Supplementary Provisions, Article 6Transitional Measures Concerning Trust Accounting Statements

With regard to the application of the provisions of Article 96 (Trust Accounting Statements) of the New Regulation to the statement prescribed in Article 227 of the New Act that is submitted on or after the date prescribed in Article 1, item (v) of the Supplementary Provisions (Effective Date) (hereinafter referred to as the "Effective Date of the Trust Act") and that pertains to a business year starting before the Effective Date of the Trust Act of a trust company prescribed in Article 227 (Trust Accounting Statements) of the New Act (hereinafter referred to as the "trust company") (or, in the case of a trustee other than a trust company, a statement submitted during the period from the Effective Date of the Trust Act to before January 1, 2009), in Article 96, paragraph (1), item (i) of the New Regulation, "residence (or, for a person who has no residence in Japan, the domicile abroad)" is deemed to be replaced with "residence", in item (iii) of that paragraph, "the breakdown of assets and liabilities and the amounts of assets and liabilities" is deemed to be replaced with "the types and current amounts of property", and in item (iv) of that paragraph, "assets" is deemed to be replaced with "property", and "revenue and expenses attributable to trust property" is deemed to be replaced with "income and expenditure relating to the trust".