Article 1. The objective of this Law is, for the duration of time until a new Law, in lieu of the existing Fisheries Law (Law No.58, of 1910), shall be enacted and put into force for the purpose of attaining promotion of fisheries productivity and democratization of fishery, to prevent any unjustifiable changes in the status quo of fishery rights and other right and thus smooth away the enforcement of the new fisheries system.

Article 2. The Minister of Agriculture and Forestry or the prefectural governor shall not grant any fishery right, except for the cases where any application for fishery rights has been filed because the term of existence of the former fishery right was not renewed at the time of expiration of its term owing to some defects in the procedures of application or other special reason and is regarded as an application in substance merely for renewal of the term of existance of the former fishery right. 2 The Minister of Agriculture and Forestry or the prefectural governor shall not give approval to any alteration of fishery rights.

Article 3. Any fishery right shall not be deemed to expire although its term of existence expires after the enforcement of this Law.

Article 4. No fishery right shall, except for the cases where approval of the prefectural governor (in case of exclusive fishery right on local waters, approval of the competent Minister) has been obtained, be the object of any transfer by contract or mortgage (excluding the mortgages actually existing).

Article 5. With regard to any lease contract relative to fishery as actually existing at the time of enforcement of this Law, except for the case where its leasee has effected any rental default or other non-bona fide acts, or where it has been leased merely for a transient period, or where the contents thereof have ceased to be proper because of changed situations, or where other justifiable reasons exist therefor, the person concerned shall not cancel or terminate the lease contract (including the termination by mutual consent), nor refuse any request for renewal. 2 In case the person concerned desires to cancel or terminate the lease contract (including the termination by mutual consent) mentioned in the preceding paragraph, or intends to refuse any request for renewal, the approval of the prefectural governor shall be obtained therefor. 3 The provisions of the preceding two paragraphs shall apply with the necessary modifications to the cases of annulment or refusal of renewal of common-of-piscary rights actually existing at the time of enforcement of this Law.

Article 6. Any person who comes under any of the following provisions shall be subject to imprisonment with hard labor for a period not exceeding six months or a fine not exceeding ten thousand yen (\10,000): 1. Any person who has made a fishery right the object of any transfer by contract or mortgage in violation of the provision of Article 4; 2. Any person who has acted in violation of the provision of Paragraph 2 of the preceding Article (including the case where Paragraph 2 of the preceding Article shall apply mutatis mutandis in Paragraph 3 of the same Article).

Article 7. According to circumstances, both of imprisonment with hand labor and fine may be imposed at the same time upon any person who has committed crimes specified in the preceding Article.

Article 8. In case any representative of a juridical person, or any agent, employee or other worker of a juridical person or an individual has acted in violation of the provisions as mentioned in Article 6 in regard to the business or property of that juridical person or individual, not only shall the offender be punished but also that juridical person or individual shall be subject to the fine as mentioned in Article 6.