If the major shareholder of a financial instruments clearing organization violates a law or regulation, or if it is found that the conduct of a major shareholder is likely to impair the sound and appropriate operation of the business of the financial instruments clearing organization, the Prime Minister may rescind the major shareholder's Article 156-5-5, paragraph (1) authorization or the authorization referred to in the proviso to paragraph (4) of that Article, or order the major shareholder to take measures that are necessary from a supervisory perspective.
内閣総理大臣は、金融商品取引清算機関の主要株主が法令に違反したとき、又は主要株主の行為が当該金融商品取引清算機関の業務の健全かつ適切な運営を損なうおそれがあると認めるときは、当該主要株主に対し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を取り消し、その他監督上必要な措置をとることを命ずることができる。
A person that has the authorization referred to in Article 156-5-5, paragraph (1) or in the proviso to paragraph (4) of that Article rescinded pursuant to the provisions of the preceding paragraph must take the necessary measures to become the holder of a number of subject voting rights in a financial instruments clearing organization which is less than the threshold holding ratio, within three months from the day that the authorization is rescinded.
前項の規定により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を取り消された者は、当該認可を取り消され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。
Irrespective the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, before seeking to order the necessary measures pursuant to the provisions of paragraph (1), the Prime Minister must conduct a hearing.
内閣総理大臣は、第一項の規定により必要な措置を命じようとするときは、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
Read this with the articles around it
(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 provision(Supervisory Dispositions for Major Shareholders)
If the major shareholder of a financial instruments clearing organization violates a law or regulation, or if it is found that the conduct of a major shareholder is likely to impair the sound and…
内閣総理大臣は、金融商品取引清算機関の主要株主が法令に違反したとき、又は主要株主の行為が当該金融商品取引清算機関の業務の健全かつ適切な運営を損なうおそれがあると認めるときは、当該主要株主に対し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を取り消し、その他監督上必要な措置をとることを命ずることができる。
Open this provision(Procedures When Intending to Render Adverse Dispositions)
If an administrative agency intends to render adverse dispositions, as specified in this Chapter in accordance with the category referred to in the following items…
行政庁は、不利益処分をしようとする場合には、次の各号の区分に従い、この章の定めるところにより、当該不利益処分の名あて人となるべき者について、当該各号に定める意見陳述のための手続を執らなければならない。
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
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.