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Article 41Expiration of License

第四十一条(免許の失効)

If a bank falls under one of the following items, the license referred to in Article 4, paragraph (1) granted by the Prime Minister ceases to be effective:

銀行が次の各号のいずれかに該当するときは、第四条第一項の内閣総理大臣の免許は、効力を失う。

it discontinues all of its banking;

銀行業の全部を廃止したとき。

it has all of its business succeeded to in a company split or transfers all of its business;

会社分割により事業の全部を承継させ、又は事業の全部を譲渡したとき。

it is dissolved (or a judgment invalidating its incorporation, share transfer, merger (limited to a merger resulting in the incorporation of a bank), or incorporation-type company split becomes final and binding); or

解散したとき(設立、株式移転、合併(当該合併により銀行を設立するものに限る。)又は新設分割を無効とする判決が確定したときを含む。)。

it fails to commence services within six months after the day on which it has obtained the license (unless it has failed to do so due to compelling reasons, and obtained the approval of the Prime Minister in advance).

当該免許を受けた日から六月以内に業務を開始しなかつたとき(やむを得ない理由がある場合において、あらかじめ内閣総理大臣の承認を受けたときを除く。)。

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