Supplementary Provisions, Article 3
第三条
In the case where the date of enforcement of the provisions set forth in Article 1, item (iii) of the Supplementary Provisions (hereinafter referred to in this Article as the "item (iii) effective date") is after the day on which one year elapses from the effective date of the Act Partially Amending the Securities and Exchange Act, etc. (Act No. 65 of 2006) (meaning the effective date prescribed in the main clause of Article 1 of the Supplementary Provisions of that Act) (hereinafter referred to in this Article as the "specified day"), if a person who has made a notification under paragraph (1) of Article 28 of the Supplementary Provisions of that Act pursuant to the provisions of that paragraph (hereinafter referred to in this paragraph as the "earlier notification") makes a notification to the Prime Minister by the specified day as prescribed by Cabinet Office Order, that person may continue to concurrently serve as a director, accounting advisor (if the accounting advisor is a juridical person, a member who is to perform its duties), company auditor or executive officer (including a board member, auditor or any other person equivalent thereto) or employee of the parent bank, etc. (meaning the parent bank, etc. prescribed in paragraph (1) of that Article) pertaining to that earlier notification, from the day following the specified day until the day preceding the item (iii) effective date.
附則第一条第三号に掲げる規定の施行の日（以下この条において「第三号施行日」という。）が証券取引法等の一部を改正する法律（平成十八年法律第六十五号）の施行日（同法附則第一条本文に規定する施行日をいう。）から起算して一年を経過する日（以下この条において「特定日」という。）後である場合には、同法附則第二十八条第一項の規定により同項の届出（以下この項において「旧届出」という。）をした者が、特定日までに内閣府令で定めるところにより内閣総理大臣に届出をしたときは、特定日の翌日から第三号施行日の前日までの間、引き続き当該旧届出に係る親銀行等（同条第一項に規定する親銀行等をいう。）の取締役、会計参与（会計参与が法人であるときは、その職務を行うべき社員）、監査役若しくは執行役（理事、監事その他これに準ずる者を含む。）又は使用人を兼ねることができる。
In the case where the item (iii) effective date is after the specified day, if a person who has made a notification under paragraph (2) of Article 28 of the Supplementary Provisions of the Act Partially Amending the Securities and Exchange Act, etc. (Act No. 65 of 2006) pursuant to the provisions of that paragraph (hereinafter referred to in this paragraph as the "earlier notification") makes a notification to the Prime Minister by the specified day as prescribed by Cabinet Office Order, that person may continue to concurrently serve as a director, accounting advisor (if the accounting advisor is a juridical person, a member who is to perform its duties), company auditor or executive officer (including a board member, auditor or any other person equivalent thereto) of the subsidiary bank, etc. (meaning the subsidiary bank, etc. prescribed in paragraph (2) of that Article) pertaining to that earlier notification, from the day following the specified day until the day preceding the item (iii) effective date.
In the case where the item (iii) effective date is after the specified day, if a person who has made a notification under paragraph (3) of Article 28 of the Supplementary Provisions of the Act Partially Amending the Securities and Exchange Act, etc. (Act No. 65 of 2006) pursuant to the provisions of that paragraph (hereinafter referred to in this paragraph as the "earlier notification") makes a notification to the Prime Minister by the specified day as prescribed by Cabinet Office Order, that person may continue to engage in the ordinary business of a bank, cooperative financial institution or other financial institution specified by Cabinet Order prescribed in paragraph (3) of that Article pertaining to that earlier notification, from the day following the specified day until the day preceding the item (iii) effective date.
The Prime Minister is to delegate the authority under the provisions of the preceding three paragraphs to the Commissioner of the Financial Services Agency.
内閣総理大臣は、前三項の規定による権限を金融庁長官に委任する。
A part of the authority delegated to the Commissioner of the Financial Services Agency pursuant to the provisions of the preceding paragraph may be delegated to the Director-General of a Local Finance Bureau or the Director-General of a Local Finance Branch Bureau, pursuant to the provisions of Cabinet Order.
