The provisions of Articles 3 through 7; Article 12; Article 25, paragraph (7); Article 66; and Article 67, paragraph (1); is not to apply to a registered investment corporation through which an Approved Real Estate Broker is to invest the assets thereof (registered investment corporation as prescribed in Article 2, paragraph (13), of the Act on Investment Trusts and Investment Corporations).
第三条から第七条まで、第十二条、第二十五条第七項、第六十六条及び第六十七条第一項の規定は、認可宅地建物取引業者がその資産の運用を行う登録投資法人（投資信託及び投資法人に関する法律第二条第十三項に規定する登録投資法人をいう。）には、適用しない。
A registered investment corporation as provided for in the preceding paragraph is deemed a Real Estate Broker to whom the Minister of Land, Infrastructure, Transport and Tourism has granted a license and accordingly subject to the provisions of this Act with the exception of the provisions as listed in the preceding paragraph and the provisions of Article 31-3, Article 35, Article 35-2, Article 37, and Articles 48 through 50.