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Supplementary Provisions, Article 4Transitional Measures on Authorization for Overseas Subsidiaries

第四条(海外現地法人に係る認可に関する経過措置)

If, at the time this Act comes into effect, a bank that has already obtained the license under the former Act holds shares or equity in a foreign company prescribed in Article 9, paragraph (1) of the new Act in excess of the quantity or amount arrived at by multiplying the total number of issued shares or total amount of contribution in the foreign company by the percentage specified by the Ministry of Finance Order based on the provisions of Article 9, paragraph (1) of the new Act, the bank that has obtained the license under the former Act must file a notification to that effect with the Minister of Finance, by the last day of the three-month period that begins on the effective date.

この法律の施行の際現に旧法の免許を受けた銀行が新法第九条第一項に規定する外国の会社の発行済株式の総数又は出資の総額に同項の規定に基づく大蔵省令で定める率を乗じて得た数又は額を超えて当該外国の会社の株式又は持分を保有しているときは、当該旧法の免許を受けた銀行は、施行日から起算して三月以内にその旨を大蔵大臣に届け出なければならない。

If the acquisition of shares or equity interest for which a bank licensed under the former Act at the time this Act comes into effect has obtained the permission set forth in item (i) or has filed the notification set forth in item (ii) falls under the provisions of Article 9, paragraph (1) of the new Act, the bank licensed under the former Act must file a notification to that effect with the Minister of Finance by the last day of the three-month period that begins on the effective date.

この法律の施行の際旧法の免許を受けた銀行が第一号に掲げる許可を受け又は第二号に掲げる届出をしている株式又は持分の取得が新法第九条第一項の規定に該当するものであるときは、当該旧法の免許を受けた銀行は、施行日から起算して三月以内にその旨を大蔵大臣に届け出なければならない。

permission under the provisions of ;

(大蔵大臣の許可を要する資本取引)の規定による許可

a notification under the provisions of (limited to the case in which the period during which the acquisition of the shares or the equity interest related to the notification is prohibited pursuant to the provisions of has already expired without the bank receiving the recommendation from the Minister of Finance pursuant to the provisions of (Examination on Contents of Capital Transactions and Recommendation to Change Thereof), or if the bank has received that recommendation and notified the relevant person of its acceptance of the recommendation pursuant to the provisions of ).

外国為替及び(居住者による対外直接投資に係る届出)の規定による届出(当該届出につき、(資本取引に係る内容の審査及び変更勧告等)の規定による大蔵大臣の勧告を受けることなくの規定により当該届出に係る当該株式若しくは持分の取得を行つてはならない期間を経過している場合又は当該勧告を受けの規定により当該勧告を応諾する旨の通知がされている場合に限る。)

A bank licensed under the former Act that has filed a notification pursuant to the provisions of the preceding two paragraphs is deemed to have obtained the authorization referred to in Article 9, paragraph (1) of the new Act for acquiring the shares or equity interest related to the notification.

前二項の規定により届出をした旧法の免許を受けた銀行は、当該届出に係る株式又は持分の取得につき新法第九条第一項の認可を受けたものとみなす。

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