This Act comes into effect as of the date specified by Cabinet Order, within a period not exceeding one year after the date of its promulgation.

①If, at the time this Act comes into effect, a bank, etc. (meaning a bank, etc. prescribed in Article 4, paragraph (5) of the Banking Act after the amendment pursuant to the provisions of Article 1 (hereinafter referred to as the "new Banking Act"); hereinafter the same applies in this Article) holds shares (limited to those with voting rights) or equity (hereinafter referred to as "shares or equity") in a number or amount exceeding fifty percent of the total number of issued shares (limited to those with voting rights) or the total amount of contribution (hereinafter referred to as "issued shares or contributions") of a company set forth in Article 16-4, paragraph (1), item (ii) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the Long-Term Credit Bank Act after the amendment pursuant to the provisions of Article 2 (hereinafter referred to as the "new Long-Term Credit Bank Act") or Article 11 of the Foreign Exchange Bank Act after the amendment pursuant to the provisions of Article 3 (hereinafter referred to as the "new Foreign Exchange Bank Act"); the same applies in the following paragraph), the bank, etc. 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 day on which this Act comes into effect (hereinafter referred to as the "effective date").

②If the acquisition of shares or equity for which a bank, etc. has already obtained the permission set forth in item (i) or has already filed the notification referred to in item (ii) at the time this Act comes into effect (limited to an acquisition that has not been implemented by the effective date) is to be an acquisition of shares or equity accounting for more than fifty percent of issued shares or contributions for a company set forth in Article 16-4, paragraph (1), item (ii) of the new Banking Act, the bank, etc. 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.

③The provisions of Article 16-2, paragraph (2) of the new Banking Act as applied mutatis mutandis pursuant to Article 16-4, paragraph (3) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the new Long-Term Credit Bank Act or Article 11 of the new Foreign Exchange Bank Act) apply mutatis mutandis to the shares or equity acquired or held by a bank, etc. in the case referred to in the preceding two paragraphs.

④A bank, etc. that has filed a notification pursuant to the provisions of paragraph (1) or (2) is deemed to have obtained, on the effective date, the authorization under Article 16-4, paragraph (1) of the new Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the new Long-Term Credit Bank Act or Article 11 of the new Foreign Exchange Bank Act; the same applies in the following paragraph) for the acquisition or holding of the shares or equity pertaining to the notification.

⑤An authorization granted before the effective date pursuant to the provisions of Article 9, paragraph (1) of the Banking Act before the amendment pursuant to the provisions of Article 1 (hereinafter referred to as the "former Banking Act") (including as applied mutatis mutandis pursuant to Article 17 of the Long-Term Credit Bank Act before the amendment pursuant to the provisions of Article 2 (hereinafter referred to as the "Former Long-Term Credit Bank Act") or Article 11 of the Foreign Exchange Bank Act before the amendment pursuant to the provisions of Article 3 (hereinafter referred to as the "Former Foreign Exchange Bank Act"), or as applied mutatis mutandis pursuant to Article 9, paragraph (2) of the former Banking Act (including as applied mutatis mutandis pursuant to Article 17 of the Former Long-Term Credit Bank Act or Article 11 of the Former Foreign Exchange Bank Act)), the conditions attached to that authorization, the approval pertaining to that authorization, or the application pertaining to that authorization is deemed to be an authorization granted pursuant to the provisions of Article 16-4, paragraph (1) of the new Banking Act, the conditions attached to that authorization, the approval pertaining to that authorization, or the application pertaining to that authorization.

Prior laws continue to govern the applicability of penal provisions to acts which a person has committed before this Act comes into effect, as well as to acts which a person commits after this Act comes into effect related to the particulars for which prior laws are to continue to govern pursuant to these Supplementary Provisions.

Beyond what is provided for in Article 2 through the preceding Article of the Supplementary Provisions, Cabinet Order prescribes the transitional measures necessary for the enforcement of this Act.