This Act comes into effect on March 1, 2004.

①A person who intends to obtain the registration under Article 16, paragraph (3) of the Real Estate Brokerage Act as amended by the provisions of Article 7 (hereinafter referred to as the "new Brokerage Act" in this Article) may file an application therefor even before the provisions of Article 7 come into effect. The same applies to the notification of the Regulations Governing Training Course Operations under the provisions of Article 17-9, paragraph (1) of the new Brokerage Act.

②A person that, at the time the provisions of Article 7 come into effect, has actually been designated under Article 16, paragraph (3) of the Real Estate Brokerage Act prior to the amendment by the provisions of that Article (hereinafter referred to as the "former Brokerage Act" in this Article) is deemed to have obtained the registration under Article 16, paragraph (3) of the new Brokerage Act until the day on which six months have elapsed from the date on which the provisions of Article 7 come into effect.

③A training course that was conducted pursuant to the provisions of Article 16, paragraph (3) of the former Brokerage Act by a person that had been designated under that paragraph and that was completed within three years before the provisions of Article 7 come into effect is deemed to be a training course conducted pursuant to the provisions of Article 16, paragraph (3) of the new Brokerage Act by a person that has obtained the registration under that paragraph, until the day on which three years have elapsed from the date on which the curriculum of that training course was completed.

Beyond what is provided for in Article 2 through the preceding Article of the Supplementary Provisions, a disposition, procedure or other act performed before this Act comes into effect pursuant to the provisions of the respective Acts prior to their amendment by this Act (including orders based on them), for which there are equivalent provisions in the respective Acts as amended by this Act (including orders based on them), is deemed to be a disposition, procedure or other act performed pursuant to those provisions.

With regard to the application of penal provisions to acts committed before this Act comes into effect and to acts committed after this Act comes into effect 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 Article 2 through the preceding Article of the Supplementary Provisions, the Transitional Measures necessary for the enforcement of this Act (including Transitional Measures concerning penal provisions) are specified by Cabinet Order.