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Article 125-3Prohibited Acts of Directors, etc.

第百二十五条の三(理事の禁止行為等)

A director must not, for the purpose of benefiting themselves or a third party other than the National Pension Fund, engage in an act specified by Order of the Ministry of Health, Labour and Welfare as one that impairs the proper management and investment of the reserve fund.

理事は、自己又は当該基金以外の第三者の利益を図る目的をもつて、積立金の管理及び運用の適正を害するものとして厚生労働省令で定める行為をしてはならない。

A National Pension Fund may, as specified by the articles of association, replace a director who has violated the preceding paragraph, upon a resolution of the board of delegates.

基金は、前項の規定に違反した理事を、規約の定めるところにより、代議員会の議決を経て、交代させることができる。

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