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中小企業金融円滑化法 SME Financing Facilitation Act

This law has been enforced since December 2009 following a proposal by Shizuka Kamei, then Financial Services Minister. It is an almost meaningless life-extension act for SMEs and now facing the end. It is one of the tax money wasting laws, but no one takes the responsibility. It must have been useful for vote-getting for the politicians.