Article 9-(2).　The Government may, every half term of the fiscal year, conclude a contract with a designated juridical person, which provides that insurance relations is established between the Government and such a designated juridical person, upon notification from such designated juridical person to the Government that it has made a guarantee on obligation of loans obtained by a smaller enterpreneur from the financial institution, until its amount reaches to a fixed amount.

2　In the insurance relations under the preceding paragraph, the amount of loan guaranteed shall be the insurance value, the repayment of the whole or a part of the loans made in place of the smaller entrepreneur shall constitute an insurance accident and 50 per cent of the insurance value shall be the amount insured.

3　The Government many not conclude the contract under paragraph 1 unless it is within the limit that the sum total of loans by all the designated juridical persons, on which the guarantee is made for constituting the insurance relations provided in paragraph 1 does not exceed the amount decided upon the Diet for each fiscal year.

Article 9-(3).　The loans which are guaranteed constituting the insurance relations under paragraph 1 of the preceding Article shall be limited to those which are necessary for the promotion of business of the smaller enterpreneurs.

2　The amount of loan under the preceding paragraph shall not exceed 5 million yen it total for each smaller entrepreneur (20 million yen in case of a smaller enterprises, etc. cooperative).

Article 9-(4).　The amount of insurance money to be paid by the Government in accordance with the insurance relations under Article 9-(2) paragraph 2 shall be 50 per cent of the balance obtained after deducting from the amount of loans repaid by the designated juridical person in place of the smaller entrepreneur, the amount obtained (in case repayment was made, besides the amount loaned, on interest or expense as well by the designated juridical person, the amount obtained by multiplying the amount obtained by the exercise of right to indemnity by the ratio of the amount of loan repaid on the total amount repaid) by the exercise of the right to indemnity by the designated juridical person on the smaller entrepreneurs by the time of making the application for that payment (excluding the legal interest after the repayment and unavoidable expenses and other reparations;hereinafter the same).

Article 9-(5).　The provision of Article 5 shall apply mutatis mutandis to an insurance making the designated juridical person the other party.

2　The provisions of Article 7 and Article 9 small apply mutatis mutandis to the designated juridical person.

3　The provision of Article 8 shall apply mutatis mutandis to a case where the designated juridical person has made repayment in place of the smaller entrepreneur if the Government has paid the full amount of insurance money. In this case, "75 per cent" shall read "50 per cent" .