①If a person licensed as referred to in paragraph (1) of the preceding Article to run a hotel business (hereinafter referred to as a "hotelier") transfers that hotel business, and the transferor and the transferee have obtained the approval of the prefectural governor for the transfer and the acquisition, the transferee succeeds to the status of hotelier.

②The provisions of paragraph (2) of the preceding Article (limited to parts relating to the applicant) and paragraph (3) through paragraph (6) of that Article apply mutatis mutandis to the approval referred to in the preceding paragraph. In such a case, the term "the applicant" in paragraph (2) of that Article is deemed to be replaced with "the transferee".