前項の規定により金融庁長官に委任された権限については、政令で定めるところにより、その一部を財務局長又は財務支局長に委任することができる。
Effective Date
This Act comes into effect as of the date specified by Cabinet Order within a period not exceeding one year and six months from the date of promulgation…
この法律は、公布の日から起算して一年六月を超えない範囲内において政令で定める日（以下「施行日」という。）から施行する。ただし、次の各号に掲げる規定は、当該各号に定める日から施行する。
Open this provisionIf a person who, at the time of the enforcement of this Act, is a director, accounting advisor (or, if the accounting advisor is a corporation, a staff member who is to perform those duties)…
この法律の施行の際現に金融商品取引業者（有価証券関連業を行う者に限る。以下この項から第三項までにおいて同じ。）の取締役、会計参与（会計参与が法人であるときは、その職務を行うべき社員）…
Open this provisionIf a person who, at the time of the enforcement of this Act, is a director, accounting advisor, company auditor or executive officer, or employee of a financial instruments business operator and who…
この法律の施行の際現に金融商品取引業者の取締役、会計参与、監査役若しくは執行役又は使用人である者で当該金融商品取引業者の子銀行等（新金融商品取引法第三十一条の四第六項に規定する子銀行等をいう。以下この項において同じ。）の取締役、会計参与（会計参与が法人であるときは、その職務を行うべき社員。以下この項において同じ。）…
Open this provisionIf a person who, at the time of the enforcement of this Act, is a director (in the case of a company with committees, an executive officer) engaged in the ordinary business of a financial instruments…
この法律の施行の際現に金融商品取引業者の常務に従事する取締役（委員会設置会社にあっては、執行役）である者で銀行、協同組織金融機関その他政令で定める金融機関の常務に従事している者が、前二項の規定の適用がある場合を除き、施行日から一年以内に内閣府令で定めるところにより内閣総理大臣に届出をしたときは…
Open this provisionEffective Date
the provisions of Article 1 amending Article 31-4 of the Financial Instruments and Exchange Act, the provisions adding four paragraphs to Article 36 of that Act, the provisions amending Article 50-2…
第一条中金融商品取引法第三十一条の四の改正規定、同法第三十六条に四項を加える改正規定、同法第五十条の二第四項の改正規定（「又は第三項」を「、第三項又は第四項」に改める部分に限る。）、同法第五十六条の二、第五十九条の六及び第六十条の十三の改正規定…
Open this provisionIn the case where the date of enforcement of the provisions set forth in Article 1, item (iii) of the Supplementary Provisions…
附則第一条第三号に掲げる規定の施行の日（以下この条において「第三号施行日」という。）が証券取引法等の一部を改正する法律（平成十八年法律第六十五号）の施行日（同法附則第一条本文に規定する施行日をいう。）から起算して一年を経過する日（以下この条において「特定日」という。）後である場合には…
Open this provisionIn the case where the date of enforcement of the provisions set forth in Article 1, item (iii) of the Supplementary Provisions…
附則第一条第三号に掲げる規定の施行の日（以下この条において「第三号施行日」という。）が証券取引法等の一部を改正する法律（平成十八年法律第六十五号）の施行日（同法附則第一条本文に規定する施行日をいう。）から起算して一年を経過する日（以下この条において「特定日」という。）後である場合には…
Open this provisionIn the case where the item (iii) effective date is after the specified day, if a person who has made a notification under paragraph (2) of Article 28 of the Supplementary Provisions of the Act…
第三号施行日が特定日後である場合には、証券取引法等の一部を改正する法律（平成十八年法律第六十五号）附則第二十八条第二項の規定により同項の届出（以下この項において「旧届出」という。）をした者が、特定日までに内閣府令で定めるところにより内閣総理大臣に届出をしたときは、特定日の翌日から第三号施行日の前日までの間…
Open this provisionIn the case where the item (iii) effective date is after the specified day, if a person who has made a notification under paragraph (3) of Article 28 of the Supplementary Provisions of the Act…
第三号施行日が特定日後である場合には、証券取引法等の一部を改正する法律（平成十八年法律第六十五号）附則第二十八条第三項の規定により同項の届出（以下この項において「旧届出」という。）をした者が、特定日までに内閣府令で定めるところにより内閣総理大臣に届出をしたときは、特定日の翌日から第三号施行日の前日までの間…
Open this provisionThe Prime Minister is to delegate the authority under the provisions of the preceding three paragraphs to the Commissioner of the Financial Services Agency.
内閣総理大臣は、前三項の規定による権限を金融庁長官に委任する。
Open this provisioncooperative financial institution
「協同組織金融機関」
A cooperative financial institution as defined in Article 2, paragraph (1) of the Act on Preferred Equity Investment by Cooperative Structured Financial Institution: the Norinchukin Bank (農林中央金庫), credit cooperatives (信用協同組合), shinkin banks (信用金庫) and labour banks (労働金庫), and agricultural, fishery and fishery processing cooperatives that carry on credit business, together with their federations.
