Supplementary Provisions, Article 24
第二十四条
If a person who, at the time this Act comes into effect, is a director or company auditor of a securities company and concurrently serves as a director or company auditor (including a board member, auditor, or other person equivalent thereto; the same applies hereinafter in this Article) or employee of a parent corporation, etc. of that securities company prescribed in Article 42-2, paragraph (1) of the New Securities and Exchange Act (excluding a person who has received the approval under Article 42 of the New Securities and Exchange Act) files a notification with the Minister of Finance as provided by Ministry of Finance Order within one month from the effective date, that person may, notwithstanding the main clause of Article 42-2, paragraph (1) of the New Securities and Exchange Act, continue to concurrently serve as a director or company auditor or employee of that parent corporation, etc. to which the notification pertains until the day on which one year elapses, counting from the effective date.
この法律の施行の際現に証券会社の取締役又は監査役である者で当該証券会社の新証券取引法第四十二条の二第一項に規定する親法人等の取締役若しくは監査役（理事、監事その他これに準ずる者を含む。以下この条において同じ。）又は使用人を兼ねている者（新証券取引法第四十二条の承認を受けている者を除く。）が、施行日から一月以内に大蔵省令で定めるところにより大蔵大臣に届出をしたときは、同項本文の規定にかかわらず、施行日から起算して一年を経過する日までの間は、引き続き当該届出に係る当該親法人等の取締役若しくは監査役又は使用人を兼ねることができる。
If a person who, at the time this Act comes into effect, is a director, company auditor, or employee of a securities company and concurrently serves as a director or company auditor of a subsidiary corporation, etc. of that securities company prescribed in Article 42-2, paragraph (2) of the New Securities and Exchange Act (excluding a person who has received the approval under Article 42 of the New Securities and Exchange Act) files a notification with the Minister of Finance as provided by Ministry of Finance Order within one month from the effective date, that person may, notwithstanding the main clause of Article 42-2, paragraph (2) of the New Securities and Exchange Act, continue to concurrently serve as a director or company auditor of that subsidiary corporation, etc. to which the notification pertains until the day on which one year elapses, counting from the effective date.
この法律の施行の際現に証券会社の取締役若しくは監査役又は使用人である者で当該証券会社の新証券取引法第四十二条の二第二項に規定する子法人等の取締役又は監査役を兼ねている者（新証券取引法第四十二条の承認を受けている者を除く。）が、施行日から一月以内に大蔵省令で定めるところにより大蔵大臣に届出をしたときは、同項本文の規定にかかわらず、施行日から起算して一年を経過する日までの間は、引き続き当該届出に係る当該子法人等の取締役又は監査役を兼ねることができる。
If a person who, at the time this Act comes into effect, is a director or company auditor of a securities company and concurrently serves as a director or company auditor…
この法律の施行の際現に証券会社の取締役又は監査役である者で当該証券会社の新証券取引法第四十二条の二第一項に規定する親法人等の取締役若しくは監査役（理事、監事その他これに準ずる者を含む。以下この条において同じ。）又は使用人を兼ねている者（新証券取引法第四十二条の承認を受けている者を除く。）が…
Open this provisionsubsidiary corporation, etc.
「子法人等」
A subsidiary company (子会社) of another company, or another corporation or organization meeting requirements a Cabinet Order (政令) sets as closely related to that company.
Defined inArticle 57-2, paragraph (9)
New Securities and Exchange Actmachine translation
「新証券取引法」
This Act as amended by Article 15 of Act No. 87 of 1992.
Short name set inSupplementary Provisions, Article 14, paragraph (1)
company auditor
監査役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)), whose job is to audit how the directors carry out their duties and to write an audit report on it (Article 381, paragraph (1)). Not an outside accountant — that is the financial auditor (会計監査人) — and not a director: a company auditor may not also be a director or employee of the company or its subsidiaries (Article 335, paragraph (2)). The term normally runs to the annual shareholders meeting for the last business year ending within four years of election (Article 336, paragraph (1)).
Written by AI using Companies Act, Arts. 329, 335, 336, 381 as a reference.
director
取締役
An officer of a stock company, elected by the shareholders meeting (Companies Act, Article 329, paragraph (1)). Every stock company has at least one (Article 326, paragraph (1)). Where there is no board of directors, the directors run the company's business unless the articles of incorporation say otherwise (Article 348, paragraph (1)), and each of them represents it unless the company has chosen representative directors (代表取締役) or others to do that (Article 349, paragraphs (1) and (3)). Where there is a board (取締役会, board of directors), the directors are its members, and the board decides the business and normally chooses the representative directors from among them (Article 362). The term normally runs to the annual shareholders meeting for the last business year ending within two years of election (Article 332, paragraph (1)).
Written by AI using Companies Act, Arts. 326, 329, 332, 348, 349, 362 as a reference.