I hereby promulgate the Law concerning the partial amendment of the Post Office Life Insurance Law, etc.
Signed:HIROHITO, Seal of the Emperor
This thirteenth day of the twelfth month of the twenty-second year of Showa (December 13, 1947)
Prime Minister KATAYAMA Tetsu
Article 1. The following partial amendment shall be made to the Post Office Life Insurance Law:
Article 4. The amount of Post Office Life Insurance shall be not more than 25,000 yen for one insured person, but not less than 1,000 yen per policy.
Article 2. The following partial amendment shall be made to the Post Office Annuities Law:
Article 3. The amount of annuity shall be not more than 24,000 yen per annum for one annuitant, but not less than 240 yen per policy.
Supplementary Provisions:
The present Law shall come into force as from January 1, 1948.
With respect to the insurance policies effected prior to the enforcement of the present Law, the previous provisions shall be effective irrespective of the amended provisions of Article 4 of the Post Office Life Insurance Law.
With respect to the annuity policies effected prior to the enforcement of the present Law, the previous provisions shall be effective irrespective of the amended provisions of Article 3 of the Post Office Annuities Law.