Supplementary Provisions, Article 2Transitional Measures on Own Shares, etc. Purchased Before This Act Comes into Effect

The provisions then in force continue to govern shares or shares in a limited company that were purchased before this Act comes into effect pursuant to Article 212, paragraph (1) (including cases where applied mutatis mutandis under Article 24, paragraph (1) of the Limited Liability Companies Act prior to the amendment by this Act (hereinafter referred to as the "Former Limited Liability Companies Act")) or Article 212-2, paragraph (1) (including cases where applied mutatis mutandis under Article 24, paragraph (1) of the Former Limited Liability Companies Act) of the Commercial Code prior to the amendment by this Act (hereinafter referred to as the "Former Commercial Code"), or shares (excluding those purchased with capital reserve) that were purchased pursuant to Article 3, paragraph (1) of the Act on Special Provisions of the Commercial Code Concerning Procedures for Cancellation of Shares prior to the repeal by this Act (hereinafter referred to as the "Former Share Cancellation Special Provisions Act"), for which the procedure for invalidation has not been completed.