Article 1The unavoidable grounds to be specified by Cabinet Order as prescribed in Article 3, paragraph (2) of the Act on Limitation on Shareholding by Banks and Other Financial Institutions (hereinafter referred to as the "Act") are the grounds set forth as follows:

Article 2When applying the provisions of the Act to foreign bank branches (meaning the foreign bank branches prescribed in Article 3, paragraph (3) of the Act) under that paragraph, the technical replacement of terms is as set forth in the following table.

Article 3The technical replacement of terms with regard to mutatis mutandis application of the provisions of Article 3, paragraphs (1), (2), (4) and (5) of the Act under paragraph (6) of that Article is as set forth in the following table.

Article 4The purchase of shares specified by Cabinet Order as prescribed in Article 38, paragraph (2) of the Act is the purchase satisfying both of the following requirements:

Article 4-2The purchase of shares specified by Cabinet Order as prescribed in Article 38-2, paragraph (2) of the Act is the purchase satisfying both of the following requirements:

Article 5The shares specified by Cabinet Order as prescribed in Article 38, paragraph (3), item (i) of the Act (including the cases as applied mutatis mutandis pursuant to Article 38-4, paragraph (4) of the Act) and in Article 38-2, paragraph (3), item (i) (including the cases as applied mutatis mutandis pursuant to Article 38-3, paragraph (4) of the Act) are the shares registered in the registry of over-the-counter traded securities prescribed in Article 67-11, paragraph (1) of the Financial Instruments and Exchange Act (Act No. 25 of 1948).

Article 6The amount specified by Cabinet Order as prescribed in Article 50, paragraph (2) of the Act is to be 20 trillion yen.

Article 7(1)When the BSPC issues Banks' Shareholdings Purchase Corporation bonds (hereinafter referred to as the "BSPC bonds") prescribed in Article 50, paragraph (1) of the Act, it must issue certificates of the BSPC Bonds except for the cases where the provisions of the Act on Book Entry of Corporate Bonds and Shares (Act No. 75 of 2001; referred to as the "Company Bonds, etc. Transfer Act" in Article 10, paragraph (1), item (vi) and paragraph (2), item (iii)) apply to the BSPC bonds.

(2)The certificates of the BSPC bonds set forth in the preceding paragraph are to be issued in bearer form and with coupons.

Article 8The BSPC Bonds are issued by way of offering for subscription.

Article 9When the BSPC intends to solicit persons for subscription of the BSPC bonds, it must decide, on each occasion, the following matters concerning the BSPC bonds for subscription (meaning BSPC bonds to be allotted to persons that apply for the subscription of the BSPC bonds in response to the offering; the same applies hereinafter):

Article 10(1)The BSPC must notify persons that intend to apply for the subscription of the BSPC bonds for subscription in response to the offering set forth in the preceding Article, of the following matters:

(2)A person that applies for the subscription of the BSPC bonds for subscription in response to the offering set forth in the preceding Article must deliver a document stating the following to the BSPC:

(3)A person that files an application set forth in the preceding paragraph may, instead of delivering the document set forth in that paragraph, provide the BSPC with the matters to be stated in the document set forth in the relevant paragraph by electronic or magnetic means (meaning the means using an electronic data processing system or any other means using information and communications technology that are specified by Cabinet Office Order and Ministry of Finance Order) with the approval of the BSPC, pursuant to the provisions of Cabinet Office Order and Ministry of Finance Order.In this case, the person that files an application is deemed to have delivered the document set forth in the relevant paragraph.

(4)When there is any change to the matters set forth in the items of paragraph (1), the BSPC must immediately notify a person that has filed an application set forth in paragraph (2) (hereinafter referred to as an "applicant") of that fact and the matters that have been changed.

(5)It is sufficient for the BSPC to send a notice or demand letter to an applicant to the address set forth in paragraph (2), item (i) (or, if the applicant has notified the BSPC of a different place or contact address for the receipt of notices or demand letters, to that place or contact address).

(6)The notice or demand letter set forth in the preceding paragraph is deemed to arrive at the time when the notice or demand letter would normally arrive.

Article 11(1)The BSPC must select from among the applicants the persons to which the BSPC bonds for subscription will be allotted and determine the values of the BSPC bonds for subscription to be allotted to those persons and the number of bonds allotted thereto at each value.In this case, the BSPC may reduce the number of the BSPC bonds for subscription to be allotted to these applicants at each value from the number prescribed in paragraph (2), item (ii) of the preceding Article.

(2)The BSPC must notify an applicant, no later than the day immediately preceding the due date set forth in Article 9, item (viii), of the values of the BSPC bonds for subscription to be allotted to the applicant and the number of bonds allotted thereto at each value.

Article 12(1)When a local public entity subscribes for the BSPC bonds for subscription or a person entrusted with the offering for the BSPC bonds for subscription personally subscribes for the BSPC bonds for subscription, the provisions of the preceding two Articles do not apply to the portion of the bonds thus subscribed.

