Pursuant to the provisions of its business rules, a financial instruments clearing organization may assume, novate, or bear in other ways the obligations of a person other than a business counterparty to financial instruments obligation assumption services (meaning a business counterparty to financial instruments obligation assumption services as defined in Article 2, paragraph (28); hereinafter the same applies in this paragraph) based on a subject transaction (meaning a subject transaction as defined in Article 2, paragraph (28); hereinafter the same applies in this Chapter) conducted by a person other than a business counterparty to financial instruments obligation assumption services, on a regular basis.
金融商品取引清算機関は、業務方法書の定めるところにより、金融商品債務引受業対象業者（第二条第二十八項に規定する金融商品債務引受業対象業者をいう。以下この項において同じ。）以外の者を相手方として、金融商品債務引受業対象業者以外の者が行う対象取引（同条第二十八項に規定する対象取引をいう。以下この章において同じ。）に基づく債務を、引受け、更改その他の方法により負担することを業として行うことができる。
A financial instruments clearing organization may not conduct business other than financial instruments obligation assumption services, etc. and business incidental to the services; provided, however, that this does not apply if the financial instruments clearing organization obtains the approval of the Prime Minister pursuant to the provisions of Cabinet Office Order, for business related to financial instruments obligation assumption services or commodity transaction debt assumption services, etc. (meaning commodity transaction debt assumption services, etc. as defined in Article 170, paragraph (2) of the Commodity Derivatives Transaction Act; the same applies hereinafter) and business incidental thereto which is found to carry no risk of compromising the financial instruments clearing organization's proper and reliable performance of financial instruments obligation assumption services.
金融商品取引清算機関は、金融商品債務引受業等及びこれに附帯する業務のほか、他の業務を行うことができない。ただし、金融商品債務引受業に関連する業務又は商品取引債務引受業等（商品先物取引法第百七十条第二項に規定する商品取引債務引受業等をいう。以下同じ。）及びこれに附帯する業務で、当該金融商品取引清算機関が金融商品債務引受業を適正かつ確実に行うにつき支障を生ずるおそれがないと認められるものについて、内閣府令で定めるところにより、内閣総理大臣の承認を受けたときは、この限りでない。
If a financial instruments clearing organization discontinues the business for which it has obtained the approval referred to in the proviso to the preceding paragraph, it must notify the Prime Minister of this pursuant to the provisions of Cabinet Office Order.
金融商品取引清算機関は、前項ただし書の承認を受けた業務を廃止したときは、内閣府令で定めるところにより、その旨を内閣総理大臣に届け出なければならない。
The Prime Minister may attach conditions to the approval referred to in the proviso to paragraph (2).
内閣総理大臣は、第二項ただし書の承認に条件を付することができる。
The conditions referred to in the preceding paragraph must constitute the minimum level of conditions that are necessary for the public interest and the protection of investors.
前項の条件は、公益又は投資者保護のため必要な最小限度のものでなければならない。
Read this with the articles around it
(Restriction on Business)
Pursuant to the provisions of its business rules, a financial instruments clearing organization may assume, novate, or bear in other ways the obligations of a person other than a business…
金融商品取引清算機関は、業務方法書の定めるところにより、金融商品債務引受業対象業者（第二条第二十八項に規定する金融商品債務引受業対象業者をいう。以下この項において同じ。）以外の者を相手方として…
Open this provision(Restriction on Business)
A financial instruments clearing organization may not conduct business other than financial instruments obligation assumption services, etc. and business incidental to the services; provided, however…
金融商品取引清算機関は、金融商品債務引受業等及びこれに附帯する業務のほか、他の業務を行うことができない。ただし、金融商品債務引受業に関連する業務又は商品取引債務引受業等（商品先物取引法第百七十条第二項に規定する商品取引債務引受業等をいう。以下同じ。）及びこれに附帯する業務で…
Open this provision(Restriction on Business)
The Prime Minister may attach conditions to the approval referred to in the proviso to paragraph (2).
内閣総理大臣は、第二項ただし書の承認に条件を付することができる。
Open this provision(Definitions)
The term "financial instruments obligation assumption service" as used in this Act means taking over, novating, or in any other way bearing, on a regular basis…
この法律において「金融商品債務引受業」とは、金融商品取引業者、登録金融機関又は証券金融会社（以下この項において「金融商品債務引受業対象業者」という。）を相手方として、金融商品債務引受業対象業者が行う対象取引（有価証券の売買若しくはデリバティブ取引（取引の状況及び我が国の資本市場に与える影響その他の事情を勘案し、公益又…
Open this provisionfinancial instruments obligation assumption servicemachine translation
「金融商品債務引受業」
Carrying on as a business taking on, by assumption, novation or other means, the obligations under subject transactions (対象取引) of financial instruments business operators, registered financial institutions or securities finance companies, with them as counterparties; subject transactions are purchases and sales of securities and derivatives transactions, other than those a Cabinet Order (政令) excludes, and transactions incidental or related to them that a Cabinet Order specifies.
Defined inArticle 2, paragraph (28)· applies throughout the law
financial 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
financial instruments obligation assumption services, etc.
「金融商品債務引受業等」
Financial instruments obligation assumption service (金融商品債務引受業), together with the business under Article 156-6, paragraph (1) of taking on obligations under subject transactions (対象取引) of persons other than financial instruments business operators, registered financial institutions and securities finance companies, as a clearing organization's operational rules provide.
Short name set inArticle 156-3, paragraph (1), item (vi)
subject transaction
「対象取引」
A purchase and sale of securities or a derivatives transaction, other than those a Cabinet Order (政令) excludes, or a transaction a Cabinet Order specifies as incidental or related to one — the transactions whose obligations a financial instruments clearing organization (金融商品取引清算機関) takes on, as Article 2, paragraph (28) defines them.
Defined inArticle 156-6, paragraph (1)· applies only in this chapter
business counterparty to financial instruments obligation assumption servicesmachine translation
「金融商品債務引受業対象業者」
A financial instruments business operator (金融商品取引業者), registered financial institution (登録金融機関) or securities finance company (証券金融会社): the counterparties whose obligations under subject transactions (対象取引) financial instruments obligation assumption service (金融商品債務引受業) takes on.
Defined inArticle 156-6, paragraph (1)· applies only in this paragraph
commodity transaction debt assumption services, etc.machine translation
「商品取引債務引受業等」
Commodity transaction debt assumption services, etc. as defined in Article 170, paragraph (2) of the Commodity Derivatives Transaction Act — assuming obligations arising from transactions on a commodity market, and assuming obligations from over-the-counter commodity derivatives transactions with clearing participants — which a financial instruments clearing organization (金融商品取引清算機関) may also carry on with the Prime Minister's approval.
Defined inArticle 156-6, paragraph (2)
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.