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Supplementary Provisions, Article 5Restrictions on Disposal of Own Shares, etc.

第五条(自己の株式の処分の制限等)

A stock company must not, until March 31, 2002, dispose of the own shares it holds, except in the cases prescribed in Articles 356, 374-19 and 409-2 of the Amended Commercial Code and in the following paragraph.

株式会社は、平成十四年三月三十一日までの間、、及び並びに次項に規定する場合を除き、その有する自己の株式を処分してはならない。

A company that has purchased shares on the basis of a resolution under of the Former Commercial Code may transfer those shares within the scope of that resolution. In this case, the provisions of Part II, Chapter II, Section 8 of the Companies Act (Act No. 86 of 2005) do not apply.

の決議に基づいて株式を買い受けた会社は、その株式をその決議の範囲内で譲渡することができる。この場合においては、会社法(平成十七年法律第八十六号)第二編第二章第八節の規定は、適用しない。

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