I hereby promulgate the Law for Exception to the Issue-limit of the Industrial Debentures.
Signed:HIROHITO, Seal of the Emperor
This nineteenth day of the fifth month of the twenty-fourth year of Showa (May 19, 1949)
Prime Minister YOSHIDA Shigeru
Law for Exception to the Issue-limit of the Industrial Debentures
The Industrial Bank of Japan may, until the end March, 1950, issue debentures within the amount corresponding to 20 times of paid-up capital notwithstanding the provisions of Article 12 of the Industrial Bank of Japan Law (Law No.70 of 1900).
Supplementary Provisions:
This Law shall come into force as from the day of its promulgation.