If a foreign financial instruments exchange falls under any of the following items, the authorization under Article 155, paragraph (1) ceases to be effective:
it comes to have no participants in the foreign financial instruments exchange that conducts foreign market transactions;
外国市場取引を行う外国金融商品取引所参加者がなくなつたとき。
it closes all the foreign financial instruments markets where foreign market transactions are conducted; and
it is dissolved.
解散したとき。
If authorization ceases to be valid pursuant to the provisions of the preceding paragraph, the domestic representative or the former domestic representative of the foreign financial instruments exchange must notify the Prime Minister of that fact without delay.
前項の規定により認可が失効したときは、その国内における代表者又は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。
Read this with the articles around it
(Lapse of Authorization)
If a foreign financial instruments exchange falls under any of the following items, the authorization under Article 155, paragraph (1) ceases to be effective:
外国金融商品取引所が次の各号のいずれかに該当するときは、第百五十五条第一項の認可は、効力を失う。
Open this provision(Authorization)
Notwithstanding the provisions of Article 29 and Article 80, paragraph (1), with the authorization of the Prime Minster, the operator of a foreign financial instruments market may allow the persons…
外国金融商品市場を開設する者は、第二十九条及び第八十条第一項の規定にかかわらず、内閣総理大臣の認可を受けて、その使用する電子情報処理組織と次に掲げる者の使用に係る入出力装置（以下「外国金融商品取引所入出力装置」という。）とを接続することにより…
Open this provisionforeign financial instruments market
「外国金融商品市場」
A market located in a foreign state that is similar to a financial instruments exchange market (取引所金融商品市場).
Defined inArticle 2, paragraph (8), item (iii), (b)
foreign financial instruments exchange
「外国金融商品取引所」
An operator of a foreign financial instruments market (外国金融商品市場) authorized by the Prime Minister under Article 155, paragraph (1) to let financial instruments business operators or registered financial institutions trade on its market through input and output devices connected to its electronic data processing system.
Defined inArticle 2, paragraph (26)· applies throughout the law
foreign market transaction
「外国市場取引」
A purchase and sale of securities or a foreign market derivatives transaction (外国市場デリバティブ取引) carried out on a foreign financial instruments market using input and output devices connected to a foreign financial instruments exchange (外国金融商品取引所).
Short name set inArticle 155-2, paragraph (1), item (vi)
participant in a foreign financial instruments exchangemachine translation
「外国金融商品取引所参加者」
A person that carries out purchases and sales of securities and foreign market derivatives transactions on a foreign financial instruments market using input and output devices connected to a foreign financial instruments exchange (外国金融商品取引所入出力装置).
Defined inArticle 155-2, paragraph (1), item (vi)
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.