Supplementary Provisions, Article 4

①If a person that has obtained approval under Article 10, Article 11, paragraph (1), Article 12, paragraph (1) or Article 13, paragraph (1) of the Act on Foreign Capital prior to its repeal by this Act (hereinafter referred to as the "Former Foreign Capital Act") (including approval under these provisions that remain in effect pursuant to the provisions of the following paragraph) intends, after this Act comes into effect, to carry out a transaction or act in accordance with that approval, being a transaction or act stated in Article 20, item (ii), (iv) or (v) or in the items of Article 26, paragraph (2) (excluding items (ii) and (v)) of the Foreign Exchange and Foreign Trade Control Act as amended by this Act (hereinafter referred to as the "New Act"), or a transaction or act prescribed in Article 29, paragraph (1) of the New Act, the provisions of the New Act (excluding the provisions of Article 16 and Article 21, paragraph (2)) apply deeming that, with regard to the notification prescribed in Article 22, paragraph (1), Article 26, paragraph (3) or Article 29, paragraph (1) of the New Act, that notification has been made, and that, with regard to the period prescribed in Article 23, paragraph (1), Article 26, paragraph (4) or Article 29, paragraph (3) of the New Act during which the transaction or act must not be carried out, that period has elapsed.

②With regard to transactions or acts relating to applications or notifications that have been filed or made, at the time this Act comes into effect, pursuant to the provisions of Article 10, Article 11, paragraph (1), Article 12, paragraph (1), Article 13, paragraph (1), Article 13-2 or Article 13-3 of the Former Foreign Capital Act, these provisions (including penal provisions pertaining to these provisions) remain in effect even after this Act comes into effect.

③With regard to cases in which the date of acquisition of shares, etc. prescribed in Article 13-2 of the Former Foreign Capital Act, or the date of acquisition of the consideration, etc. or claim to the consideration, etc. prescribed in Article 13-3 of the Former Foreign Capital Act, is before this Act comes into effect, these provisions (including penal provisions pertaining to Article 13-3 of the Former Foreign Capital Act) remain in effect even after this Act comes into effect.

④The provisions of Article 16 of the New Act do not apply to payments to foreign countries, after this Act comes into effect, by a foreign investor that, before this Act comes into effect, has been deemed to be approved pursuant to the provisions of Article 15, Article 15-2, Article 16 or Article 17 of the Former Foreign Capital Act. The same applies to payments to foreign countries, after this Act comes into effect, by a person that has received a designation or confirmation pursuant to the provisions of Article 13-2 or Article 13-3 of the Former Foreign Capital Act that remain in effect pursuant to the provisions of the preceding paragraph.

⑤The provisions of Article 26, paragraph (3) of the New Act do not apply to, among the transfers stated in paragraph (2), item (ii) of that Article, the transfer of shares or equity in a company that have been continuously and lawfully owned since before the date on which this Act comes into effect.