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Supplementary Provisions, Article 48

第四十八条

A person who, at the time this Act comes into force, has received the license under of the Former Securities and Exchange Act is deemed, on the effective date, to have received the license under of the New Securities and Exchange Act; in this case, the provisions of and of the New Securities and Exchange Act do not apply.

この法律の施行の際現にの免許を受けている者は、施行日においての免許を受けたものとみなす。この場合において、及びの規定は、適用しない。

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