In addition to performing the acts under the provisions of the Act on Special Measures for the Reorganization Proceedings of Financial Institutions, if a fund finds it to be necessary in order to preserve the fulfillment of a claim that a general customer has against a financial instruments business operator that is the subject of a notice (limited to a claim involving the customer assets of that general customer), the fund has, to the extent necessary, the authority to perform any and all judicial and non-judicial acts that are necessary for preserving the fulfillment of that claim on behalf of that general customer.
基金は、金融機関等の更生手続の特例等に関する法律の規定による行為を行うほか、一般顧客が通知金融商品取引業者に対して有する債権(当該一般顧客の顧客資産に係るものに限る。)の実現を保全するために必要があると認めるときは、その必要の限度において、当該一般顧客のため、当該債権の実現を保全するために必要な一切の裁判上又は裁判外の行為を行う権限を有する。
A fund must be sincere and fair in its performance of the acts referred to in the preceding paragraph on behalf of a general customer.
A fund must perform the acts set forth in paragraph (1) for general customers with the due care of a prudent manager.
Before performing a judicial pursuant to the provisions of paragraph (1), a fund must notify the general customer that the fund represents in that act, of the content of the act.
A general customer that has received the notice under the provisions of the preceding paragraph may independently perform any judicial act to which that notice pertains by extinguishing the authority of representation of the fund by notifying the fund that the general customer extinguishes the authority of representation.
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(Preservation of the Claims of General Customers)
In addition to performing the acts under the provisions of the Act on Special Measures for the Reorganization Proceedings of Financial Institutions, if a fund finds it to be necessary in order to…
基金は、金融機関等の更生手続の特例等に関する法律の規定による行為を行うほか、一般顧客が通知金融商品取引業者に対して有する債権(当該一般顧客の顧客資産に係るものに限る。)の実現を保全するために必要があると認めるときは、その必要の限度において、当該一般顧客のため…
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Before performing a judicial pursuant to the provisions of paragraph (1), a fund must notify the general customer that the fund represents in that act, of the content of the act.
基金は、第一項の規定により裁判上の行為をする場合には、当該行為により代理する一般顧客に対し、あらかじめ当該行為の内容を通知しなければならない。
Open this provisiongeneral customer
「一般顧客」
In Chapter 4-2, a customer of the head office or another office in Japan of a financial instruments business operator (金融商品取引業者) that carries on securities-related business (有価証券関連業) or commodity derivatives-related business (商品デリバティブ取引関連業務), who carries out covered securities-related transactions (対象有価証券関連取引) or covered commodity derivatives-related transactions (対象商品デリバティブ取引関連取引) with it, other than qualified institutional investors (適格機関投資家), the State, local governments and others a Cabinet Order (政令) specifies.
Defined inArticle 79-20, paragraph (1)· applies only in this chapter
customer assets
「顧客資産」
In Chapter IV-2 on investor protection funds (投資者保護基金), the money, securities and other property listed in Article 79-20, paragraph (3) that a financial instruments business operator holds for its general customers (一般顧客): what they deposit with it under Articles 119 and 161-2, and the money, securities and commodities on their account or deposited by them in connection with its securities-related business (有価証券関連業) or commodity derivatives transaction-related business (商品デリバティブ取引関連業務), each within the limits and exclusions that paragraph sets, and anything else a Cabinet Order (政令) specifies.
Defined inArticle 79-20, paragraph (3)· applies only in this chapter
fund
「基金」
An investor protection fund (投資者保護基金): a body that protects investors by making payments to general customers under Article 79-56, paragraph (1) and carrying on its other business, so as to maintain confidence in securities transactions and commodity-related market derivatives transactions.
Short name set inArticle 79-21, paragraph (1)· applies only in this chapter
financial instruments business operator that is the subject of a noticemachine translation
「通知金融商品取引業者」
A financial instruments business operator (金融商品取引業者) about which its investor protection fund (基金) has received a notice under Article 79-53, paragraph (1) or paragraphs (3) to (5) — paragraph (1) covers, for example, the cancellation of its registration or a petition for bankruptcy — and about which the fund must find whether it will have difficulty smoothly meeting its obligations to return customer assets (顧客資産).
Short name set inArticle 79-54, paragraph (1)