A statement of holding subject voting rights submitted before the effective date pursuant to the provisions of Article 106-15 of the Former Securities and Exchange Act by a person who, at the time of the enforcement of this Act, is a holder of subject voting rights (meaning the holder of subject voting rights prescribed in Article 106-15 of the New Financial Instruments and Exchange Act) in a financial instruments exchange holding company (meaning a financial instruments exchange holding company prescribed in Article 2, paragraph (18) of the New Financial Instruments and Exchange Act; the same applies hereinafter) is deemed to have been submitted on the effective date pursuant to the provisions of Article 106-15 of the New Financial Instruments and Exchange Act.

①A local government or other person specified by Cabinet Order (referred to as a "qualified major shareholder" in the following paragraph and Article 116 of the Supplementary Provisions) that, at the time of the enforcement of this Act, has received the authorization under Article 106-17, paragraph (1) or the proviso to paragraph (3) of the Former Securities and Exchange Act is deemed to have received the authorization under Article 106-17, paragraph (1) of the New Financial Instruments and Exchange Act on the effective date. In this case, the provisions of Article 85-4, paragraph (2) of the New Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 106-19 of the New Financial Instruments and Exchange Act and Article 194-4, paragraph (1) of the New Financial Instruments and Exchange Act do not apply.

②A person (excluding a qualified major shareholder) that, at the time of the enforcement of this Act, has received the authorization under Article 106-17, paragraph (1) or the proviso to paragraph (3) of the Former Securities and Exchange Act must, within three months from the effective date, take the measures necessary to become the holder of a number of subject voting rights that is less than the threshold holding ratio of the financial instruments exchange holding company.

①A person whose authorization has been rescinded pursuant to the provisions of Article 106-21, paragraph (1) of the Former Securities and Exchange Act is deemed, on the day of receiving that disposition, to have had the authorization rescinded pursuant to the provisions of Article 106-21, paragraph (1) of the New Financial Instruments and Exchange Act.

②A disposition made before the effective date pursuant to the provisions of Article 106-21, paragraph (1) of the Former Securities and Exchange Act is deemed to be a disposition made pursuant to the provisions of Article 106-21, paragraph (1) of the New Financial Instruments and Exchange Act.

With regard to the application of Article 106-22, paragraph (1) of the New Financial Instruments and Exchange Act (limited to the part pertaining to item (i)), a person (limited to a qualified major shareholder) that, at the time of the enforcement of this Act, has received the authorization under Article 106-17, paragraph (1) or the proviso to paragraph (3) of the Former Securities and Exchange Act is deemed, notwithstanding the provisions of Article 114, paragraph (1) of the Supplementary Provisions, to have received the authorization under Article 106-17, paragraph (1) of the New Financial Instruments and Exchange Act on the day of receiving that authorization.

A person that, at the time of the enforcement of this Act, has received the authorization under the proviso to Article 106-24 of the Former Securities and Exchange Act is deemed to have received the authorization under the proviso to Article 106-24 of the New Financial Instruments and Exchange Act on the effective date. In this case, the provisions of Article 85-4, paragraph (2) of the New Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 106-25 of the New Financial Instruments and Exchange Act do not apply.

①With regard to the application of Article 106-26 of the New Financial Instruments and Exchange Act to a person who is deemed to have received authorization pursuant to the provisions of Article 111 of the Supplementary Provisions (hereinafter referred to as a "deemed authorized exchange holding company"), the phrase "the items of Article 106-12, paragraph (2) at the time it obtained authorization" in that Article is deemed to be replaced with "the items of Article 106-12, paragraph (2) of the Securities and Exchange Act prior to its amendment by the provisions of Article 3 of the Act Partially Amending the Securities and Exchange Act, etc. (Act No. 65 of 2006) at the time it obtained the authorization under Article 106-10, paragraph (1) or the proviso to paragraph (3) of that Act".

②A person whose authorization was rescinded before the effective date pursuant to the provisions of Article 106-26 of the Former Securities and Exchange Act is deemed, on the day of receiving that disposition, to have had the authorization rescinded pursuant to the provisions of Article 106-26 of the New Financial Instruments and Exchange Act.

①A person whose authorization has been rescinded or who has been ordered to be dismissed pursuant to the provisions of Article 106-28, paragraph (1) or (2) of the Former Securities and Exchange Act is deemed, on the day of receiving that disposition, to have had the authorization rescinded or to have been ordered to be dismissed pursuant to the provisions of Article 106-28, paragraph (1) or (2) of the New Financial Instruments and Exchange Act.

