Foreign Exchange Control Order. Copyright Roderick Seeman

Article 2 (Definitions)

The instruments of payment which are to be determined by Cabinet Order as provided for in Article 6, Paragraph 1, Item 7 of the Law shall be the instruments of payment listed below. Provided, however, that for the matters noted in Item 3 and Item 6, instruments of payment classifiable as securities or certicates under the provisions of the next paragraph are excluded:

(1) Bank certificates, government paper currency, paper currency of small denominations and coins,

(2) Cheques (including traveler’s cheques);

(3) Bills of exchange and promissory notes;

(4) Postal money orders;

(5) Letters of credit;

(6) Instruments of payment similar to the matters listed in any of the preceding items.

The securities or certificates to be provided for in Cabinet Order as provided for in Article 6, Paragraph 1, Item 12 of the Law shall be deposit certificates of negotiable deposits, and other securities or certificates, as determined by Ministry of Finance Ordinance.

Securities options transactions which are to be determined by Cabinet Order as per the provisions of Article 6, Paragraph 1, Item 14 of the Law, shall be the securities options transactions provided for in Article 2, Paragraph 15 of the Securities Exchange Law (Law No. 25 of 1948) that are related to those transactions listed in Item 2 of the same Paragraph (excluding the securities index, etc. futures transactions in Paragraph 14 of the same Article) and the financial futures which are to be determined by Cabinet Order as per the provisions of Article 6, Paragraph 1, Item 14 of the Law, shall be the financial option transactions provided for in Article 2, Paragraph 4, Item 3 of the Financial Futures Transaction Law (Law No. 77 of 1988) that is related to the transactions listed in subitem b of the same item.