<?xml version="1.0" encoding="UTF-8"?>
<Law Era="Showa" Lang="en" LawType="Act" Num="47" PromulgateDay="25" PromulgateMonth="10" Year="21">
  <PromulgateBody>
    <PromulgateStatement>I hereby give My Sanction to the Law for the issuance of the public loan for the payments on subscriptions to the capital of the Reconstruction Financing Bank and the Industrial Reconstruction Corporation, for which the concurrence of the Imperial Diet has been obtained, and cause the same to be promulgated.</PromulgateStatement>
    <ImperialSignature>Signed:HIROHITO, Seal of the Emperor</ImperialSignature>
    <ApprovalDate>This twenty-fourth day of the tenth month of the twenty-first year of Showa (October 24, 1946)</ApprovalDate>
    <Signature>
      <MinisterialTitle>Countersigned: Prime Minister</MinisterialTitle>
      <Name>YOSHIDA Shigeru</Name>
    </Signature>
    <Signature>
      <MinisterialTitle>Minister of Finance</MinisterialTitle>
      <Name>ISHIBASHI Tanzan</Name>
    </Signature>
  </PromulgateBody>
  <LawNum>Law No.47</LawNum>
  <LawBody>
    <LawTitle/>
    <MainProvision>
      <Paragraph Num="1">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence>The Government is hereby authorized to issue bonds or make borrowings within the amount of 4,286,000,000 yen to make payments on subscriptions to the capital of the Reconstruction Financing Bank and the Industrial Reconstruction Corporation.</Sentence>
        </ParagraphSentence>
      </Paragraph>
      <Paragraph Num="2">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence>The interest rate of the bonds issued pursuant to the preceding paragraph shall be 3.5 per annum, the issue price thereof shall be 98 yen per 100 yen of face value and the maturity shall be within 18 years.</Sentence>
        </ParagraphSentence>
      </Paragraph>
    </MainProvision>
    <SupplProvision>
      <SupplProvisionLabel>Supplementary Provision:</SupplProvisionLabel>
      <Paragraph Num="1">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence>The present Law shall come into force as from the day of its promulgation.</Sentence>
        </ParagraphSentence>
      </Paragraph>
    </SupplProvision>
  </LawBody>
</Law>