Short name set inArticle 2, paragraph (8)
parent bank, etc.
「親銀行等」
In Article 31-4, paragraph (2), of the parent corporations, etc. (親法人等) of a financial instruments business operator (金融商品取引業者) — corporations or other organizations that hold a majority of the voting rights of all its shareholders, etc., or otherwise meet the requirements a Cabinet Order (政令) sets for being closely related to it — one that is a bank, a cooperative financial institution (協同組織金融機関) or another financial institution a Cabinet Order specifies.
Defined inArticle 31-4, paragraph (3)
subsidiary bank, etc.
「子銀行等」
A bank, cooperative financial institution or other financial institution a Cabinet Order (政令) specifies that is a subsidiary corporation, etc. (子法人等) of a financial instruments business operator: a corporation or other organization meeting requirements a Cabinet Order sets as closely related to the operator, such as one in which the operator holds a majority of the voting rights of all shareholders, etc.
Defined inArticle 31-4, paragraph (4)
earlier notificationmachine translation
「旧届出」
In Article 3, paragraph (1) of the supplementary provisions (附則) of Act No. 65 of 2008, a notification under Article 28, paragraph (1) of the supplementary provisions of Act No. 65 of 2006, by which a director, accounting advisor, company auditor or executive officer of a financial instruments business operator (金融商品取引業者) engaged in securities-related business could keep a concurrent post as officer or employee of its parent bank, etc. (親銀行等) for one year from the date the 2006 Act came into effect.
Short name set inSupplementary Provisions, Article 3, paragraph (1)· applies only in this paragraph
specified daymachine translation
「特定日」
In Article 3 of the supplementary provisions (附則) of Act No. 65 of 2008, the day on which one year has passed, counting from the date Act No. 65 of 2006 came into effect.
Short name set inSupplementary Provisions, Article 3, paragraph (1)· applies only in this article
item (iii) effective datemachine translation
「第三号施行日」
In Article 3 of the supplementary provisions (附則) of Act No. 65 of 2008, the date the provisions listed in Article 1, item (iii) of those supplementary provisions come into effect, a date a Cabinet Order (政令) sets within one year of the Act's promulgation.
Short name set inSupplementary Provisions, Article 3, paragraph (1)· applies only in this article
earlier notificationmachine translation
「旧届出」
In Article 3, paragraph (2) of the supplementary provisions (附則) of Act No. 65 of 2008, a notification under Article 28, paragraph (2) of the supplementary provisions of Act No. 65 of 2006, by which an officer or employee of a financial instruments business operator (金融商品取引業者) engaged in securities-related business could keep a concurrent post as director, accounting advisor, company auditor or executive officer of its subsidiary bank, etc. (子銀行等) for one year from the date the 2006 Act came into effect.
Short name set inSupplementary Provisions, Article 3, paragraph (2)· applies only in this paragraph
earlier notificationmachine translation
「旧届出」
In Article 3, paragraph (3) of the supplementary provisions (附則) of Act No. 65 of 2008, a notification under Article 28, paragraph (3) of the supplementary provisions of Act No. 65 of 2006, by which a director (or, in a company with committees, an executive officer) engaged in the day-to-day business of a financial instruments business operator (金融商品取引業者) engaged in securities-related business could continue to engage in the day-to-day business of a bank, a cooperative financial institution or another financial institution a Cabinet Order (政令) specifies for one year from the date the 2006 Act came into effect.
Short name set inSupplementary Provisions, Article 3, paragraph (3)· applies only in this paragraph
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.
Commissioner of the Financial Services Agency
金融庁長官
The head of the Financial Services Agency (金融庁), which the Act for Establishment of the Financial Services Agency (金融庁設置法) sets up as an external agency (外局) of the Cabinet Office — an agency attached to it, with a head of its own (Article 2). The Agency's mission is to keep Japan's financial system stable, to protect depositors, insurance policyholders, investors in securities and people in a like position, and to help finance flow smoothly (Article 3, paragraph (1)). The Banking Act hands the Prime Minister's (内閣総理大臣) powers under it to the Commissioner, except those a Cabinet Order (政令) keeps back, and lets the Commissioner, as a Cabinet Order provides, pass some of them on to the directors of the Local Finance Bureaus and Local Finance Branch Bureaus (財務局長, 財務支局長) (Banking Act, Article 59).
Written by AI using Act for Establishment of the Financial Services Agency, Arts. 2, 3 and Banking Act, Art. 59 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.