If a person that has obtained Article 156-5-5, paragraph (1) authorization does not become the holder of a number of subject voting rights that is equal to or greater than the threshold holding ratio, or does not incorporate as a company or other corporation that holds a number of subject voting rights that is equal to or greater than the threshold holding ratio within six months from the day on which that person obtains the authorization, that authorization ceases to be effective. In such a case, the person that obtained the authorization must notify the Prime Minister of this without delay.
第百五十六条の五の五第一項の認可を受けた者が当該認可を受けた日から六月以内に保有基準割合以上の数の対象議決権の保有者とならなかつたとき、又は保有基準割合以上の数の対象議決権の保有者である会社その他の法人の設立をしなかつたときは、当該認可は、その効力を失う。この場合において、当該認可を受けた者は、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。
If the major shareholder of a financial instruments clearing organization has become the holder of a number of subject voting rights that is less than the threshold holding ratio, the authorization referred to in Article 156-5-5, paragraph (1) or in the proviso to paragraph (4) of that Article ceases to be effective. In such a case, the person that was formerly a major shareholder must notify the Prime Minister of this without delay.
金融商品取引清算機関の主要株主が保有基準割合未満の数の対象議決権の保有者となつたときは、第百五十六条の五の五第一項又は第四項ただし書の認可は、その効力を失う。この場合において、主要株主であつた者は、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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(Authorization as a Major Shareholder)
A person seeking to acquire or hold a number of subject voting rights that constitutes 20 percent or more (or 15 percent or more, if a fact has occurred that is specified by Cabinet Office Order as a…
金融商品取引清算機関の総株主の議決権の百分の二十（その財務及び営業の方針の決定に対して重要な影響を与えることが推測される事実として内閣府令で定める事実がある場合には、百分の十五。以下この節において「保有基準割合」という。）以上の数の対象議決権を取得し…
Open this provision(Authorization as a Major Shareholder)
In the case referred to in paragraph (2), a specified holder must take the necessary measures to become the holder of a number of subject voting rights in a financial instruments clearing…
第二項の場合において、特定保有者は、特定保有者となつた日から三月以内に、金融商品取引清算機関の保有基準割合未満の数の対象議決権の保有者となるために必要な措置をとらなければならない。ただし、内閣総理大臣の認可を受けた場合は、この限りでない。
Open this provisionfinancial instruments clearing organization
「金融商品取引清算機関」
A person carrying on financial instruments obligation assumption service (金融商品債務引受業) under a licence from the Prime Minister under Article 156-2 or an approval under Article 156-19, paragraph (1).
Defined inArticle 2, paragraph (29)· applies throughout the law
subject voting rights
「対象議決権」
In the section on major shareholders of financial instruments clearing organizations, voting rights in a financial instruments clearing organization (金融商品取引清算機関), including those of shares that cannot be asserted against the issuer under Article 147, paragraph (1) or Article 148, paragraph (1) of the Act on Book-Entry Transfer of Corporate Bonds and Shares, and excluding those a Cabinet Office Order (内閣府令) excludes in view of how they are acquired or held.
Short name set inArticle 156-5-3, paragraph (1)· applies only in this section
threshold holding ratio
「保有基準割合」
In Section 1 of Chapter 5-3, 20 percent of the voting rights of all shareholders of a financial instruments clearing organization (金融商品取引清算機関), or 15 percent where a fact a Cabinet Office Order (内閣府令) specifies suggests material influence over its financial and business policies.
Short name set inArticle 156-5-5, paragraph (1)· applies only in this section
major shareholder
「主要株主」
In Section 1 of Chapter 5-3, a person holding subject voting rights (対象議決権) of a financial instruments clearing organization (金融商品取引清算機関) at or above the threshold holding ratio (保有基準割合) that was incorporated with, or holds, the authorization under Article 156-5-5, paragraph (1) or the proviso to its paragraph (4).
Defined inArticle 156-5-8, paragraph (1)· applies only in this section
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.