Article 1.　In case where special accounting jointstock companies under the Enterprise Reconstruction and Reorganization Law have been designated pursuant to the provisions of Article 3 of the Elimination of Excessive Concentration of Economic Power Law, application for approval to be made under the provisions of Paragraph 1 of Article 5, Paragraph 1 of Article 20 (including Paragraph 2 of Article 21 of said Law wherein said provisions are applied mutatis mutandis) or Paragraph 1 of Article 21 of the Enterprise Reconstruction and Reorganization Law, with respect to the reorganization plan or approved reorganization plan of such special accounting joint-stock companies (hereinafter referred to as designated special accounting joint-stock companies), or approvals thereon shall be made in compliance with the substance of the final order as prescribed by the provisions of Paragraph 2 of Article 11 of the Elimination of Excessive Concentration of Economic Powers Law (hereinafter referred to as "the final order" ).

Article 2.　With the exception of companies applied to the provisions of Paragraph 1 of the foregoing Article (including Paragraph 4 and Paragraph 5 of said Article wherein said provisions are applied mutatis mutandis) and financial institutions under the Financial Institutions Reconstruction and Reorganization Law, should companies which have been designated pursuant to the provisions of Article 3 of the Elimination of Excessive Concentration of Economic Powers Law (hereinafter referred to as "designated companies" ) stipulate, on the plan of reorganization of enterprise to be submitted in accordance with the provisions of Item 7 of Paragraph 1 of Article 7 of said Law, such matters as provided for by Item 1 to Item 4 inclusive of Paragraph 1 of Article 6 of the Enterprise Reconstruction and Reorganization Law, Item 7, Item 14, Item 18, and Item 19, (excluding matters relating to names officers and the period of service of officers referred to in Item 3 and Item 7 of said paragraph and in said items, matters relating to transfer of assets as prescribed by Paragraph 1 of Article 34 of said Law) thereof, and should approval be given by the final order of the Holding Company Liquidation Commission or should the Holding Company Liquidation Commission prepare by the final order a plan of reorganization of enterprise providing such matters with respect to designated companies in accordance with the provisions of Item 7 of Paragraph 2 of Article 7 of the Elimination of Excessive Concentration of Economic Powers Law, the provisions of Article 10, Article 13, Article 23, Paragraphs 1, 3 and 4 of Article 28, Article 29, Paragraph 2 of Article 29-(2), Article 29-5, Article 29-(7), Article 31 to Article 33 inclusive, Article 34-2, Article 34-(3), Paragraphs 1, 3 and 4 of Article 34-(4), and Article 34-(6) of the Enterprise Reconstruction and Reorganization Law shall apply mutatis mutandis to such designated companies. In this case, in these provisions, "the competent Minister" shall read' "the Holding Company Liquidation Commission," "reorganization plan" shall read "a plan of reorganization of enterprise," "approved reorganization plan" shall read "a plan of reorganization of enterprise approved or prepared by the final order," "approval as prescribed by Paragraph 1 to Paragraph 3 inclusive of Article 15" shall read "the final order to approve or to prepare a plan of reorganization of enterprise," and "day of merger of the old account and the new account as prescribed by proviso of Item 1 of Paragraph 1 of Article 36" shall read "day of registration on establishment of second companies (should there be created two or more second companies, such day as stipulated on the plan of reorganization of enterprise which has been approved or prepared by the final order, and if such stipulation is not made, the day of registration on the latest creation thereof, and in Paragraph 1 of Article 10 of said Law belonging to the new account" shall read "belonging to designated companies," "liabilities arising on the new account of special accounting joint-stock companies after the designated hour" shall read "liabilities of designated companies."

Article 3.　If assets of designated special accounting joint-stock companies that are objects of preferential right, right of pledge or right of mortgage are invested or transferred to second companies pursuant to the provisions of Paragraph 1 or 2 of Article 10 of the Enterprise Reconstruction and Reorganization Law, should there be two or more second companies, preferential right, right of pledge or right or mortgage created upon assets that have been invested or transferred to one of such second companies may, if stipulated on the approved reorganization plan, be cancelled with respect to such assets, so far as the relation thereof with liabilities that have been succeeded to by another or other second companies pursuant to the provisions of Paragraph 1 of the same Article is concerned.

Article 4.　Designated special accounting joint-stock companies as designated by the Holding Company Liquidation Commission shall not pay monetary obligations to creditors of such claims for the period of time after the day of such designation and before the day of the final order to approve or to prepare a plan of reorganization of enterprise;provided, however, such designated special accounting joint-stock companies shall not be exempted from liability to compensation for damages arising from arrear, if such designation is made by application from designated special accounting joint-stock companies pursuant to the provisions of the former part of Paragraph 3.

Article 5.　Creditors who have claims of loan against designated special accounting joint-stock companies, which have arisen for business after the day of designation as prescribed by the provisions of Article 3 of the Elimination of Excessive Concentration of Economic Power Law and before the day of the final order to approve or prepare a plan of reorganization of enterprise shall have the right to receive the payment of such claims in preference to other creditors with respect to the total assets, of designated special accounting joint-stock companies concerned of second companies which succeeded to the liabilities of such claims pursuant to the provisions of Paragraph 1 of Article 10 of the Enterprise Reconstruction and Reorganization Law.

Article 6.　The provisions of the foregoing three Articles shall apply mutatis mutandis to companies applied to the provisions of Paragraph 4 of Article 1 and Paragraph 1 of Article 5 wherein said provisions are applied mutatis mutandis and designated companies.

Article 7.　In case where designated special accounting joint-stock companies or companies applied to the provisions of Paragraphs 4 and 5 of Article 1 wherein Paragraph 1 of the same Article is applied mutatis mutandis and/or designated companies effect registrations upon such matters as stipulated on the approved reorganization plan or upon such matters as stipulated on the plan of reorganization of enterprise which has been approved or prepared by the final order, and where decuments as prescribed by Paragraph 2 of Article 18 of the Law relating to the procedures for Noncontentions Case (including Article 186 and Paragraph 2 of Article 197 of the same Law wherein said provisions are applied mutatis mutandis), Paragraph 2 of Article 188 (including Article 101-13 of the same Law wherein said provisions are applied mutatis mutandis), Paragraph 1 of Article 190 (including Paragraph 1 of Article 198 and Article 201-(6) of the same Law wherein said provisions are applied mutatis mutandis) and Paragraph 2 of Article 197 thereof are to be attached to the application for registration concerned, the approved reorganization plan or the final order or certified copies or extracts thereof shall be attached thereto.

Article 8.　Should receivers as provided for by Item 8 of Paragraph 2 of Article 7 of the Elimination of Excessive Concentration of Economic Power Law be appointed to companies as prescribed by Paragraph 1 of the foregoing Article, registration on such fact shall be made without delay. The same shall apply to such cases where the function of such appointed receivers has been extinct.

Article 9.　In the case of the following items, the Special Supervisors of special accounting companies or directors of companies or other persons similar thereto who committed such offences shall be subject to a fine of not more than five thousand yen (\5,000.00);provided, however, the above shall not apply to such cases where penalty is to be imposed upon such offences: