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Foreign Exchange and Foreign Trade Act

Article 28-2, paragraph (7)

第二十八条の二第七項

Each amendment that changed this provision, and each that will, oldest first. Each is shown against the wording just before it; where an amendment gives the provision another number, it is followed under the new one. Read it as it stands today

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Underlined: words the amendment adds. A bar: where it removes words.Underlined: words the amendment adds. Struck through: the words it removes.Underlined: words the amendment adds. Struck through: the words it removes.

  1. In force today

    A person (including a corporation or any other organization) not constituting a foreign investor is deemed to be a foreign investor in connection with any action comparable to a specified acquisition which that person undertakes on behalf of a foreign investor but not in the name of that foreign investor, and the provisions of paragraphs (1) through (5) and paragraph (5) of the following Article apply.

    外国投資家以外の者(法人その他の団体を含む。)が外国投資家のために当該外国投資家の名義によらないで行う特定取得に相当するものについては、当該外国投資家以外の者を外国投資家とみなして、第一項から第五項まで及び次条第五項の規定を適用する。

  2. Not yet in force Act No. 30 of 2026 Reworded

    A person (including a corporation or any other organization) not constituting a foreign investor is deemed to be a foreign investor in connection with any action comparable to a specified acquisition which that person undertakes on behalf of a foreign investornon-resident, etc. but not in the name of that foreign investornon-resident, etc. that falls under any of the following items, and the provisions of paragraphs (1) through (5) and paragraph (5) of the following ArticleArticle 29, paragraph (7) apply.

    外国投資家以外の者(法人その他の団体を含む。)が外国投資家非居住者等のために当該外国投資家非居住者等の名義によらないで行う特定取得に相当するものにのうち次に掲げるものについては、当該外国投資家以外の者を外国投資家とみなして、第一項から第五項まで及び次条第五項第二十九条第七項の規定を適用する。

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