ja-jp	第百十三条　株式会社金融商品取引所は、業務規程の定めるところにより、次に掲げる者に当該株式会社金融商品取引所の開設する取引所金融商品市場における有価証券の売買及び市場デリバティブ取引（第二号に掲げる者にあつては、登録金融機関業務に係る取引に限る。）を行うための取引資格を与えることができる。
en-us	Article 113 (1) A Stock Company-Operated Financial Instruments Exchange, in accordance with the operational rules, may grant a person set forth in one of the following a trading license for engaging in the purchase and sale of Securities and Market Transactions of Derivatives on the Financial Instruments Exchange Market operated by that Stock Company-Operated Financial Instruments Exchange (for a person as set forth in item (ii), this is limited to transactions involving the services of a registered financial institution):

ja-jp	一　金融商品取引業者及び取引所取引許可業者
en-us	(i) a Financial Services Provider or Authorized Operator for On-Exchange Transactions; and

ja-jp	二　登録金融機関
en-us	(ii) a registered financial institution.

ja-jp	２　第九十四条及び第九十五条の規定は、前項の規定により取引資格を与えられた者について準用する。この場合において、第九十四条中「定款」とあるのは「業務規程」と、「金融商品会員制法人」とあるのは「株式会社金融商品取引所」と、「脱退する」とあるのは「取引資格を喪失する」と、第九十五条中「脱退する」とあるのは「取引資格を喪失する」と、同条第一号中「金融商品取引業者等」とあるのは「第百十三条第一項各号に掲げる者」と、同条第三号中「除名」とあるのは「取引資格の取消し」と読み替えるものとする。
en-us	(2) The provisions of Articles 94 and 95 apply mutatis mutandis to a person that is granted a trading license pursuant to the provisions of the preceding paragraph. In this case, in Article 94, the term "articles of incorporation" is deemed to be replaced with "operational rules", the term "Financial Instruments Incorporated Association" is deemed to be replaced with "Stock Company-Operated Financial Instruments Exchange", and the term "withdraw" is deemed to be replaced with "forfeit its trading license"; in Article 95 the term "withdraw" is deemed to be replaced with "forfeit its trading license"; in Article 95, item (i), the term "Financial Instruments Transaction Services Provider, etc." is deemed to be replaced with "person set forth in one of the items of Article 113, paragraph (1)"; and in Article 95, item (iii), the term "expulsion" is deemed to be replaced with "rescission of its trading license".

ja-jp	第百十四条　会員等は、定款（株式会社金融商品取引所にあつては、業務規程。次項、第三項、次条第一項（第百十九条第六項において準用する場合を含む。）、第百十六条第一項（第百三十二条において準用する場合を含む。）及び第百十九条第一項において同じ。）の定めるところにより、金融商品取引所に対し、信認金を預託しなければならない。
en-us	Article 114 (1) A Member, etc. shall deposit guarantee funds with a Financial Instruments Exchange, in accordance with the articles of incorporation (or the operational rules, if this is a Stock Company-Operated Financial Instruments Exchange; hereinafter the same applies in the following paragraph and paragraph (3) of this Article, paragraph (1) of the following Article (including as applied mutatis mutandis pursuant to Article 119, paragraph (6)), Article 116, paragraph (1) (including as applied mutatis mutandis pursuant to Article 132), and Article 119, paragraph (1)).

ja-jp	２　信認金は、定款の定めるところにより、有価証券をもつて充てることができる。
en-us	(2) Securities may serve as guarantee funds, pursuant to the provisions of the articles of incorporation.

ja-jp	３　金融商品取引所は、その定款において、信認金の運用方法を定めなければならない。
en-us	(3) A Financial Instruments Exchange must specify how guarantee funds are managed in its articles of incorporation.

ja-jp	４　会員等に対して取引所金融商品市場における有価証券の売買又は市場デリバティブ取引の委託をした者は、その委託により生じた債権に関し、当該会員等の信認金について、他の債権者に先立ち弁済を受ける権利を有する。
en-us	(4) A person that entrusts a Member, etc. with the purchase and sale of Securities or a Market Transaction of Derivatives on a Financial Instruments Exchange Market has the right to receive payment of a claim arising due to that entrustment out of the guarantee funds of that Member, etc., in preference over other creditors.

ja-jp	（債務不履行による損害賠償）
en-us	(Damages Due to Default)

ja-jp	第百十五条　会員等が取引所金融商品市場における有価証券の売買又は市場デリバティブ取引に基づく債務の不履行により他の会員等、金融商品取引所又は金融商品取引清算機関（金融商品取引所の定款において定めたものに限る。）に対し損害を与えたときは、その損害を受けた会員等、金融商品取引所又は金融商品取引清算機関は、その損害を与えた会員等の信認金について、他の債権者に先立ち弁済を受ける権利を有する。
en-us	Article 115 (1) If a Member, etc. causes damage to another Member, etc. or to the Financial Instruments Exchange or Financial Instruments Clearing Organization (limited to one specified in the articles of incorporation of the Financial Instruments Exchange) due to a default on an obligation arising from a purchase and sale of Securities or a Market Transaction of Derivatives on the Financial Instruments Exchange Market, the Member, etc., Financial Instruments Exchange, or Financial Instruments Clearing Organization that incurs the damage has the right to receive payment out of the guarantee funds of the Member, etc. that causes that damage, in preference over other creditors.

ja-jp	２　前条第四項の規定による取引所金融商品市場における有価証券の売買又は市場デリバティブ取引の委託者の優先権は、前項の優先権に対し、優先の効力を有する。
en-us	(2) The right of priority of a person that entrusts a person with a purchase and sale of Securities or a Market Transaction of Derivatives on a Financial Instruments Exchange Market under paragraph (4) of the preceding Article prevails over the right of priority under the preceding paragraph.

ja-jp	（取引資格の喪失等に伴う取引の結了）
en-us	(Completion of Transactions Incidental to the Forfeiture of a Trading License)

ja-jp	第百十六条　会員等が脱退した場合（取引参加者にあつては、取引資格を喪失した場合）においては、金融商品取引所は、定款の定めるところにより、本人若しくはその一般承継人又は他の会員等に、その取引所金融商品市場においてした有価証券の売買及び市場デリバティブ取引を結了させなければならない。この場合においては、本人又はその一般承継人は、これらの取引の結了の目的の範囲内において、なお会員等とみなす。
en-us	Article 116 (1) If a Member, etc. withdraws from a Financial Instruments Exchange (or if a Trading Participant forfeits its trading license), the Financial Instruments Exchange, in accordance with the articles of incorporation, must have the former Member, etc., its general successor, or another Member, etc. complete the purchase and sales of Securities and Market Transactions of Derivatives being conducted by the former Member, etc. on the Financial Instruments Exchange Market. In such a case, the former Member, etc. or its general successor is deemed to still be a Member, etc. inasmuch as the task of completing such transactions is concerned.

ja-jp	２　前項の規定により金融商品取引所が他の会員等に同項に規定する取引を結了させるときは、本人又はその一般承継人と他の会員等との間に、委任契約が成立していたものとみなす。
en-us	(2) If a Financial Instruments Exchange has another Member, etc. complete the transactions prescribed in the preceding paragraph pursuant to the provisions of that paragraph, a contract of mandate is deemed to have been established between the former Member, etc. or its general successor, and that other Member, etc.

ja-jp	（業務規程の記載事項）
en-us	(Particulars for Inclusion in the Operational Rules)

ja-jp	第百十七条　金融商品取引所は、その業務規程において、その開設する取引所金融商品市場ごとに、当該取引所金融商品市場における次に掲げる事項（会員金融商品取引所にあつては、第一号及び第二号を除く。）に関する細則を定めなければならない。
en-us	Article 117 A Financial Instruments Exchange must establish detailed regulations in respect of the following matters in connection with the Financial Instruments Exchange Markets it operates, for each of its Financial Instruments Exchange Markets (excluding items (i) and (ii), if it is an Incorporated Association-Operated Financial Instruments Exchange), in its operational rules:

ja-jp	一　取引参加者に関する事項
en-us	(i) the particulars of its Trading Participants;

ja-jp	二　信認金に関する事項
en-us	(ii) the particulars of guarantee funds;

ja-jp	三　取引証拠金に関する事項
en-us	(iii) the particulars of clearing margins;

ja-jp	四　有価証券の売買に係る有価証券の上場及び上場廃止の基準及び方法
en-us	(iv) the standards and methods for the listing and delisting of Securities subject to purchase and sales of Securities;

ja-jp	五　有価証券の売買又は市場デリバティブ取引の種類及び期限
en-us	(v) the type and period of purchase and sales of Securities or Market Transactions of Derivatives;

ja-jp	六　有価証券の売買又は市場デリバティブ取引の開始及び終了並びに停止
en-us	(vi) the starting, ending, and suspension of purchase and sales of Securities or Market Transactions of Derivatives;

ja-jp	七　有価証券の売買又は市場デリバティブ取引の契約の締結の方法
en-us	(vii) the process for concluding a contract for the purchase and sale of Securities or a Market Transaction of Derivatives;

ja-jp	八　有価証券の売買又は市場デリバティブ取引の受渡しその他の決済方法
en-us	(viii) delivery and other means of settlement for purchase and sales of Securities or Market Transactions of Derivatives; and

ja-jp	九　前各号に掲げる事項のほか、有価証券の売買又は市場デリバティブ取引に関し必要な事項
en-us	(ix) necessary particulars relevant to the purchase and sale of Securities or Market Transactions of Derivatives, other than the particulars set forth in the preceding items.

ja-jp	（特定取引所金融商品市場）
en-us	(Specified Financial Instruments Exchange Markets)

ja-jp	第百十七条の二　金融商品取引所は、業務規程の定めるところにより、その開設する取引所金融商品市場ごとに、会員等が特定投資家等以外の者（当該有価証券の発行者その他の内閣府令で定める者を除く。）の委託を受けて行う有価証券の買付け（次項において「一般投資家等買付け」という。）を禁止することができる。
en-us	Article 117-2 (1) For each Financial Instruments Exchange Market that a Financial Instruments Exchange operates, the Financial Instruments Exchange may prohibit Members, etc. from making purchases of Securities with which it has been entrusted by a person other than a Professional Investor, etc. (excluding the Issuer of the Securities or a person specified by Cabinet Office Ordinance) (such a purchase is referred to as a "Purchase for a General Investor" in the following paragraph), as prescribed by its operational rules.

ja-jp	２　前項の規定により一般投資家等買付けを禁止する場合において、金融商品取引所は、その業務規程において、前条各号に掲げる事項のほか、特定取引所金融商品市場に関し、次に掲げる事項を定めなければならない。
en-us	(2) If a Financial Instruments Exchange prohibits Purchases for General Investors pursuant to the provisions of the preceding paragraph, in addition to the matters set forth in the items of the preceding Article, it must make provisions in its operational rules for the following matters in connection with its Specified Financial Instruments Exchange Markets:

ja-jp	一　有価証券の売買の受託の制限に関する事項
en-us	(i) the particulars of limitations imposed on Members', etc. acceptance of requests to entrust them with the sale and purchase of Securities; and

ja-jp	二　特定上場有価証券の発行者が提供又は公表をすべき特定証券情報及び発行者情報の内容、提供又は公表の方法及び時期その他特定上場有価証券に係る情報の提供又は公表に関し必要な事項
en-us	(ii) the contents, and the means of provision or timing for the disclosure of the Specified Information on Securities and Information on the Issuer that an Issuer of Specified Listed Securities is required to provide or disclose, and necessary particulars otherwise relevant to the provision or disclosure of information on Specified Listed Securities.

ja-jp	第百十八条　金融商品取引所は、定款の定めるところにより、市場デリバティブ取引のため、第二条第二十四項第五号に掲げる標準物を設定することができる。
en-us	Article 118 (1) A Financial Instruments Exchange may use a standardized instrument as set forth in Article 2, paragraph (24), item (v) for Market Transactions of Derivatives, in accordance with the articles of incorporation.

ja-jp	２　前項の場合において、金融商品取引所は、標準物の条件その他の標準物の取引に関し必要な事項を、業務規程で定めなければならない。
en-us	(2) In the case referred to in the preceding paragraph, the Financial Instruments Exchange must make provisions in its operational rules for the conditions of the standardized instrument and necessary particulars otherwise relevant to transactions in standardized instruments.

ja-jp	（取引証拠金の預託）
en-us	(The Depositing of Clearing Margin)

ja-jp	第百十九条　金融商品取引所（その取引所金融商品市場における市場デリバティブ取引（内閣総理大臣の定めるものを除く。以下この条において同じ。）の全部又は一部に関し、他の金融商品取引清算機関に金融商品債務引受業を行わせる旨を定款で定めた場合にあつては、当該市場デリバティブ取引について金融商品債務引受業を行う金融商品取引清算機関。第四項において同じ。）は、市場デリバティブ取引について、内閣府令で定めるところにより、次の各号に掲げる場合の区分に応じ当該各号に定める者から、取引証拠金の預託を受けなければならない。
en-us	Article 119 (1) A Financial Instruments Exchange (or, if it is specified in the articles of incorporation that the Financial Instruments Exchange will have another Financial Instruments Clearing Organization perform Financial Instruments Debt Assumption Service with regard to the whole or part of the Market Transactions of Derivatives on its Financial Instruments Exchange Markets (excluding those designated by the Prime Minister; hereinafter the same applies in this Article), the Financial Instruments Clearing Organization that performs Financial Instruments Debt Assumption Services for Market Transactions of Derivatives; the same applies in paragraph (4)), pursuant to the provisions of Cabinet Office Ordinance, must receive a deposit of clearing margin for a Market Transaction of Derivatives from the person specified in the relevant of the following items for the category of cases set forth in that item:

ja-jp	一　会員等が自己の計算において市場デリバティブ取引を行う場合又は会員等がその受託した市場デリバティブ取引を第三項の規定に基づき委託証拠金の預託を受けて行う場合　当該会員等
en-us	(i) a Member, etc. conducts a Market Transaction of Derivatives on its own account; or a Member, etc. conducts a Market Transaction of Derivatives with which it has been entrusted, after receiving a deposit of customer margin based on the provisions of paragraph (3): the Member, etc.;

ja-jp	二　会員等がその受託した市場デリバティブ取引（会員等に対する市場デリバティブ取引の委託の取次ぎを引き受けた者（以下この条において「取次者」という。）から受託した当該市場デリバティブ取引（以下この条において「取次市場デリバティブ取引」という。）を除く。以下この号において同じ。）を行う場合（前号に掲げる場合を除く。）　当該市場デリバティブ取引の委託者（会員等に対して市場デリバティブ取引を委託した者であつて取次者でないものをいう。第三項において同じ。）
en-us	(ii) a Member, etc. conducts a Market Transaction of Derivatives with which it has been entrusted (excluding a Market Transaction of Derivatives with which the Member, etc. has been entrusted by a person that has undertaken brokerage (hereinafter referred to as a "Broker" in this Article) for entrusting a Market Transaction of Derivatives to that Member, etc. (hereinafter referred to as a "Brokered Market Transaction of Derivatives" in this Article; hereinafter the same applies in this item) (other than in a case specified in the preceding item): the person entrusting the Market Transaction of Derivatives (meaning the person that entrusts a Member, etc. with a Market Transaction of Derivatives, which is not a Broker; hereinafter the same applies in paragraph (3));

ja-jp	三　会員等が、次項の規定に基づき取次証拠金の預託を受けている取次者から受託した取次市場デリバティブ取引を行う場合（第一号に掲げる場合を除く。）　当該取次者
en-us	(iii) a Member, etc. conducts a Brokered Market Transaction of Derivatives with which it has been entrusted by a Broker that has received a deposit of brokerage margin based on the provisions of the following paragraph (other than in a case specified in item (i)): the Broker; or

ja-jp	四　会員等が取次市場デリバティブ取引を行う場合（第一号及び前号に掲げる場合を除く。）　当該取次市場デリバティブ取引の委託の取次ぎの申込みをした者（以下この条において「申込者」という。）
en-us	(iv) a Member, etc. conducts a Brokered Market Transaction of Derivatives (other than in a case specified in item (i) or the preceding item): the person that requested the Broker to broker the entrustment of the Brokered Market Transaction of Derivatives (hereinafter referred to as the "Applicant" in this Article).

