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Supplementary Provisions, Article 7Transitional Measures for Granting Credit to Directors

第七条(取締役に対する信用の供与に関する経過措置)

The provisions of Article 14 of the new Act apply to the grant of credit prescribed in Article 14, paragraph (1) of the new Act for which the director of the bank has obtained the approval of the board of directors under the provisions of on or after the effective date, and prior laws continue to govern the grant of credit for which the director of the bank has obtained the approval of the board of directors under the provisions of before the effective date.

新法第十四条の規定は、施行日以後に銀行の取締役がの規定による取締役会の承認を受ける新法第十四条第一項に規定する信用の供与について適用し、施行日前にの規定による取締役会の承認を受けた当該信用の供与については、なお従前の例による。

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