# 金融商品取引法 / Financial Instruments and Exchange Act — 第十八条 (Supplementary Provisions, Article 18) - 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: 第十八条 (Supplementary Provisions, Article 18) — address `suppl-4201-65/art-18` - 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-4201-65/art-18 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18 - 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. --- ### 第十八条 suppl-4201-65/art-18 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18 **第一項** 重要な事項につき虚偽の記載がある旧金融商品取引法第百七十二条第三項に規定する発行開示書類であって、この法律の施行の際旧金融商品取引法第百七十八条第一項の規定による審判手続開始の決定がされることなくその書類を提出した日から三年を経過しているものについては、新金融商品取引法第百七十八条第七項の規定にかかわらず、同条第一項第二号に掲げる事実について、同項の規定による審判手続開始の決定をすることができない。 suppl-4201-65/art-18/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18/par-1 With regard to a disclosure document for offerings prescribed in Article 172, paragraph (3) of the Former Financial Instruments and Exchange Act that contains a false statement regarding a material particular and for which three years have elapsed since the day on which the document was submitted, without a decision to commence trial procedures having been issued under Article 178, paragraph (1) of the Former Financial Instruments and Exchange Act at the time this Act comes into effect, notwithstanding Article 178, paragraph (7) of the New Financial Instruments and Exchange Act, no decision to commence trial procedures under paragraph (1) of that Article may be issued for the fact set forth in item (ii) of that paragraph. machine translation, not official **第二項** 旧金融商品取引法第百七十二条第四項に規定する重要な事項につき虚偽の記載がある同項に規定する目論見書に係る同項に規定する売出しであって、この法律の施行の際旧金融商品取引法第百七十八条第一項の規定による審判手続開始の決定がされることなくその行為を開始した日から三年を経過しているものについては、新金融商品取引法第百七十八条第八項の規定にかかわらず、同条第一項第二号に掲げる事実について、同項の規定による審判手続開始の決定をすることができない。 suppl-4201-65/art-18/par-2 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18/par-2 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18/par-2 With regard to a secondary distribution prescribed in Article 172, paragraph (4) of the Former Financial Instruments and Exchange Act that pertains to a prospectus prescribed in that paragraph that contains a false statement regarding a material particular, and for which three years have elapsed since the day on which the act was commenced, without a decision to commence trial procedures having been issued under Article 178, paragraph (1) of the Former Financial Instruments and Exchange Act at the time this Act comes into effect, notwithstanding Article 178, paragraph (8) of the New Financial Instruments and Exchange Act, no decision to commence trial procedures under paragraph (1) of that Article may be issued for the fact set forth in item (ii) of that paragraph. machine translation, not official **第三項** 重要な事項につき虚偽の記載がある旧金融商品取引法第百七十八条第五項に規定する継続開示書類であって、この法律の施行の際同条第一項の規定による審判手続開始の決定がされることなくその書類を提出した日から三年を経過しているものについては、新金融商品取引法第百七十八条第十一項の規定にかかわらず、同条第一項第四号に掲げる事実について、同項の規定による審判手続開始の決定をすることができない。 suppl-4201-65/art-18/par-3 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18/par-3 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18/par-3 With regard to an ongoing disclosure document prescribed in Article 178, paragraph (5) of the Former Financial Instruments and Exchange Act that contains a false statement regarding a material particular and for which three years have elapsed since the day on which the document was submitted, without a decision to commence trial procedures having been issued under paragraph (1) of that Article at the time this Act comes into effect, notwithstanding Article 178, paragraph (11) of the New Financial Instruments and Exchange Act, no decision to commence trial procedures under paragraph (1) of that Article may be issued for the fact set forth in item (iv) of that paragraph. machine translation, not official **第四項** 旧金融商品取引法第百七十三条第一項に規定する違反行為であって、この法律の施行の際旧金融商品取引法第百七十八条第一項の規定による審判手続開始の決定がされることなくその行為が行われた日から三年を経過しているものについては、新金融商品取引法第百七十八条第二十二項の規定にかかわらず、同条第一項第十二号に掲げる事実について、同項の規定による審判手続開始の決定をすることができない。 