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ENFORCEMENT RULES OF THE MUTUAL SAVINGS BANKS ACT

ENFORCEMENT RULES OF THE MUTUAL SAVINGS BANKS ACT

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ENFORCEMENT RULES OF THE MUTUAL SAVINGS BANKS ACT

Wholly amended by Ordinance of Ministry of Finance and Economy No. 25, Jun. 1, 1998 Amended by Ordinance of Ministry of Finance and Economy No. 47, Nov. 4, 1998 Ordinance of Ministry of Finance and Economy No. 80, May 13, 1999 Ordinance of Ministry of Finance and Economy No. 153, Jul. 11, 2000 Ordinance of Prime Minister No. 875, Mar. 3, 2008 Article 1 (Purpose)

The purpose of these Rules are to prescribe matters delegated by the Mutual Savings Banks Act and the Enforcement Decree of the same Act and matters necessary for the enforcement thereof.

Article 2 (Standards for Authorization for Establishment of Branch Offices) The term "manpower and facilities prescribed by Ordinance of the Prime Minister" in Article 5 (1) 1 of the Enforcement Decree of the Mutual Savings Banks Act (hereinafter referred to as the "Decree") shall mean manpower and facilities falling under any of the following subparagraphs:

1. Manpower: Manpower shall not exceed 10 persons; and

2. Facilities: Floor space of offices and other incidental facilities necessary for performance of duties shall not exceed 400.

Article 3 (Matters to be Entered into Articles of Incorporation) Articles of incorporation under Article 6 (2) 1 of the Decree shall state matters falling under any of the following subparagraphs:

1. Trade name;

2. Aims and operations;

3. Seat of the head office;

4. Capital stock;

5. Business boundaries;

6. Methods of making public notification; and

7. Other necessary matters. Article 4 (Contents of Business Performance Manual) ENFORCEMENT RULES OF THE MUTUAL SAVINGS BANKS ACT 2

Contents of business performance manual under Article 6 (2) 2 of the Decree shall include matters falling under any of the following subparagraphs:

1. Types of each item of business;

2. Agreements relating to business (excluding incidental agreements);

3. Methods for receiving fraternity dues, installments, deposits and install ment deposits and methods for collecting loaned money;

4. Methods for payment of benefits, loaned money, amounts of discount on bills, and refunds;

5. Rate calculation sheets; and

6. Other important matters relating to business. Article 5 (Terms to be Stated in Agreements)

Agreements relating to business under subparagraph 2 of Article 4 shall state terms falling under any of the following subparagraphs;

1. Grounds giving rise to payment of benefits and refunds;

2. Matters relating to collection of amounts of damage caused by delayed payment of fraternity dues, installments and installment deposits;

3. Matters relating to collection of amounts of damages caused by delayed redemption of loaned money;

4. Matters relating to terms and effect of cancellation of a contract; and

5. Matters relating to transfer of rights and obligations relating to a contrac t.

Article 6 (Matters to be Entered into Rate Calculation Sheet) Rate calculation sheets under subparagraph 5 of Article 4 shall state matters falling under any of the following subparagraphs:

1. Methods for calculation of interest rates, discount rates and service charges (hereafter in this Article referred to as "rates, etc.");

2. Matters relating to refund of interest, discount amounts or service charges;

3. Matters relating to calculation of rates, etc. in cases of amending a contract; and

4. Other matters necessary for calculation of rates, etc. Article 7 (Matters to be Entered into Project Plans) Any estimated balance sheet and any estimated income and expenditure statement of project plans under Article 6 (2) 3 of the Decree shall state relevant grounds for calculation thereof.

Article 8 (Procedure for Collecting Fines for Negligence) ENFORCEMENT RULES OF THE MUTUAL SAVINGS BANKS ACT 3

The Rules of Business Handling by Revenue Collectors shall apply mutatis mutandis to the procedure for collecting fines for negligence under Article 31 (4) of the Decree. In such cases, a payment notice shall simultaneously state methods for raising objections, period for formal objections, etc.

ADDENDUM

These Rules shall enter into force on the date of its promulgation. ADDENDA Article 1 (Enforcement Date)

These Rules shall enter into force on the date of their promulgation. Articles 2 and 5 Omitted.


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