ja-jp	２　取次者は、市場デリバティブ取引の委託の取次ぎの引受けについて、内閣府令で定めるところにより、申込者に、当該取次者に取次証拠金を預託させることができる。
en-us	(2) Pursuant to the provisions of Cabinet Office Ordinance, a Broker may have an Applicant deposit a brokerage margin with the Broker for undertaking to broker the entrustment of a Market Transaction of Derivatives.

ja-jp	３　会員等は、市場デリバティブ取引の受託について、内閣府令で定めるところにより、委託者又は取次者（当該市場デリバティブ取引が、前項の規定に基づく取次証拠金の預託を申込者から受けていない取次者から受託した取次市場デリバティブ取引である場合にあつては、申込者）に、当該会員等に委託証拠金を預託させることができる。
en-us	(3) Pursuant to the provisions of Cabinet Office Ordinance, a Member, etc. may have the person entrusting a Derivatives Transaction or the Broker (or the Applicant, if the Market Transaction of Derivatives falls under the category of a Brokered Market Transaction of Derivatives with which a Member, etc. is entrusted by a Broker that has not a deposit of brokerage margin from the Applicant based on the provisions of the preceding paragraph) deposit customer margin with the Member, etc. in connection with its becoming entrusted with a Market Transaction of Derivatives.

ja-jp	４　金融商品取引所は、内閣府令で定めるところにより、第一項の規定に基づき預託を受けた取引証拠金を管理しなければならない。
en-us	(4) A Financial Instruments Exchange must manage the clearing margin that has been deposited with it based on the provisions of paragraph (1) pursuant to the provisions of Cabinet Office Ordinance.

ja-jp	５　第一項の取引証拠金、第二項の取次証拠金及び第三項の委託証拠金は、内閣府令で定めるところにより、有価証券その他内閣府令で定めるものをもつて充てることができる。
en-us	(5) Securities and other instruments prescribed by Cabinet Office Ordinance may serve as the clearing margin referred to in paragraph (1), brokerage margin referred to in paragraph (2), and customer margin referred to in paragraph (3), pursuant to the provisions of Cabinet Office Ordinance.

ja-jp	６　第百十五条第一項の規定は、第一項の取引証拠金（内閣府令で定めるものに限る。）について準用する。この場合において、同条第一項中「有価証券の売買又は市場デリバティブ取引」とあるのは、「市場デリバティブ取引」と読み替えるものとする。
en-us	(6) The provisions of Article 115, paragraph (1) apply mutatis mutandis to the clearing margin referred to in paragraph (1) (limited to that which is specified by Cabinet Office Ordinance). In this case, in Article 115, paragraph (1), the phrase "purchase and sale of Securities or Market Transaction of Derivatives" is deemed to be replaced with "Market Transaction of Derivatives".

ja-jp	（臨時の取引所金融商品取引の開始等の届出）
en-us	(Notification of the Irregular or Temporary Start of an Exchange's Financial Instruments Transactions)

ja-jp	第百二十条　金融商品取引所は、その開設する取引所金融商品市場ごとに、有価証券の売買又は市場デリバティブ取引を臨時に開始し若しくは終了し、又は停止し若しくは停止を解除したときは、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 120 If a Financial Instruments Exchange has irregularly or temporarily opened, closed, or suspended the purchase and sale of Securities or Market Transactions of Derivatives or cancelled such a suspension, it must notify the Prime Minister of this, for each Financial Instruments Exchange Market operated by the Financial Instruments Exchange, without delay.

ja-jp	（上場の届出等）
en-us	(Notification of Listing)

ja-jp	第百二十一条　金融商品取引所は、有価証券をその売買のため又は金融商品等を市場デリバティブ取引のため上場しようとするときは、その上場しようとする取引所金融商品市場ごとに、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 121 If a Financial Instruments Exchange seeks to list Securities for purchase and sale or to list Financial Instruments, etc. for Market Transactions of Derivatives, it must notify the Prime Minister of this for each Financial Instruments Exchange Market on which it seeks to list them.

ja-jp	（上場の承認）
en-us	(Approval of Listing)

ja-jp	第百二十二条　株式会社金融商品取引所は、当該金融商品取引所が発行者である有価証券をその売買のため、又は当該有価証券、当該有価証券に係る金融指標若しくは当該有価証券に係るオプションを市場デリバティブ取引のために取引所金融商品市場その他政令で定める市場（当該金融商品取引所、当該金融商品取引所の子会社である金融商品取引所、当該金融商品取引所が総株主の議決権の保有基準割合以上の数の対象議決権を保有する金融商品取引所、当該金融商品取引所が総株主の議決権の保有基準割合以上の数の対象議決権を保有する者の子会社である金融商品取引所及び当該金融商品取引所を子会社とする金融商品取引所が開設する取引所金融商品市場を除く。）に上場しようとするときは、その上場しようとする取引所金融商品市場その他政令で定める市場ごとに、その上場について、内閣総理大臣の承認を受けなければならない。ただし、第百二十五条の規定による命令に基づき上場する場合は、この限りでない。
en-us	Article 122 (1) If a Financial Instruments Exchange Holding Company seeks to list the Securities issued by the Financial Instruments Exchange for purchase and sale, or to list such Securities, Financial Indicators connected to them or Options on them for the purpose of Market Transactions of Derivatives, on a Financial Instruments Exchange Market or on a market specified by Cabinet Order (other than a Financial Instruments Exchange Market operated by the relevant Financial Instruments Exchange, by a Financial Instruments Exchange that is the Subsidiary Company of the relevant Financial Instruments Exchange, by a Financial Instruments Exchange in which the relevant Financial Instruments Exchange holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, by a Financial Instruments Exchange that is the Subsidiary Company of a person in which the relevant Financial Instruments Exchange holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, or by a Financial Instruments Exchange that has the relevant Financial Instruments Exchange as its Subsidiary Company), it must obtain the approval of the Prime Minister for the listing, for each Financial Instruments Exchange Market or for each of the markets prescribed by Cabinet Order on which it seeks to list them; provided, however, that this does not apply if such listing is made based on an order under the provisions of Article 125.

ja-jp	２　内閣総理大臣は、前項の承認の申請があつた場合においては、当該申請に係る上場が当該金融商品取引所又はその子会社である金融商品取引所の業務の健全かつ適切な運営を損なうおそれがあると認めるときは、同項の承認をしてはならない。
en-us	(2) If an application is filed for the approval referred to in the preceding paragraph and the Prime Minister finds that the listing to which the application pertains is likely to impair the sound and appropriate operation of the business of the Financial Instruments Exchange, or a Financial Instruments Exchange that is its Subsidiary Company, the Prime Minister must not grant the approval referred to in that paragraph.

ja-jp	（金融商品取引所持株会社等への準用）
en-us	(Mutatis Mutandis Application to Financial Instruments Exchange Holding Companies)

ja-jp	第百二十三条　前条の規定は、金融商品取引所持株会社について準用する。この場合において、同条第一項中「当該金融商品取引所、当該金融商品取引所の子会社である金融商品取引所、当該金融商品取引所が総株主の議決権の保有基準割合以上の数の対象議決権を保有する金融商品取引所、当該金融商品取引所が総株主の議決権の保有基準割合以上の数の対象議決権を保有する者の子会社である金融商品取引所及び当該金融商品取引所を子会社とする金融商品取引所が開設する」とあるのは「当該金融商品取引所持株会社の子会社である金融商品取引所、当該金融商品取引所持株会社が総株主の議決権の保有基準割合以上の数の対象議決権を保有する金融商品取引所、当該金融商品取引所持株会社が総株主の議決権の保有基準割合以上の数の対象議決権を保有する者の子会社である金融商品取引所及び当該金融商品取引所持株会社を子会社とする金融商品取引所が開設する」と、同条第二項中「当該金融商品取引所又はその子会社である金融商品取引所」とあるのは「当該金融商品取引所持株会社の子会社である金融商品取引所」と読み替えるものとする。
en-us	Article 123 (1) The provisions of the preceding Article apply mutatis mutandis to a Financial Instruments Exchange Holding Company. In this case, in Article 122, paragraph (1), the phrase "operated by the relevant Financial Instruments Exchange, by a Financial Instruments Exchange that is the Subsidiary Company of the relevant Financial Instruments Exchange, by a Financial Instruments Exchange in which the relevant Financial Instruments Exchange holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, by a Financial Instruments Exchange that is the Subsidiary Company of a person in which the relevant Financial Instruments Exchange holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, or by a Financial Instruments Exchange that has the relevant Financial Instruments Exchange as its Subsidiary Company" is deemed to be replaced with "operated by a Financial Instruments Exchange that is the Subsidiary Company of the Financial Instruments Exchange Holding Company, by a Financial Instruments Exchange in which the Financial Instruments Exchange Holding Company holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, by a Financial Instruments Exchange that is the Subsidiary Company of a person in which the Financial Instruments Exchange Holding Company holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, or by a Financial Instruments Exchange that has the Financial Instruments Exchange Holding Company as its Subsidiary Company", and in Article 122, paragraph (2), the phrase "the Financial Instruments Exchange, or a Financial Instruments Exchange that is its Subsidiary Company" is deemed to be replaced with "a Financial Instruments Exchange that is its Subsidiary Company".

ja-jp	２　前条の規定は、親商品取引所等について準用する。この場合において、同条第一項中「当該金融商品取引所、当該金融商品取引所の子会社である金融商品取引所、当該金融商品取引所が総株主の議決権の保有基準割合以上の数の対象議決権を保有する金融商品取引所、当該金融商品取引所が総株主の議決権の保有基準割合以上の数の対象議決権を保有する者の子会社である金融商品取引所及び当該金融商品取引所を子会社とする金融商品取引所が開設する」とあるのは「当該親商品取引所等の子会社である金融商品取引所、当該親商品取引所等が総株主の議決権の保有基準割合以上の数の対象議決権を保有する金融商品取引所、当該親商品取引所等が総株主の議決権の保有基準割合以上の数の対象議決権を保有する者の子会社である金融商品取引所及び当該親商品取引所等を子会社とする金融商品取引所が開設する」と、同条第二項中「当該金融商品取引所又はその子会社である金融商品取引所」とあるのは「当該親商品取引所等の子会社である金融商品取引所」と読み替えるものとする。
en-us	(2) The provisions of the preceding Article apply mutatis mutandis to a parent Commodity Exchange, etc. In this case, in Article 122, paragraph (1), the phrase "operated by the relevant Financial Instruments Exchange, by a Financial Instruments Exchange that is the Subsidiary Company of the relevant Financial Instruments Exchange, by a Financial Instruments Exchange in which the relevant Financial Instruments Exchange holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, by a Financial Instruments Exchange that is the Subsidiary Company of a person in which the relevant Financial Instruments Exchange holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, or by a Financial Instruments Exchange that has the relevant Financial Instruments Exchange as its Subsidiary Company" is deemed to be replaced with "operated by a Financial Instruments Exchange that is the Subsidiary Company of the relevant parent Commodity Exchange, etc., by a Financial Instruments Exchange in which the relevant parent Commodity Exchange, etc. holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, by a Financial Instruments Exchange that is the Subsidiary Company of a person in which the relevant Parent Commodity Exchange, etc. holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights, or by a Financial Instruments Exchange that has the relevant parent Commodity Exchange, etc. as its Subsidiary Company", and in Article 122, paragraph (2), the phrase "the Financial Instruments Exchange, or a Financial Instruments Exchange that is its Subsidiary Company" is deemed to be replaced with "the Financial Instruments Exchange that is a Subsidiary Company of the relevant Parent Commodity Exchange, etc.".

ja-jp	（自ら開設する取引所金融商品市場への上場の承認）
en-us	(Approval of a Financial Instruments Exchange's Listing on a Financial Instruments Exchange Market It Operates)

ja-jp	第百二十四条　第百二十一条の規定にかかわらず、金融商品取引所は、次に掲げる者が発行者である有価証券をその売買のため、又は当該有価証券、当該有価証券に係る金融指標若しくは当該有価証券に係るオプションを市場デリバティブ取引のためにその開設する取引所金融商品市場に上場しようとする場合には、その上場しようとする取引所金融商品市場ごとに、その都度、その上場について、内閣総理大臣の承認を受けなければならない。ただし、次条の規定による命令に基づき上場する場合は、この限りでない。
en-us	Article 124 (1) Notwithstanding the provisions of Article 121, if a Financial Instruments Exchange seeks to list Securities issued by the following persons for purchase and sale on a Financial Instruments Exchange Market it operates, or to list such Securities, Financial Indicators connected to them, or Options on them for Market Transactions of Derivatives on a Financial Instruments Exchange Market it operates, it must obtain the approval of the Prime Minister for the listing, on each occasion and for each Financial Instruments Exchange Market on which it seeks to list them; provided, however, that this does not apply if such a listing is made based on an order under the provisions of the following Article:

ja-jp	一　当該金融商品取引所
en-us	(i) the Financial Instruments Exchange in question;

ja-jp	二　当該金融商品取引所を子会社とする者
en-us	(ii) a person that has the Financial Instruments Exchange as its Subsidiary Company;

ja-jp	三　前二号に掲げる者の総株主の議決権の保有基準割合以上の数の対象議決権を保有する株式会社金融商品取引所又は金融商品取引所持株会社（前号に掲げる者を除く。）
en-us	(iii) a Stock Company-Operated Financial Instruments Exchange or Financial Instruments Exchange Holding Company that holds a number of Subject Voting Rights in a person set forth in one of the preceding two items which is equal to or greater than the Threshold Holding Right of all shareholders' voting rights (other than a person set forth in the preceding item);

ja-jp	四　当該金融商品取引所の子会社である株式会社金融商品取引所又は金融商品取引所持株会社
en-us	(iv) a Stock Company-Operated Financial Instruments Exchange or Financial Instruments Exchange Holding Company that is a Subsidiary Company of the Financial Instruments Exchange;

ja-jp	五　第一号又は第二号に掲げる者の総株主の議決権の保有基準割合以上の数の対象議決権を保有する親商品取引所等（同号に掲げる者を除く。）
en-us	(v) a parent Commodity Exchange, etc. that holds a number of Subject Voting Rights in a person set forth in item (i) or (ii) which is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights (other than a person set forth in item (ii)); or

ja-jp	六　当該金融商品取引所の子会社である親商品取引所等
en-us	(vi) a parent Commodity Exchange, etc. that is a Subsidiary Company of the Financial Instruments Exchange.

