Supplementary Provisions

The dates on which this Act comes into effect are to be specified by order for each provision.

A contract that exists at the time a provision comes into effect and that violates that provision ceases to have effect as from the date on which that provision comes into effect.

①The provisions of this Act do not apply to acts of enterprises carried out on the basis of a decided readjustment plan under the provisions of the Enterprise Reconstruction and Readjustment Act or a readjustment plan under the provisions of the Financial Institutions Reconstruction and Readjustment Act.

②The provisions of Article 11, paragraph (2) do not apply where a company engaged in financial business acquires or holds, on the basis of a decided readjustment plan under the provisions of the Enterprise Reconstruction and Readjustment Act, shares of another company in Japan that engages in a business other than financial business.

③The provisions of Article 11, paragraph (5) apply mutatis mutandis to the case referred to in the preceding paragraph.

The disposition of a juridical person or other organization that exists at the time the provisions of Article 5 come into effect and that exercises control over the distribution of all or part of materials or products by the method of sole purchase and sole sale, or allocates the distribution of all or part of materials or products, is to be specified by order.

The disposition of a holding company that exists at the time the provisions of Article 9 come into effect is to be specified by order.

The disposition of shares of other companies or company bonds that a company engaged in a business other than financial business holds, at the time the provisions of Article 10 or Article 12 come into effect, in contravention of those provisions is to be specified by order.

The disposition of shares of other companies or company bonds that a company engaged in financial business holds, at the time the provisions of Article 11 or Article 12 come into effect, in contravention of those provisions is to be specified by order.

①A person who, at the time the provisions of Article 13 come into effect, concurrently holds positions as officer in contravention of paragraph (1) of that Article must, within 90 days from the date on which the provisions of that Article come into effect, resign from the other positions, except for any one position.

②A person who, at the time the provisions of Article 13 come into effect, holds positions as officer of four or more companies must, within 90 days from the date on which the provisions of that Article come into effect, resign from the other positions, except for any three positions.

The disposition of shares held, at the time the provisions of Article 14 come into effect, in contravention of the provisions of that Article is to be specified by order.

A person who has held shares in violation of the provisions of Article 11, paragraph (5), which apply mutatis mutandis pursuant to Article 3, paragraph (3) of the Supplementary Provisions, is to be punished by imprisonment with work for not more than one year or a fine of not more than 200,000 yen.

A person who falls under any of the following items is to be punished by imprisonment with work for not more than one year or a fine of not more than 5,000 yen:

If a representative of a corporation, or an agent, an employee, or any other worker of a corporation or of an individual has, with regard to the business or property of the corporation or individual, committed a violation under Article 10 of the Supplementary Provisions or item (ii) of the preceding Article, in addition to the offender being punished, the corporation or individual is sentenced to the fine prescribed in each of those Articles.

The terms of office of the first Commissioners of the Japan Fair Trade Commission are, as determined by the Prime Minister, one year, two years, three years or five years respectively for four of them, and four years for two of them.