I hereby give My Sanction to the Law concerning the abrogation of Special Account Law of the Government Investments and twenty-one other laws, and Ordinance for which the concurrence of the Imperial Diet has been obtained, and cause the same to be promulgated.
Signed:HIROHITO, Seal of the Emperor
This twelfth day of the ninth month of the twenty-first year of Showa (September 12, 1946)
Countersigned: Prime Minister and concurrently Minister for Foreign Affairs YOSHIDA Shigeru
Minister for Home Affairs OMURA Seiichi
Minister of Agriculture and Forestry WADA Hiroo
Minister of Communications HITOTSUMATSU Sadayoshi
Minister of Walfare KAWAI Yoshinari
Minister of Transportation HIRATSUKA Tsunejiro
Minister of Finance ISHIBASHI Tanzan
Article 1. The following laws and the Imperial Ordinances shall be abrogated.
Special Account Law for the government investments
Special Account Law for the Fund of Building and Repairs Supplies
Account Law for the Military works
Account Law for the Fund of Naval Arsenal
Account Law for Fund of the Korean Railway Supplies
Special Account Law for the Korean Post Office Life Insurance and Postal Pension
Special Account Law for the Management of Korean Food-stuffs
Special Account Law for the Government-General of Formosa
Special Account Law for the Management of Formosan Food-stuffs
Special Account Law for the Fund of Enterprise Supplies in Formosa
Specal Account Law for the Government of Saghalien
Special Account Law for the Kwntung Government-General
Special Account Law for the South Sea Islands Government
Law No.7 of the 12th Year of Taisho (1923)(Law for the Consolidation of Special Account Law of Tokyo Arsenal and of Osaka Arsenal)
Law No.15 of the 8th Year of Shows (1933)(Law for the extraordinary Supplement of Fund of Naval Arsenal)
Law No.4 of the 11th Year of Showa (1936)(Law for the Transfer and Use of Funds belonging to the Special Accounts as resources of expenditures of General Account of the 11th fiscal year of Showa (1936-37)
Law No.9 of the 12th Year of Showa (1937)(Law for the Transfer from Special Account as the resources of expenditures of General Account)
Law No.22 of the 13th Year of Showa (1938)(Law for the Transfer from Special Account as the resources of Extraordinary Military expenses)
Law No.23 of the 13th Year of Showa (1938)(Law for the Transfer of the amount equal to a part of tax revenues in external lands to Special Account of Extraordinary Military Expenses)
Law No.14 of the 15th Year of Showa (1940)(Law for the Allotment and Connection between the Special Account relating to the management of Seamen Insurance)
Law No.23 of the 17th Year of Showa (1942)(Law for the Extraordinary exceptions of Account Law for the Military Works and Account Law for the Fund of Naval Arsenal)
Imperial Ordinance No.406 of the 43rd Year of Meiji (1909)(Emergrency Imperial Ordinance for Special Account of the Korean Government-General)
Article 2. The following amendments shall be made to the Special Account Law for the Local Distribution Taxes and Distribution Funds:
The following two paragraphs shall be added to the supplementary provisions:
The revenues of land-tax house tax and business tax belonging to this Special Account shall belong, for the time being, to the General Account.
In case those revenues belong to the General Account in accordance with the preceding paragraph, necessary adjustment of the revenues and expenditures shall be provided between the General Account and this Special Account.
Article 3. The following amendments shall be made to the Special Account Law for Works:
No.1 to No.4 of Article 1 shall be amended as follows:
Paragraph 3 and 4 of Article 2 shall be deleted.
Article 4. The following amendements shall be made to the Special Account Law for Welfear Insurance:
Paragraph 2 of Article 1 shall be deleted.
In Article 5 "Sums received from Special Account of the Korean Government-General, Formosan Government-General and Kwangtung Office" and "Sums transferred to the Korean Government-General, Formosan Government-General and Kwangtung Office" shall be deleted.
In Article 11 "sums to be transferred to various Special Accounts for Korean Government-General, Formosan Government-General, Kwangtung Office" shall be deleted.
Article 5. The following amendments shall be made to the Special Account Law of the Control of Foodstuffs.
In Article 4-3 "3800 million yen" shall read "5200 million yen".
In Article 6 "sums to received from General Account" shall be deleted.
Article 6b shall be deleted and Article 6c shall be made Article 6b.
The following amendments shall be made to the supplementary preoisions:
The subsidy to ensure the production of rice shall belong to this Special Account.
The subsidy of the previous paragraph shall he granted in the form of uninscribed bonds which shall be redeemed within one year.
In order to grant subsidy in the preceding paragraph the Government is entitled to issue bonds.
The bond issued by virtue of the preceding paragraph shall be deemed as issued in accordance with Article 3.
The Government may transfer sum provided by the Budget from the General Account to this Account to cover the losses in the settlement of this Account.
The Government may transfer the liability of bond to the limit of 4500 million yen from the burden of this Account to that of the General Account.
