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Supplementary Provisions, Article 18

第十八条

The rights and obligations that the State holds at the time of the establishment of JHIA in relation to the affairs listed in are succeeded to by JHIA, except for those specified by Cabinet Order.

協会の成立の際現にに掲げる事務に関し国が有する権利及び義務は、政令で定めるものを除き、協会が承継する。

When JHIA has succeeded to the rights and obligations held by the national government pursuant to the preceding paragraph, an amount equivalent to the amount obtained by deducting the total value of the liabilities specified by Cabinet Order pertaining to the obligations to be succeeded to from the total value of the assets specified by Cabinet Order pertaining to the rights to be succeeded to by JHIA is deemed to have been contributed to JHIA by the government, as provided by Cabinet Order.

前項の規定により協会が国の有する権利及び義務を承継したときは、協会に承継される権利に係る資産で政令で定めるものの価額の合計額から、承継される義務に係る負債で政令で定めるものの価額の合計額を差し引いた額に相当する金額は、政令で定めるところにより、政府から協会に対し出資されたものとする。

The value of the assets referred to in the preceding paragraph is the value appraised by the appraisal committee members on the basis of the market price as of the day of JHIA's establishment.

前項の資産の価額は、協会の成立の日現在における時価を基準として評価委員が評価した価額とする。

The appraisal committee members referred to in the preceding paragraph and other matters necessary for appraisal are specified by Cabinet Order.

前項の評価委員その他評価に関し必要な事項は、政令で定める。

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