When the Prime Minister finds it necessary for the provision of the clearing services for interbank funds transfer in a proper and steady manner, the Prime Minister may order that clearing institution for interbank funds transfer to submit reports or materials that can be used as reference for its business or property, or have officials enter the business office, office or other facility of the clearing institution for interbank funds transfer, ask questions about the status of its business or property or inspect its books and documents or other items.
When the Prime Minister finds it particularly necessary for the provision of the clearing services for interbank funds transfer in a proper and steady manner, the Minister may, to the extent necessary for this, order a person to whom business has been entrusted by the clearing institution for interbank funds transfer (including persons to whom the service has been entrusted by the entrusted person (including multi-tier entrustment arrangements); hereinafter the same applies in this Article) to submit reports or materials that can be used as reference for the business or property of the clearing institution for interbank funds transfer, or have officials enter the facility of the person to whom business has been entrusted by the clearing institution for interbank funds transfer, ask questions about the status of the business or property of the clearing institution for interbank funds transfer or inspect its books and documents or other items.
A person to whom business has been entrusted by a clearing institution for interbank funds transfer referred to in the preceding paragraph may, if there are reasonable grounds, refuse the submission of reports or materials, or the questions or inspection under the provisions of that paragraph.