Measures for Promoting Improvement of Social Infrastructure Using Proceeds from
Sales of the Stock of Nippon Telegraph and Telephone Corporation (Law No. 86 of
1987).
12. The repayment period of the loans provided by the State under the preceding
paragraph shall be prescribed by the Cabinet Order not exceeding five years
(including a grace period not exceeding two years).
13. In addition to the preceding paragraph, matters necessary for redemption such as
method and acceleration of the due date under paragraph 11 of the Supplementary
Provisions shall be prescribed by the Cabinet Order.
14. When the loan is extended to a prefecture under paragraph 11 of the Supplementary
Provisions, the State shall subsidize the Park Work concerning the loan extended in
the amount equivalent to the amount of said loan in accordance with Article 44. This
subsidy shall be implemented by delivering the amount equivalent to the total
redemption of the loan concerned at the time of redemption thereof.
15. When redemption of the interest-free loan extended to a prefecture under paragraph
11 of the Supplementary Provisions is accelerated to a date prior to the due date
prescribed in paragraphs 12 and 13 of the Supplementary Provisions (except when
such redemption is prescribed by the Cabinet Order), with respect to application of
the provision of the preceding paragraph, the redemption concerned shall be deemed
to have been made at the due date for the redemption.
Extract of the Supplementary Provisions(Law No. 29 dated April 24, 2002)
(Date of Enforcement)
Article 1
This Law shall come into force on the date prescribed by the Cabinet Order not
exceeding one year from the date of promulgation.
(Examination)
Article 2
The Government, when five years have passed since the enforcement of this Law, shall
consider the state of enforcement of the National Parks Law, which is revised by this