①When the Minister of Health, Labour and Welfare has granted approval pursuant to the provisions of paragraph (7) of the preceding Article, the government exempts the liability reserve equivalent that is to be collected from that specified Fund not yet wound up pursuant to the provisions of Article 34, paragraph (5) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 28, paragraph (3) of the Supplementary Provisions (excluding the amount already paid by that specified Fund not yet wound up; the same applies in paragraph (3)), and collects from the employer of its establishing place of business the amount set forth in paragraph (4), item (i) of the preceding Article, on the basis of that employer's payment plan for a specified Fund not yet wound up. In this case, the provisions of Article 33, paragraphs (3) through (7) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 27, paragraph (2) of the Supplementary Provisions, and the provisions of Article 34, paragraphs (1), (3) and (5) through (8), Articles 35 through 38, Article 39, paragraph (1) and Article 40 of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act, which remains in force pursuant to the provisions of Article 28, paragraph (3) of the Supplementary Provisions, do not apply.

②In making the collection under the preceding paragraph, the government is to grant a grace period for payment on the basis of the payment plan for a specified Fund not yet wound up of the employer of the establishing place of business of that specified Fund not yet wound up.

③The provisions of Article 11, paragraph (8) of the Supplementary Provisions apply mutatis mutandis to the case where, pursuant to the provisions of paragraph (1), the government exempts the liability reserve equivalent that is to be collected from the specified Fund not yet wound up and collects from the employer of its establishing place of business the amount set forth in paragraph (4), item (i) of the preceding Article. 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 "(where the specified Fund not yet wound up is to have the reduced liability reserve equivalent prescribed in Article 33, paragraph (3) of the Supplementary Provisions of the pre-amendment Employees' Pension Insurance Act collected pursuant to the provisions of that paragraph, that reduced liability reserve equivalent) 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 30, paragraph (4), item (ii) of the Supplementary Provisions and stated in the payment plan for a specified Fund not yet wound up 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 the provisions of paragraph (2). In this case, Cabinet Order provides for the necessary technical replacement of terms.