If a designated entrusted institution fails to commence services under entrustment within six months from the day of its designation or suspends services under entrustment for six consecutive months or longer, the Minister of Economy, Trade and Industry may rescind its designation.
If a designated entrusted institution falls under one of the following items, the Minister of Economy, Trade and Industry may rescind its designation or order the suspension of all or part of the services under entrustment during a fixed period of no longer than six months:
it violates the provisions of this Act;
この法律の規定に違反したとき。
it comes to fall under the provisions of one of Article 35-5, item (i), (vi), or (vii);
第三十五条の五第一号、第六号又は第七号の規定に該当することとなつたとき。
it violates an order under the provisions of the preceding Article;
前条の規定による命令に違反したとき。
it violates a disposition of the Minister of Economy, Trade and Industry based on the provisions of this Act, beyond what is stated in the preceding item; or
前号に掲げるもののほか、この法律の規定に基づく経済産業大臣の処分に違反したとき。
it has obtained the designation by wrongful means.
不正の手段により指定を受けたとき。
services under entrustment
「受託事業」
The business of acting as the entrusted party under contracts on the entrustment of business deposits (供託委託契約) made to protect advance payments (前受金保全措置) — the business for which the designation under Article 35-4 is applied for.
Short name set inArticle 35-4, paragraph (1)
designation
「指定」
In Chapter III-3, the Minister of Economy, Trade and Industry's designation under Article 18-3, paragraph (4) (also as it applies to specified prepaid transactions (前払式特定取引)) of a body that may act as the entrusted party under contracts on the entrustment of business deposits (供託委託契約), granted on the application of one that seeks to carry on that business.
Short name set inArticle 35-4, paragraph (1)· applies only in this chapter
designated entrusted institution
「指定受託機関」
A body designated under Article 18-3, paragraph (4) to act as the entrusted party under contracts on the entrustment of business deposits (供託委託契約) that protect the advance payments licensed installment sellers have received.
Short name set inArticle 35-5, paragraph (1), item (vii), (d)