Supplementary Provisions, Article 4Transitional Measures Accompanying the Partial Amendment of the Securities and Exchange Act
第四条（証券取引法の一部改正に伴う経過措置）
A person who, at the time this Act comes into force, is conducting securities obligation assumption business (meaning securities obligation assumption business prescribed in Article 2, paragraph (26) of the Securities and Exchange Act as amended by Article 8 (hereinafter referred to as the "New Securities and Exchange Act"); the same applies hereinafter in this Article and paragraph (1) of the following Article) (excluding a securities exchange (meaning a securities exchange prescribed in Article 2, paragraph (14) of the New Securities and Exchange Act; the same applies in the following Article)) may, notwithstanding the provisions of Article 156-2 of the New Securities and Exchange Act, continue to conduct securities obligation assumption business for six months from the effective date (or, if a disposition refusing the license under Article 156-2 of the New Securities and Exchange Act is made within that period, or the person is ordered to abolish securities obligation assumption business pursuant to Article 156-17, paragraph (2) of the New Securities and Exchange Act as applied with the replacement of terms pursuant to the provisions of the following paragraph, until the day on which that disposition was made or on which the person was ordered to abolish it). If that person has filed an application for the license under Article 156-2 of the New Securities and Exchange Act within that period and that period has elapsed, the same applies until a disposition granting or refusing the license is made on that application.
この法律の施行の際現に有価証券債務引受業（第八条の規定による改正後の証券取引法（以下「新証券取引法」という。）第二条第二十六項に規定する有価証券債務引受業をいう。以下この条及び次条第一項において同じ。）を営んでいる者（証券取引所（新証券取引法第二条第十四項に規定する証券取引所をいう。次条において同じ。）を除く。）は、施行日から六月間（当該期間内に新証券取引法第百五十六条の二の免許の拒否の処分があったとき、又は次項の規定により読み替えて適用する新証券取引法第百五十六条の十七第二項の規定により有価証券債務引受業の廃止を命じられたときは、当該処分のあった日又は当該廃止を命じられた日までの間）は、新証券取引法第百五十六条の二の規定にかかわらず、引き続き有価証券債務引受業を営むことができる。その者がその期間内に同条の免許の申請をした場合において、その期間を経過したときは、その申請について免許又は免許の拒否の処分があるまでの間も、同様とする。
In the case where a person may continue to conduct securities obligation assumption business pursuant to the provisions of the preceding paragraph, that person is deemed to be a securities clearing organization prescribed in Article 2, paragraph (27) of the New Securities and Exchange Act, and the provisions of Article 156-8, Article 156-14, paragraph (3), Article 156-15, Article 156-16, Article 156-17, paragraph (2), Article 156-22, Article 188, and Article 190 of the New Securities and Exchange Act (including the penal provisions pertaining to these provisions) apply. In this case, the phrase "The Prime Minister, upon discovering that a person has become a director or company auditor of a securities clearing organization by wrongful means, or" in Article 156-14, paragraph (3) of the New Securities and Exchange Act is deemed to be replaced with "The Prime Minister,", and the phrase "revoke the license under Article 156-2 or the approval under the proviso to Article 156-6, paragraph (2) or under Article 156-19" in Article 156-17, paragraph (2) of the New Securities and Exchange Act is deemed to be replaced with "order the abolition of securities obligation assumption business".
前項の規定により引き続き有価証券債務引受業を営むことができる場合においては、その者を新証券取引法第二条第二十七項に規定する証券取引清算機関とみなして、新証券取引法第百五十六条の八、第百五十六条の十四第三項、第百五十六条の十五、第百五十六条の十六、第百五十六条の十七第二項、第百五十六条の二十二、第百八十八条及び第百九十条の規定（これらの規定に係る罰則を含む。）を適用する。この場合において、新証券取引法第百五十六条の十四第三項中「内閣総理大臣は、不正の手段により証券取引清算機関の取締役若しくは監査役となつた者のあることを発見したとき、又は」とあるのは「内閣総理大臣は、」と、新証券取引法第百五十六条の十七第二項中「第百五十六条の二の免許若しくは第百五十六条の六第二項ただし書若しくは第百五十六条の十九の承認を取り消し」とあるのは「有価証券債務引受業の廃止を命じ」とする。
With regard to the application of the provisions of Article 156-4, paragraph (2) of the New Securities and Exchange Act in the case where a person is ordered to abolish securities obligation assumption business pursuant to the provisions of Article 156-17, paragraph (2) of the New Securities and Exchange Act as applied with the replacement of terms pursuant to the provisions of the preceding paragraph, the person ordered to abolish it is deemed to be a person whose license under Article 156-2 of the New Securities and Exchange Act has been revoked pursuant to the provisions of Article 156-17, paragraph (2) of the New Securities and Exchange Act, and the day on which the person was so ordered is deemed to be the day of revocation of the license under Article 156-2 of the New Securities and Exchange Act pursuant to the provisions of Article 156-17, paragraph (2) of the New Securities and Exchange Act.
