Article 52-11Making Reports or Submitting Materials by Bank's Major Shareholders
第五十二条の十一(銀行主要株主による報告又は資料の提出)
If the Prime Minister finds it to be particularly necessary for ensuring the sound and appropriate management of a bank's services, the Prime Minister, to the extent necessary, may ask a bank's major shareholder that holds a number of voting rights in that bank which is equal to or greater than the major shareholder threshold to make a report or submit materials that are to serve as a reference for the status of business or property of the bank.
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bank
「銀行」
A person that carries on banking (銀行業) under a licence from the Prime Minister (内閣総理大臣) under Article 4, paragraph (1).
Defined inArticle 2, paragraph (1)· applies throughout the law
major shareholder threshold
「主要株主基準値」
The threshold for being a major shareholder: 20% of the voting rights of all shareholders of a company, or 15% where the holder meets requirements a Cabinet Office Order (内閣府令) sets as facts from which a material influence on the company's financial and business policy decisions can be presumed.
Defined inArticle 2, paragraph (9)· applies throughout the law
bank's major shareholder
「銀行主要株主」
A person holding voting rights in a bank at or above the major shareholder threshold (主要株主基準値: 20 percent of the total shareholder voting rights, or 15 percent for a holder meeting conditions set by Cabinet Office Order (内閣府令)), counting rights held in another's name, that was established with, or has obtained, the Prime Minister's (内閣総理大臣) authorization under Article 52-9, paragraph (1) or the proviso to paragraph (2).
Defined inArticle 2, paragraph (10)· applies throughout the law
Prime Minister
内閣総理大臣
The head of the Cabinet. Designated by the Diet from among its own members, and appointed by the Emperor on that designation (Articles 67 and 6). The Prime Minister appoints and may dismiss the other Ministers of State at will, and a majority of them must be members of the Diet (Article 68). No Minister of State can be subjected to legal action while in office without the Prime Minister's consent (Article 75).
Written by AI using Constitution, Arts. 6, 67, 68, 75 and Wikipedia: Prime Minister of Japan as a reference.