suppl-4201-65/art-18/par-4 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18/par-4 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18/par-4 With regard to a violation prescribed in Article 173, paragraph (1) of the Former Financial Instruments and Exchange Act for which three years have elapsed since the day on which the act was committed, without a decision to commence trial procedures having been issued under Article 178, paragraph (1) of the Former Financial Instruments and Exchange Act at the time this Act comes into effect, notwithstanding Article 178, paragraph (22) of the New Financial Instruments and Exchange Act, no decision to commence trial procedures under paragraph (1) of that Article may be issued for the fact set forth in item (xii) of that paragraph. machine translation, not official **第五項** 旧金融商品取引法第百七十四条第一項に規定する違反行為であって、この法律の施行の際旧金融商品取引法第百七十八条第一項の規定による審判手続開始の決定がされることなくその行為が終了した日から三年を経過しているものについては、新金融商品取引法第百七十八条第二十四項の規定にかかわらず、同条第一項第十四号に掲げる事実について、同項の規定による審判手続開始の決定をすることができない。 suppl-4201-65/art-18/par-5 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18/par-5 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18/par-5 With regard to a violation prescribed in Article 174, paragraph (1) of the Former Financial Instruments and Exchange Act for which three years have elapsed since the day on which the act ended, without a decision to commence trial procedures having been issued under Article 178, paragraph (1) of the Former Financial Instruments and Exchange Act at the time this Act comes into effect, notwithstanding Article 178, paragraph (24) of the New Financial Instruments and Exchange Act, no decision to commence trial procedures under paragraph (1) of that Article may be issued for the fact set forth in item (xiv) of that paragraph. machine translation, not official **第六項** 旧金融商品取引法第百六十六条第一項に規定する売買等であって、この法律の施行の際旧金融商品取引法第百七十八条第一項の規定による審判手続開始の決定がされることなくその行為が行われた日から三年を経過しているものについては、新金融商品取引法第百七十八条第二十六項の規定にかかわらず、同条第一項第十六号に掲げる事実について、同項の規定による審判手続開始の決定をすることができない。 suppl-4201-65/art-18/par-6 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18/par-6 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18/par-6 With regard to a purchase and sale, etc. prescribed in Article 166, paragraph (1) of the Former Financial Instruments and Exchange Act for which three years have elapsed since the day on which the act was carried out, without a decision to commence trial procedures having been issued under Article 178, paragraph (1) of the Former Financial Instruments and Exchange Act at the time this Act comes into effect, notwithstanding Article 178, paragraph (26) of the New Financial Instruments and Exchange Act, no decision to commence trial procedures under paragraph (1) of that Article may be issued for the fact set forth in item (xvi) of that paragraph. machine translation, not official **第七項** 旧金融商品取引法第百六十七条第一項に規定する特定株券等若しくは関連株券等に係る買付け等又は同項に規定する株券等に係る売付け等であって、この法律の施行の際旧金融商品取引法第百七十八条第一項の規定による審判手続開始の決定がされることなくその行為が行われた日から三年を経過しているものについては、新金融商品取引法第百七十八条第二十七項の規定にかかわらず、同条第一項第十六号に掲げる事実について、同項の規定による審判手続開始の決定をすることができない。 suppl-4201-65/art-18/par-7 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-18/par-7 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-18/par-7 With regard to a purchase, etc. of specified share certificates, etc. or related share certificates, etc. prescribed in Article 167, paragraph (1) of the Former Financial Instruments and Exchange Act, or a sale, etc. of share certificates, etc. prescribed in that paragraph, for which three years have elapsed since the day on which the act was carried out, without a decision to commence trial procedures having been issued under Article 178, paragraph (1) of the Former Financial Instruments and Exchange Act at the time this Act comes into effect, notwithstanding Article 178, paragraph (27) of the New Financial Instruments and Exchange Act, no decision to commence trial procedures under paragraph (1) of that Article may be issued for the fact set forth in item (xvi) of that paragraph. machine translation, not official --- ## Cites - suppl-4201-65/art-18/par-1: 新金融商品取引法第百七十八条第七項 → 金融商品取引法 第百七十八条第七項 (Article 178, paragraph (7)), art-178/par-7 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-7 · https://japanlaw.org/l/323AC0000000025/art-178/par-7 - suppl-4201-65/art-18/par-1: 同条第一項第二号 → 金融商品取引法 第百七十八条第一項第二号 (Article 178, paragraph (1), item (ii)), art-178/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-2 - suppl-4201-65/art-18/par-1: 同項 → 金融商品取引法 第百七十八条第一項 (Article 178, paragraph (1)), art-178/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1 · https://japanlaw.org/l/323AC0000000025/art-178/par-1 - suppl-4201-65/art-18/par-2: 新金融商品取引法第百七十八条第八項 → 金融商品取引法 第百七十八条第八項 (Article 178, paragraph (8)), art-178/par-8 