ja-jp	２　内閣総理大臣は、前項の承認の申請があつた場合においては、当該申請が次の各号のいずれかに該当すると認めるときは、同項の承認をしてはならない。
en-us	(2) If an application is filed for the approval referred to in the preceding paragraph and the Prime Minister finds the application to fall under one of the following items, the Prime Minister must not grant the approval referred to in that paragraph:

ja-jp	一　当該申請に係る上場が次に掲げる金融商品取引所の業務の健全かつ適切な運営を損なうおそれがあること。
en-us	(i) the listing to which the application pertains is likely to impair the sound and appropriate operation of the business of one of the following Financial Instruments Exchanges:

ja-jp	イ　当該金融商品取引所
en-us	(a) the Financial Instruments Exchange in question;

ja-jp	ロ　当該金融商品取引所を子会社とする金融商品取引所
en-us	(b) a Financial Instruments Exchange that has the relevant Financial Instruments Exchange as its Subsidiary Company;

ja-jp	ハ　当該金融商品取引所（当該金融商品取引所を子会社とする者を含む。）の総株主の議決権の保有基準割合以上の数の対象議決権を保有する株式会社金融商品取引所（ロに掲げる者を除く。）
en-us	(c) a Stock Company-Operated Financial Instruments Exchange that holds a number of Subject Voting Rights in the relevant Financial Instruments Exchange (including a person that has the relevant Financial Instruments Exchange as its Subsidiary Company) which is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights (other than a person set forth in sub-item (b));

ja-jp	ニ　当該金融商品取引所の子会社である株式会社金融商品取引所
en-us	(d) a Stock Company-Operated Financial Instruments Exchange that is a Subsidiary Company of the relevant Financial Instruments Exchange;

ja-jp	ホ　当該金融商品取引所を子会社とする者の子会社である株式会社金融商品取引所（イからニまでに掲げる者を除く。）
en-us	(e) a Stock Company-Operated Financial Instruments Exchange that is the Subsidiary Company of a person that has the relevant Financial Instruments Exchange as its Subsidiary Company (other than a person set forth in one of sub-items (a) to (d) inclusive); and

ja-jp	ヘ　当該金融商品取引所（当該金融商品取引所を子会社とする者を含む。）の総株主の議決権の保有基準割合以上の数の対象議決権を保有する者の子会社である株式会社金融商品取引所（イからホまでに掲げる者を除く。）
en-us	(f) a Stock Company-Operated Financial Instruments Exchange that is the Subsidiary Company of a person that holds a number of Subject Voting Rights in the relevant Financial Instruments Exchange (including a person that has the relevant Financial Instruments Exchange as its Subsidiary Company) which is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights (other than a person set forth in one of sub-items (a) to (e) inclusive).

ja-jp	二　当該申請に係る上場に関し、当該取引所金融商品市場における取引の公正が確保されていないこと。
en-us	(ii) the fairness of transactions on the Financial Instruments Exchange Market is not ensured for the listing to which the application pertains.

ja-jp	３　第百二十一条の規定にかかわらず、金融商品取引所は、次に掲げる者が発行者である有価証券をその売買のため、又は当該有価証券、当該有価証券に係る金融指標若しくは当該有価証券に係るオプションを市場デリバティブ取引のためにその開設する取引所金融商品市場に上場しようとする場合には、その上場しようとする取引所金融商品市場ごとに、その都度、その上場について、内閣総理大臣の承認を受けなければならない。ただし、次条の規定による命令に基づき上場する場合は、この限りでない。
en-us	(3) Notwithstanding the provisions of Article 121, if a Financial Instruments Exchange seeks to list Securities issued by one of the following persons for purchase and sale on a Financial Instruments Exchange Market it operates, or to list such Securities, Financial Indicators connected to them, or Options on them for the purpose of Market Transactions of Derivatives on a Financial Instruments Exchange Market it operates, it must obtain the approval of the Prime Minister for the listing, for each occasion and for each Financial Instruments Exchange Market on which it seeks to list them; provided, however, that this does not apply if such a listing is made based on an order under the provisions of the following Article:

ja-jp	一　当該金融商品取引所（当該金融商品取引所を子会社とする者を含む。）の総株主の議決権の保有基準割合以上の数の対象議決権を保有する者（第一項各号に掲げる者を除く。）
en-us	(i) a person that holds a number of Subject Voting Rights in the Financial Instruments Exchange (including a person that has the Financial Instruments Exchange as its Subsidiary Company) which is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights (other than a person set forth in one of the items of paragraph (1)); or

ja-jp	二　当該金融商品取引所の子会社（当該子会社が株式会社金融商品取引所、金融商品取引所持株会社又は親商品取引所等である場合を除く。）
en-us	(ii) a Subsidiary Company of the Financial Instruments Exchange (unless the Subsidiary Company is a Stock Company-Operated Financial Instruments Exchange, Financial Instruments Exchange Holding Company, or parent Commodity Exchange, etc.).

ja-jp	４　内閣総理大臣は、前項の承認の申請があつた場合においては、当該申請に係る上場に関し、当該取引所金融商品市場における取引の公正が確保されていないと認めるときは、同項の承認をしてはならない。
en-us	(4) If an application is filed for the approval referred to in the preceding paragraph and the Prime Minister finds that the fairness of transactions on the Financial Instruments Exchange Market is not ensured for the listing to which the application pertains, the Prime Minister must not grant the approval referred to in that paragraph..

ja-jp	（株券等の上場命令）
en-us	(Order to List Share Certificates)

ja-jp	第百二十五条　内閣総理大臣は、金融商品取引所が上場する株券等の発行者が発行者である株券等で当該金融商品取引所が上場していないものを、当該金融商品取引所が上場することが公益又は投資者保護のため必要かつ適当であると認めるときは、当該金融商品取引所に対し、その株券等を上場すべきことを命ずることができる。
en-us	Article 125 If the Issuer of Share Certificates, etc. that a Financial Instruments Exchange lists issues Share Certificates, etc. that the Financial Instruments Exchange does not list, and the Prime Minister finds it to be necessary and proper in the public interest or for the protection of investors, the Prime Minister may order the Financial Instruments Exchange to list those Share Certificates, etc.

ja-jp	（上場廃止の届出等）
en-us	(Notification of Delisting)

ja-jp	第百二十六条　金融商品取引所は、売買のため上場した有価証券又は市場デリバティブ取引のため上場した金融商品等の上場を廃止しようとするときは、その上場を廃止しようとする取引所金融商品市場ごとに、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 126 (1) If a Financial Instruments Exchange seeks to delist Securities listed for purchase and sale or Financial Instruments, etc. listed for Market Transactions of Derivatives, it must notify the Prime Minister of this, for each Financial Instruments Exchange Market from which it seeks to delist them.

ja-jp	２　前項の規定にかかわらず、金融商品取引所は、第百二十四条第一項の有価証券をその売買のため、又は同項の有価証券、金融指標若しくはオプションを市場デリバティブ取引のためその開設する取引所金融商品市場に上場している場合において、当該有価証券、金融指標又はオプションの上場を廃止しようとするときは、その上場を廃止しようとする取引所金融商品市場ごとに、その上場の廃止について、内閣総理大臣の承認を受けなければならない。ただし、第百二十九条第一項の規定による命令に基づき上場を廃止する場合は、この限りでない。
en-us	(2) Notwithstanding the provisions of the preceding paragraph, if a Financial Instruments Exchange lists Securities specified in Article 124, paragraph (1) for purchase and sale on a Financial Instruments Exchange Market it operates, or lists Securities, Financial Indicators, or Options under that paragraph for Market Transactions of Derivatives on a Financial Instruments Exchange Market it operates, and it seeks to delist those Securities, Financial Indicators, or Options, it must obtain the approval of the Prime Minister for the delisting, for each Financial Instruments Exchange Market from which it seeks to delist them; provided, however, that this does not apply if the delisting is made based on an order under Article 129, paragraph (1).

ja-jp	（上場廃止等の命令）
en-us	(Order to Delist)

ja-jp	第百二十七条　内閣総理大臣は、金融商品取引所が業務規程に違反して金融商品等の上場又は上場の廃止を行おうとする場合又は行つた場合には、当該金融商品取引所に対し、当該上場を行つた金融商品等の上場の廃止又は当該上場の廃止を行つた金融商品等の再上場その他当該違反を是正するために必要な措置をとることを命ずることができる。この場合においては、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
en-us	Article 127 (1) If a Financial Instruments Exchange violates its operational rules in seeking to list or delist Financial Instruments, etc. or in listing or delisting them, the Prime Minister may order the Financial Instruments Exchange to delist the listed Financial Instruments, etc., to re-list the delisted Financial Instruments, etc., or to take the necessary measures to rectify the violation. In such a case, irrespective of the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, the Prime Minister must conduct a hearing.

ja-jp	２　前項の規定による処分に係る聴聞において行政手続法第十五条第一項の通知があつた場合における同法第三章第二節の規定の適用については、前項の金融商品等のうち、有価証券の発行者は、同条第一項の通知を受けた者とみなす。
en-us	(2) With regard to the application of the provisions of Chapter III, Section 2 of the Administrative Procedure Act if the notice referred to in Article 15, paragraph (1) of that Act is given at the hearing for a disposition under the provisions of the preceding paragraph, the Issuer of Securities that are among the Financial Instruments, etc. referred to in the preceding paragraph, is deemed to be the person that receives the notice referred to in Article 15, paragraph (1) of that Act.

ja-jp	（売買の停止等の届出）
en-us	(Notification of Suspension of Purchase and Sales)

ja-jp	第百二十八条　金融商品取引所は、その開設する取引所金融商品市場ごとに、その上場する金融商品等について、当該取引所金融商品市場における有価証券の売買又は市場デリバティブ取引を停止し、又は停止を解除したときは、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 128 If a Financial Instruments Exchange suspends or cancels the suspension of the purchase and sale of Securities or Market Transactions of Derivatives on a Financial Instruments Exchange Market it operates for Financial Instruments, etc. it lists, it must notify the Prime Minister of this without delay, for each Financial Instruments Exchange Market it operates.

ja-jp	（売買停止命令等）
en-us	(Order to Suspend Purchase and Sales)

ja-jp	第百二十九条　内閣総理大臣は、金融商品取引所が上場する有価証券の発行者がこの法律、この法律に基づく命令又は当該有価証券を上場する金融商品取引所の規則に違反した場合において、公益又は投資者保護のため必要かつ適当であると認めるときは、当該金融商品取引所に対し、取引所金融商品市場における当該有価証券の売買を停止し、又は上場を廃止することを命ずることができる。この場合においては、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
en-us	Article 129 (1) If an Issuer of Securities that a Financial Instruments Exchange lists violates this Act, an order based on this Act, or the rules of the Financial Instruments Exchange that lists the Securities, and the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order the Financial Instruments Exchange to suspend the purchase and sale of those Securities on the Financial Instruments Exchange Market or to delist them. In such a case, irrespective of the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, the Prime Minister must conduct a hearing.

ja-jp	２　前項の規定による処分に係る聴聞において行政手続法第十五条第一項の通知があつた場合における同法第三章第二節の規定の適用については、前項に規定する発行者は、同条第一項の通知を受けた者とみなす。
en-us	(2) With regard to the application of the provisions of Chapter III, Section 2 of the Administrative Procedure Act if the notice referred to in Article 15, paragraph (1) of that Act is given at the hearing for a disposition under the provisions of the preceding paragraph, the Issuer provided for in the preceding paragraph is deemed to be the person that receives the notice referred to in Article 15, paragraph (1) of that Act.

ja-jp	（総取引高、価格等の通知等）
en-us	(Notice of Total Transaction Volume, Price, etc.)

ja-jp	第百三十条　金融商品取引所は、内閣府令で定めるところにより、その開設する取引所金融商品市場における毎日の総取引高、その上場する金融商品等の銘柄別の毎日の最高、最低及び最終の価格、約定数値及び対価の額その他の事項をその会員等に通知し、公表しなければならない。
en-us	Article 130 Pursuant to the provisions of Cabinet Office Ordinance, a Financial Instruments Exchange must notify its Members, etc. of, and also disclose to the public, the daily total transaction volume on the Financial Instruments Exchange Markets it operates and the highest price, lowest price, closing price, Agreed Figure, amount receivable, and other particulars, for each day and for each issue of Financial Instruments, etc. it lists.

ja-jp	（総取引高、価格等の報告）
en-us	(Reporting of Total Transaction Volume, Price, etc.)

ja-jp	第百三十一条　金融商品取引所は、内閣府令で定めるところにより、その開設する取引所金融商品市場における毎日の総取引高、その上場する金融商品等の銘柄別の毎日の最高、最低及び最終の価格、約定数値及び対価の額その他の事項を内閣総理大臣に報告しなければならない。
en-us	Article 131 Pursuant to the provisions of Cabinet Office Ordinance, a Financial Instruments Exchange must report to the Prime Minister the daily total transaction volume on the Financial Instruments Exchange Markets it operates and the highest price, lowest price, closing price, Agreed Figure, amount receivable, and other particulars, for each day and for each issue of Financial Instruments, etc. it lists.

ja-jp	（取引資格の喪失等に伴う取引の結了に係る規定の準用）
en-us	(Mutatis Mutandis Application of Provisions on the Completion of Transactions Incidental to the Forfeiture of a Trading License)

ja-jp	第百三十二条　第百十六条の規定は、会員等の取引所金融商品市場における有価証券の売買又は市場デリバティブ取引がこの法律又は金融商品取引所の定款で定めるところにより停止された場合について準用する。
en-us	Article 132 The provisions of Article 116 apply mutatis mutandis if a Member's, etc. purchase and sales of Securities or Market Transactions of Derivatives on a Financial Instruments Exchange Market are suspended pursuant to the provisions of this Act or the articles of incorporation of the Financial Instruments Exchange.

ja-jp	（受託契約準則及びその記載事項）
en-us	(Brokerage Contract Rules and Particulars for Inclusion in Them)

ja-jp	第百三十三条　会員等は、取引所金融商品市場における有価証券の売買又は市場デリバティブ取引（有価証券等清算取次ぎを除く。）の受託については、その所属する金融商品取引所の定める受託契約準則によらなければならない。
en-us	Article 133 (1) A Member, etc. must comply with the brokerage contract rules prescribed by the Financial Instruments Exchange to which it belongs in becoming entrusted with the purchase and sale of Securities or Market Transactions of Derivatives on a Financial Instruments Exchange Market (excluding Brokerage for the Clearing of Securities, etc.) .

ja-jp	２　金融商品取引所は、その受託契約準則において、その開設する取引所金融商品市場ごとに、当該取引所金融商品市場における次に掲げる事項に関する細則を定めなければならない。
en-us	(2) A Financial Instruments Exchange must establish detailed regulations in respect of the following matters in connection with the Financial Instruments Exchange Markets it operates, for each of its Financial Instruments Exchange Markets, in its brokerage contract rules:

ja-jp	一　有価証券の売買又は市場デリバティブ取引の受託の条件
en-us	(i) the conditions for becoming entrusted with the purchase and sale of Securities or Market Transactions of Derivatives;

ja-jp	二　有価証券の売買又は市場デリバティブ取引の受渡しその他の決済方法
en-us	(ii) delivery and other means of settlement for purchase and sales of Securities or Market Transactions of Derivatives;

ja-jp	三　有価証券の売買の受託についての信用の供与に関する事項
en-us	(iii) the particulars of granting credit for becoming entrusted with the purchase and sale of Securities; and

ja-jp	四　前三号に掲げる事項のほか、有価証券の売買又は市場デリバティブ取引の受託に関し必要な事項
en-us	(iv) necessary particulars relevant to becoming entrusted with the purchase and sale of Securities or Market Transactions of Derivatives, other than the particulars set forth in the preceding three items.

