# 金融商品取引法 / Financial Instruments and Exchange Act — 第三条 (Supplementary Provisions, Article 3)

- 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: 第三条 (Supplementary Provisions, Article 3) — address `suppl-4101-107/art-3`
- 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-3
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-3
- 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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### 第三条
<sup>suppl-4101-107/art-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-3 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-3</sup>

**第一項**  附則第八十九条第一項に規定する特定信託約款に係る証券投資信託の受益証券については、施行日から起算して二年を経過する日までの間は、新証券取引法第二章の規定は、適用しない。
<sup>suppl-4101-107/art-3/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-3/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-3/par-1</sup>
With regard to beneficiary certificates of securities investment trusts pertaining to the specified trust terms prescribed in Article 89, paragraph (1) of the Supplementary Provisions, the provisions of Chapter II of the New Securities and Exchange Act do not apply until the day on which two years elapse, counting from the effective date.
<sup>machine translation, not official</sup>

**第二項**  前項に規定する受益証券で、その特定期間（新証券取引法第二十四条第五項に規定する特定期間をいう。）の末日（その日が施行日から起算して二年を経過した日前であるときは、同日）におけるその所有者の数が政令で定める数以上であるものは、同条第一項第三号に該当するものとみなして新証券取引法第二十四条から第二十四条の五まで、第二十五条及び第二十六条（これらの規定に係る罰則を含む。）の規定を適用する。
<sup>suppl-4101-107/art-3/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-3/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-3/par-2</sup>
Beneficiary certificates prescribed in the preceding paragraph for which the number of holders on the last day of their specific period (meaning the specific period prescribed in Article 24, paragraph (5) of the New Securities and Exchange Act) (or, if that day is before the day on which two years have elapsed counting from the effective date, the day on which two years have elapsed) is the number specified by Cabinet Order or more are deemed to fall under paragraph (1), item (iii) of that Article, and the provisions of Articles 24 through 24-5, Article 25, and Article 26 of the New Securities and Exchange Act (including penal provisions pertaining to these provisions) apply.
<sup>machine translation, not official</sup>

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## Cites
- suppl-4101-107/art-3/par-2: 前項 → 金融商品取引法 附則第三条第一項 (Supplementary Provisions, Article 3, paragraph (1)), suppl-4101-107/art-3/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-3/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-3/par-1

## Cited by

1 provision cites this one. No official source publishes this direction.

- 金融商品取引法 附則第三条第二項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4101-107/art-3/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4101-107/art-3/par-2

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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-20261023T035921-028, 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
