Article 3-15Investment of a Part of the Implementing Organization Reserves in Line with the Purposes of the Acts on Mutual Aid

一loans of funds from the account relating to the implementing organization reserves of an implementing organization to the other account of that implementing organization;

二loans of funds to an implementing organization that organizes an implementing organization;

三acquisition, transfer, or lease of real estate (limited to that carried out by the Federation of National Public Service Personnel Mutual Aid Associations, a Local Public Servants Mutual Aid Association (excluding a constituent association; the same applies hereinafter in this item and the following item) or the National Federation of Mutual Aid Associations for Municipal Personnel; and, where carried out by the Federation of National Public Service Personnel Mutual Aid Associations, limited to that for which the approval of the Minister of Finance has been obtained in advance, and, where carried out by a Local Public Servants Mutual Aid Association or the National Federation of Mutual Aid Associations for Municipal Personnel, limited to that for which the approval of the competent minister prescribed in Article 144-29, paragraph (1) of the Local Public Officers, etc. Mutual Aid Association Act has been obtained in advance);

四loans of funds for temporary borrowing by a local government (limited to that carried out by a Local Public Servants Mutual Aid Association);

五acquisition of local bonds or bonds issued by the Japan Finance Organization for Municipalities (limited to that carried out by the Pension Fund Association for Local Government Officials).