# 金融商品取引法 / Financial Instruments and Exchange Act — 第百五十六条の五 (Article 156-5) - Law: 金融商品取引法 (Financial Instruments and Exchange Act), 昭和二十三年法律第二十五号 - English title "Financial Instruments and Exchange Act": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第百五十六条の五 (Article 156-5)（免許の拒否等） — address `art-156-5` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-156-5 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第百五十六条の五（免許の拒否等） — (Refusal to Grant a License) caption: Ministry of Justice translation — Japanese Law Translation Database System art-156-5 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5 · https://japanlaw.org/l/323AC0000000025/art-156-5 **第一項** 内閣総理大臣は、第百五十六条の三第一項の規定による免許の申請があつた場合において、その免許を与えることが適当でないと認めるときは、免許申請者に通知して、当該職員をして審問を行わせなければならない。 art-156-5/par-1 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-5/par-1 If a license application under the provisions of Article 156-3, paragraph (1) is filed and the Prime Minister finds it inappropriate to grant that license, the Prime Minister must notify the license applicant and have the relevant officials conduct a hearing. Ministry of Justice translation — Japanese Law Translation Database System **第二項** 内閣総理大臣が、第百五十六条の二の免許を与えることとし、又はこれを与えないこととした場合においては、遅滞なく、その旨を書面により免許申請者に通知しなければならない。 art-156-5/par-2 · https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-5/par-2 · https://japanlaw.org/l/323AC0000000025/art-156-5/par-2 Upon deciding to grant or not to grant the license referred to in Article 156-2, the Prime Minister must notify the license applicant of this in writing without delay. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-156-5/par-1: 第百五十六条の三第一項 → 金融商品取引法 第百五十六条の三第一項 (Article 156-3, paragraph (1)), art-156-3/par-1 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-3/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-3/par-1 - art-156-5/par-2: 第百五十六条の二 → 金融商品取引法 第百五十六条の二 (Article 156-2), art-156-2 — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-2 · https://japanlaw.org/l/323AC0000000025/art-156-2 ## Cited by 2 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第百五十六条の二十二第一項（内閣府令への委任） — https://japanlaw.org/en/financial-instruments-and-exchange-act/art-156-22/par-1 · https://japanlaw.org/l/323AC0000000025/art-156-22/par-1 - 金融商品取引法 附則第百三十五条第一項 — https://japanlaw.org/en/financial-instruments-and-exchange-act/suppl-4181-65/art-135/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-135/par-1 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 金融商品取引法 — the text in force from 2026-08-12 (https://laws.e-gov.go.jp/law/323AC0000000025/20260812_508AC0000000064), retrieved 2026-10-22 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Financial Instruments and Exchange Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/4633/tb), retrieved 2026-10-22 - This site's parser, version 212 — 金融商品取引法 — structure, counts, cross-references and defined terms, computed 2026-10-22