<?xml version="1.0" encoding="UTF-8"?>
<Law Era="Showa" Lang="en" LawType="Act" Num="229" PromulgateDay="11" PromulgateMonth="6" Year="26">
  <PromulgateBody>
    <PromulgateStatement>I hereby promulgate the Law concerning Sales of Important Goods.</PromulgateStatement>
    <ImperialSignature>Signed:HIROHITO, Seal of the Emperor</ImperialSignature>
    <PromulgateDate>This eleventh day of the sixth month of the twenty-sixth year of Showa (June 11, 1951)</PromulgateDate>
    <Signature>
      <MinisterialTitle>Prime Minister</MinisterialTitle>
      <Name>YOSHIDA Shigeru</Name>
    </Signature>
  </PromulgateBody>
  <LawNum>Law No.229</LawNum>
  <LawBody>
    <LawTitle>Law concerning Sales of Important Goods</LawTitle>
    <MainProvision>
      <Paragraph Num="1">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence Function="main" Num="1">Such goods acquired by the Government through operating the Important Goods Import Fund in accordance with the provision of Article 4 paragraph 1 of the Important Goods Import Fund Special Account Law (Law No.58 of 1951) as may be designated by Cabinet Order may be sold at a price lower than the prevailing market prices;provided that the amount of said price shall not be less than the total of the purchase price, import charges, storage charges for such goods, business expenses and other charges.</Sentence>
        </ParagraphSentence>
      </Paragraph>
    </MainProvision>
    <SupplProvision>
      <SupplProvisionLabel>Supplementary Provision:</SupplProvisionLabel>
      <Paragraph Num="1">
        <ParagraphNum/>
        <ParagraphSentence>
          <Sentence>This Law shall come into force as from the day of its promulgation.</Sentence>
        </ParagraphSentence>
      </Paragraph>
    </SupplProvision>
  </LawBody>
  <Signatures>
    <Signature>
      <MinisterialTitle>Minister of Finance</MinisterialTitle>
      <Name>IKEDA Hayato</Name>
    </Signature>
    <Signature>
      <MinisterialTitle>Minister of International Trade and Industry</MinisterialTitle>
      <Name>YOKOO Shigemi</Name>
    </Signature>
    <Signature>
      <MinisterialTitle>Prime Minister</MinisterialTitle>
      <Name>YOSHIDA Shigeru</Name>
    </Signature>
  </Signatures>
</Law>