Supplementary Provisions, Article 2Transitional Measures Accompanying the Partial Amendment of the Financial Instruments and Exchange Act by the Provisions of Article 1

①A person who became a major shareholder of a financial instruments business operator prescribed in Article 32, paragraph (1) of the Financial Instruments and Exchange Act prior to amendment by the provisions of Article 1 (hereinafter referred to in this Article as the "Former Financial Instruments and Exchange Act") before the date of enforcement of this Act (hereinafter referred to as "the effective date") (excluding a person who became that major shareholder by holding subject voting rights (meaning the subject voting rights prescribed in Article 32, paragraph (1) of the Former Financial Instruments and Exchange Act; the same applies in the following paragraph) exceeding 50 percent of the voting rights held by all the shareholders, etc. in that financial instruments business operator (meaning the voting rights held by all the shareholders, etc. prescribed in Article 32, paragraph (1) of the Former Financial Instruments and Exchange Act; the same applies in the following paragraph)), and who, at the time this Act comes into effect, falls under a specified major shareholder prescribed in Article 32, paragraph (4) of the Financial Instruments and Exchange Act as amended by the provisions of Article 1 (hereinafter referred to in this Article through Article 4 of the Supplementary Provisions as the "New Financial Instruments and Exchange Act") (hereinafter simply referred to in this Article as a "specified major shareholder"), is deemed, on the effective date, to have become a specified major shareholder of that financial instruments business operator from a major shareholder other than a specified major shareholder of that financial instruments business operator (meaning a major shareholder prescribed in Article 32, paragraph (1) of the New Financial Instruments and Exchange Act).

②A person who became a major shareholder of a financial instruments business operator prescribed in Article 32, paragraph (1) of the Former Financial Instruments and Exchange Act before the effective date (limited to a person who became that major shareholder by holding subject voting rights exceeding 50 percent of the voting rights held by all the shareholders, etc. in that financial instruments business operator), and who, at the time this Act comes into effect, falls under a major shareholder other than a specified major shareholder (meaning a major shareholder prescribed in Article 32, paragraph (1) of the New Financial Instruments and Exchange Act; hereinafter the same applies in this paragraph), is deemed, on the effective date, to have become a major shareholder other than a specified major shareholder of that financial instruments business operator from a specified major shareholder of that financial instruments business operator.