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Supplementary Provisions, Article 11Transitional Measures on Revocation of License

第十一条(免許の取消し等に関する経過措置)

The provisions of Article 27 of the new Act apply to the suspension of a bank's services, dismissal of a director or company auditor, or revocation of the license referred to in Article 4, paragraph (1) of the new Act granted by the Prime Minister, related to an action that a bank has performed on or after the effective date, and prior laws continue to govern the suspension of a bank's services, dismissal of a director or company auditor, or revocation of the license granted by the competent minister related to an action that a bank licensed under the former Act has performed before the effective date.

新法第二十七条の規定は、施行日以後にした行為に係る銀行の業務の停止、取締役又は監査役の解任及び新法第四条第一項の内閣総理大臣の免許の取消しについて適用し、施行日前にした行為に係る旧法の免許を受けた銀行の業務の停止、取締役又は監査役の改任及び主務大臣の免許の取消しについては、なお従前の例による。

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