(2)In the case referred to in the preceding paragraph, the local public entity that subscribes for the book-entry BSPC bonds or the person entrusted with offering for subscription for the book-entry BSPC bonds must indicate the matters set forth in Article 10, paragraph (2), item (iii) to the BSPC at the time of the subscription.

Article 13The persons set forth in the following items are holders of rights in the BSPC bonds for subscription prescribed therein:

Article 14(1)When having issued the BSPC bonds for which it is prescribed that certificates thereof are to be issued, the BSPC must issue certificates of those BSPC bonds without delay after the day of the issuance thereof.

(2)Each of the certificates of the BSPC bonds must contain the matters set forth in Article 9, items (ii) to (v), and Article 10, paragraph (1), items (i), (iii) and (v) and a serial number, and the name and seal of the president of the BSPC must be affixed thereto.

Article 15(1)The BSPC must keep a registry of the Banks' Shareholdings Purchase Corporation bonds at its principal office.

(2)The following information must be stated or recorded in the registry of the Banks' Shareholdings Purchase Corporation bonds:

Article 16The transfer of a BSPC bond for which it is prescribed that a certificate thereof is to be issued does not become effective unless the certificate representing that BSPC bond is delivered.

Article 17(1)A person that has a certificate of a BSPC bond is presumed to be the lawful owner of the rights in the BSPC bond represented by the certificate.

(2)A person that has received the delivery of a certificate of a BSPC bond acquires the rights in the BSPC bond represented by the certificate; provided, however, that this does not apply if the person has acted in bad faith or with gross negligence.

Article 18The pledge of a BSPC bond for which it is prescribed that a certificate thereof is to be issued does not become effective unless the certificate representing the BSPC bond is delivered.

Article 19The pledgee of a BSPC bond for which it is prescribed that a certificate thereof is to be issued may not assert that pledge against any third party unless the pledgee is in continuous possession of the certificate representing the BSPC bond.

Article 20(1)Certificates of the BSPC bonds may be invalidated through the public notification proceedings prescribed in Article 100 of the Non-Contentious Case Procedures Act (Act No. 51 of 2011).

(2)A person that has lost a certificate of a BSPC bond may not request the reissuance thereof until after that person obtains the order of nullification of the right prescribed in Article 106, paragraph (1) of the Non-Contentious Case Procedures Act.

Article 21(1)If the BSPC redeems a BSPC bond, for which it has issued the certificates, before the BSPC bond matures but the coupon attached thereto is missing, the BSPC must deduct the amount of the claim for interest on the BSPC bond that is indicated on the coupon from the redemption value; provided, however, that this does not apply if the claim has fallen due.

(2)The person in possession of the coupon set forth in the preceding paragraph may demand at any time that the BSPC pay the amount that is required to be deducted pursuant to the provisions of that paragraph in exchange for the coupon.

Article 22(1)The right to claim redemption of a BSPC bond is extinguished by prescription if not exercised for ten years.

(2)The right to claim interest on a BSPC bond and the right to make a demand under the provisions of paragraph (2) of the preceding Article is extinguished by prescription if not exercised for five years.

Article 23(1)When the BSPC intends to obtain authorization to issue BSPC bonds pursuant to the provisions of Article 50, paragraph (1) of the Act, the BSPC must submit a written application stating the following matters to the Commissioner of the Financial Services Agency and the Minister of Finance no later than twenty days prior to the day of soliciting subscription for the BSPC bonds:

(2)The following documents must be attached to the written application set forth in the preceding paragraph:

Article 24Beyond what is provided for in Article 7 to the preceding Article, other necessary matters concerning the BSPC bonds are specified by Cabinet Office Order and Ministry of Finance Order.

Article 25(1)Regarding the initial contributions set forth in Article 41, paragraph (1) of the Act and the contributions upon sale set forth in paragraph (3) of the relevant Article that the members of the BSPC pay to the BSPC pursuant to the provisions of Article 41, paragraphs (1) and (3) of the Act, the provisions of laws and regulations pertaining to corporation tax, prefectural inhabitants tax for juridical persons, business tax for juridical persons, and municipal inhabitants tax for juridical persons are applied by considering those contributions as capital contributions paid in to the BSPC by its members.

(2)With regard to the application of the provisions of Article 21, paragraph (1) of the Order for Enforcement of the Local Tax Act (Cabinet Order No. 245 of 1950), the term "a business year starting within nine years" in that paragraph is deemed to be replaced by "a business year starting", and the term "the provisions of the main clause of Article 57, paragraph (1) of the relevant Act (" is deemed to be replaced with "the provisions of the main clause of Article 57, paragraph (1) of the Corporation Tax Act as applied following the deemed replacement of terms pursuant to the provisions of Article 58, paragraph (1) of the Act on Limitation on Shareholding by Banks and Other Financial Institutions (Act No. 131 of 2001) (".

Article 26The authority specified by Cabinet Order as prescribed in Article 61 of the Act is the authority to grant authorization for establishment under Article 16, paragraph (2) of the Act and the authority to rescind the authorization for establishment set forth in Article 16, paragraph (2) of the Act under Article 56 of the Act.