Supplementary Provisions, Article 8Transitional Measures Concerning Investment Management-Related Services

①With regard to a financial instruments business operator that, at the time this Act comes into effect, is currently entrusting investment management-related services (meaning the investment management-related services prescribed in Article 2, paragraph (43) of the New Financial Instruments and Exchange Act; hereinafter the same applies in this Article), a change is deemed to have occurred on the effective date in the particulars set forth in Article 29-2, paragraph (1), item (xii) of the New Financial Instruments and Exchange Act, and the provisions of Article 31, paragraph (1) and Article 205-2-3, paragraph (1) (limited to the portion pertaining to item (i)) of the New Financial Instruments and Exchange Act apply; in this case, the phrase "two weeks" in Article 31, paragraph (1) of the New Financial Instruments and Exchange Act is deemed to be replaced with "six months".

②With regard to a registered financial institution (meaning a registered financial institution prescribed in Article 2, paragraph (11) of the New Financial Instruments and Exchange Act, limited to a person that has obtained the authorization under Article 1, paragraph (1) of the Act on Engagement in Trust Business by Financial Institutions (Act No. 43 of 1943)) that is, at the time this Act comes into effect, actually entrusting investment management-related services, the provisions of Article 33-6, paragraph (1) of the New Financial Instruments and Exchange Act as applied with replacement of terms pursuant to the provisions of Article 33-8, paragraph (1) of the New Financial Instruments and Exchange Act, and the provisions of Article 205-2-3, paragraph (1) (limited to the part pertaining to item (i)) of the New Financial Instruments and Exchange Act, apply, deeming that a change has occurred on the effective date in the particulars prescribed in Article 33-3, paragraph (1) of the New Financial Instruments and Exchange Act as applied with replacement of terms pursuant to the provisions of Article 33-8, paragraph (1) of the New Financial Instruments and Exchange Act (excluding the particulars set forth in the items of Article 33-3, paragraph (1)); in this case, the phrase "two weeks" in Article 33-6, paragraph (1) of the New Financial Instruments and Exchange Act as applied with replacement of terms pursuant to the provisions of Article 33-8, paragraph (1) of the New Financial Instruments and Exchange Act is deemed to be replaced with "six months".

③With regard to a notifier of specially permitted services for foreign investors, etc. (meaning a notifier of specially permitted services for foreign investors, etc. prescribed in Article 63-9, paragraph (4) of the Financial Instruments and Exchange Act) that is, at the time this Act comes into effect, actually entrusting investment management-related services, the provisions of Article 63-9, paragraph (7) of the Financial Instruments and Exchange Act and the provisions of Article 205-2-3, paragraph (1) (limited to the part pertaining to item (i)) of the New Financial Instruments and Exchange Act apply, deeming that a change has occurred on the effective date in the particulars set forth in Article 63-9, paragraph (1), item (viii) of the New Financial Instruments and Exchange Act; in this case, the phrase "without delay" in Article 63-9, paragraph (7) of the Financial Instruments and Exchange Act is deemed to be replaced with "within six months from that day".

④With regard to a foreign investment management business operator prescribed in Article 3-3, paragraph (1) of the Supplementary Provisions of the New Financial Instruments and Exchange Act, or a subsidiary company of a foreign investment management business operator prescribed in paragraph (7) of that Article, that is, at the time this Act comes into effect, actually entrusting investment management-related services, that has filed the notification under the provisions of Article 3-3, paragraph (1) of the Supplementary Provisions of the Financial Instruments and Exchange Act prior to the amendment by the provisions of Article 1 (hereinafter in this paragraph referred to as the "Former Financial Instruments and Exchange Act") (including as applied mutatis mutandis pursuant to paragraph (7) of that Article), and that has not filed the notification under the provisions of Article 63-10, paragraph (3) of the Financial Instruments and Exchange Act to the effect that it falls under item (ii) of that paragraph as applied pursuant to the provisions of Article 3-3, paragraph (4) of the Supplementary Provisions of the Former Financial Instruments and Exchange Act (including as applied mutatis mutandis pursuant to paragraph (7) of that Article), the provisions of Article 63-9, paragraph (7) of the Financial Instruments and Exchange Act as applied pursuant to the provisions of Article 3-3, paragraph (4) of the Supplementary Provisions of the New Financial Instruments and Exchange Act (including as applied mutatis mutandis pursuant to paragraph (7) of that Article; the same applies hereinafter in this paragraph), and the provisions of Article 205-2-3, paragraph (1) (limited to the part pertaining to item (i)) of the New Financial Instruments and Exchange Act, apply, deeming that a change has occurred on the effective date in the particulars set forth in Article 3-3, paragraph (1), item (viii) of the Supplementary Provisions of the New Financial Instruments and Exchange Act (including as applied mutatis mutandis pursuant to paragraph (7) of that Article); in this case, the phrase "without delay" in Article 63-9, paragraph (7) of the Financial Instruments and Exchange Act as applied pursuant to the provisions of Article 3-3, paragraph (4) of the Supplementary Provisions of the New Financial Instruments and Exchange Act is deemed to be replaced with "within six months from that day".