Article 54Rescission of Designation based on the non-commencement or suspension of business
第五十四条(事業の不開始又は休止に基づく指定の取消し)
If, in addition to a case in which a Designation is rescinded pursuant to the provisions of Article 62, paragraph (2), a Designated Guarantee Agency does not commence an Earnest Money Guarantee Business within three months from the date on which it obtains a Designation or suspends said Earnest Money Guarantee Business for a continuous period of three or more months, the Minister of Land, Infrastructure, Transport and Tourism may rescind the Designation of said Designated Guarantee Agency.
The provisions of Article 16-15, paragraphs (3) through (5), apply mutatis mutandis to any hearing pertaining to a disposition under the preceding paragraph.
第十六条の十五第三項から第五項までの規定は、前項の規定による処分に係る聴聞について準用する。