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Article 107Lapse of Authorization

第百七条(認可の失効)

If a financial instruments exchange holding company comes to fall under any of the following items, Article 106-10, paragraph (1) authorization or the authorization referred to in the proviso to paragraph (3) of that Article ceases to be effective:

金融商品取引所持株会社が次の各号のいずれかに該当することとなつたときは、第百六条の十第一項及び第三項ただし書の認可は、その効力を失う。

it ceases to be a company that has an incorporated financial instruments exchange as its subsidiary company (excluding the cases that are specified by Cabinet Office Order in consideration of the manner in which voting rights are held in the incorporated financial instruments exchange, or any other relevant circumstances);

株式会社金融商品取引所を子会社とする会社でなくなつたとき(当該株式会社金融商品取引所の議決権の保有の態様その他の事情を勘案して内閣府令で定める場合を除く。)。

it is dissolved;

解散したとき。

a judgment invalidating its incorporation or a merger (but only if the company incorporated in the merger is a financial instrument exchange holding company) or incorporation-type company split (but only if the company incorporated in the incorporation-type company split is a financial instrument exchange holding company) becomes final and binding;

設立、合併(当該合併により設立される会社が金融商品取引所持株会社であるものに限る。)又は新設分割(当該新設分割により設立された会社が金融商品取引所持株会社であるものに限る。)を無効とする判決が確定したとき。

it fails to become a company that has an incorporated financial instruments exchange as its subsidiary company within six months from the date on which authorization is obtained; or

認可を受けた日から六月以内に株式会社金融商品取引所を子会社とする会社とならなかつたとき。

If an authorization has ceased to be effective pursuant to the provisions of the preceding paragraph (in a case to which item (v) of that paragraph pertains, this is only if the financial instruments exchange holding company becomes a commodity exchange), the person that was the financial instruments exchange holding company must notify the Prime Minister of this without delay.

前項の規定により認可が失効したとき(同項第五号に係る場合にあつては、商品取引所になつたときに限る。)は、金融商品取引所持株会社であつた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。

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