# 金融商品取引法 / Financial Instruments and Exchange Act — 第百二十四条 (Supplementary Provisions, Article 124) - 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: 第百二十四条 (Supplementary Provisions, Article 124) — address `suppl-4181-65/art-124` - 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-4181-65/art-124 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124 - 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. --- ### 第百二十四条 suppl-4181-65/art-124 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-124 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124 **第一項** この法律の施行の際現に旧証券取引法第百十条第二項第一号から第三号まで又は第五号に掲げる者（当該者がみなし免許取引所の子会社（前条第二項に規定する子会社をいう。）であるみなし免許取引所又はみなし認可取引所持株会社（以下この条において「関連取引所等」という。）である場合に限る。）が発行者である旧有価証券をその売買のためその開設する取引所有価証券市場に上場することにつき旧証券取引法第百十条第二項の承認を受けているみなし免許取引所は、施行日において新金融商品取引法第百二十四条第一項の承認を受けたものとみなす。 suppl-4181-65/art-124/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-124/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124/par-1 A deemed licensed exchange that, at the time of enforcement of this Act, has obtained the approval under Article 110, paragraph (2) of the Former Securities and Exchange Act for listing on the exchange securities market that it establishes, for the purpose of their purchase and sale, former securities of which a person set forth in Article 110, paragraph (2), items (i) through (iii) or item (v) of the Former Securities and Exchange Act (limited to the case where that person is a deemed licensed exchange or deemed authorized exchange holding company that is a subsidiary company (meaning a subsidiary company prescribed in paragraph (2) of the preceding Article) of a deemed licensed exchange (such a deemed licensed exchange or deemed authorized exchange holding company is hereinafter referred to as a "related exchange, etc." in this Article)) is the issuer, is deemed to have obtained the approval under Article 124, paragraph (1) of the New Financial Instruments and Exchange Act on the effective date. machine translation, not official **第二項** この法律の施行の際現に旧証券取引法第百十条第二項第四号又は第五号に掲げる者（当該者が関連取引所等である場合を除く。）が発行者である旧有価証券をその売買のためその開設する取引所有価証券市場に上場することにつき同項の承認を受けているみなし免許取引所は、施行日において新金融商品取引法第百二十四条第三項の承認を受けたものとみなす。 suppl-4181-65/art-124/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-124/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124/par-2 A deemed licensed exchange that, at the time of enforcement of this Act, has obtained the approval under Article 110, paragraph (2) of the Former Securities and Exchange Act for listing on the exchange securities market that it establishes, for the purpose of their purchase and sale, former securities of which a person set forth in Article 110, paragraph (2), item (iv) or (v) of the Former Securities and Exchange Act (excluding the case where that person is a related exchange, etc.) is the issuer, is deemed to have obtained the approval under Article 124, paragraph (3) of the New Financial Instruments and Exchange Act on the effective date. machine translation, not official **第三項** この法律の施行の際現に旧証券取引法第百十条第二項第一号から第三号まで又は第五号に掲げる者（当該者が関連取引所等である場合に限る。）が発行者である旧有価証券、当該旧有価証券に係る金融指標又は当該旧有価証券に係るオプションを市場デリバティブ取引のために上場しているみなし免許取引所は、施行日において新金融商品取引法第百二十四条第一項の承認を受けたものとみなす。 suppl-4181-65/art-124/par-3 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-124/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124/par-3 A deemed licensed exchange that, at the time of enforcement of this Act, has listed, for market derivatives transactions, former securities of which a person set forth in Article 110, paragraph (2), items (i) through (iii) or item (v) of the Former Securities and Exchange Act (limited to the case where that person is a related exchange, etc.) is the issuer, a financial index relating to those former securities, or options relating to those former securities, is deemed to have obtained the approval under Article 124, paragraph (1) of the New Financial Instruments and Exchange Act on the effective date. machine translation, not official **第四項** この法律の施行の際現に旧証券取引法第百十条第二項第四号又は第五号に掲げる者（当該者が関連取引所等である場合を除く。）が発行者である旧有価証券、当該旧有価証券に係る金融指標又は当該旧有価証券に係るオプションを市場デリバティブ取引のために上場しているみなし免許取引所は、施行日において新金融商品取引法第百二十四条第三項の承認を受けたものとみなす。 suppl-4181-65/art-124/par-4 · https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-124/par-4 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124/par-4 A deemed licensed exchange that, at the time of enforcement of this Act, has listed, for market derivatives transactions, former securities of which a person set forth in Article 110, paragraph (2), item (iv) or (v) of the Former Securities and Exchange Act (excluding the case where that person is a related exchange, etc.) is the issuer, a financial index relating to those former securities, or options relating to those former securities, is deemed to have obtained the approval under Article 124, paragraph (3) of the New Financial Instruments and Exchange Act on the effective date. machine translation, not official --- ## Cites - suppl-4181-65/art-124/par-1: 前条第二項 → 金融商品取引法 附則第百二十三条第二項 (Supplementary Provisions, Article 123, paragraph (2)), suppl-4181-65/art-123/par-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-123/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-123/par-2 - suppl-4181-65/art-124/par-1: この条 → 金融商品取引法 附則第百二十四条 (Supplementary Provisions, Article 124), suppl-4181-65/art-124 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-124 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124 - suppl-4181-65/art-124/par-1: 新金融商品取引法第百二十四条第一項 → 金融商品取引法 第百二十四条第一項 (Article 124, paragraph (1)), art-124/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-124/par-1 · https://japanlaw.org/l/323AC0000000025/art-124/par-1 - suppl-4181-65/art-124/par-2: 新金融商品取引法第百二十四条第三項 → 金融商品取引法 第百二十四条第三項 (Article 124, paragraph (3)), art-124/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-124/par-3 · https://japanlaw.org/l/323AC0000000025/art-124/par-3 - suppl-4181-65/art-124/par-3: 新金融商品取引法第百二十四条第一項 → 金融商品取引法 第百二十四条第一項 (Article 124, paragraph (1)), art-124/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-124/par-1 · https://japanlaw.org/l/323AC0000000025/art-124/par-1 - suppl-4181-65/art-124/par-4: 新金融商品取引法第百二十四条第三項 → 金融商品取引法 第百二十四条第三項 (Article 124, paragraph (3)), art-124/par-3 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-124/par-3 · https://japanlaw.org/l/323AC0000000025/art-124/par-3 ## Cited by 2 provisions cite this one. No official source publishes this direction. - 金融商品取引法 附則第三十一条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-31/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-31/par-1 - 金融商品取引法 附則第百二十四条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-124/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-124/par-1 --- ## 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-20261023T033157-057, translated 2026-10-23 - claude-sonnet-5-5, corrected on review by claude-opus-5-5 — Machine translation corrected on review, batch financial-instruments-and-exchange-act-20261023T033157-057, 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