②A disposition made before the effective date pursuant to the provisions of Article 106-28, paragraph (1) of the Former Securities and Exchange Act (including as applied mutatis mutandis pursuant to Article 106-31 of the Former Securities and Exchange Act) or Article 106-28, paragraph (2) of the Former Securities and Exchange Act is deemed to be a disposition made pursuant to the provisions of Article 106-28, paragraph (1) of the New Financial Instruments and Exchange Act (including as applied mutatis mutandis pursuant to Article 109 of the New Financial Instruments and Exchange Act) or Article 106-28, paragraph (2) of the New Financial Instruments and Exchange Act.

With regard to the application of Article 107, paragraph (1) of the New Financial Instruments and Exchange Act (limited to the part pertaining to item (iv)), a person that, at the time of the enforcement of this Act, has received the authorization under Article 106-10, paragraph (1) or the proviso to paragraph (3) of the Former Securities and Exchange Act is deemed, notwithstanding the provisions of Article 111 of the Supplementary Provisions, to have received the authorization under Article 106-10, paragraph (1) or the proviso to paragraph (3) of the New Financial Instruments and Exchange Act on the day of receiving that authorization.

In the case where a member, etc. (meaning a member, etc. prescribed in Article 82, paragraph (1), item (iii) of the Former Securities and Exchange Act; the same applies hereinafter in this Article) has withdrawn before the effective date (in the case of a trading participant (meaning a trading participant prescribed in Article 2, paragraph (19) of the Former Securities and Exchange Act), where the participant has forfeited its trading license), if, by the effective date, a securities exchange (meaning a securities exchange prescribed in Article 2, paragraph (16) of the Former Securities and Exchange Act; the same applies hereinafter) has not, as provided by its articles of incorporation, caused the member, etc. himself or herself, the member's successor by general succession or another member, etc. to complete the purchase and sale, etc. of securities (meaning the purchase and sale of former securities set forth in Article 2, paragraph (8), item (i) of the Former Securities and Exchange Act, securities index futures transactions and securities option transactions; the same applies hereinafter in this Article) made in its exchange securities market (meaning the exchange securities market prescribed in Article 2, paragraph (17) of the Former Securities and Exchange Act), the provisions of Article 107-6, paragraph (1) of the Former Securities and Exchange Act remain in force on and after the effective date with regard to the purchase and sale, etc. of those securities.

①A person who is deemed to have received a license pursuant to the provisions of Article 99 of the Supplementary Provisions (hereinafter referred to as a "deemed licensed exchange") and who, at the time of the enforcement of this Act, has listed former securities by making a notification pursuant to the provisions of Article 110, paragraph (1) of the Former Securities and Exchange Act is deemed to have made, on the effective date, the notification under Article 121 of the New Financial Instruments and Exchange Act with respect to the listing of those former securities.

②A deemed licensed exchange that, at the time of the enforcement of this Act, has received the approval under Article 110, paragraph (3) of the Former Securities and Exchange Act and has listed former securities, etc. (meaning the securities, etc. prescribed in that paragraph; the same applies hereinafter in this paragraph) for securities futures transactions, securities index futures transactions or securities option transactions is deemed to have made, on the effective date, the notification under Article 121 of the New Financial Instruments and Exchange Act with respect to the listing of those former securities, etc.

①A deemed licensed exchange that, at the time of the enforcement of this Act, has listed former securities issued by a deemed licensed exchange, for the purpose of their purchase and sale, or those former securities, a financial index pertaining to those former securities (meaning a financial index prescribed in Article 2, paragraph (25) of the New Financial Instruments and Exchange Act; the same applies hereinafter) or options pertaining to those former securities, for the purpose of market derivatives transactions, on a financial instruments exchange market (meaning a financial instruments exchange market prescribed in Article 2, paragraph (17) of the New Financial Instruments and Exchange Act; the same applies hereinafter) or any other market specified by Cabinet Order (excluding a financial instruments exchange market established by that deemed licensed exchange (including a deemed licensed exchange that is its subsidiary company) or by a deemed licensed exchange that holds subject voting rights exceeding 50 percent of the voting rights of all shareholders of that deemed licensed exchange) is deemed to have received, on the effective date, the approval under Article 122, paragraph (1) of the New Financial Instruments and Exchange Act with respect to that listing.

