of the Act, as applied mutatis mutandis pursuant to Article 22-2, paragraph  (2) of the Act, and have handed over the record of identity confirmation  prepared in regard to the identity confirmation to the financial institutions,  etc., and the financial institutions, etc. preserve the record of identity  confirmation.  (Notification of Outward Direct Investment)  (Small Money Exchange Exempted from the Obligation to Identify Customers)  (3) Where financial institutions, etc. commit the acts listed in paragraph (1),  item (ii) or (iii), when the beneficiary of a trust contract has yet to be specified  or does not exist, when the beneficiary of a trust contract has yet to manifest  the intention to receive benefits, or when conditions precedent or time limit are  set on the beneficiary's beneficial interest in a trust contract, the provisions of  the same items apply, deeming that the beneficiary of the trust contract listed  in the same items has been specified at the time when the financial  institutions, etc. came to know the specification or existence of the beneficiary,  manifestation of intention to receive benefits or fulfillment of the conditions  precedent or arrival of the time limit.  Article 11-6 The small money exchange specified by Cabinet Order as prescribed  in Article 22-3 of the Act is money exchange not more than the amount  equivalent to two million yen.  Article 12 (1) The outward direct investment specified by Cabinet Order as  prescribed in Article 23, paragraph (1) of the Act is outward direct investment  prescribed in paragraph (2) of the same Article pertaining to business that falls  under any of the following (hereinafter referred to as "outward direct  investment" in this Article):  (i) business that belongs to a business type specified by Ministry of Finance  Order as the specified business type in the cases where the act of making an  outward direct investment pertaining to business that belongs to the  specified business type is likely to cause any of the situations set forth in the  items of Article 23, paragraph (4) of the Act;  (ii) business conducted in the region specified by Ministry of Finance Order as  the specified region in the cases where the act of making an outward direct  investment pertaining to business conducted in the specified region is likely  to cause any of the situations set forth in the items of Article 23, paragraph  (4) of the Act;  (iii) business that belongs to a business type specified by Ministry of Finance  Order as a specified business type which is conducted in the region specified  by Ministry of Finance Order as a specified region in the cases where the act  of making an outward direct investment pertaining to business that belongs  23 