ja-jp	（対象議決権に係る規定の準用）
en-us	(Mutatis Mutandis Application of Provisions on Subject Voting Rights)

ja-jp	第百三十三条の二　第百三条の二第五項の規定は、第百二十二条第一項、第百二十三条及び第百二十四条第一項から第三項までの規定を適用する場合について準用する。
en-us	Article 133-2 The provisions of Article 103-2, paragraph (5) apply mutatis mutandis if the provisions of Article 122, paragraph (1), Article 123 and Article 124, paragraphs (1) to (3) inclusive are applicable.

ja-jp	第四節　金融商品取引所の解散等
en-us	Section 4 Dissolution of a Financial Instruments Exchange

ja-jp	第一款　解散
en-us	Subsection 1 Dissolution

ja-jp	（免許の失効）
en-us	(Lapse of License)

ja-jp	第百三十四条　金融商品取引所が次の各号のいずれかに該当するときは、第八十条第一項の免許は、その効力を失う。
en-us	Article 134 (1) The license referred to in Article 80, paragraph (1) ceases to be valid if a Financial Instruments Exchange falls under one of the following items:

ja-jp	一　取引参加者の数が五以下となつたとき（株式会社金融商品取引所の場合に限る。）。
en-us	(i) the number of Trading Participants falls to five or below (but only if it is a Stock Company-Operated Financial Instruments Exchange);

ja-jp	二　取引所金融商品市場の全部を閉鎖したとき。
en-us	(ii) it closes all of its Financial Instruments Exchange Markets;

ja-jp	三　解散したとき。
en-us	(iii) it is dissolved;

ja-jp	四　設立、合併（当該合併により設立される者が金融商品取引所であるものに限る。）又は新設分割（当該新設分割により設立された者が当該金融商品取引所であるものに限る。）を無効とする判決が確定したとき。
en-us	(iv) a judgment invalidating its incorporation, merger (but only if the person incorporated in the merger is a Financial Instruments Exchange), or incorporation-type split (but only if the person incorporated in the incorporation-type split is that Financial Instruments Exchange) becomes final and binding; or

ja-jp	五　免許を受けた日から六月以内に取引所金融商品市場を開設しなかつたとき（やむを得ない理由がある場合において、あらかじめ内閣総理大臣の承認を受けた場合を除く。）。
en-us	(v) it does not operate a Financial Instruments Exchange Market within six months from the date on which it obtains the license (unless there is any compelling reason and it has obtained the approval of the Prime Minister in advance).

ja-jp	２　前項第一号又は第四号の規定により免許が失効したときは、その代表者又は代表者であつた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	(2) If a license ceases to be valid pursuant to item (i) or (iv) of the preceding paragraph, the representative or the former representative of the Financial Instruments Exchange must notify the Prime Minister of this without delay.

ja-jp	（解散の認可）
en-us	(Authorization for Dissolution)

ja-jp	第百三十五条　次に掲げる事項は、内閣総理大臣の認可を受けなければ、その効力を生じない。
en-us	Article 135 (1) The following matters do not come become effective without the authorization of the Prime Minister:

ja-jp	一　金融商品取引所の解散についての総会の決議
en-us	(i) a general meeting resolution to dissolve a Financial Instruments Exchange; and

ja-jp	二　金融商品取引所を全部又は一部の当事者とする合併（第百四十条第一項の合併を除く。）
en-us	(ii) a merger in which Financial Instruments Exchanges constitute all or part of the parties (excluding a merger under Article 140, paragraph (1)).

ja-jp	２　金融商品取引所が次に掲げる事由により解散したときは、その代表者であつた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	(2) If a Financial Instruments Exchange is dissolved for one of the following reasons, its former representative must notify the Prime Minister of this without delay:

ja-jp	一　定款で定めた解散の事由の発生
en-us	(i) the occurrence of a cause of dissolution specified in the articles of incorporation;

ja-jp	二　会員の数が五以下となつたこと。
en-us	(ii) the number of members falls to five or below; or

ja-jp	三　解散を命ずる裁判
en-us	(iii) a judicial decision ordering dissolution.

ja-jp	第二款　合併
en-us	Subsection 2 Merger

ja-jp	第一目　通則
en-us	Division 1 General Rules

ja-jp	第百三十六条　会員金融商品取引所は、他の会員金融商品取引所又は株式会社金融商品取引所と合併することができる。この場合において、合併をする金融商品取引所は、合併契約を締結しなければならない。
en-us	Article 136 (1) An Incorporated Association-Operated Financial Instruments Exchange may merge with another Incorporated Association-Operated Financial Instruments Exchange or with a Stock Company-Operated Financial Instruments Exchange. In such a case, the Financial Instruments Exchanges effecting the merger must conclude a merger agreement.

ja-jp	２　前項の場合において、吸収合併（金融商品取引所が他の金融商品取引所とする合併であつて、合併により消滅する金融商品取引所（以下この款において「吸収合併消滅金融商品取引所」という。）の権利義務の全部を合併後存続する金融商品取引所（以下この款において「吸収合併存続金融商品取引所」という。）に承継させるものをいう。以下同じ。）又は新設合併（二以上の金融商品取引所がする合併であつて、合併により消滅する金融商品取引所（以下この款において「新設合併消滅金融商品取引所」という。）の権利義務の全部を合併により設立する金融商品取引所（以下この款において「新設合併設立金融商品取引所」という。）に承継させるものをいう。以下同じ。）をする場合には、吸収合併存続金融商品取引所又は新設合併設立金融商品取引所は、次の各号に掲げる場合の区分に応じ当該各号に定める者でなければならない。
en-us	(2) In the case referred to in the preceding paragraph, if an Incorporated Association-Operated Financial Instruments Exchange effects an absorption-type merger (meaning the merger of one Financial Instruments Exchange with another Financial Instruments Exchange, in which the Financial Instruments Exchange surviving the merger (hereinafter referred to as the "Financial Instruments Exchange Surviving an Absorption-Type Merger" in this Subsection) succeeds to all of the rights and obligations of the Financial Instruments Exchange that disappears in the merger (hereinafter referred to as a "Financial Instruments Exchange Disappearing in an Absorption-Type Merger" in this Subsection); the same applies hereinafter), or a consolidation-type merger (meaning a merger between two or more Financial Instruments Exchanges in which the Financial Instruments Exchange that is incorporated in the merger (hereinafter referred to as the "Financial Instruments Exchange Incorporated in a Consolidation-Type Merger" in this Subsection) succeeds to all of the rights and obligations of the Financial Instruments Exchanges that disappear as a result of the merger (hereinafter each is referred to as a "Financial Instruments Exchange Disappearing in a Consolidation-Type Merger" in this Subsection); the same applies hereinafter), the Financial Instruments Exchange Surviving the Absorption-Type Merger or the Financial Instruments Exchange Incorporated in the Consolidation-Type Merger must be the person specified in the relevant of the following items for the category of cases set forth in that item:

ja-jp	一　会員金融商品取引所と会員金融商品取引所とが合併する場合　会員金融商品取引所
en-us	(i) a merger between an Incorporated Association-Operated Financial Instruments Exchange and an Incorporated Association-Operated Financial Instruments Exchange : an Incorporated Association-Operated Financial Instruments Exchange; or

ja-jp	二　会員金融商品取引所と株式会社金融商品取引所とが合併する場合　株式会社金融商品取引所
en-us	(ii) a merger between an Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange: a Stock Company-Operated Financial Instruments Exchange.

ja-jp	第二目　会員金融商品取引所と会員金融商品取引所との合併
en-us	Division 2 Mergers between an Incorporated Association-Operated Financial Instruments Exchange and an Incorporated Association-Operated Financial Instruments Exchange

ja-jp	（会員金融商品取引所と会員金融商品取引所との吸収合併契約）
en-us	(Absorption-Type Merger Agreements between an Incorporated Association-Operatred Financial Instruments Exchange and an Incorporated Association-Operated Financial Instruments Exchange)

ja-jp	第百三十七条　会員金融商品取引所と会員金融商品取引所とが吸収合併をする場合には、吸収合併契約において、次に掲げる事項を定めなければならない。
en-us	Article 137 If an Incorporated Association-Operated Financial Instruments Exchange and an Incorporated Association-Operated Financial Instruments Exchange effect an absorption-type merger, they must specify the following particulars in the absorption-type merger agreement:

ja-jp	一　吸収合併後存続する会員金融商品取引所（以下この款において「吸収合併存続会員金融商品取引所」という。）及び吸収合併により消滅する会員金融商品取引所（以下この款において「吸収合併消滅会員金融商品取引所」という。）の名称及び住所
en-us	(i) the name and address of the Incorporated Association-Operated Financial Instruments Exchange Survivingthe Absorption-Type Merger (hereinafter referred to as the "Incorporated Association-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger" in this Subsection) and the name and address of the Incorporated Association-Operated Financial Instruments Exchange that will disappear in the absorption-type merger (hereinafter referred to as the "Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger" in this Subsection); and

ja-jp	二　吸収合併がその効力を生ずる日（以下この款において「効力発生日」という。）その他内閣府令で定める事項
en-us	(ii) the day on which the absorption-type merger comes into effect (hereinafter referred to as the "Effective Date" in this Subsection) and other matters specified by Cabinet Office Ordinance.

ja-jp	（会員金融商品取引所と会員金融商品取引所との新設合併契約）
en-us	(Consolidation-Type Merger Agreements between an Incorporated Association-Operated Financial Instruments Exchange and an Incorporated Association-Operated Financial Instruments Exchange)

ja-jp	第百三十八条　会員金融商品取引所と会員金融商品取引所とが新設合併をする場合には、新設合併契約において、次に掲げる事項を定めなければならない。
en-us	Article 138 If an Incorporated Association-Operated Financial Instruments Exchange and an Incorporated Association-Operated Financial Instruments Exchange effect a consolidation-type merger, they must specify the following particulars in the consolidation-type merger agreement:

ja-jp	一　新設合併により消滅する会員金融商品取引所（以下この款において「新設合併消滅会員金融商品取引所」という。）の名称及び住所
en-us	(i) the names and addresses of the Incorporated Association-Operated Financial Instruments Exchange that will disappear in the consolidation-type merger (hereinafter each is referred to as an " Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger" in this Subsection);

ja-jp	二　新設合併により設立する会員金融商品取引所（以下この款において「新設合併設立会員金融商品取引所」という。）の目的、名称及び主たる事務所の所在地
en-us	(ii) the purpose, name, and the location of the principal office of the Incorporated Association-Operated Financial Instruments Exchange that will be incorporated in the consolidation-type merger (hereinafter referred to as the "Incorporated Association–Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger" in this Subsection);

ja-jp	三　前号に掲げるもののほか、新設合併設立会員金融商品取引所の定款で定める事項
en-us	(iii) beyond what is set forth in the preceding item, the matters specified by the articles of incorporation of the Incorporated Association–Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger; and

ja-jp	四　新設合併設立会員金融商品取引所の設立に際して理事長、理事及び監事となる者の氏名その他内閣府令で定める事項
en-us	(iv) the names of the persons that will become the president, board members, and inspectors at the time of the incorporation of the Incorporated Association–Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger, and other matters specified by Cabinet Office Ordinance.

ja-jp	第三目　会員金融商品取引所と株式会社金融商品取引所との合併
en-us	Division 3 Mergers between a Incorporated Association–Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange

ja-jp	（会員金融商品取引所と株式会社金融商品取引所との吸収合併契約）
en-us	(Absorption-Type Merger Agreements between an Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange)

ja-jp	第百三十九条　会員金融商品取引所と株式会社金融商品取引所とが吸収合併をする場合には、吸収合併契約において、次に掲げる事項を定めなければならない。
en-us	Article 139 If an Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange effect an absorption-type merger, they must specify the following particulars in the absorption-type merger agreement:

ja-jp	一　吸収合併後存続する株式会社金融商品取引所（以下この款において「吸収合併存続株式会社金融商品取引所」という。）の商号及び住所並びに吸収合併消滅会員金融商品取引所の名称及び住所
en-us	(i) the trade name and address of the Stock Company-Operated Financial Instruments Exchange that will survive the absorption-type merger (hereinafter referred to as the "Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger" in this Subsection), and the name and address of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger;

ja-jp	二　吸収合併存続株式会社金融商品取引所が吸収合併に際して吸収合併消滅会員金融商品取引所の会員に対してその持分に代わる株式等（株式又は金銭をいう。以下同じ。）を交付するときは、当該株式等についての次に掲げる事項
en-us	(ii) if the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger will deliver shares, etc. (meaning shares or money; the same applies hereinafter) to members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger at the time of the absorption-type merger in lieu of equity, the following matters in connection with those shares, etc.:

ja-jp	イ　当該株式等が吸収合併存続株式会社金融商品取引所の株式であるときは、当該株式の数（種類株式発行会社にあつては、株式の種類及び種類ごとの数）又はその数の算定方法並びに当該吸収合併存続株式会社金融商品取引所の資本金及び準備金の額に関する事項
en-us	(a) if the shares, etc. are shares in the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger, the number of them (for a company with class shares, the classes of shares and the number of shares in each class) or the method of calculating their number, and the particulars of the stated capital and reserve funds of the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger; and

ja-jp	ロ　当該株式等が金銭であるときは、当該金銭の額又はその算定方法
en-us	(b) if the shares, etc. are money, the amount of that money or the method of calculating it.

ja-jp	三　前号に規定する場合には、吸収合併消滅会員金融商品取引所の会員に対する同号の株式等の割当てに関する事項
en-us	(iii) in the case prescribed in the preceding item, the particulars of the allotment of the shares, etc. referred to in that item to members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger; and

ja-jp	四　効力発生日その他内閣府令で定める事項
en-us	(iv) the Effective Date and other matters specified by Cabinet Office Ordinance.

ja-jp	（会員金融商品取引所と株式会社金融商品取引所との新設合併契約）
en-us	(Consolidation-Type Merger Agreements between an Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange)

ja-jp	第百三十九条の二　会員金融商品取引所と株式会社金融商品取引所とが新設合併をする場合には、新設合併契約において、次に掲げる事項を定めなければならない。
en-us	Article 139-2 (1) If a Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange implement a consolidation-type merger, they must specify the following particulars in the consolidation-type merger agreement:

ja-jp	一　新設合併消滅会員金融商品取引所の名称及び住所並びに新設合併により消滅する株式会社金融商品取引所（以下この款において「新設合併消滅株式会社金融商品取引所」という。）の商号及び住所
en-us	(i) the name and address of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger, and the trade name and address of the Stock Company-Operated Financial Instruments Exchange that will disappear in the consolidation-type merger (hereinafter referred to as the "Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger" in this Subsection);

ja-jp	二　新設合併により設立する株式会社金融商品取引所（以下この款において「新設合併設立株式会社金融商品取引所」という。）の目的、商号、本店の所在地及び発行可能株式総数
en-us	(ii) the purpose, trade name, location of the head office, and total number of authorized shares in the Stock Company-Operated Financial Instruments Exchange that will be incorporated in the consolidation-type merger (hereinafter referred to as the "Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger" in this Subsection);

ja-jp	三　前号に掲げるもののほか、新設合併設立株式会社金融商品取引所の定款で定める事項
en-us	(iii) beyond what is set forth in the preceding item, the matters specified in the articles of incorporation of the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger;

ja-jp	四　新設合併設立株式会社金融商品取引所の設立に際して取締役となる者の氏名及びその設立に際して会計監査人となる者の氏名又は名称
en-us	(iv) the names of the persons that will become directors at the time of the incorporation of the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger, and the names of the persons that will become accounting auditors at the time of its establishment;

ja-jp	五　次のイ及びロに掲げる場合の区分に応じ、それぞれ当該イ及びロに定める事項
en-us	(v) the matters specified in the relevant of the following sub-items (a) and (b) for the category of cases set forth in the item:

ja-jp	イ　新設合併設立株式会社金融商品取引所が会計参与設置会社である場合　新設合併設立株式会社金融商品取引所の設立に際して会計参与となる者の氏名又は名称
en-us	(a) if the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger is a company with accounting advisors: the names of the persons that will become accounting advisors at the time of the incorporation of the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger; or

ja-jp	ロ　新設合併設立株式会社金融商品取引所が監査役設置会社である場合　新設合併設立株式会社金融商品取引所の設立に際して監査役となる者の氏名
en-us	(b) if the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger is a company with company auditors: the names of the persons that will become company auditors at the time of the incorporation of the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger.

