The Organization may, with the authorization of the Minister of Health, Labour and Welfare, take out long-term loans or issue property accumulation housing bonds in order to cover the expenses necessary for the operations listed in Article 70, paragraph (2), item (i).
機構は、第七十条第二項第一号に掲げる業務に必要な費用に充てるため、厚生労働大臣の認可を受けて、長期借入金をし、又は財形住宅債券を発行することができる。
When the Organization takes out short-term loans in order to cover the expenses necessary for the operations listed in Article 70, paragraph (2), item (i), it must obtain the authorization of the Minister of Health, Labour and Welfare, notwithstanding Article 45, paragraph (1) of the General Rules Act.
機構は、第七十条第二項第一号に掲げる業務に必要な費用に充てるため短期借入金をする場合には、通則法第四十五条第一項の規定にかかわらず、厚生労働大臣の認可を受けなければならない。
A creditor of property accumulation housing bonds under paragraph (1) has the right to receive payment of their claim in preference to other creditors out of the property of the Organization.
The order of statutory lien as set forth in the preceding paragraph is to be in the first subordinate position of priority to a general statutory lien pursuant to the provisions of the Civil Code (Act No. 89 of 1896).
前項の先取特権の順位は、民法(明治二十九年法律第八十九号)の規定による一般の先取特権に次ぐものとする。
The Organization may, with the authorization of the Minister of Health, Labour and Welfare, entrust all or part of the administrative work relating to taking out long-term loans to a financial institution specified by Order of the Ministry of Health, Labour and Welfare, and all or part of the administrative work relating to the issuance of property accumulation housing bonds to a bank, a trust company or a person who conducts financial instruments business.
The provisions of Article 705, paragraphs (1) and (2) and Article 709 of the Companies Act apply mutatis mutandis to a bank, trust company or person who conducts financial instruments business that has been entrusted with administrative work relating to the issuance of property accumulation housing bonds pursuant to the preceding paragraph.
会社法第七百五条第一項及び第二項並びに第七百九条の規定は、前項の規定により財形住宅債券の発行に関する事務について委託を受けた銀行、信託会社又は金融商品取引業を行う者について準用する。
In addition to what is provided for in the preceding paragraphs (excluding paragraph (2)), matters necessary concerning property accumulation housing bonds are specified by Cabinet Order.
Read this with the articles around it
the Organizationmachine translation
「機構」
The Organization for Workers' Retirement Allowance Mutual Aid (独立行政法人勤労者退職金共済機構), an incorporated administrative agency, throughout this Act except Articles 56 and 57.
Short name set inArticle 2, paragraph (3)· applies from here on, except in Articles 56 and 57
General Rules Actmachine translation
「通則法」
Short name for the Act on General Rules for Incorporated Administrative Agencies (Act No. 103 of 1999).
Short name set inArticle 57, paragraph (1)
financial instruments businessmachine translation
「金融商品取引業」
In Article 69-4, paragraph (3), item (i) and Article 75-2, paragraphs (5) and (6), a financial instruments business as defined in Article 2, paragraph (8) of the Financial Instruments and Exchange Act.
Defined inArticle 69-4, paragraph (3), item (i)· applies only in this provision and in Article 75-2, paragraphs (5) and (6)