An incorporated association-operated financial instruments exchange may merge with another incorporated association-operated financial instruments exchange or with an incorporated financial instruments exchange. In such a case, the financial instruments exchanges implementing the merger must conclude a merger agreement.
会員金融商品取引所は、他の会員金融商品取引所又は株式会社金融商品取引所と合併することができる。この場合において、合併をする金融商品取引所は、合併契約を締結しなければならない。
In the case referred to in the preceding paragraph, if an incorporated association-operated financial instruments exchange implements an absorption-type merger (meaning the merger of one financial instruments exchange with another financial instruments exchange, in which the financial instruments exchange surviving the merger (hereinafter referred to as the "financial instruments exchange surviving an absorption-type merger" in this Subsection) succeeds to all of the rights and obligations of the financial instruments exchange that disappears in the merger (hereinafter referred to as a "financial instruments exchange disappearing in an absorption-type merger" in this Subsection); the same applies hereinafter), or a consolidation-type merger (meaning a merger between two or more financial instruments exchanges in which the financial instruments exchange that is incorporated in the merger (hereinafter referred to as the "financial instruments exchange incorporated in a consolidation-type merger" in this Subsection) succeeds to all of the rights and obligations of the financial instruments exchanges that disappear as a result of the merger (hereinafter each is referred to as a "financial instruments exchange disappearing in a consolidation-type merger" in this Subsection); the same applies hereinafter), the financial instruments exchange surviving the absorption-type merger or the financial instruments exchange incorporated in the consolidation-type merger must be the person specified in each of the following items in accordance with the category of cases set forth in that item:
前項の場合において、吸収合併（金融商品取引所が他の金融商品取引所とする合併であつて、合併により消滅する金融商品取引所（以下この款において「吸収合併消滅金融商品取引所」という。）の権利義務の全部を合併後存続する金融商品取引所（以下この款において「吸収合併存続金融商品取引所」という。）に承継させるものをいう。以下同じ。）又は新設合併（二以上の金融商品取引所がする合併であつて、合併により消滅する金融商品取引所（以下この款において「新設合併消滅金融商品取引所」という。）の権利義務の全部を合併により設立する金融商品取引所（以下この款において「新設合併設立金融商品取引所」という。）に承継させるものをいう。以下同じ。）をする場合には、吸収合併存続金融商品取引所又は新設合併設立金融商品取引所は、次の各号に掲げる場合の区分に応じ当該各号に定める者でなければならない。
a merger between an incorporated association-operated financial instruments exchange and an incorporated association-operated financial instruments exchange:an incorporated association-operated financial instruments exchange; or
会員金融商品取引所と会員金融商品取引所とが合併する場合 会員金融商品取引所
a merger between an incorporated association-operated financial instruments exchange and an incorporated financial instruments exchange:an incorporated financial instruments exchange.
会員金融商品取引所と株式会社金融商品取引所とが合併する場合 株式会社金融商品取引所
Read this with the articles around it
An incorporated association-operated financial instruments exchange may merge with another incorporated association-operated financial instruments exchange or with an incorporated financial…
会員金融商品取引所は、他の会員金融商品取引所又は株式会社金融商品取引所と合併することができる。この場合において、合併をする金融商品取引所は、合併契約を締結しなければならない。
Open this provisionfinancial instruments exchange
「金融商品取引所」
A membership corporation (金融商品会員制法人) or stock company (株式会社) licensed by the Prime Minister under Article 80, paragraph (1) to open a financial instruments market (金融商品市場).
Defined inArticle 2, paragraph (16)· applies throughout the law
incorporated financial instruments exchange
「株式会社金融商品取引所」
A stock company that operates a financial instruments exchange market.
Short name set inArticle 2, paragraph (18)
incorporated association-operated financial instruments exchangemachine translation
「会員金融商品取引所」
A financial instruments membership corporation (金融商品会員制法人) that operates a financial instruments exchange market (取引所金融商品市場).
Short name set inArticle 87-6, paragraph (1)
absorption-type mergermachine translation
「吸収合併」
A merger of one financial instruments exchange (金融商品取引所) with another in which the exchange that survives takes over all the rights and obligations of the exchange that ceases to exist.
Defined inArticle 136, paragraph (2)
financial instruments exchange surviving an absorption-type mergermachine translation
「吸収合併存続金融商品取引所」
In an absorption-type merger (吸収合併) between financial instruments exchanges (金融商品取引所), the exchange that survives the merger and takes over all the rights and obligations of the one that ceases to exist.
Short name set inArticle 136, paragraph (2)· applies only in this subsection
financial instruments exchange disappearing in an absorption-type mergermachine translation
「吸収合併消滅金融商品取引所」
In an absorption-type merger (吸収合併) between financial instruments exchanges (金融商品取引所), the exchange that ceases to exist, all of whose rights and obligations pass to the surviving exchange.
Short name set inArticle 136, paragraph (2)· applies only in this subsection
consolidation-type mergermachine translation
「新設合併」
A merger between two or more financial instruments exchanges (金融商品取引所) in which all the rights and obligations of the exchanges that cease to exist in it pass to a new exchange it incorporates.
Defined inArticle 136, paragraph (2)
financial instruments exchange disappearing in a consolidation-type mergermachine translation
「新設合併消滅金融商品取引所」
In Subsection 2 (mergers) of Section 4 of Chapter V, a financial instruments exchange (金融商品取引所) that ceases to exist in a consolidation-type merger (新設合併), its rights and obligations passing to the exchange the merger incorporates.
Short name set inArticle 136, paragraph (2)· applies only in this subsection
financial instruments exchange incorporated in a consolidation-type mergermachine translation
「新設合併設立金融商品取引所」
In Subsection 2 (mergers) of Section 4 of Chapter V, the financial instruments exchange (金融商品取引所) incorporated in a consolidation-type merger (新設合併), which takes over all the rights and obligations of the exchanges that cease to exist in it.
Short name set inArticle 136, paragraph (2)· applies only in this subsection