Supplementary Provisions, Article 22Grace Period for Payment of Liability Reserve Equivalent, etc. in the Case of Dissolution with Approval of a Liquidation-Type Payment Plan

②In making the collection under the preceding paragraph, the government is to grant a grace period for payment on the basis of the liquidation-type payment plan of the employer of the establishing place of business of the liquidation-type Fund.

③The provisions of Article 11, paragraph (8) of the Supplementary Provisions apply mutatis mutandis to the case where, pursuant to paragraph (1), the government collects the amount of the reserves for pension benefits, etc. from the liquidation-type Fund and collects from the employer of its establishing place of business the amount obtained by deducting the amount of the reserves for pension benefits, etc. from the liability reserve equivalent. In this case, the phrase "and the reduced liability reserve equivalent" in Article 11, paragraph (8), item (ii) of the Supplementary Provisions is deemed to be replaced with "and the period and amount for which the employer of its establishing place of business seeks to obtain a grace period for payment, as set forth in Article 21, paragraph (4), item (ii) of the Supplementary Provisions and stated in the liquidation-type payment plan prescribed in paragraph (1) of that Article".

④The provisions of Article 13, paragraph (4) of the Supplementary Provisions apply mutatis mutandis to the case where the government has granted a grace period for payment pursuant to paragraph (2). In this case, Cabinet Order provides for the necessary technical replacement of terms.