# Article 28, paragraph (3), its wordings — Foreign Exchange and Foreign Trade Act This is the Markdown twin of https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/history/art-28/par-3. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp. How the wording of Article 28, paragraph (3) (第二十八条第三項) changed with each amendment, and how it will change. - Law: Foreign Exchange and Foreign Trade Act (外国為替及び外国貿易法) — https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act - Provision: Article 28, paragraph (3) (第二十八条第三項) — https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/art-28/par-3 (as Markdown: https://japanlaw.org/md/en/foreign-exchange-and-foreign-trade-act/art-28/par-3) - The law's amendments: https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/amendments - 2 wordings, oldest first. ## 1. Before Act No. 30 of 2026 - State: In force Japanese: > 財務大臣及び事業所管大臣は、第一項の規定による届出があつた場合において、当該届出に係る特定取得が国の安全を損なう事態を生ずるおそれが大きい特定取得（我が国が加盟する特定取得に関する多数国間の条約その他の国際約束で政令で定めるもの（以下この項において「条約等」という。）の加盟国の外国投資家が行う特定取得で特定取得に関する制限の除去について当該条約等に基づく義務がないもの及び当該条約等の加盟国以外の国の外国投資家が行う特定取得でその国が当該条約等の加盟国であるものとした場合に当該義務がないこととなるものに限る。以下「国の安全に係る特定取得」という。）に該当しないかどうかを審査する必要があると認めるときは、当該届出に係る特定取得を行つてはならない期間を、当該届出を受理した日から起算して四月間に限り、延長することができる。 English (Japanese Law Translation, Ministry of Justice): > When a notification under paragraph (1) has been filed, on finding it necessary to examine whether the specified acquisition that is subject to the notification constitutes a specified acquisition that is highly likely to cause a situation that would compromise national security (but only a specified acquisition that is undertaken by a foreign investor from a member state of a multilateral treaty or other international agreement on specified acquisition that Cabinet Order prescribes and to which Japan has acceded (hereinafter referred to as a "treaty or other agreement" in this paragraph), if there is no obligation to remove restrictions on that specified acquisition based on the treaty or other agreement; as well as a specified acquisition that is undertaken by a foreign investor from a state other than the member state of such a treaty or other agreement, if there would be no obligation to remove restrictions on the specified acquisition if the state in question were a member state of the treaty or other agreement; hereinafter referred to as a "specified acquisition that is a matter of national security"), the Minister of Finance and the competent minister for the business may extend the period during which the specified acquisition that is subject to the notification must not be undertaken, but only to a period of four months starting on the day on which the notification is received. ## 2. 4 January 2027 — Act No. 30 of 2026 - State: Not yet in force - Takes effect: 4 January 2027 - The amendment: Reworded (Act No. 30 of 2026) — https://japanlaw.org/en/foreign-exchange-and-foreign-trade-act/amendments/20270104_508AC0000000030 Japanese: > 財務大臣及び事業所管大臣は、第一項の規定による届出があつた場合において、当該届出に係る特定取得が国の安全を損なう事態を生ずるおそれが大きい特定取得（我が国が加盟する特定取得に関する多数国間の条約その他の国際約束で政令で定めるもの（以下この項において「条約等」という。）の加盟国の外国投資家が行う特定取得で特定取得に関する制限の除去について当該条約等に基づく義務がないもの及び当該条約等の加盟国以外の国の外国投資家が行う特定取得でその国が当該条約等の加盟国であるものとした場合に当該義務がないこととなるものに限る。以下「国の安全に係る特定取得」という。）に該当しないかどうかを審査する必要があると認めるときは、政令で定めるところにより、当該届出に係る前項本文に規定する期間（以下この条及び第二十八条の三において「禁止期間」という。）を、当該届出を受理した日から起算して四月を経過する日までの間に限り、延長することができる。 English (Machine translation, not official): > When a notification under paragraph (1) has been filed, on finding it necessary to examine whether the specified acquisition that is subject to the notification constitutes a specified acquisition that is highly likely to cause a situation that would compromise national security (but only a specified acquisition that is undertaken by a foreign investor from a member state of a multilateral treaty or other international agreement on specified acquisition that Cabinet Order prescribes and to which Japan has acceded (hereinafter referred to as a "treaty or other agreement" in this paragraph), if there is no obligation to remove restrictions on that specified acquisition based on the treaty or other agreement; as well as a specified acquisition that is undertaken by a foreign investor from a state other than the member state of such a treaty or other agreement, if there would be no obligation to remove restrictions on the specified acquisition if the state in question were a member state of the treaty or other agreement; hereinafter referred to as a "specified acquisition that is a matter of national security"), the Minister of Finance and the competent minister for the business may, pursuant to the provisions of Cabinet Order, extend the prohibition period (meaning the period prescribed in the main clause of the preceding paragraph that relates to that notification; hereinafter the same applies in this Article and Article 28-3), but only until the final day in the four-month period that starts on the day on which the notification is received. --- ## Sources - The dates and the amending laws: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/324AC0000000228) - English name of the law: Japanese Law Translation, Ministry of Justice (https://www.japaneselawtranslation.go.jp/en/laws/view/4857/tb) - English titles of the amending laws: Written for this site with AI - The Japanese text before: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/324AC0000000228/20260812_508AC0000000064) - The Japanese text after: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/324AC0000000228/20270104_508AC0000000030)