# 金融商品取引法 / Financial Instruments and Exchange Act — 第四十五条 (Supplementary Provisions, Article 45)

- Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号
- English title "Financial Instruments and Exchange Act": Ministry of Justice translation
- Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say.
- Provision: 第四十五条 (Supplementary Provisions, Article 45) — address `suppl-4101-107/art-45`
- Text in force since: 2026-08-12
- URL (the page that opens at this provision): https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4101-107/art-45
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-45
- Every provision below carries its address and both URLs on the line under it.
- Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below.

Only the Japanese as published by the government has legal effect; the text
below is a copy of it. Every English rendering below is a translation and
says which kind: the Ministry of Justice's translation, or this
site's machine translation, whose model and date the Sources list names.
They are never merged and never substituted for one another.

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### 第四十五条
<sup>suppl-4101-107/art-45 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4101-107/art-45 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-45</sup>

**第一項**  新証券取引法第九十八条第五項の規定は、この法律の施行の際現に新証券取引法第二十八条の四第九号イからヘまでのいずれかに該当している証券取引所の役員である者（旧証券取引法第三十二条第四号イからニまでのいずれかに該当している者を除く。）が、引き続き新証券取引法第二十八条の四第九号イからヘまでのいずれかに該当している場合については、施行日から起算して五年を経過する日までの間は、適用しない。
<sup>suppl-4101-107/art-45/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4101-107/art-45/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-45/par-1</sup>
The provisions of Article 98, paragraph (5) of the New Securities and Exchange Act do not apply, until the day on which five years have elapsed counting from the effective date, in the case where a person who is an officer of a securities exchange and who, at the time this Act comes into force, falls under any of Article 28-4, item (ix), (a) through (f) of the New Securities and Exchange Act (excluding a person who falls under any of Article 32, item (iv), (a) through (d) of the Former Securities and Exchange Act) continues to fall under any of Article 28-4, item (ix), (a) through (f) of the New Securities and Exchange Act.
<sup>machine translation, not official</sup>

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## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22
- claude-sonnet-5-5 — Machine translation, batch financial-instruments-and-exchange-act-20261023T035921-031, translated 2026-10-23
- This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22
