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Article 135Authorization for Dissolution

第百三十五条(解散の認可)

The following particulars do not come become effective without the authorization of the Prime Minister:

次に掲げる事項は、内閣総理大臣の認可を受けなければ、その効力を生じない。

a general meeting resolution to dissolve a financial instruments exchange; and

金融商品取引所の解散についての総会の決議

a merger in which financial instruments exchanges constitute all or part of the parties (excluding a merger referred to in Article 140, paragraph (1)).

金融商品取引所を全部又は一部の当事者とする合併(第百四十条第一項の合併を除く。)

If a financial instruments exchange is dissolved for any of the following reasons, its former representative must notify the Prime Minister of this without delay:

金融商品取引所が次に掲げる事由により解散したときは、その代表者であつた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。

the occurrence of a cause of dissolution specified in the articles of incorporation;

定款で定めた解散の事由の発生

the number of members falls to five or below; or

会員の数が五以下となつたこと。

a judicial decision ordering dissolution.

解散を命ずる裁判

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