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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 Article 265 of the Commercial Code 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 Article 265 of the Commercial Code before the effective date.
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