If it turned out that a clearing institution for interbank funds transfer already falls under any of the items of Article 66, paragraph (2) when it obtained a license referred to in Article 64, paragraph (1), the Prime Minister may revoke the license referred to in Article 64, paragraph (1).
The Prime Minister may, when a clearing institution for interbank funds transfer violates this Act or an order under this Act, or a disposition under this Act or the order, revoke the license referred to in Article 64, paragraph (1) or the approval referred to in the proviso to Article 69, paragraph (1), order suspension of all or part of the business of the clearing institution for interbank funds transfer by setting a period not exceeding six months, or order the clearing institution for interbank funds transfer to dismiss its company directors, etc.
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(Licenses for Clearing Institutions for Interbank Funds Transfers)
No person may provide clearing services for interbank funds transfers unless the person has obtained a license from the Prime Minister.
資金清算業は、内閣総理大臣の免許を受けた者でなければ、行ってはならない。
Open this provision(Criteria for Granting a License)
The Prime Minister must not grant a license when an applicant for a license falls under any of the following items, or a written application for license or its accompanying documents contain a false…
内閣総理大臣は、免許申請者が次の各号のいずれかに該当するとき、又は免許申請書若しくはその添付書類のうちに虚偽の記載があり、若しくは重要な事実の記載が欠けているときは、免許を与えてはならない。
Open this provision(Restriction on Business)
A clearing institution for interbank funds transfer must not engage in any business other than the clearing services for interbank funds transfer and business related thereto; provided, however…
資金清算機関は、資金清算業及びこれに関連する業務のほか、他の業務を行うことができない。ただし、当該資金清算機関が資金清算業を適正かつ確実に行うにつき支障を生ずるおそれがないと認められる業務について、内閣府令で定めるところにより、内閣総理大臣の承認を受けたときは、この限りでない。
Open this provisionclearing institution for interbank funds transfer
「資金清算機関」
A person licensed by the Prime Minister under Article 64, paragraph (1) to carry on clearing services for interbank funds transfer (資金清算業).
Defined inArticle 2, paragraph (24)· applies throughout the law
company director, etc.
「取締役等」
In Chapters IV and IV-2, the directors, company auditors (監査役), executive officers (執行役) or accounting advisors (会計参与) of a corporation, or its directors (理事) or auditors (監事) where it has those instead.
Defined inArticle 63-25, paragraph (2), item (v)· applies only in this chapter and in Chapter 4-2
Prime Minister
内閣総理大臣
The head of the Cabinet. Designated by the Diet from among its own members, and appointed by the Emperor on that designation (Articles 67 and 6). The Prime Minister appoints and may dismiss the other Ministers of State at will, and a majority of them must be members of the Diet (Article 68). No Minister of State can be subjected to legal action while in office without the Prime Minister's consent (Article 75).
Written by AI using Constitution, Arts. 6, 67, 68, 75 and Wikipedia: Prime Minister of Japan as a reference.