Supplementary Provisions

This Act comes into effect as of the day specified by Cabinet Order within a period not exceeding one year from the date of promulgation.

①If a transaction for which permission was obtained under the provisions of Article 25 of the Foreign Exchange and Foreign Trade Act prior to its amendment by this Act (hereinafter referred to as the "Former Act") or under the provisions of an order based on that Article falls under one requiring permission under the provisions of Article 25 of the Foreign Exchange and Foreign Trade Act after its amendment by this Act (hereinafter referred to as the "New Act") or under the provisions of an order based on that Article, that transaction is deemed to be one for which permission has been obtained under the corresponding provisions of that Article or the corresponding provisions of an order based on that Article.

②If a transaction pertaining to an application for permission under the provisions of Article 25 of the Former Act or under the provisions of an order based on that Article, which has actually been filed as of the time this Act comes into effect, falls under one requiring permission under the provisions of Article 25 of the New Act or under the provisions of an order based on that Article, the provisions of the New Act apply to that application, deeming it to be an application for permission filed under the corresponding provisions of that Article or the corresponding provisions of an order based on that Article.

With respect to the prohibition of transactions or exports against a person who, before this Act comes into effect, violated the Former Act, an order based on the Former Act, or a disposition based on either of them, in connection with a transaction intended to provide technology for designing, manufacturing, or using goods, a transaction concerning the buying and selling of goods involving the transfer of goods between foreign countries, or a service transaction or transaction involving the transfer of goods between foreign countries (meaning a service transaction or transaction involving the transfer of goods between foreign countries prescribed in Article 25, paragraph (4) of the Former Act), or in connection with the export of goods, the provisions then in force continue to govern.

Beyond what is provided for in the preceding two Articles, necessary transitional measures for the enforcement of this Act (including transitional measures on penal provisions) are specified by Cabinet Order.

In the case where five years have elapsed after this Act comes into effect, the Government is to consider the state of enforcement of the New Act, and when it finds it necessary, is to review the provisions of the New Act and take necessary measures based on the results.