(2) When a specified business operator conducts customer identification of a customer, etc. in cases where the natural person who is actually in charge of conducting the specified transaction with the said specified business operator is not the customer, etc. concerned (excluding the case prescribed in the following paragraph), such as a case where the representative person of a company carries out a specified transaction with the said specified business operator on behalf of the company, the specified business operator shall, in addition to conducting the customer identification of the customer, etc. concerned, conduct the customer identification of the natural person who is actually in charge of conducting the said specified transaction (hereinafter referred to as the "representative person, etc.").

(3) When a customer, etc. is the State, a local public entity, an association or foundation without legal personality or any other person specified by a Cabinet Order, the provisions of paragraph 1 shall be applied by deeming the natural person who is actually in charge of conducting the specified transaction with the said specified business operator on behalf of the said customer, etc. to be the customer, etc.

(4) When responding to customer identification conducted by the specified business operator, the customer, etc. (including the natural person who shall be deemed to be the customer, etc. pursuant to the preceding paragraph; the same shall apply hereinafter) and the representative person, etc. shall not give false information to the said specified business operator as customer identification data of the customer, etc. or of the representative person, etc.

## Article 5 (Immunity of Specified Business Operators from Obligations)

A specified business operator may, when a customer, etc. or representative person, etc. does not comply with the request for customer identification upon conducting a specified transaction, refuse to perform its obligations pertaining to the said specified transaction until the customer, etc. or representative person, etc. complies with the request.

Article 6 (Obligation to Prepare Customer Identification Records, etc.)

(1) A specified business operator shall, having conducted customer identification, prepare immediately, by a method specified by an ordinance of the competent ministries, records on customer identification data, on measures which have been undertaken for conducting customer identification, and on other matters specified by an ordinance of the competent ministries (hereinafter referred to as "customer identification records").

(2) A specified business operator shall preserve customer identification records for seven years from the day on which the contract pertaining to a specified transaction terminated or from a date otherwise specified by an ordinance of the competent ministries.

Article 7 (Obligation to Prepare Transaction Records, etc.)

(1) A specified business operator (excluding those prescribed in the following paragraph) shall, when having conducted a transaction pertaining to specified business affairs, except for small transactions and other transactions specified by a Cabinet Order, immediately prepare, by a method specified by an ordinance of the competent ministries, records on the matters necessary for searching customer identification records of the customer, etc., the date and content of the transaction concerned, and other matters specified by an ordinance of the competent ministries.

(2) A specified business operator listed in Article 2, paragraph 2, items (xl) to (xliii) shall, when having carried out agent work, etc. for specified mandated acts, except for agent work for the disposition of a small amount of property or other agent work, etc. for specified mandated acts specified by a Cabinet Order, immediately prepare, by a method specified by an ordinance of the competent ministries, records on the matters necessary for searching customer identification records of the customer, etc., the date and content of the transaction concerned, and other matters specified by an ordinance of the competent ministries.

(3) A specified business operator shall preserve the records prescribed in the preceding two paragraphs (hereinafter referred to as the "transaction records, etc.") for seven years from the day on which the transaction concerned or agent work, etc. for specified mandated acts was carried out.

Article 8 (Measures Undertaken by a Lawyer, etc. which are Equivalent to Customer Identification, etc.)

(1) Measures undertaken by a lawyer, etc. which are equivalent to the customer identification of a customer, etc. or representative person, etc., preparation and preservation of customer identification records, and preparation and preservation of transaction