Transitional Measures Accompanying the Partial Amendment of the Securities and Exchange Act
A person who, at the time this Act comes into force, is conducting securities obligation assumption business (meaning securities obligation assumption business prescribed in Article 2, paragraph (26)…
この法律の施行の際現に有価証券債務引受業（第八条の規定による改正後の証券取引法（以下「新証券取引法」という。）第二条第二十六項に規定する有価証券債務引受業をいう。以下この条及び次条第一項において同じ。）を営んでいる者（証券取引所（新証券取引法第二条第十四項に規定する証券取引所をいう。次条において同じ。）を除く。）は…
Open this provisionTransitional Measures Accompanying the Partial Amendment of the Securities and Exchange Act
A person who, at the time this Act comes into force, is conducting securities obligation assumption business (meaning securities obligation assumption business prescribed in Article 2, paragraph (26)…
この法律の施行の際現に有価証券債務引受業（第八条の規定による改正後の証券取引法（以下「新証券取引法」という。）第二条第二十六項に規定する有価証券債務引受業をいう。以下この条及び次条第一項において同じ。）を営んでいる者（証券取引所（新証券取引法第二条第十四項に規定する証券取引所をいう。次条において同じ。）を除く。）は…
Open this provisionTransitional Measures Accompanying the Partial Amendment of the Securities and Exchange Act
In the case where a person may continue to conduct securities obligation assumption business pursuant to the provisions of the preceding paragraph, that person is deemed to be a securities clearing…
前項の規定により引き続き有価証券債務引受業を営むことができる場合においては、その者を新証券取引法第二条第二十七項に規定する証券取引清算機関とみなして、新証券取引法第百五十六条の八、第百五十六条の十四第三項、第百五十六条の十五、第百五十六条の十六、第百五十六条の十七第二項、第百五十六条の二十二…
Open this provisionA securities exchange that, at the time this Act comes into force, is conducting securities obligation assumption business is deemed to have received the approval under Article 156-19 of the New…
この法律の施行の際現に有価証券債務引受業を営んでいる証券取引所は、施行日において新証券取引法第百五十六条の十九の承認を受けたものとみなす。
Open this provisionA securities exchange that, at the time this Act comes into force, is conducting securities obligation assumption business is deemed to have received the approval under Article 156-19 of the New…
この法律の施行の際現に有価証券債務引受業を営んでいる証券取引所は、施行日において新証券取引法第百五十六条の十九の承認を受けたものとみなす。
Open this provisionNew Securities and Exchange Actmachine translation
「新証券取引法」
This Act as amended by Article 8 of Act No. 65 of 2002.
Short name set inSupplementary Provisions, Article 4, paragraph (1)
securities obligation assumption businessmachine translation
「有価証券債務引受業」
In Article 4 and Article 5, paragraph (1) of the supplementary provisions (附則) of Act No. 65 of 2002, securities obligation assumption business as defined in Article 2, paragraph (26) of this Act under its former name (証券取引法) as Article 8 of that Act amended it.
Defined inSupplementary Provisions, Article 4, paragraph (1)· applies only in this article and in Supplementary Provisions, Article 5, paragraph (1)
securities exchangemachine translation
「証券取引所」
In Articles 4 and 5 of the supplementary provisions (附則) of Act No. 65 of 2002, a securities exchange as defined in Article 2, paragraph (14) of this Act under its former title (証券取引法), as amended by Article 8 of that Act.
Defined inSupplementary Provisions, Article 4, paragraph (1)· applies only in this provision and in Supplementary Provisions, Article 5
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.
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.