ja-jp	六　新設合併設立株式会社金融商品取引所が新設合併に際して新設合併消滅会員金融商品取引所の会員又は新設合併消滅株式会社金融商品取引所の株主に対して交付するその持分又は株式に代わる当該新設合併設立株式会社金融商品取引所の株式の数（種類株式発行会社にあつては、株式の種類及び種類ごとの数）又はその数の算定方法並びに当該新設合併設立株式会社金融商品取引所の資本金及び準備金の額に関する事項
en-us	(vi) the number of shares in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger (for a company with class shares, the classes of shares and the number of shares in each class) that the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger will deliver to members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger or shareholders of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger at the time of the consolidation-type merger in lieu of their equity or shares, or the method of calculating that number; and the particulars of the stated capital and reserve funds of the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger;

ja-jp	七　新設合併消滅会員金融商品取引所の会員又は新設合併消滅株式会社金融商品取引所の株主（新設合併消滅金融商品取引所を除く。）に対する前号の株式の割当てに関する事項
en-us	(vii) the particulars of the allotment of the shares referred to in the preceding item to members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger or shareholders of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger (other than a shareholder that constitutes the Financial Instruments Exchange Disappearing in the Consolidation-Type Merger);

ja-jp	八　新設合併消滅株式会社金融商品取引所が新株予約権を発行しているときは、新設合併設立株式会社金融商品取引所が新設合併に際して当該新株予約権の新株予約権者に対して交付する当該新株予約権に代わる当該新設合併設立株式会社金融商品取引所の新株予約権又は金銭についての次に掲げる事項
en-us	(viii) if the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger has issued share options, the following matters as regards the share options in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger or the money that the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger will deliver to the holders of the share options at the time of the Consolidation-Type Merger, in lieu of their share options:

ja-jp	イ　当該新設合併消滅株式会社金融商品取引所の新株予約権の新株予約権者に対して新設合併設立株式会社金融商品取引所の新株予約権を交付するときは、当該新株予約権の内容及び数又はその算定方法
en-us	(a) if it will deliver share options in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger to the holders of share options in the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger, the features and number of share options or the method of calculating that number;

ja-jp	ロ　イに規定する場合において、イの新設合併消滅株式会社金融商品取引所の新株予約権が新株予約権付社債に付された新株予約権であるときは、新設合併設立株式会社金融商品取引所が当該新株予約権付社債についての社債に係る債務を承継する旨並びにその承継に係る社債の種類及び種類ごとの各社債の金額の合計額又はその算定方法
en-us	(b) in the case prescribed in sub-item (a), if the share options in the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger referred to in sub-item (a) are the share options that are attached to corporate bond certificates with share options, an indication that the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger will succeed to the obligations connected with corporate bonds in respect of the relevant corporate bond certificates with share options, the classes of corporate bonds subject to the succession, and the total amounts of the corporate bonds in each class or the method of calculating such amounts; and

ja-jp	ハ　当該新設合併消滅株式会社金融商品取引所の新株予約権の新株予約権者に対して金銭を交付するときは、当該金銭の額又はその算定方法
en-us	(c) if it will deliver money to holders of share options in the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger, the amount of that money or the method of calculating it.

ja-jp	九　前号に規定する場合には、新設合併消滅株式会社金融商品取引所の新株予約権の新株予約権者に対する同号の新設合併設立株式会社金融商品取引所の新株予約権又は金銭の割当てに関する事項
en-us	(ix) in the case prescribed in the preceding item, the particulars of the allotment of share options in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger or the money set forth in that item to the holders of share options in the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger.

ja-jp	２　前項に規定する場合において、新設合併消滅株式会社金融商品取引所の全部又は一部が種類株式発行会社であるときは、新設合併消滅株式会社金融商品取引所の発行する種類の株式の内容に応じ、同項第七号に掲げる事項（新設合併消滅株式会社金融商品取引所の株主に係る事項に限る。次項において同じ。）として次に掲げる事項を定めることができる。
en-us	(2) In a case prescribed in the preceding paragraph, if the whole or part of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger is a company with class shares, the following particulars may be specified as the particulars set forth in item (vii) of that paragraph (limited to the particulars of the shareholders of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger; the same applies in the following paragraph) in accordance with the features of the class shares issued by the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger:

ja-jp	一　ある種類の株式の株主に対して新設合併設立株式会社金融商品取引所の株式の割当てをしないこととするときは、その旨及び当該株式の種類
en-us	(i) if it will not allot shares in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger to shareholders of certain classes of shares, an indication of this and the relevant classes of shares; and

ja-jp	二　前号に掲げる事項のほか、新設合併設立株式会社金融商品取引所の株式の割当てについて株式の種類ごとに異なる取扱いを行うこととするときは、その旨及び当該異なる取扱いの内容
en-us	(ii) if it will handle the allotment of shares in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger differently for each class of shares but other than as is set forth in the preceding item, an indication of this and the details of the differing handling.

ja-jp	３　第一項に規定する場合には、同項第七号に掲げる事項についての定めは、新設合併消滅株式会社金融商品取引所の株主（新設合併消滅金融商品取引所及び前項第一号の種類の株式の株主を除く。）の有する株式の数（前項第二号に掲げる事項についての定めがある場合にあつては、各種類の株式の数）に応じて新設合併設立株式会社金融商品取引所の株式を交付することを内容とするものでなければならない。
en-us	(3) In a case prescribed in paragraph (1), the provisions with regard to the particulars set forth in item (vii) of that paragraph must provide that shares in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger will be delivered in proportion to the number of shares (if the particulars set forth in item (ii) of the preceding paragraph are provided for, the number of shares for each class) held by the shareholders of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger (other than a shareholder that constitutes one of the Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger and shareholders of the class of shares set forth in item (i) of the preceding paragraph).

ja-jp	第四目　会員金融商品取引所の合併の手続
en-us	Division 4 Merger Procedures for Incorporated Association-Operated Financial Instruments Exchanges

ja-jp	（吸収合併消滅会員金融商品取引所の手続）
en-us	(Procedures for an Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger)

ja-jp	第百三十九条の三　吸収合併消滅会員金融商品取引所は、第三項の総会の日の五日前の日から効力発生日までの間、吸収合併契約の内容その他内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録を主たる事務所に備え置かなければならない。
en-us	Article 139-3 (1) During the period from five days prior to the day of the general meeting referred to in paragraph (3) until the Effective Date, an Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger must keep documents or electronic or magnetic records that state or contain a record of the details of the absorption-type merger agreement and other particulars specified by Cabinet Office Ordinance at its principal office.

ja-jp	２　吸収合併消滅会員金融商品取引所の会員及び債権者は、吸収合併消滅会員金融商品取引所に対して、その事業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号の請求をするには、当該吸収合併消滅会員金融商品取引所の定めた費用を支払わなければならない。
en-us	(2) The member or creditor of an Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger may make the following requests of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger at any time during its business hours; provided, however, that in making the request referred to in item (ii) or (iv), the member or creditor must pay the cost determined by the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger:

ja-jp	一　前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in the preceding paragraph;

ja-jp	二　前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in the preceding paragraph;

ja-jp	三　前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　前項の電磁的記録に記録された情報を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the information that has been recorded in the electronic or magnetic records referred to in the preceding paragraph by an electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	３　吸収合併消滅会員金融商品取引所は、効力発生日の前日までに、総会の決議によつて、吸収合併契約の承認を受けなければならない。
en-us	(3) An Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger must obtain approval for the absorption-type merger agreement by general meeting resolution, by the day immediately preceding the Effective Date.

ja-jp	４　吸収合併消滅会員金融商品取引所は、総会員の四分の三以上の賛成がなければ、吸収合併契約の承認の決議をすることができない。ただし、定款に別段の定めがあるときは、この限りでない。
en-us	(4) An Incorporated Association-Operated Financial Instruments Exchange n Disappearing in a Consolidation-Type Merger may not adopt a resolution approving a consolidation-type merger agreement without the affirmative votes of three-fourths or more of all of the members; provided, however, that this does not apply if it is otherwise provided for in the articles of incorporation.

ja-jp	５　第百一条の四の規定は、吸収合併消滅会員金融商品取引所について準用する。
en-us	(5) The provisions of Article 101-4 apply mutatis mutandis to an Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger.

ja-jp	６　吸収合併消滅会員金融商品取引所が前項において準用する第百一条の四第二項の規定による公告を、官報のほか、次項において準用する会社法第九百三十九条第一項の規定による定款の定めに従い、同項第二号に掲げる公告方法（会員金融商品取引所が公告（この法律の規定により官報に記載する方法によりしなければならないものとされているものを除く。）をする方法をいう。以下この目において同じ。）によりするときは、前項において準用する第百一条の四第二項の規定による各別の催告は、することを要しない。
en-us	(6) If an Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger issues the public notice under Article 101-4, paragraph (2) as applied mutatis mutandis pursuant to the preceding paragraph both in the Official Gazette and by the means of public notice (meaning the means by which the Incorporated Association-Operated Financial Instruments Exchange gives its public notices (excluding public notices that, pursuant to the provisions of this Act, must be given by means of publication in the Official Gazette); hereinafter the same applies in this Division) set forth in Article 939, paragraph (1), item (ii) of the Companies Act, in accordance with the provisions of the articles of incorporation under Article 939, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to the following paragraph, the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger is not required to give the individual notice under Article 101-4, paragraph (2) as applied mutatis mutandis pursuant to the preceding paragraph.

ja-jp	７　会社法第九百三十九条第一項（第一号及び第二号に係る部分に限る。）の規定は、前項の公告について準用する。
en-us	(7) The provisions of Article 939, paragraph (1) (limited to the part that involves items (i) and (ii)) of the Companies Act apply mutatis mutandis to the public notice referred to in the preceding paragraph.

ja-jp	８　吸収合併消滅会員金融商品取引所は、吸収合併存続金融商品取引所との合意により、効力発生日を変更することができる。
en-us	(8) An Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger may change the Effective Date by agreement with the Financial Instruments Exchange Surviving the Absorption-Type Merger.

ja-jp	９　前項の場合には、吸収合併消滅会員金融商品取引所は、変更前の効力発生日（変更後の効力発生日が変更前の効力発生日前の日である場合にあつては、当該変更後の効力発生日）の前日までに、変更後の効力発生日を公告しなければならない。
en-us	(9) In the case referred to in the preceding paragraph, the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger shall issue public notice of the new Effective Date by the day immediately preceding the old Effective Date (or, if the new Effective Date comes before the old Effective Date, by the day immediately preceding the new Effective Date).

ja-jp	１０　第八項の規定により効力発生日を変更したときは、変更後の効力発生日を効力発生日とみなして、この款の規定を適用する。
en-us	(10) If the Effective Date is changed pursuant to the provisions of paragraph (8), the new Effective Date is deemed to be the Effective Date and the provisions of this Subsection apply.

ja-jp	（吸収合併存続会員金融商品取引所の手続）
en-us	(Procedures for an Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger)

ja-jp	第百三十九条の四　吸収合併存続会員金融商品取引所は、次項の総会の日の五日前の日から効力発生日後六月を経過する日までの間、吸収合併契約の内容その他内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録を主たる事務所に備え置かなければならない。
en-us	Article 139-4 (1) During the period from five days prior to the day of the general meeting referred to in the following paragraph until the day on which six months have elapsed since the Effective Date, the Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger shall keep the documents or electronic or magnetic records that state or contain a record of the details of the absorption-type merger agreement and other particulars specified by Cabinet Office Ordinance, at its principal office.

ja-jp	２　吸収合併存続会員金融商品取引所は、効力発生日の前日までに、総会の決議によつて、吸収合併契約の承認を受けなければならない。
en-us	(2) An Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger must obtain approval for the absorption-type merger agreement by general meeting resolution, by the day immediately preceding the Effective Date.

ja-jp	３　吸収合併存続会員金融商品取引所は、総会員の四分の三以上の賛成がなければ、吸収合併契約の承認の決議をすることができない。ただし、定款に別段の定めがあるときは、この限りでない。
en-us	(3) An Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger may not adopt a resolution approving an absorption-type merger agreement without the affirmative votes of three-fourths or more of all of the members; provided, however, that this does not apply if it is otherwise provided for in the articles of incorporation.

ja-jp	４　第百一条の四の規定は、吸収合併存続会員金融商品取引所について準用する。
en-us	(4) The provisions of Article 101-4 apply mutatis mutandis to an Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger.

ja-jp	５　吸収合併存続会員金融商品取引所が前項において準用する第百一条の四第二項の規定による公告を、官報のほか、次項において準用する会社法第九百三十九条第一項の規定による定款の定めに従い、同項第二号に掲げる公告方法によりするときは、前項において準用する第百一条の四第二項の規定による各別の催告は、することを要しない。
en-us	(5) If an Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger gives a public notice under Article 101-4, paragraph (2) as applied mutatis mutandis pursuant to the preceding paragraph both in the Official Gazette and by the means of public notice set forth in Article 939, paragraph (1), item (ii) of the Companies Act, in accordance with the provisions of the articles of incorporation under Article 939, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to the following paragraph, the Incorporated Association-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger is not required to give the individual notice under Article 101-4, paragraph (2) as applied mutatis mutandis pursuant to the preceding paragraph.

ja-jp	６　会社法第九百三十九条第一項（第一号及び第二号に係る部分に限る。）の規定は、前項の公告について準用する。
en-us	(6) The provisions of Article 939, paragraph (1) (limited to the part that involves items (i) and (ii)) of the Companies Act apply mutatis mutandis to the public notice referred to in the preceding paragraph.

ja-jp	７　吸収合併存続会員金融商品取引所は、効力発生日後遅滞なく、吸収合併により吸収合併存続会員金融商品取引所が承継した吸収合併消滅会員金融商品取引所の権利義務その他の吸収合併に関する事項として内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録を作成しなければならない。
en-us	(7) An Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger shall prepare documents or electronic or magnetic records that state or contain a record of the particulars of the rights and obligations of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger to which the Incorporated Association-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger has succeeded as a result of the absorption-type merger, and that state or contain a record of other particulars specified by Cabinet Office Ordinance as pertinent to the absorption-type merger, without delay after the Effective Date.

