If a financial instruments clearing organization makes provisions in its business rules for a clearing deposit (meaning money or other property (limited to that which is specified by Cabinet Office Order) deposited with a financial instruments clearing organization by a clearing member as collateral against the performance of obligations; hereinafter the same applies in this Article), and a clearing member causes damage to the financial instruments clearing organization by defaulting on an obligation, the financial instruments clearing organization that incurs the damage has the right to receive payment from the clearing deposit that has been deposited by the clearing member that caused the damage, in preference over other creditors
金融商品取引清算機関が業務方法書で清算預託金（清算参加者が金融商品取引清算機関に対し債務の履行を担保するために預託する金銭その他の財産（内閣府令で定めるものに限る。）をいう。以下この条において同じ。）を定めている場合において、清算参加者が債務の不履行により金融商品取引清算機関に対し損害を与えたときは、その損害を受けた金融商品取引清算機関は、その損害を与えた清算参加者の清算預託金について、他の債権者に先立ち弁済を受ける権利を有する。
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(Clearing Deposits)
If a financial instruments clearing organization makes provisions in its business rules for a clearing deposit (meaning money or other property (limited to that which is specified by Cabinet Office…
金融商品取引清算機関が業務方法書で清算預託金（清算参加者が金融商品取引清算機関に対し債務の履行を担保するために預託する金銭その他の財産（内閣府令で定めるものに限る。）をいう。以下この条において同じ。）を定めている場合において、清算参加者が債務の不履行により金融商品取引清算機関に対し損害を与えたときは…
Open this provisionfinancial instruments clearing organization
「金融商品取引清算機関」
A person carrying on financial instruments obligation assumption service (金融商品債務引受業) under a licence from the Prime Minister under Article 156-2 or an approval under Article 156-19, paragraph (1).
Defined inArticle 2, paragraph (29)· applies throughout the law
clearing member
「清算参加者」
A person a financial instruments clearing organization takes as a counterparty in its financial instruments obligation assumption business (金融商品債務引受業), whose requirements its business rules (業務方法書) must set out.
Short name set inArticle 156-7, paragraph (2), item (iii)
clearing deposit
「清算預託金」
In Article 156-11, money or other property (of the kinds a Cabinet Office Order (内閣府令) sets) that a clearing member (清算参加者) deposits with a financial instruments clearing organization to secure performance of its obligations.
Defined inArticle 156-11, paragraph (1)· applies only in this article