The Government may issue Government bonds to convert the bonds the burden of which is to be transferred to the General Account.
Article 6. The following amendments shall be made to the Special Account Law for Communication Enterprise:
In Paragraph 2 of Article 1 "and sale of revenue stamp" shall read "sale of revenue stamp and examination of electric meters, etc. which are made in the Electric Laboratory" .
In Paragraph 1 of Article 2, Next to "and improvement" shall be added "and subscription of shares," "contribution for the construction of telegraph and telephone" of the same paragraph shall read "contribution for the construction of communication enterprise equipment" ; "Equipment for telegraph and telephone" of the same paragraph shall read "Equipment for the communication enterprise" ;and paragraph 2 of the same Article shall be deleted.
In Article 6, "Contribution for the Construction of telegraph and telephone" shall read "Contribution for the construction of communication enterprise" .
In Article 9,Next to "increase in the volume of service" shall be added "other unavoidable reasons" .
Article 14-2. Machines and tools for communication services may be manufactured and repaired by open contract so far as the management of communication enterprise is not disturbed.
The revenues and incomes in the case of the preceding paragraph shall belong to the Supply Account.
Article 7. The following amendments shall be made to the Special Account Law for the Postal Life Insurance and Postal Annuities:
In Article 3 "sums to be transferred to the Special Accounts for Communiation Enterprise, Formosan Government-General, Kwangtung Office and South sea Islands Office to appropriate for the charges to dispose of the services for the same enterprise and the construction of the same enterprise" shall read "and the charges to dispose of the services for the same enterprise and the construction costs of the same enterprise" .
In Article 4 "various Special Accounts for communication Enterprise, Formosan Government-General, Kwangtung Office and south sea Islands Office to appropriate for the charge to dispose of the services rendered by the same enterprise" shall read "Special Account for Communication Enterprises for the charges to dispose of the services rendered by the same enterprise" .
Article 6 shall be deleted.
Article 8. The following amendments shall be made to the Special Account Law for the Imperial Railway:
In paragraph 2 of Article 2 "within the amount appropriated for the supplement of the supply fund" shall read "to the limit of the sum necessary to dispense with the supplement of the supply fund and subscription of shares" .
Article 9. The following amendments shall be made to the Government property Law:
Article 29-2 shall be made as Article 29-3.
Article 29-2, the Government may, in spite of the provision of Paragraph 1 of Article 26, omit the preparation of the general statement on the increase and decrease of the Government property in the 19th Year of showa (1944) in accordance with the above provision, and, preparing the general statement through the 19th and 20th year of Showa (1944-1945), may report to the Imperial Diet after going through the investigation by the Audit of the Account Office.
Article 10. The following amendment shall be made to the Law No.19 of the 20th year of Showa (1945):
"sums to be transferred to the Special Account for the Extraordinary Military Expenses" (excepting those in accordance with the Law No.22 of the 13th year of Showa (1938) in paragraph 1 of Article 2 shall raed "sums to be transferred to the General Account" .
Supplementary Provisions:
Article 11. This Law shall come into force as from the day of its promulgation.
Provisions in Articles 1, 3, 4 and 7 shall be applied as from the 21 fiscal year of Showa (1946).
Article 12. Relative to the settlements of the revenues and expenditures for the 19th year of Showa (1944), and receipts and disbursements of the revenues and expenditures for the 20th year of Showa and their settlements, etc., concerning the various Special Accounts for Government Investment, Fund of Building and Repairs Supplies, Military Arsenals, Military Textile Mills, Fund of Naval Arsenals, Naval Powder Mills, Naval Fuel Mills, Korean Gevernment-General, Fund of Korean Railway Supplies, Korean Postal Life Insurance and Postal Annuities, Korean Food Control, Formosan Government-General, Formosan Food Control, Fund of Formosan Enterprise Supplies, Karafuto Office, Kwangtung Office, and South sea Island Office, the outgoing Laws shall be still valid after this Law comes into force.
Article 13. Surpluses and deficits in the settlement, capital, fund, claims and liabilities of the various Special Account for Government Investment, Fund for Building and Repairs Supplies, Army Arsenals, Army Textile Mills Fund for Naval Arsenals, Naval Powder Mills and Naval Fuel Mills, at the time of their abrogation shall belong to the General Account.
Article 14. Provisions necessary in connection with the abrogation of various Spcial Accounts for Korean Government-General, Fund for the Korean Railway Supplies, Korean Postal Life Insurance and Postal Annuities, Korean Food Control, Formosan Government-General, Formosan Food Control, Fund of the Formosan Enterprise Supplies, Karafuto Office, Kwangtung Office, and South Sea Islands Office, shall be stipulated by Imperial Ordinances.
Article 15. The forwarding to the Audit of Account Office and submitting to the Imperial Diet of the settlement of revenues and expenditures for the 19th and 20th of Showa (1944 and 1945) concerning the various Special Accounts provided in the previous Article may be postponed for the time being.