If a licensed installment seller comes to fall under the provisions of Article 15, paragraph (1), item (iii), the Minister of Economy, Trade and Industry must order that licensed installment seller not to conclude a contract for prepaid installment sales; provided, however, that this does not apply if the protection of purchasers would be compromised by that order.
経済産業大臣は、許可割賦販売業者が第十五条第一項第三号の規定に該当することとなつたときは、当該許可割賦販売業者に対し、前払式割賦販売の契約を締結してはならない旨を命じなければならない。ただし、その命令をすることによつて購入者の保護に欠けることとなる場合は、この限りでない。
If the Minister of Economy, Trade and Industry issues an order under the provisions of the preceding paragraph and the licensed installment seller comes to no longer fall under the requirements referred to in that order within six months, the minister must rescind that order.
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prepaid installment sales
「前払式割賦販売」
An installment sale (割賦販売) under Article 2, paragraph (1), item (i) in which the seller receives all or part of the price of designated goods (指定商品) in two or more payments before delivering them — a business that needs a license from the Minister of Economy, Trade and Industry.
Short name set inArticle 11, paragraph (1)
licensed installment seller
「許可割賦販売業者」
A person licensed by the Minister of Economy, Trade and Industry under Article 11 to carry on prepaid installment sales (前払式割賦販売) as a business.
Short name set inArticle 15, paragraph (1), item (viii), (c)