# 金融商品取引法 / Financial Instruments and Exchange Act — 第二十三条 (Supplementary Provisions, Article 23) - 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: 第二十三条 (Supplementary Provisions, Article 23) — address `suppl-4101-107/art-23` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-23 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-23 - 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. --- ### 第二十三条 suppl-4101-107/art-23 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-23 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-23 **第一項** 新証券取引法第五十一条の規定は、みなし登録証券会社については、施行日以後に開始する営業年度に係る同条第一項の証券取引責任準備金の積立てについて適用し、施行日前に開始した営業年度に係る旧証券取引法第五十九条第一項の証券取引責任準備金の積立てについては、なお従前の例による。 suppl-4101-107/art-23/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-23/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-23/par-1 The provisions of Article 51 of the New Securities and Exchange Act apply, with regard to a deemed registered securities company, to the accumulation of the securities transaction liability reserve under paragraph (1) of that Article for a business year commencing on or after the effective date, and the provisions then in force continue to govern the accumulation of the securities transaction liability reserve under Article 59, paragraph (1) of the Former Securities and Exchange Act for a business year that commenced before the effective date. machine translation, not official **第二項** みなし登録証券会社に係るこの法律の施行の際現に存する旧証券取引法第五十九条第一項の証券取引責任準備金及び前項の規定によりなお従前の例によることとされる場合における同条第一項の証券取引責任準備金は、新証券取引法第五十一条第一項の証券取引責任準備金として積み立てられたものとみなす。 suppl-4101-107/art-23/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-23/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-23/par-2 The securities transaction liability reserve under Article 59, paragraph (1) of the Former Securities and Exchange Act that exists at the time this Act comes into effect with regard to a deemed registered securities company, and the securities transaction liability reserve under paragraph (1) of that Article in the case where the provisions then in force continue to govern pursuant to the provisions of the preceding paragraph, are deemed to have been accumulated as the securities transaction liability reserve under Article 51, paragraph (1) of the New Securities and Exchange Act. machine translation, not official **第三項** 施行日前にされた旧証券取引法第五十九条第二項ただし書の承認は、新証券取引法第五十一条第二項ただし書の承認とみなす。 suppl-4101-107/art-23/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-23/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-23/par-3 The approval under the proviso to Article 59, paragraph (2) of the Former Securities and Exchange Act that was given before the effective date is deemed to be the approval under the proviso to Article 51, paragraph (2) of the New Securities and Exchange Act. machine translation, not official --- ## Cites - suppl-4101-107/art-23/par-2: 前項 → 金融商品取引法 附則第二十三条第一項 (Supplementary Provisions, Article 23, paragraph (1)), suppl-4101-107/art-23/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-23/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-23/par-1 ## Cited by 2 provisions cite this one. No official source publishes this direction. - 金融商品取引法 附則第二十三条第二項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-23/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-23/par-2 - 金融商品取引法 附則第三十六条第七項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-36/par-7 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-36/par-7 --- ## 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-20261023T035921-029, 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