If there is a vacant position for the domestic representative of a credit rating agency (limited to a foreign corporation; hereinafter the same applies in this Article), and the Prime Minister finds it to be necessary, the Prime Minister may appoint a person to temporarily perform the duties of the domestic representative (referred to as the "acting representative" in the following paragraph). In such a case, the credit rating agency must register the appointment in connection with the location of the principal business office or office in Japan.
If the Prime Minister appoints an acting representative pursuant to the provisions of the preceding paragraph, the Prime Minister may order the credit rating agency to pay the acting representative a reasonable amount of remuneration.
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(Acting Representative)
If there is a vacant position for the domestic representative of a credit rating agency (limited to a foreign corporation; hereinafter the same applies in this Article)…
内閣総理大臣は、信用格付業者（外国法人に限る。以下この条において同じ。）の国内における代表者が欠けた場合において、必要があると認めるときは、一時その職務を行うべき者（次項において「職務代行者」という。）を選任することができる。
Open this provision(Acting Representative)
If there is a vacant position for the domestic representative of a credit rating agency (limited to a foreign corporation; hereinafter the same applies in this Article)…
内閣総理大臣は、信用格付業者（外国法人に限る。以下この条において同じ。）の国内における代表者が欠けた場合において、必要があると認めるときは、一時その職務を行うべき者（次項において「職務代行者」という。）を選任することができる。
Open this provision(Acting Representative)
If the Prime Minister appoints an acting representative pursuant to the provisions of the preceding paragraph, the Prime Minister may order the credit rating agency to pay the acting representative a…
内閣総理大臣は、前項の規定により職務代行者を選任したときは、信用格付業者に対し、当該職務代行者に相当額の報酬を支払うべき旨を命ずることができる。
Open this provisioncredit rating agency
「信用格付業者」
A person registered with the Prime Minister under Article 66-27 to carry on credit rating services (信用格付業).
Defined inArticle 2, paragraph (36)· applies throughout the law
acting representative
「職務代行者」
A person the Prime Minister appoints, where needed, to act for the time being in place of the representative in Japan of a foreign corporation — a specified non-financial information audit certification provider (特定非財務情報監査証明業者), an authorized firm for on-exchange transactions (取引所取引許可業者), a financial instruments business operator, etc. (金融商品取引業者等), a credit rating agency (信用格付業者) or an investment management-related business trustee (投資運用関係業務受託業者) — when that representative is absent.
Short name set inArticle 66-46, paragraph (1)· applies only in this provision and in Article 66-46, paragraph (2)
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.
registration
登記
Entry in a public register kept by a registry office (登記所) — a Legal Affairs Bureau or one of its branch offices — so that the matter is made public (Real Property Registration Act, Articles 1 and 6, paragraph (1)). Rights in land and buildings, such as ownership, a superficies (地上権), a statutory lien (先取特権), a mortgage and a right of lease (賃借権), can be registered under that Act (Article 3), and matters the Commercial Code, the Companies Act and other Acts require to be registered are registered under the Commercial Registration Act (Article 1). Registration also lets a right be asserted against third parties: acquiring, losing or changing a right in rem (物権) in land or a building, such as ownership, cannot be asserted against third parties until it is registered (Civil Code, Article 177), and a matter the Companies Act requires to be registered cannot be asserted against a third party who does not know of it until it has been registered, nor, even after that, against one who had a justifiable reason for not knowing of the registration (Companies Act, Article 908, paragraph (1)).
Written by AI using Real Property Registration Act, Arts. 1, 3, 6, Commercial Registration Act, Art. 1, Civil Code, Art. 177 and Companies Act, Art. 908 as a reference.