ja-jp	８　吸収合併存続会員金融商品取引所は、効力発生日から六月間、前項の書面又は電磁的記録をその主たる事務所に備え置かなければならない。
en-us	(8) During the six-month period beginning from the Effective Date, an Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger shall keep the documents or electronic or magnetic records set forth in the preceding paragraph at its principal office.

ja-jp	９　吸収合併存続会員金融商品取引所の会員及び債権者は、吸収合併存続会員金融商品取引所に対して、その事業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号に掲げる請求をするには、当該吸収合併存続会員金融商品取引所の定めた費用を支払わなければならない。
en-us	(9) The member or creditor of an Incorporated Association-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger may make the following requests of the Incorporated Association-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger at any time during its business hours; provided, however, that in making the request set forth in item (ii) or (iv), the member or creditor must pay the cost determined by the Incorporated Association-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger:

ja-jp	一　第一項又は前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in paragraph (1) or the preceding paragraph;

ja-jp	二　第一項又は前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in paragraph (1) or the preceding paragraph;

ja-jp	三　第一項又は前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in paragraph (1) or the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　第一項又は前項の電磁的記録に記録された事項を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the particulars that have been recorded in the electronic or magnetic records referred to in paragraph (1) or the preceding paragraph by an electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	（新設合併消滅会員金融商品取引所の手続）
en-us	(Procedures for an Incorporated Association-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger)

ja-jp	第百三十九条の五　新設合併消滅会員金融商品取引所は、第三項の総会の日の十日前の日から新設合併設立金融商品取引所の成立の日までの間、新設合併契約の内容その他内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録を主たる事務所に備え置かなければならない。
en-us	Article 139-5 (1) During the period from 10 days prior to the day of the general meeting referred to in paragraph (3) until the day of the establishment of the Financial Instruments Exchange Incorporated in the Consolidation-Type Merger, an Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger shall keep documents or electronic or magnetic records that state or contain a record of the details of the consolidation-type merger agreement and other particulars specified by Cabinet Office Ordinance, at its principal office.

ja-jp	２　新設合併消滅会員金融商品取引所の会員及び債権者は、新設合併消滅会員金融商品取引所に対して、その事業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号に掲げる請求をするには、当該新設合併消滅会員金融商品取引所の定めた費用を支払わなければならない。
en-us	(2) The member or creditor of an Incorporated Association-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger may make the following requests of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger at any time during its business hours; provided, however, that in making the request set forth in item (ii) or (iv), the member or creditor must pay the cost determined by the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger:

ja-jp	一　前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in the preceding paragraph;

ja-jp	二　前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in the preceding paragraph;

ja-jp	三　前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　前項の電磁的記録に記録された事項を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph by an electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	３　新設合併消滅会員金融商品取引所は、効力発生の日の前日までに、総会の決議によつて、新設合併契約の承認を受けなければならない。
en-us	(3) An Incorporated Association-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger must obtain approval for the consolidation-type merger agreement by general meeting resolution, by the day immediately preceding the Effective Date.

ja-jp	４　新設合併消滅会員金融商品取引所は、総会員の四分の三以上の賛成がなければ、新設合併契約の承認の決議をすることができない。ただし、定款に別段の定めがあるときは、この限りでない。
en-us	(4) An Incorporated Association-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger may not adopt a resolution approving a consolidation-type merger agreement without the affirmative votes of three-fourths or more of all of the members; provided, however, that this does not apply if it is otherwise provided for in the articles of incorporation.

ja-jp	５　第百一条の四の規定は、新設合併消滅会員金融商品取引所について準用する。
en-us	(5) The provisions of Article 101-4 apply mutatis mutandis to an Incorporated Association-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger.

ja-jp	６　新設合併消滅会員金融商品取引所が前項において準用する第百一条の四第二項の規定による公告を、官報のほか、次項において準用する会社法第九百三十九条第一項の規定による定款の定めに従い、同項第二号に掲げる公告方法によりするときは、前項において準用する第百一条の四第二項の規定による各別の催告は、することを要しない。
en-us	(6) If an Incorporated Association-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger gives the public notice under Article 101-4, paragraph (2) as applied mutatis mutandis pursuant to the preceding paragraph both in the Official Gazette and by the means of public notice set forth in Article 939, paragraph (1), item (ii) of the Companies Act, in accordance with the provisions of the articles of incorporation under Article 939, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to the following paragraph, the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger is not required to give the individual notice under Article 101-4, paragraph (2) as applied mutatis mutandis pursuant to the preceding paragraph.

ja-jp	７　会社法第九百三十九条第一項（第一号及び第二号に係る部分に限る。）の規定は、前項の公告について準用する。
en-us	(7) The provisions of Article 939, paragraph (1) (limited to the part that involves items (i) and (ii)) of the Companies Act apply mutatis mutandis to the public notice referred to in the preceding paragraph.

ja-jp	（新設合併設立会員金融商品取引所の手続）
en-us	(Procedures for the Incorporated Association-Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger)

ja-jp	第百三十九条の六　第八十八条の三第一項及び第三項、第八十八条の四並びに第八十八条の二十二の規定は、新設合併設立会員金融商品取引所の設立については、適用しない。
en-us	Article 139-6 (1) The provisions of Article 88-3, paragraphs (1) and (3), Article 88-4 and Article 88-22 do not apply to the incorporation of the Incorporated Association–Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger.

ja-jp	２　新設合併設立会員金融商品取引所の定款は、新設合併消滅会員金融商品取引所が作成する。
en-us	(2) The Incorporated Association-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger shall prepare the anrticles of incorporation of the Incorporated Association-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger.

ja-jp	３　新設合併設立会員金融商品取引所は、その成立の日後遅滞なく、新設合併により新設合併設立会員金融商品取引所が承継した新設合併消滅会員金融商品取引所の権利義務その他の新設合併に関する事項として内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録を作成しなければならない。
en-us	(3) The Incorporated Association-Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger shall prepare documents or electronic or magnetic records that state or contain a record of the particulars of the rights and obligations of the Incorporated Association–Operated Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger to which the Incorporated Association–Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger has succeeded as a result of the Consolidation-Type Merger, and that state or contain a record of other particulars specified by Cabinet Office Ordinance as pertinent to the Consolidation-Type Merger, without delay after the day of its establishment.

ja-jp	４　新設合併設立会員金融商品取引所は、その成立の日から六月間、前項の書面又は電磁的記録及び新設合併契約の内容その他内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録をその主たる事務所に備え置かなければならない。
en-us	(4) During the six-month period beginning from the day of its establishment, the Incorporated Association–Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger shall keep the documents or electronic or magnetic records referred to in the preceding paragraph, and documents or electronic or magnetic records that state or contain a record of the details of the Consolidation-Type Merger agreement and other particulars specified by Cabinet Office Ordinance, at its principal office.

ja-jp	５　新設合併設立会員金融商品取引所の会員及び債権者は、新設合併設立会員金融商品取引所に対して、その事業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号に掲げる請求をするには、当該新設合併設立会員金融商品取引所の定めた費用を支払わなければならない。
en-us	(5) The member or creditor of a Incorporated Association–Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger may make the following requests of the Incorporated Association–Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger at any time during its business hours; provided, however, that in making the request set forth in item (ii) or (iv), the member or creditor must pay the cost determined by the Incorporated Association–Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger:

ja-jp	一　前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in the preceding paragraph;

ja-jp	二　前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in the preceding paragraph;

ja-jp	三　前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　前項の電磁的記録に記録された事項を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph by an electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	第五目　株式会社金融商品取引所の合併の手続
en-us	Division 5 Merger Procedures for Financial Instruments Exchanges Operated as a Stock Company

ja-jp	（吸収合併契約に関する書面等の備置き及び閲覧等）
en-us	(The Keeping and Inspection of Absorption-Type Merger Agreement Documents)

ja-jp	第百三十九条の七　吸収合併存続株式会社金融商品取引所（会員金融商品取引所と株式会社金融商品取引所とが吸収合併をする場合における当該吸収合併存続株式会社金融商品取引所に限る。以下この目において同じ。）は、次に掲げる日のいずれか早い日から効力発生日後六月を経過する日までの間、吸収合併契約の内容その他内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録をその本店に備え置かなければならない。
en-us	Article 139-7 (1) During the period from any of the following days, whichever comes the earliest, until the day on which six months have elapsed since the Effective Date, a Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger (limited to the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger in an absorption-type merger between an Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange; hereinafter the same applies in this Division) shall keep documents or electronic or magnetic records that state or contain a record of the details of the absorption-type merger agreement and other particulars specified by Cabinet Office Ordinance, at its head office:

ja-jp	一　吸収合併契約について株主総会（種類株主総会を含む。以下この号において同じ。）の決議によつてその承認を受けなければならないときは、当該株主総会の日の二週間前の日
en-us	(i) if approval for the absorption-type merger agreement must be obtained by a shareholders resolution (including a class shareholders resolution; hereinafter the same applies in this item): the day two weeks prior to the day of the relevant shareholders meeting;

ja-jp	二　第百三十九条の十第一項の規定による通知の日又は同条第二項の公告の日のいずれか早い日
en-us	(ii) the day of the notice under Article 139-10, paragraph (1) or the day of the public notice under Article 139-10, paragraph (2), whichever comes earlier; or

ja-jp	三　第百三十九条の十二の規定による手続をしなければならないときは、同条第二項の規定による公告の日又は同項の規定による催告の日のいずれか早い日
en-us	(iii) if the procedures under Article 139-12 are required: the day of the public notice under Article 139-12, paragraph (2) or the day of the notice under that paragraph, whichever comes earlier.

ja-jp	２　吸収合併存続株式会社金融商品取引所の株主及び債権者は、吸収合併存続株式会社金融商品取引所に対して、その営業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号に掲げる請求をするには、当該吸収合併存続株式会社金融商品取引所の定めた費用を支払わなければならない。
en-us	(2) The shareholder or creditor of a Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger may make the following requests of the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger at any time during business hours; provided, however, that in making the request set forth in item (ii) or (iv), the shareholder or creditor must pay the cost determined by the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger:

ja-jp	一　前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in the preceding paragraph;

ja-jp	二　前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in the preceding paragraph;

ja-jp	三　前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　前項の電磁的記録に記録された事項を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph by an electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	（吸収合併契約の承認等）
en-us	(Approval of an Absorption-Type Merger Agreement)

ja-jp	第百三十九条の八　吸収合併存続株式会社金融商品取引所は、効力発生日の前日までに、株主総会の決議によつて、吸収合併契約の承認を受けなければならない。
en-us	Article 139-8 (1) The Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger must obtain approval for the absorption-type merger agreement by a shareholders resolution, by the day immediately preceding the Effective Date.

ja-jp	２　承継する吸収合併消滅会員金融商品取引所の資産に吸収合併存続株式会社金融商品取引所の株式が含まれる場合には、取締役は、前項の株主総会において、当該株式に関する事項を説明しなければならない。
en-us	(2) If the assets of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger which are to be succeeded to include shares in the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger, the directors must give an explanation of matters related to those shares before the shareholders referred to in the preceding paragraph.

ja-jp	３　吸収合併存続株式会社金融商品取引所が種類株式発行会社である場合において、吸収合併消滅会員金融商品取引所の会員に対して交付する株式等が吸収合併存続株式会社金融商品取引所の株式であるときは、吸収合併は、第百三十九条第二号イの種類の株式（譲渡制限株式であつて、会社法第百九十九条第四項の定款の定めがないものに限る。）の種類株主を構成員とする種類株主総会（当該種類株主に係る株式の種類が二以上ある場合にあつては、当該二以上の株式の種類別に区分された種類株主を構成員とする各種類株主総会）の決議がなければ、その効力を生じない。ただし、当該種類株主総会において議決権を行使することができる株主が存しない場合は、この限りでない。
en-us	(3) If the Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger is a company with class shares, and the shares, etc. delivered to members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger are shares in the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger, the Absorption-Type Merger does not become effective without a resolution of the class shareholders for the class shares set forth in Article 139, item (ii), sub-item (a) (limited to shares with a restriction on transfer for which the provisions of the articles of incorporation which are referred to in Article 199, paragraph (4) of the Companies Act have not been made) (or, if there are two or more classes of shares associated with such class shareholders, without the resolutions of each group of class shareholders whose constituent members are the class shareholders in each separate class of those two or more classes of shares); provided, however, that this does not apply if there are no shareholders that are entitled to exercise voting rights at the class shareholders meeting.

ja-jp	４　第一項の株主総会の決議は、当該株主総会において議決権を行使することができる株主の議決権の過半数（三分の一以上の割合を定款で定めた場合にあつては、その割合以上）を有する株主が出席し、出席した当該株主の議決権の三分の二（これを上回る割合を定款で定めた場合にあつては、その割合）以上に当たる多数をもつて行わなければならない。この場合においては、当該決議の要件に加えて、一定の数以上の株主の賛成を要する旨その他の要件を定款で定めることを妨げない。
en-us	(4) The shareholders resolution referred to in paragraph (1) must be effected with at least a two-thirds majority (or, if a higher proportion is provided for in the articles of incorporation, such a proportion or more) of the votes of the attending shareholders, at a meeting where shareholders holding over half the voting rights (if a proportion of one-third or more is specified by the articles of incorporation, at least such a proportion) of the shareholders that are entitled to exercise voting rights at the shareholders meeting, are present. In such a case, the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger is not precluded from setting provisions in its articles of incorporation requiring at least a certain number of affirmative votes from the shareholders or other requirements, in addition to the requirement for such a resolution.

ja-jp	５　前項の規定は、第三項の種類株主総会について準用する。
en-us	(5) The provisions of the preceding paragraph apply mutatis mutandis to the class shareholders referred to in paragraph (3).

ja-jp	（吸収合併契約等の承認を要しない場合等）
en-us	(When Approval for an Absorption-Type Merger Agreement Is Not Required)

ja-jp	第百三十九条の九　前条第一項及び第二項の規定は、第一号に掲げる額の第二号に掲げる額に対する割合が五分の一（これを下回る割合を吸収合併存続株式会社金融商品取引所が定款で定めた場合にあつては、その割合）を超えない場合には、適用しない。ただし、吸収合併消滅会員金融商品取引所の会員に対して交付する株式等の全部又は一部が吸収合併存続株式会社金融商品取引所の譲渡制限株式である場合であつて、吸収合併存続株式会社金融商品取引所が公開会社（会社法第二条第五号に規定する公開会社をいう。次条第二項第一号及び第百三十九条の十五第三項において同じ。）でないときは、この限りでない。
en-us	Article 139-9 (1) The provisions of paragraphs (1) and (2) of the preceding Article do not apply unless the proportion of the amount set forth in item (i) to the amount set forth in item (ii) exceeds one-fifth (or, if a smaller proportion is prescribed in the articles of incorporation of the Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger, such a proportion); provided, however, that this does not apply if all or part of the shares, etc. delivered to the members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger are shares with a restriction on transfer in the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger, and the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger is not a Public Company (meaning a Public Company as prescribed in Article 2, item (v) of the Companies Act; the same applies in paragraph (2), item (i) of the following Article and Article 139-15, paragraph (3)):

ja-jp	一　次に掲げる額の合計額
en-us	(i) the total of the amounts set forth in the following:

ja-jp	イ　吸収合併消滅会員金融商品取引所の会員に対して交付する吸収合併存続株式会社金融商品取引所の株式の数に一株当たり純資産額（会社法第百四十一条第二項に規定する一株当たり純資産額をいう。）を乗じて得た額
en-us	(a) the amount arrived at when the number of shares in the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger to be delivered to members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger is multiplied by the Amount of Net Assets per Share (meaning the Amount of Net Assets per Share as prescribed in Article 141, paragraph (2) of the Companies Act); and

ja-jp	ロ　吸収合併消滅会員金融商品取引所の会員に対して交付する金銭の額の合計額
en-us	(b) the total amount of money to be delivered to members of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger.

