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Article 106-4Criteria for Authorization

第百六条の四(認可基準)

When an application is filed for the authorization referred to in paragraph (1) of the preceding Article, the Prime Minister must examine whether the application conforms to the following criteria:

内閣総理大臣は、前条第一項の認可の申請があつた場合においては、その申請が次に掲げる基準に適合するかどうかを審査しなければならない。

the applicant for authorization's exercise of the subject voting rights is not likely to impair the sound and appropriate operation of the business of the incorporated financial instruments exchange; and

認可申請者がその対象議決権を行使することにより、株式会社金融商品取引所の業務の健全かつ適切な運営を損なうおそれがないこと。

the applicant for authorization has a sufficient understanding of the public nature of the business of a financial instruments exchange.

認可申請者が金融商品取引所の業務の公共性に関し十分な理解を有すること。

The provisions of Article 82, paragraph (2) apply mutatis mutandis to the authorization referred to in paragraph (1) of the preceding Article. In this case, in Article 82, paragraph (2), the phrase "the preceding paragraph" is deemed to be replaced with "Article 106-4, paragraph (1)", the phrase ", Article 156-17, paragraph (1) or (2)" is deemed to be replaced with ", Article 156-17, paragraph (1) or (2); Article 156-20-14, paragraph (1) or (2)", and the phrase ", Article 106-28, paragraph (1)" is deemed to be replaced with ", Article 106-28, paragraph (1); Article 155-6, Article 155-10, paragraph (1)".

第八十二条第二項の規定は、前条第一項の認可について準用する。この場合において、第八十二条第二項中「前項」とあるのは「第百六条の四第一項」と、「、第百五十六条の十七第一項若しくは第二項」とあるのは「、第百五十六条の十七第一項若しくは第二項、第百五十六条の二十の十四第一項若しくは第二項」と、「、第百六条の二十八第一項」とあるのは「、第百六条の二十八第一項、第百五十五条の六、第百五十五条の十第一項」と読み替えるものとする。

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