Law Amending the Act on Facilitation of Business Succession in SMEs and Related Laws

AI summary

Generated by AI from the Japanese source metadata. It is an unofficial monitoring aid, not legal advice, and may contain errors. The area, stage, and impact labels are preliminary keyword-based triage labels. Confirm every point in the original Japanese source.

Summary

This item records an amending law (Reiwa 2 Law No. 58) that revises the Act on Facilitation of Business Succession in SMEs and related laws, with the SME Management Enhancement Act (Heisei 11 Law No. 18) listed as an affected law. According to the metadata, the amending law carries a promulgation date of 2020-06-19 and an enforcement date of 2020-10-01. This is drawn from an e-Gov Law Search law-update listing and should be verified against the official Japanese source.

Business Impact

Businesses relying on Japanese SME support and business-succession frameworks may need to check whether the amended provisions affect their eligibility or procedures. Any impact depends on the specific revised provisions, which are not detailed in the metadata.

Recommended Action

Review the official Japanese text on e-Gov Law Search to confirm the scope, affected provisions, and applicable dates of the amendment.

Timeline of related official records

Related official records are linked only when names and instrument numbers match exactly, so this timeline may be incomplete. Dates are as stated by the official sources. It is a monitoring aid, not legal advice; the original Japanese sources are authoritative.

1. 2020-06-19 — Promulgated (statute recorded by e-Gov Law Search) 中小企業の事業承継の促進のための中小企業における経営の承継の円滑化に関する法律等の一部を改正する法律（令和二年法律第五十八号） (this update) Original Japanese source
2. 2020-10-01 — Effective date stated by e-Gov Law Search 中小企業等経営強化法 (this update) Original Japanese source