ja-jp	二　吸収合併存続株式会社金融商品取引所の純資産額として内閣府令で定める方法により算定される額
en-us	(ii) the amount calculated as the amount of net assets of the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger, by the method specified by Cabinet Office Ordinance.

ja-jp	２　前項本文に規定する場合において、内閣府令で定める数の株式（前条第一項の株主総会において議決権を行使することができるものに限る。）を有する株主が次条第一項の規定による通知又は同条第二項の公告の日から二週間以内に吸収合併に反対する旨を吸収合併存続株式会社金融商品取引所に対し通知したときは、効力発生日の前日までに、株主総会の決議によつて、吸収合併契約の承認を受けなければならない。
en-us	(2) In a case prescribed in the main clause of the preceding paragraph, if shareholders holding the number of shares specified by Cabinet Office Ordinance (limited to shares in respect of which voting rights may be exercised at the shareholders meeting referred to in paragraph (1) of the preceding Article) notify the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger that they are against the absorption-type merger within two weeks from the day of the notice under paragraph (1) of the following Article or within two weeks from the day of the public notice referred to in paragraph (2) of that Article, the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger must obtain approval for the absorption-type merger agreement by shareholders resolution, by the day immediately preceding the Effective Date.

ja-jp	（株主等に対する通知）
en-us	(Notifying the Shareholders)

ja-jp	第百三十九条の十　吸収合併存続株式会社金融商品取引所は、効力発生日の二十日前までに、その株主及び新株予約権者に対し、吸収合併をする旨並びに吸収合併消滅会員金融商品取引所の名称及び住所（第百三十九条の八第二項に規定する場合にあつては、同項の株式に関する事項を含む。）を通知しなければならない。
en-us	Article 139-10 (1) The Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger must notify its shareholders and holders of share options that the absorption-type merger will be effected and indicate the name and address of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger (and of the matters related to the shares which are referred to in Article 139-8, paragraph (2), in the case prescribed in that paragraph), by 20 days prior to the Effective Date.

ja-jp	２　次に掲げる場合には、前項の規定による通知は、公告をもつてこれに代えることができる。
en-us	(2) In the following cases, public notice may be substituted for the notice under the preceding paragraph:

ja-jp	一　吸収合併存続株式会社金融商品取引所が公開会社である場合
en-us	(i) the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger is a Public Company; or

ja-jp	二　吸収合併存続株式会社金融商品取引所が第百三十九条の八第一項の株主総会の決議によつて吸収合併契約の承認を受けた場合
en-us	(ii) the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger obtains approval for the absorption-type merger agreement by the shareholders resolution referred to in Article 139-8, paragraph (1).

ja-jp	３　会社法第九百四十条第一項（第一号に係る部分に限る。）及び第三項の規定は、吸収合併存続株式会社金融商品取引所が電子公告により前項の公告をする場合について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	(3) The provisions of Article 940, paragraph (1) (limited to the part that involves item (i)) and paragraph (3) of the Companies Act apply mutatis mutandis if the Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger issues the public notice referred to in the preceding paragraph through an Electronic Public Notice. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	（株式買取請求）
en-us	(Demanding a Share Buy-out)

ja-jp	第百三十九条の十一　吸収合併をする場合には、次の各号に掲げる場合における当該各号に定める株主は、吸収合併存続株式会社金融商品取引所に対し、自己の有する株式を公正な価格で買い取ることを請求することができる。
en-us	Article 139-11 (1) If an absorption-type merger is effected, in a case set forth in one of the following items, the shareholder set forth in that item may demand the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger to buy-out its shares at a fair price:

ja-jp	一　吸収合併をするために株主総会（種類株主総会を含む。）の決議を要する場合　次に掲げる株主
en-us	(i) if a shareholders resolution (including a class shareholders resolution) is required in order for the absorption-type merger to be effected: the following shareholders:

ja-jp	イ　当該株主総会に先立つて当該吸収合併に反対する旨を当該吸収合併存続株式会社金融商品取引所に対し通知し、かつ、当該株主総会において当該吸収合併に反対した株主（当該株主総会において議決権を行使することができるものに限る。）
en-us	(a) a shareholder that notifies the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger that it is against the absorption-type merger prior to the shareholders meeting, and that opposes the absorption-type merger at the shareholders meeting (limited to one that is entitled to exercise voting rights at that shareholders meeting); or

ja-jp	ロ　当該株主総会において議決権を行使することができない株主
en-us	(b) a shareholder that is not entitled to exercise the voting rights at the shareholders meeting.

ja-jp	二　前号に規定する場合以外の場合　すべての株主
en-us	(ii) cases other than that prescribed in the preceding item: all shareholders.

ja-jp	２　会社法第七百九十七条第五項から第七項まで、第七百九十八条、第八百六十八条第一項、第八百七十条（第四号に係る部分に限る。）、第八百七十一条本文、第八百七十二条（第四号に係る部分に限る。）、第八百七十三条本文、第八百七十五条及び第八百七十六条の規定は、前項の規定による請求について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	(2) The provisions of Article 797, paragraphs (5) to (7) inclusive of the Companies Act and of Article 798; Article 868, paragraph (1); Article 870 (limited to the part that involves item (iv)); the main clause of Article 871; Article 872 (limited to the part that involves item (iv)); the main clause of Article 873; Article 875; and Article 876 of that Act apply mutatis mutandis to a demand under the preceding paragraph. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	（債権者の異議）
en-us	(Objection of the Creditors)

ja-jp	第百三十九条の十二　吸収合併存続株式会社金融商品取引所の債権者は、吸収合併存続株式会社金融商品取引所に対し、吸収合併について異議を述べることができる。
en-us	Article 139-12 (1) The creditor of a Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger may state an objection to the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger with regard to the absorption-type merger.

ja-jp	２　吸収合併存続株式会社金融商品取引所は、次に掲げる事項を官報に公告し、かつ、知れている債権者（会社法第七百二条に規定する社債管理者（第八項において単に「社債管理者」という。）がある場合にあつては、当該社債管理者を含む。）には、各別にこれを催告しなければならない。ただし、第四号の期間は、一月を下ることができない。
en-us	(2) The Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger shall make a public notice of the following particulars in the Official Gazette, and shall give a notice of those particulars to its known creditors individually (including to the corporate bond manager under Article 702 of the Companies Act (simply referred to as the "Corporate Bond Manager" in paragraph (8)), if there is a Corporate Bond Manager); provided, however, that the period set forth in item (iv) may not be less than one month:

ja-jp	一　吸収合併をする旨
en-us	(i) that an absorption-type merger will be effected;

ja-jp	二　吸収合併消滅会員金融商品取引所の名称及び住所
en-us	(ii) the name and address of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger;

ja-jp	三　吸収合併存続株式会社金融商品取引所の計算書類に関する事項として内閣府令で定めるもの
en-us	(iii) particulars specified by Cabinet Office Ordinance as pertinent to the financial statements of the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger; and

ja-jp	四　債権者が一定の期間内に異議を述べることができる旨
en-us	(iv) that a creditor may state an objection within a specified period.

ja-jp	３　前項の規定にかかわらず、吸収合併存続株式会社金融商品取引所が同項の規定による公告を、官報のほか、会社法第九百三十九条第一項の規定による定款の定めに従い、同項第二号に掲げる公告方法（同法第二条第三十三号に規定する公告方法をいう。）又は電子公告によりするときは、前項の規定による各別の催告は、することを要しない。
en-us	(3) Notwithstanding the provisions of the preceding paragraph, if the Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger makes a public notice under in that paragraph both in the Official Gazette and by the Means of Public Notice set forth in Article 939, paragraph (1), item (ii) of the Companies Act (meaning a Means of Public Notice as defined in Article 2, item (xxxiii) of that Act) or through an Electronic Public Notice, in accordance with the provisions of the articles of incorporation under Article 939, paragraph (1) of that Act, the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger is not required to give the individual notice under the preceding paragraph.

ja-jp	４　債権者が第二項第四号の期間内に異議を述べなかつたときは、当該債権者は、当該吸収合併について承認をしたものとみなす。
en-us	(4) If a creditor does not state an objection within the period referred to in paragraph (2), item (iv), the creditor is deemed to accept the absorption-type merger.

ja-jp	５　債権者が第二項第四号の期間内に異議を述べたときは、吸収合併存続株式会社金融商品取引所は、当該債権者に対し、弁済し、若しくは相当の担保を提供し、又は当該債権者に弁済を受けさせることを目的として信託会社等に相当の財産を信託しなければならない。ただし、当該吸収合併をしても当該債権者を害するおそれがないときは、この限りでない。
en-us	(5) If a creditor states an objection within the period referred to in paragraph (2), item (iv), the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger shall pay its debt or provide suitable collateral to the creditor, or shall deposit suitable property with a Trust Company, etc. for the purpose of allowing the creditor to receive payment for the debt; provided, however, that this does not apply if the Absorption-Type Merger is unlikely to be detrimental to the creditor.

ja-jp	６　会社法第九百四十条第一項（第三号に係る部分に限る。）及び第三項の規定は、吸収合併存続株式会社金融商品取引所が電子公告により第二項の規定による公告をする場合について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	(6) The provisions of Article 940, paragraph (1) (limited to the part that involves item (iii)) and paragraph (3) of the Companies Act apply mutatis mutandis if the Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger makes a public notice under paragraph (2) through an Electronic Public Notice. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	７　第一項の規定により社債権者が異議を述べるには、社債権者集会の決議によらなければならない。この場合においては、裁判所は、利害関係人の申立てにより、社債権者のために異議を述べることができる期間を伸長することができる。
en-us	(7) In order for corporate bondholders to state an objection pursuant to the provisions of paragraph (1), they must do so pursuant to a corporate bondholders meeting resolution. In such a case, the court may extend the period for a corporate bondholder to state an objection, at the petition of an interested party.

ja-jp	８　前項の規定にかかわらず、社債管理者は、社債権者のために異議を述べることができる。ただし、会社法第七百二条の規定による委託に係る契約に別段の定めがある場合は、この限りでない。
en-us	(8) Notwithstanding the provisions of the preceding paragraph, a Corporate Bond Manager may state an objection on behalf of a corporate bondholder; provided, however, that this does not apply if otherwise provided for in the contract for entrustment under Article 702 of the Companies Act.

ja-jp	９　会社法第八百六十八条第三項、第八百七十条（第十一号に係る部分に限る。）、第八百七十一条本文、第八百七十二条（第四号に係る部分に限る。）、第八百七十五条及び第八百七十六条の規定は、第七項の申立てに係る事件について準用する。
en-us	(9) The provisions of Article 868, paragraph (3) of the Companies Act and of Article 870 (limited to the part that involves item (xi)); the main clause of Article 871; Article 872 (limited to the part that involves item (iv)); Article 875; and Article 876 of that Act apply mutatis mutandis to a case that is subject to the petition referred to in paragraph (7).

ja-jp	（吸収合併等に関する書面等の備置き及び閲覧等）
en-us	(The Keeping and Inspection of Absorption-Type Merger Documents)

ja-jp	第百三十九条の十三　吸収合併存続株式会社金融商品取引所は、効力発生日後遅滞なく、吸収合併により吸収合併存続株式会社金融商品取引所が承継した吸収合併消滅会員金融商品取引所の権利義務その他の吸収合併に関する事項として内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録を作成しなければならない。
en-us	Article 139-13 (1) The Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger shall prepare documents or electronic or magnetic records that state or contain a record of the rights and obligations of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger to which Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger has succeeded as a result of the absorption-type merger, and that state or contain a record of other particulars specified by Cabinet Office Ordinance as pertinent to the absorption-type merger, without delay after the Effective Date.

ja-jp	２　吸収合併存続株式会社金融商品取引所は、効力発生日から六月間、前項の書面又は電磁的記録をその本店に備え置かなければならない。
en-us	(2) During the six-month period beginning from the Effective Date, the Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger shall keep the documents or electronic or magnetic records set forth in the preceding paragraph at its head office.

ja-jp	３　吸収合併存続株式会社金融商品取引所の株主及び債権者は、吸収合併存続株式会社金融商品取引所に対して、その営業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号に掲げる請求をするには、当該吸収合併存続株式会社金融商品取引所の定めた費用を支払わなければならない。
en-us	(3) The shareholder or creditor of a Stock Company-Operated Financial Instruments Exchange Surviving an Absorption-Type Merger may make the following requests of the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger at any time during its business hours; provided, however, that in making the request set forth in item (ii) or (iv), the shareholder or creditor must pay the cost determined by the Stock Company-Operated Financial Instruments Exchange Surviving the Absorption-Type Merger:

ja-jp	一　前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in the preceding paragraph;

ja-jp	二　前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in the preceding paragraph;

ja-jp	三　前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　前項の電磁的記録に記録された事項を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph by the electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	（新設合併等に関する書面等の備置き及び閲覧等）
en-us	(The Keeping and Inspection of Consolidation-Type Merger Documents)

ja-jp	第百三十九条の十四　新設合併消滅株式会社金融商品取引所（会員金融商品取引所と株式会社金融商品取引所とが新設合併をする場合における当該新設合併消滅株式会社金融商品取引所に限る。以下この目において同じ。）は、次条第一項の株主総会の日の二週間前の日から新設合併設立株式会社金融商品取引所の成立の日までの間、新設合併契約の内容その他内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録をその本店に備え置かなければならない。
en-us	Article 139-14 (1) During the period from two weeks prior to the day of the shareholders meeting referred to in the paragraph (1) of the following Article until the day of establishment of the Stock Company-Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger, the Stock Company-Operated Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger (limited to the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger, in the case of a consolidation-type merger between an Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange; hereinafter the same applies in this Division) shall keep documents or electronic or magnetic records that state or contain a record of the details of the Consolidation-Type Merger agreement and other particulars specified by Cabinet Office Ordinance, at their head offices.

ja-jp	２　新設合併消滅株式会社金融商品取引所の株主及び債権者は、新設合併消滅株式会社金融商品取引所に対して、その営業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号に掲げる請求をするには、新設合併消滅株式会社金融商品取引所の定めた費用を支払わなければならない。
en-us	(2) The shareholder or creditor of a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger may make the following requests of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger at any time during its business hours; provided, however, that in making the request set forth in item (ii) or (iv), the shareholder or creditor must pay the cost determined by the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger:

ja-jp	一　前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in the preceding paragraph;

ja-jp	二　前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in the preceding paragraph;

ja-jp	三　前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　前項の電磁的記録に記録された事項を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph by an electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	（新設合併契約の承認）
en-us	(Approval of Consolidation-Type Merger Agreement)

ja-jp	第百三十九条の十五　新設合併消滅株式会社金融商品取引所は、株主総会の決議によつて、新設合併契約の承認を受けなければならない。
en-us	Article 139-15 (1) A Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger must obtain approval for the consolidation-type merger agreement by a shareholders resolution.

