions (excluding the authority specified by Cabinet Order) to the Commissioner of the Financial Services Agency.

②A part of the authority delegated to the Commissioner of the Financial Services Agency pursuant to the provisions of the preceding paragraph and a part of the authority of the Minister of Agriculture, Forestry and Fisheries and the Minister of Health, Labour and Welfare under the provisions of these Supplementary Provisions may be delegated to the Directors-General of Local Finance Bureaus or Local Finance Branch Bureaus (or to the heads of local branch offices, in the case of the authority of the Minister of Agriculture, Forestry and Fisheries and the Minister of Health, Labour and Welfare), pursuant to the provisions of Cabinet Order.

Unless otherwise provided for in these Supplementary Provisions, a disposition, procedure, or other actions undertaken pursuant to the provisions of each relevant law prior to the amendment (including an order based on those laws; hereinafter the same applies in this Article) before this Act comes into effect (for the provisions set forth in the items of Article 1 of the Supplementary Provisions, before those provisions come into effect), for which corresponding provisions exist in the relevant amended laws, is deemed to be a disposition, procedure, or other actions undertaken pursuant to the corresponding provisions of the relevant amended laws.

Prior laws continue to govern the applicability of penal provisions to acts which a person has committed before this Act comes into effect (for the provisions set forth in the items of Article 1 of the Supplementary Provisions, before those provisions come into effect; hereinafter the same applies in this Article), to acts which a person commits after this Act comes into effect when prior laws are to continue to govern pursuant to these Supplementary Provisions, and to acts which a person commits after this Act comes into effect when prior laws are to remain in force pursuant to these Supplementary Provisions.

Beyond what is provided for in Articles 2 through 146, Article 153, Article 169, and the preceding Article of the Supplementary Provisions, Cabinet Order prescribes the transitional measures necessary for the enforcement of this Act.

①If the government finds it to be necessary in light of the implementation status of the systems related to special measures for protecting policyholders pursuant to the provisions of the new Insurance Business Act and the soundness of management of insurance companies, it is to take the measures necessary for maintaining the trustworthiness of insurance business even after this Act comes into effect.

②Beyond what is provided for in the preceding paragraph, within five years after this Act comes into effect, the government is to take into account the implementation status of the provisions amended by this Act and the changes in the social and economic conditions surrounding the financial system, review the financial system after the amendment by this Act, and is to take the required measures based on the results of the review if it finds this to be necessary.