This Act comes into effect on the date of promulgation; provided, however, that the provisions set forth in the following items come into effect on the dates specified in those items:

①Notwithstanding the provisions of Article 6 of the Special Accounts Act, during the period from fiscal 2012 to fiscal 2020, if, in the settlement of the revenue and expenditure of the Fiscal Loan Fund Account of the Fiscal Investment and Loan Program Special Account, the amount collected prescribed in Article 58, paragraph (1) of the Special Accounts Act is expected to fall short of the amount of expenditure, etc. prescribed in that paragraph, and that shortfall is expected to be impossible to make up pursuant to the provisions of paragraph (2) of that Article, funds may be transferred from the general account to that Account, as provided for in the budget, up to an amount equivalent to the amount that is expected to be impossible to make up, to cover the expenses referred to in Article 53, paragraph (1), item (ii) of the Special Accounts Act (excluding the redemption money for public bonds prescribed in (g) of that item).

②The transfers under the preceding paragraph are to be revenue of the Fiscal Loan Fund Account of the Fiscal Investment and Loan Program Special Account.

At an appropriate time after this Act comes into effect, the government is to review the approach to reconstruction costs and the approach to the various measures for securing the financial resources necessary for reconstruction measures, taking into consideration the state of reconstruction from the Great East Japan Earthquake and other circumstances.

①When conducting the review under the preceding Article, the government is to take the following measures and other measures, beyond what is provided for in Chapters II and III, with the aim of securing, during the period from fiscal 2011 to fiscal 2022, revenue in an amount equivalent to 2 trillion yen to be used to finance redemption costs:

②If, as a result of the review referred to in the items of the preceding paragraph, the government finds that it is not necessary to hold all or part of the shares prescribed in those items, it is to dispose of those shares as early as possible after taking legislative measures and other necessary measures.

Beyond the measures set forth in the items of paragraph (1) of the preceding Article, in order to secure financial resources for redemption costs through revenue other than tax revenue, the government is to review the approach to the disposal of the shares of Japan Post Holdings Co., Ltd. (excluding the shares that the government is required to hold pursuant to the provisions of Article 2 of the Act on Japan Post Holdings Co., Ltd. (Act No. 98 of 2005)), while taking into consideration the state of the business of Japan Post Holdings Co., Ltd., its earnings outlook, and other circumstances, and is to dispose of those shares as early as possible based on the results.

When the government uses the surplus in the settlement of the revenue and expenditure of the general account for each fiscal year from fiscal 2011 to fiscal 2015 to finance the redemption of public bonds or borrowings pursuant to the provisions of Article 6, paragraph (1) of the Public Finance Act, it is to endeavor to use that surplus to finance redemption costs in preference to other uses.

If the securing of financial resources for redemption costs under the preceding three Articles is expected, the government is to take the necessary measures to reduce the tax burden of the special taxes for reconstruction, while taking into consideration the estimated amount of reconstruction costs based on the results of the review under Article 12 of the Supplementary Provisions.

Taking into consideration the state of reconstruction from the Great East Japan Earthquake and other circumstances, the government is to review the approach to securing financial resources for the measures to be implemented, during the period from fiscal 2026 until the Reconstruction Agency is abolished pursuant to the provisions of Article 21 of the Act for Establishment of the Reconstruction Agency (Act No. 125 of 2011), based on the basic principles prescribed in Article 2 of the Basic Act on Reconstruction in Response to the Great East Japan Earthquake (Act No. 76 of 2011), and is to take the necessary measures based on the results.

①In order to make the flow of national funds for reconstruction from the Great East Japan Earthquake transparent and to properly manage the redemption of reconstruction bonds, the government is to establish in fiscal 2012 a special account to account for the revenue and expenditure for reconstruction projects, and is to take the necessary legislative measures.

②The special account prescribed in the preceding paragraph is to succeed to the obligations, etc. pertaining to the redemption of the reconstruction bonds issued pursuant to the provisions of Article 69 under the General Account Supplementary Budget (No. 3) for fiscal 2011.