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Article 125-4Restriction on the President's Authority of Representation

第百二十五条の四(理事長の代表権の制限)

With regard to a matter in which the interests of the National Pension Fund and the president (including a person who acts on behalf of the president or performs the president's duties under Article 125, paragraph (1); the same applies hereinafter in this Article) conflict, the president does not have the authority of representation. In this case, an auditor elected from among persons having knowledge and experience represents the National Pension Fund.

基金と理事長(第百二十五条第一項の規定により理事長の職務を代理し、又はその職務を行う者を含む。以下この条において同じ。)との利益が相反する事項については、理事長は、代表権を有しない。この場合においては、学識経験を有する者のうちから選任された監事が基金を代表する。

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