②The "subsidiary company" in the preceding paragraph means a company the majority of whose "voting rights of all shareholders, etc." (meaning the "voting rights of all shareholders, etc." prescribed in Article 29-4, paragraph (2) of the New Financial Instruments and Exchange Act; the same applies hereinafter in this paragraph) are held by a deemed licensed exchange. In this case, a company the majority of whose voting rights of all shareholders, etc. are held by a financial instruments exchange and one or more of its subsidiary companies, or by one or more subsidiary companies of a financial instruments exchange, is deemed to be a subsidiary company of the financial instruments exchange.

③A deemed authorized exchange holding company that, at the time of the enforcement of this Act, has listed former securities issued by the deemed authorized exchange holding company, for the purpose of their purchase and sale, or those former securities, a financial index pertaining to those former securities or options pertaining to those former securities, for the purpose of market derivatives transactions, on a financial instruments exchange market or any other market specified by Cabinet Order (excluding a financial instruments exchange market established by a deemed licensed exchange that is a subsidiary company (meaning a subsidiary company prescribed in Article 105-16, paragraph (4) of the New Financial Instruments and Exchange Act) of that deemed authorized exchange holding company or by a deemed licensed exchange that holds subject voting rights exceeding 50 percent of the voting rights of all shareholders of that deemed authorized exchange holding company) is deemed to have received, on the effective date, the approval under Article 122, paragraph (1) of the New Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 123 of the New Financial Instruments and Exchange Act with respect to that listing.

①A deemed licensed exchange that, at the time of enforcement of this Act, has obtained the approval under Article 110, paragraph (2) of the Former Securities and Exchange Act for listing on the exchange securities market that it establishes, for the purpose of their purchase and sale, former securities of which a person set forth in Article 110, paragraph (2), items (i) through (iii) or item (v) of the Former Securities and Exchange Act (limited to the case where that person is a deemed licensed exchange or deemed authorized exchange holding company that is a subsidiary company (meaning a subsidiary company prescribed in paragraph (2) of the preceding Article) of a deemed licensed exchange (such a deemed licensed exchange or deemed authorized exchange holding company is hereinafter referred to as a "related exchange, etc." in this Article)) is the issuer, is deemed to have obtained the approval under Article 124, paragraph (1) of the New Financial Instruments and Exchange Act on the effective date.

②A deemed licensed exchange that, at the time of enforcement of this Act, has obtained the approval under Article 110, paragraph (2) of the Former Securities and Exchange Act for listing on the exchange securities market that it establishes, for the purpose of their purchase and sale, former securities of which a person set forth in Article 110, paragraph (2), item (iv) or (v) of the Former Securities and Exchange Act (excluding the case where that person is a related exchange, etc.) is the issuer, is deemed to have obtained the approval under Article 124, paragraph (3) of the New Financial Instruments and Exchange Act on the effective date.

③A deemed licensed exchange that, at the time of enforcement of this Act, has listed, for market derivatives transactions, former securities of which a person set forth in Article 110, paragraph (2), items (i) through (iii) or item (v) of the Former Securities and Exchange Act (limited to the case where that person is a related exchange, etc.) is the issuer, a financial index relating to those former securities, or options relating to those former securities, is deemed to have obtained the approval under Article 124, paragraph (1) of the New Financial Instruments and Exchange Act on the effective date.

④A deemed licensed exchange that, at the time of enforcement of this Act, has listed, for market derivatives transactions, former securities of which a person set forth in Article 110, paragraph (2), item (iv) or (v) of the Former Securities and Exchange Act (excluding the case where that person is a related exchange, etc.) is the issuer, a financial index relating to those former securities, or options relating to those former securities, is deemed to have obtained the approval under Article 124, paragraph (3) of the New Financial Instruments and Exchange Act on the effective date.

①A disposition made before the effective date pursuant to the provisions of Article 111 of the Former Securities and Exchange Act is deemed to be a disposition made pursuant to the provisions of Article 125 of the New Financial Instruments and Exchange Act.

②A disposition made before the effective date pursuant to the provisions of Article 113, paragraph (1) of the Former Securities and Exchange Act is deemed to be a disposition made pursuant to the provisions of Article 127, paragraph (1) of the New Financial Instruments and Exchange Act.

③A disposition made before the effective date pursuant to the provisions of Article 115, paragraph (1) of the Former Securities and Exchange Act is deemed to be a disposition made pursuant to the provisions of Article 129, paragraph (1) of the New Financial Instruments and Exchange Act.