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Article 59-3Examination Criteria for Permission for Some Underwriting Activities

第五十九条の三(引受業務の一部の許可の審査基準)

Before seeking to grant the permission referred to in Article 59, paragraph (1), the Prime Minister must examine whether there is compliance with the following criteria:

内閣総理大臣は、第五十九条第一項の許可をしようとするときは、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 has been continuously engaged in the same type of business in a foreign country as the business for which it seeks to obtain permission, for a period longer than the period specified by Cabinet Order;

外国において、その許可を受けようとする業務と同種類の業務について政令で定める期間以上継続して業務を行つていること。

the applicant is a corporation whose stated capital or total contributions are not less than the amount specified by Cabinet Order as the amount necessary and appropriate in the public interest or for the protection of investors in light of the mode of business for which the applicant seeks to obtain permission; and

資本金の額又は出資の総額が、許可を受けようとする業務の態様に応じ、公益又は投資者保護のため必要かつ適当なものとして政令で定める金額以上の法人であること。

the net assets provided for in Article 29-4, paragraph (1), item (v), (b) are not less than the amount specified by Cabinet Order as provided for in the preceding item.

第二十九条の四第一項第五号ロに規定する純財産額が前号に規定する政令で定める金額以上であること。

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