Supplementary Provisions, Article 12

With regard to a financial instruments business operator that, at the time this Act comes into effect, is engaged as a business in an act prescribed in Article 29-2, paragraph (1), item (viii) or (ix) of the New Financial Instruments and Exchange Act, Article 31, paragraph (4) of the New Financial Instruments and Exchange Act applies by deeming that the operator intends to make a change, on the effective date, in the particulars set forth in item (v), (vi), (viii), or (ix) of that paragraph pertaining to that act. In this case, for six months from the effective date (or, if a disposition of refusal of registration of change is made within that period pursuant to the provisions of Article 29-4, paragraph (1) of the New Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 31, paragraph (5) of the New Financial Instruments and Exchange Act, until the day on which that disposition was made, and, if neither a registration of change nor a disposition of refusal of registration of change is made within that period, until such a disposition is made), that financial instruments business operator may, without obtaining the registration of change under Article 31, paragraph (4) of the New Financial Instruments and Exchange Act with regard to those particulars, conduct the business pertaining to that act with the customers of the business pertaining to that act that it is engaged in at the time this Act comes into effect as the persons to which it is directed, or for those customers, with regard to rights and derivatives transactions of the same type as the rights and derivatives transactions prescribed in Article 29-2, paragraph (1), item (viii) or (ix) of the New Financial Instruments and Exchange Act that it is handling at the time this Act comes into effect.