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-8 · https://japanlaw.org/l/323AC0000000025/art-178/par-8 - suppl-4201-65/art-18/par-2: 同条第一項第二号 → 金融商品取引法 第百七十八条第一項第二号 (Article 178, paragraph (1), item (ii)), art-178/par-1/item-2 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-2 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-2 - suppl-4201-65/art-18/par-2: 同項 → 金融商品取引法 第百七十八条第一項 (Article 178, paragraph (1)), art-178/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1 · https://japanlaw.org/l/323AC0000000025/art-178/par-1 - suppl-4201-65/art-18/par-3: 新金融商品取引法第百七十八条第十一項 → 金融商品取引法 第百七十八条第十一項 (Article 178, paragraph (11)), art-178/par-11 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-11 · https://japanlaw.org/l/323AC0000000025/art-178/par-11 - suppl-4201-65/art-18/par-3: 同条第一項第四号 → 金融商品取引法 第百七十八条第一項第四号 (Article 178, paragraph (1), item (iv)), art-178/par-1/item-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-4 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-4 - suppl-4201-65/art-18/par-3: 同項 → 金融商品取引法 第百七十八条第一項 (Article 178, paragraph (1)), art-178/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1 · https://japanlaw.org/l/323AC0000000025/art-178/par-1 - suppl-4201-65/art-18/par-4: 新金融商品取引法第百七十八条第二十二項 → 金融商品取引法 第百七十八条第二十二項 (Article 178, paragraph (22)), art-178/par-22 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-22 · https://japanlaw.org/l/323AC0000000025/art-178/par-22 - suppl-4201-65/art-18/par-4: 同条第一項第十二号 → 金融商品取引法 第百七十八条第一項第十二号 (Article 178, paragraph (1), item (xii)), art-178/par-1/item-12 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-12 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-12 - suppl-4201-65/art-18/par-4: 同項 → 金融商品取引法 第百七十八条第一項 (Article 178, paragraph (1)), art-178/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1 · https://japanlaw.org/l/323AC0000000025/art-178/par-1 - suppl-4201-65/art-18/par-5: 新金融商品取引法第百七十八条第二十四項 → 金融商品取引法 第百七十八条第二十四項 (Article 178, paragraph (24)), art-178/par-24 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-24 · https://japanlaw.org/l/323AC0000000025/art-178/par-24 - suppl-4201-65/art-18/par-5: 同条第一項第十四号 → 金融商品取引法 第百七十八条第一項第十四号 (Article 178, paragraph (1), item (xiv)), art-178/par-1/item-14 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-14 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-14 - suppl-4201-65/art-18/par-5: 同項 → 金融商品取引法 第百七十八条第一項 (Article 178, paragraph (1)), art-178/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1 · https://japanlaw.org/l/323AC0000000025/art-178/par-1 - suppl-4201-65/art-18/par-6: 新金融商品取引法第百七十八条第二十六項 → 金融商品取引法 第百七十八条第二十六項 (Article 178, paragraph (26)), art-178/par-26 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-26 · https://japanlaw.org/l/323AC0000000025/art-178/par-26 - suppl-4201-65/art-18/par-6: 同条第一項第十六号 → 金融商品取引法 第百七十八条第一項第十六号 (Article 178, paragraph (1), item (xvi)), art-178/par-1/item-16 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-16 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-16 - suppl-4201-65/art-18/par-6: 同項 → 金融商品取引法 第百七十八条第一項 (Article 178, paragraph (1)), art-178/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1 · https://japanlaw.org/l/323AC0000000025/art-178/par-1 - suppl-4201-65/art-18/par-7: 新金融商品取引法第百七十八条第二十七項 → 金融商品取引法 第百七十八条第二十七項 (Article 178, paragraph (27)), art-178/par-27 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-27 · https://japanlaw.org/l/323AC0000000025/art-178/par-27 - suppl-4201-65/art-18/par-7: 同条第一項第十六号 → 金融商品取引法 第百七十八条第一項第十六号 (Article 178, paragraph (1), item (xvi)), art-178/par-1/item-16 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1/item-16 · https://japanlaw.org/l/323AC0000000025/art-178/par-1/item-16 - suppl-4201-65/art-18/par-7: 同項 → 金融商品取引法 第百七十八条第一項 (Article 178, paragraph (1)), art-178/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-178/par-1 · https://japanlaw.org/l/323AC0000000025/art-178/par-1 ## Cited by 1 provision cites this one. No official source publishes this direction. - 金融商品取引法 附則第四十一条第一項（政令への委任） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4201-65/art-41/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4201-65/art-41/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, corrected on review by claude-opus-5-5 — Machine translation corrected on review, batch financial-instruments-and-exchange-act-20261023T033157-062, 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