# 金融商品取引法 / Financial Instruments and Exchange Act — 第七十九条の五十四 (Article 79-54) - 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: 第七十九条の五十四 (Article 79-54)（弁済困難の認定） — address `art-79-54` - Text in force since: 2026-08-12 - URL (the page that opens at this provision): https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-54 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/323AC0000000025/art-79-54 - 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. --- ### 第七十九条の五十四（弁済困難の認定） — (Difficulty in Payment) caption: Ministry of Justice translation — Japanese Law Translation Database System art-79-54 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-54 · https://japanlaw.org/l/323AC0000000025/art-79-54 **第一項** 基金は、前条第一項又は第三項から第五項までの規定による通知を受けた場合には、投資者の保護に欠けるおそれがないことが明らかであると認められるときを除き、当該通知に係る金融商品取引業者（以下「通知金融商品取引業者」という。）につき、顧客資産の返還に係る債務の円滑な履行が困難であるかどうかの認定を、遅滞なく、行わなければならない。 art-79-54/par-1 · https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-54/par-1 · https://japanlaw.org/l/323AC0000000025/art-79-54/par-1 If a fund receives a notice under the provisions of paragraph (1) or paragraphs (3) through (5) of the preceding Article, it must, without delay, reach a finding as to whether it is difficult for the financial instruments business operator to which the notice pertains (hereinafter referred to as a "financial instruments business operator that is the subject of a notice") to smoothly perform its obligations in connection with the refunding of customer assets, unless it is found to be clearly unlikely that not reaching such a finding would result in insufficient investor protection. Ministry of Justice translation — Japanese Law Translation Database System --- ## Cites - art-79-54/par-1: 前条第一項 → 金融商品取引法 第七十九条の五十三第一項 (Article 79-53, paragraph (1)), art-79-53/par-1 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-53/par-1 · https://japanlaw.org/l/323AC0000000025/art-79-53/par-1 - art-79-54/par-1: 第三項から第五項まで → 金融商品取引法 第七十九条の五十三第三項 (Article 79-53, paragraph (3)), art-79-53/par-3 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-53/par-3 · https://japanlaw.org/l/323AC0000000025/art-79-53/par-3 - art-79-54/par-1: 第三項から第五項まで → 金融商品取引法 第七十九条の五十三第四項 (Article 79-53, paragraph (4)), art-79-53/par-4 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-53/par-4 · https://japanlaw.org/l/323AC0000000025/art-79-53/par-4 - art-79-54/par-1: 第三項から第五項まで → 金融商品取引法 第七十九条の五十三第五項 (Article 79-53, paragraph (5)), art-79-53/par-5 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-53/par-5 · https://japanlaw.org/l/323AC0000000025/art-79-53/par-5 ## Cited by 5 provisions cite this one. No official source publishes this direction. - 金融商品取引法 第七十九条の二十八第二項（脱退等） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-28/par-2 · https://japanlaw.org/l/323AC0000000025/art-79-28/par-2 - 金融商品取引法 第七十九条の四十五第二項第一号（運営審議会） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-45/par-2/item-1 · https://japanlaw.org/l/323AC0000000025/art-79-45/par-2/item-1 - 金融商品取引法 第七十九条の五十五第一項（認定の公告） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/art-79-55/par-1 · https://japanlaw.org/l/323AC0000000025/art-79-55/par-1 - 金融商品取引法 附則第九十三条第一項 — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4181-65/art-93/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4181-65/art-93/par-1 - 金融商品取引法 附則第四条第一項（委託者保護基金に関する経過措置） — https://japanlaw.org/ja/financial-instruments-and-exchange-act/suppl-4241-86/art-4/par-1 · https://japanlaw.org/l/323AC0000000025/suppl-4241-86/art-4/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