This Act comes into effect on April 1, 2002; provided, however, that the provisions set forth in the following items come into effect on the dates specified respectively in those items:

①If the employer of its establishing place of business has concluded a qualified retirement pension contract prescribed in Article 20, paragraph (3) of the Supplementary Provisions of the New Corporation Tax Act, an employees' pension Fund may, only until March 31, 2012 and with the approval of the Minister of Health, Labour and Welfare, succeed to the rights and obligations concerning the payment of benefits pertaining to beneficiaries, etc. of a transferred qualified retirement pension.

②The provisions of Article 107, paragraph (3) apply mutatis mutandis to the case where an employees' pension Fund applies for the authorization referred to in the preceding paragraph.

③If that employees' pension Fund succeeds to the rights and obligations pursuant to the provisions of paragraph (1), the reserves under that qualified retirement pension contract are to be transferred from the corporation listed in any of the items of Article 20, paragraph (2) of the Supplementary Provisions of the New Corporation Tax Act that pertains to that qualified retirement pension contract to that employees' pension Fund.

④With regard to a beneficiary, etc. of a transferred qualified retirement pension whose rights and obligations concerning the payment of benefits are succeeded to pursuant to the provisions of paragraph (1) and who does not become a member of that employees' pension Fund, the provisions of Articles 131 through 133-2 and Article 135 of the Employees' Pension Insurance Act, and of Article 36, paragraphs (1) and (2) of that Act as applied mutatis mutandis pursuant to Article 136 of that Act, do not apply.

⑤The provisions of Article 41 of the Employees' Pension Insurance Act as applied mutatis mutandis pursuant to Article 136 of that Act do not apply to benefits in the form of a pension or benefits in the form of a lump-sum payment that an employees' pension Fund which has succeeded to the rights and obligations concerning the payment of benefits pertaining to beneficiaries, etc. of a transferred qualified retirement pension pursuant to the provisions of paragraph (1) pays on the grounds of death (limited to those paid to a person who, on the date of obtaining the authorization referred to in paragraph (1), has the right to receive benefits of a retirement pension paid due to the death of a beneficiary, etc. of a transferred qualified retirement pension under that qualified retirement pension contract).

Beyond what is provided for in the preceding two Articles, necessary matters concerning the succession to rights and obligations pertaining to a qualified retirement pension contract prescribed in Article 20, paragraph (3) of the Supplementary Provisions of the New Corporation Tax Act are specified by Cabinet Order.

The provisions then in force continue to govern the application of penal provisions to conduct engaged in before this Act (or, for the provisions set forth in the items of Article 1 of the Supplementary Provisions, those provisions) comes into effect.

Beyond what is provided for in these Supplementary Provisions, transitional measures necessary incidental to the enforcement of this Act are specified by Cabinet Order.