Supplementary Provisions

This Act comes into effect on April 1, 2004; provided, however, that the provisions of Article 28 of the Supplementary Provisions come into effect on the date of promulgation, and the provisions of Article 2, the following Article, Articles 3, 5, 6, 8 through 10, 30, 32, 36 through 45, 47, 50 and 52 of the Supplementary Provisions, and Article 53 of the Supplementary Provisions (limited to the provision amending Article 4, item (xviii) of the Act for Establishment of the Financial Services Agency (Act No. 130 of 1998)) come into effect on January 1, 2006.

①The provisions of Article 193-2, paragraph (2) (excluding the part pertaining to the provisions of Article 24-3 of the Certified Public Accountants Act) of the Securities and Exchange Act as amended by the provisions of Article 31 of the Supplementary Provisions (hereinafter referred to as the "New Securities and Exchange Act") apply to documents on financial accounting (meaning documents on financial accounting prescribed in Article 193-2, paragraph (2) of the New Securities and Exchange Act; the same applies hereinafter) for business years commencing on or after the effective date, and with regard to documents on financial accounting for business years that commenced before the effective date, the provisions then in force continue to govern.

②The provisions of Article 193-2, paragraph (2) of the New Securities and Exchange Act (limited to the part pertaining to the provisions of Article 24-3 of the Certified Public Accountants Act) apply to documents on financial accounting of a company for business years commencing on or after the effective date, being documents on financial accounting of that company for the consecutive business years on or after the business year for which a certified public accountant conducted audit certification of the documents on financial accounting of that company.

With regard to the application of penal provisions to acts committed before the enforcement of this Act (or, for the provisions prescribed in the proviso to Article 1 of the Supplementary Provisions, the enforcement of those provisions; the same applies hereinafter in this Article) and to acts committed after the enforcement of this Act in the cases where provisions are to remain in force pursuant to the provisions of these Supplementary Provisions and in the cases where the provisions then in force continue to govern pursuant to the provisions of these Supplementary Provisions, the provisions then in force continue to govern.

Beyond what is provided for in Articles 2 through 30, Article 33, Article 38, Article 40, Article 43, and Article 45 of the Supplementary Provisions, and the preceding Article, the transitional measures necessary for the enforcement of this Act are specified by Cabinet Order.