Subcontract Act
The Subcontract Act (officially Act against Delay in Payment of Subcontract Proceeds, etc. to Subcontractors, Japanese: 下請代金支払遅延等防止法) is a Japanese statute enacted in 1956 (Act No. 120, June 1, 1956). The act complements the country's Antimonopoly Act and is enforced by the Japan Fair Trade Commission. It can be regarded as a more detailed elaboration of the Antimonopoly Act's prohibition on abuse of a superior bargaining position.