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Article 60-4Acting Representatives

第六十条の四(職務代行者)

If there is a vacant position for the domestic representative of a foreign securities services provider that has obtained the permission referred to in Article 60, paragraph (1) (hereinafter referred to as an "authorized firm for on-exchange transactions"), and the Prime Minister finds it to be necessary, the Prime Minister may appoint a person to temporarily perform the duties of the domestic representative (referred to as the "acting representative" in the following paragraph). In such a case, the authorized firm for on-exchange transactions must register that person in connection with the domicile of the domestic representative from before the position of domestic representative became vacant.

内閣総理大臣は、第六十条第一項の許可を受けた外国証券業者(以下「取引所取引許可業者」という。)の国内における代表者が欠けた場合において、必要があると認めるときは、一時その職務を行うべき者(次項において「職務代行者」という。)を選任することができる。この場合において、当該取引所取引許可業者は、国内における代表者が欠ける前における当該国内における代表者の住所地において、その登記をしなければならない。

If the Prime Minister appoints an acting representative pursuant to the provisions of the preceding paragraph, the Prime Minister may order the authorized firm for on-exchange transactions to pay a reasonable amount of remuneration to the acting representative.

内閣総理大臣は、前項の規定により職務代行者を選任したときは、取引所取引許可業者に対し、当該職務代行者に相当額の報酬を支払うべき旨を命ずることができる。

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