Foreign Exchange Control Order. Copyright Roderick Seeman

Article 8 (Export and Import of Means of Payment, etc.)

1. When the Minister of Finance imposes an obligation to obtain a license concerning the export or import of means of payment, securities or precious metals (hereinafter in this article and Article 24 referred to as "means of payment, etc.") by an exchange resident or non-resident, based on the provisions of Article 18, Paragraph 1 or Paragraph 2 of the Law, he shall do so, designating in advance by notification such export or import of means of payment, etc., for which license must be obtained.

2. When an exchange resident or non-resident is going to export or import means of payment, etc., which have been designated under the provisions of the preceding paragraph, he must obtain the license of the Minister of Finance based on the procedures as provided for by Ministry of Finance Ordinance

3. When the Minister of Finance, based on the provisions of Paragraph 1,for those situations where an obligation has been imposed to obtain a license concerning the export or import means of payment, etc., deems that the imposition of the said obligation is no longer necessary, he must immediately remove the said obligation by notification.

4. The provisions of the previous 3 paragraphs shall not apply in those situations where an exchange resident or non-resident exports or imports means of payment, etc., in accordance with the license received under Article 6, Paragraph 2, Article 11, Paragraph 3 or Article 15, Paragraph 2, in those situations where the export or import of means of payment, etc., is made in accordance with the license received based on the provisions of the Law listed in Item 1, or in those situations where the export or import of means of payment is authorized under, or is made in accordance with, the licenses received based on, the provisions of the Orders listed Item 1 or Item 3.

(1) Article 17, Article 21, Paragraph 1, Article 25, Paragraph 1 or Paragraph 3, or Article 48, Paragraph 1 of the Law.

(2) Article 2, Paragraph 1, Article 4 or Article 12, Paragraph 1 of the Export Trade Control Order.

(3) Article 4, Paragraph 1 or Paragraph 2, Article 14 or Article 20, Paragraph 1 of the Import Trade Control Order.