ja-jp	２　前項の株主総会の決議は、当該株主総会において議決権を行使することができる株主の議決権の過半数（三分の一以上の割合を定款で定めた場合にあつては、その割合以上）を有する株主が出席し、出席した当該株主の議決権の三分の二（これを上回る割合を定款で定めた場合にあつては、その割合）以上に当たる多数をもつて行わなければならない。この場合においては、当該決議の要件に加えて、一定の数以上の株主の賛成を要する旨その他の要件を定款で定めることを妨げない。
en-us	(2) The shareholders resolution referred to in the preceding paragraph must be effected with at least a two-thirds majority (or, if a higher proportion is provided for in the articles of incorporation, at least such a proportion) of the votes of the attending shareholders, at a meeting where shareholders holding over half the voting rights (if a proportion of one-third or more is specified by the articles of incorporation, at least such a proportion) of the shareholders that are entitled to exercise voting rights at the relevant shareholders meeting, are present. In such a case, a Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger is not precluded from setting provisions in its articles of incorporation requiring at least a certain number of affirmative votes from the shareholders or other requirements, in addition to the requirement for such a resolution.

ja-jp	３　前項の規定にかかわらず、新設合併消滅株式会社金融商品取引所が公開会社である場合において、新設合併消滅株式会社金融商品取引所の株主に対して交付する新設合併設立株式会社金融商品取引所の株式の全部又は一部が譲渡制限株式であるときは、第一項の株主総会（種類株式発行会社の株主総会を除く。）の決議は、会社法第三百九条第三項に定める決議によらなければならない。
en-us	(3) Notwithstanding the provisions of the preceding paragraph, if a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger is a Public Company, and all or part of the shares in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger that will be delivered to the shareholders of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger are shares with a restriction on transfer, the shareholders resolution referred to in paragraph (1) (excluding a shareholders resolution at a company with class shares) must be in accordance with Article 309, paragraph (3) of the Companies Act.

ja-jp	４　新設合併消滅株式会社金融商品取引所が種類株式発行会社である場合において、新設合併消滅株式会社金融商品取引所の株主に対して交付する新設合併設立株式会社金融商品取引所の株式の全部又は一部が譲渡制限株式であるときは、当該新設合併は、当該譲渡制限株式の割当てを受ける種類の株式（譲渡制限株式を除く。）の種類株主を構成員とする種類株主総会（当該種類株主に係る株式の種類が二以上ある場合にあつては、当該二以上の株式の種類別に区分された種類株主を構成員とする各種類株主総会）の決議がなければ、その効力を生じない。ただし、当該種類株主総会において議決権を行使することができる株主が存しない場合は、この限りでない。
en-us	(4) If a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger is a company with class shares, and all or part of the shares in the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger that will be delivered to the shareholders of the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger are shares with a restriction on transfer, the Consolidation-Type Merger does not become effective without a resolution of the class shareholders for the class of shares (other than shares with a restriction on transfer) subject to the allotment of shares with a restriction on transfer (or, if there are two or more classes of shares associated with such class shareholders, without the resolutions of each group of class shareholders whose constituent members are the class shareholders in each separate class of those two or more classes of shares); provided, however, that this does not apply if there are no shareholders that are entitled to exercise their voting rights at such a class shareholders meeting.

ja-jp	５　前項の種類株主総会の決議は、当該種類株主総会において議決権を行使することができる株主の半数以上（これを上回る割合を定款で定めた場合にあつては、その割合以上）であつて、当該株主の議決権の三分の二（これを上回る割合を定款で定めた場合にあつては、その割合）以上に当たる多数をもつて行わなければならない。
en-us	(5) The class shareholders resolution referred to in the preceding paragraph is effected with a majority that constitutes at least two-thirds (or, if a higher proportion is provided for in the articles of incorporation, such a proportion) of the votes of at least half (or, if a higher proportion is provided for in the articles of incorporation, at least such a proportion) of the number of shareholders that are entitled to exercise voting rights at the relevant class shareholders meeting.

ja-jp	（株主等に対する通知）
en-us	(Notifying the Shareholders)

ja-jp	第百三十九条の十六　新設合併消滅株式会社金融商品取引所は、前条第一項の株主総会の決議の日から二週間以内に、その株主及び登録株式質権者並びにその新株予約権者及び登録新株予約権質権者に対し、新設合併をする旨並びに他の新設合併消滅金融商品取引所及び新設合併設立株式会社金融商品取引所の名称又は商号及び住所を通知しなければならない。
en-us	Article 139-16 (1) A Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger must notify its shareholders and registered pledgees of shares as well as the holders of share options and registered pledgees of share options that a consolidation-type merger will be effected, and must indicate the names or trade names and addresses of any other Financial Instruments Exchange Disappearing in the Consolidation-Type Merger and of the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger, within two weeks from the day of the shareholders resolution set forth in paragraph (1) of the preceding Article.

ja-jp	２　前項の規定による通知は、公告をもつてこれに代えることができる。
en-us	(2) Public notice may be substituted for the notice under the preceding paragraph.

ja-jp	３　会社法第九百四十条第一項（第一号に係る部分に限る。）及び第三項の規定は、新設合併消滅株式会社金融商品取引所が電子公告により前項の公告をする場合について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	(3) The provisions of Article 940, paragraph (1) (limited to the part that involves item (i)) and paragraph (3) of the Companies Act apply mutatis mutandis if a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger makes the public notice referred to in the preceding paragraph through an Electronic Public Notice. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	（株式買取請求）
en-us	(Demanding a Share Buy-out)

ja-jp	第百三十九条の十七　新設合併をする場合には、次に掲げる株主は、新設合併消滅株式会社金融商品取引所に対し、自己の有する株式を公正な価格で買い取ることを請求することができる。
en-us	Article 139-17 (1) If a consolidation-type merger is effected, the following shareholders may demand a Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger to buy-out its shares at a fair price:

ja-jp	一　新設合併契約を承認するための株主総会（種類株主総会を含む。）に先立つて当該新設合併に反対する旨を当該新設合併消滅株式会社金融商品取引所に対し通知し、かつ、当該株主総会において当該新設合併に反対した株主（当該株主総会において議決権を行使することができるものに限る。）
en-us	(i) a shareholder that notifies the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger that it is against the consolidation-type merger prior to the shareholders meeting (including a class shareholders meeting) for approving the consolidation-type merger agreement, and that opposes the consolidation-type merger at the shareholders meeting (limited to one that is entitled to exercise voting rights at that shareholders meeting); and

ja-jp	二　当該株主総会において議決権を行使することができない株主
en-us	(ii) a shareholder that is not entitled to exercise voting rights at such a shareholders meeting.

ja-jp	２　会社法第八百六条第五項から第七項まで、第八百七条、第八百六十八条第一項、第八百七十条（第四号に係る部分に限る。）、第八百七十一条本文、第八百七十二条（第四号に係る部分に限る。）、第八百七十三条本文、第八百七十五条及び第八百七十六条の規定は、前項の規定による請求について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	(2) The provisions of Article 806, paragraphs (5) to (7) inclusive of the Companies Act and of Article 807; Article 868, paragraph (1); Article 870 (limited to the part that involves item (iv)); the main clause of Article 871; Article 872 (limited to the part that involves item (iv)); the main clause of Article 873; Article 875; and Article 876 of that Act apply mutatis mutandis to a demand under the preceding paragraph. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	（新株予約権買取請求）
en-us	(Demanding a Share Option Buy-out)

ja-jp	第百三十九条の十八　新設合併をする場合には、新設合併消滅株式会社金融商品取引所の新株予約権の新株予約権者は、新設合併消滅株式会社金融商品取引所に対し、自己の有する新株予約権を公正な価格で買い取ることを請求することができる。
en-us	Article 139-18 (1) If a consolidation-type merger is effected, a holder of share options in a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger may request the Stock Company-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger to buy out its share options at a fair price.

ja-jp	２　会社法第八百八条第五項から第七項まで、第八百九条、第八百六十八条第一項、第八百七十条（第四号に係る部分に限る。）、第八百七十一条本文、第八百七十二条（第四号に係る部分に限る。）、第八百七十三条本文、第八百七十五条及び第八百七十六条の規定は、前項の規定による請求について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	(2) The provisions of Article 808, paragraphs (5) to (7) inclusive of the Companies Act and of Article 809; Article 868, paragraph (1); Article 870 (limited to the part that involves item (iv)); the main clause of Article 871; Article 872 (limited to the part that involves item (iv)); the main clause of Article 873; Article 875; and Article 876 of that Act apply mutatis mutandis to a demand under the preceding paragraph. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	第百三十九条の十九　第百三十九条の十二の規定は、新設合併消滅株式会社金融商品取引所について準用する。
en-us	Article 139-19 The provisions of Article 139-12 apply mutatis mutandis to a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger.

ja-jp	（株式会社金融商品取引所の設立の特則）
en-us	(Special Provisions on the Incorporation of a Stock Company-Operated Financial Instruments Exchange)

ja-jp	第百三十九条の二十　会社法第二編第一章（第二十七条（第四号及び第五号を除く。）、第二十九条、第三十一条、第三十九条、第六節及び第四十九条を除く。）の規定は、新設合併設立株式会社金融商品取引所の設立については、適用しない。
en-us	Article 139-20 (1) The provisions of Part II, Chapter I (excluding Article 27 (other than items (iv) and (v)); Article 29; Article 31; Article 39; Section 6; and Article 49) of the Companies Act do not apply to the incorporation of a Stock Company-Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger.

ja-jp	２　新設合併設立株式会社金融商品取引所の定款は、新設合併消滅金融商品取引所が作成する。
en-us	(2) The Financial Instruments Exchanges Disappearing in a Consolidation-Type Merger shall prepare the articles of incorporation of the Stock Company-Operated Financial Instruments Exchange Established in the Consolidation-Type Merger.

ja-jp	（新設合併契約に関する書面等の備置き及び閲覧等）
en-us	(The Keeping and Inspection of Consolidation-Type Merger Agreement Documents)

ja-jp	第百三十九条の二十一　新設合併設立株式会社金融商品取引所は、その成立の日後遅滞なく、新設合併により新設合併設立株式会社金融商品取引所が承継した新設合併消滅金融商品取引所の権利義務その他の新設合併に関する事項として内閣府令で定める事項を記載し、又は記録した書面又は電磁的記録を作成しなければならない。
en-us	Article 139-21 (1) The Stock Company-Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger shall prepare documents or electronic or magnetic records that state or contain a record of the rights and obligations of the Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger to which the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger has succeeded as a result of the consolidation-type merger, and that state or contain a record of other particulars specified by Cabinet Office Ordinance as pertinent to the consolidation-type merger, without delay after the day of its establishment.

ja-jp	２　新設合併設立株式会社金融商品取引所は、その成立の日から六月間、前項の書面又は電磁的記録をその本店に備え置かなければならない。
en-us	(2) During the six-month period beginning from the day of its establishment, the Stock Company-Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger shall keep the documents or electronic or magnetic records referred to in the preceding paragraph at its head office.

ja-jp	３　新設合併設立株式会社金融商品取引所の株主及び債権者は、新設合併設立株式会社金融商品取引所に対して、その営業時間内は、いつでも、次に掲げる請求をすることができる。ただし、第二号又は第四号に掲げる請求をするには、当該新設合併設立株式会社金融商品取引所の定めた費用を支払わなければならない。
en-us	(3) The shareholder or creditor of a Stock Company-Operated Financial Instruments Exchange Incorporated in a Consolidation-Type Merger may make the following requests of the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger at any time during its business hours; provided, however, that in making the request set forth in item (ii) or (iv), the shareholder or creditor must pay the cost determined by the Stock Company-Operated Financial Instruments Exchange Incorporated in the Consolidation-Type Merger:

ja-jp	一　前項の書面の閲覧の請求
en-us	(i) a request to inspect a document referred to in the preceding paragraph;

ja-jp	二　前項の書面の謄本又は抄本の交付の請求
en-us	(ii) a request to be issued a certified copy or extract of a document referred to in the preceding paragraph;

ja-jp	三　前項の電磁的記録に記録された事項を内閣府令で定める方法により表示したものの閲覧の請求
en-us	(iii) a request to inspect something that shows the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph, through a means specified by Cabinet Office Ordinance; and

ja-jp	四　前項の電磁的記録に記録された事項を電磁的方法であつて内閣府令で定めるものにより提供することの請求又はその事項を記載した書面の交付の請求
en-us	(iv) a request to be provided with the particulars that have been recorded in the electronic or magnetic records referred to in the preceding paragraph by an electronic or magnetic means specified by Cabinet Office Ordinance, or a request to be issued a document that states those particulars.

ja-jp	第六目　合併の効力の発生等
en-us	Division 6 The Coming Into Effect of a Merger

ja-jp	（合併の認可）
en-us	(Authorization for a Merger)

ja-jp	第百四十条　金融商品取引所を全部又は一部の当事者とする合併（合併後存続する者又は合併により設立される者が金融商品取引所であるものに限る。）は、内閣総理大臣の認可を受けなければ、その効力を生じない。
en-us	Article 140 (1) A merger in which Financial Instruments Exchanges constitute all or part of the parties (limited to a merger in which the person surviving the merger or the person incorporated in the merger is a Financial Instruments Exchange) does not become effective without the authorization of the Prime Minister.

ja-jp	２　前項の認可を受けようとする者は、合併後存続する金融商品取引所又は合併により設立する金融商品取引所（以下この目において「合併後金融商品取引所」と総称する。）について、次に掲げる事項を記載した合併認可申請書を内閣総理大臣に提出しなければならない。
en-us	(2) A person seeking the authorization referred to in the preceding paragraph must submit a written application for authorization of a merger to the Prime Minister, in which it states the following particulars with regard to the Financial Instruments Exchange surviving the merger or the Financial Instruments Exchange incorporated in the merger (hereinafter collectively referred to as the "Financial Instruments Exchange Resulting from a Merger" in this Division):

ja-jp	一　名称又は商号
en-us	(i) its name or trade name;

ja-jp	二　事務所又は本店、支店その他の営業所の所在の場所
en-us	(ii) the locations of its offices, head office, branch offices, and any other business offices; and

ja-jp	三　役員の氏名又は名称及び会員等の商号又は名称
en-us	(iii) the names of its officers, and the trade names or names of its Members, etc.

ja-jp	３　前項の合併認可申請書には、合併契約の内容を記載し、又は記録した書面又は電磁的記録（内閣府令で定めるものに限る。以下この項において同じ。）、合併後金融商品取引所の定款、業務規程、受託契約準則その他の内閣府令で定める書面又は電磁的記録を添付しなければならない。
en-us	(3) Documents or electronic or magnetic records that state or contain a record of the contents of a merger agreement (limited to those specified by Cabinet Office Ordinance; hereinafter the same applies in this paragraph), and the articles of incorporation, operational rules, brokerage contract rules, and other documents or electronic or magnetic records specified by Cabinet Office Ordinance with regard to the Financial Instruments Exchange Resulting from a Merger must accompany the written application for authorization of a merger referred to in the preceding paragraph.

ja-jp	第百四十一条　内閣総理大臣は、前条第二項の規定による認可の申請があつた場合においては、その申請が次に掲げる基準に適合するかどうかを審査しなければならない。
en-us	Article 141 (1) Whenever an application for authorization under paragraph (2) of the preceding Article is filed, the Prime Minister shall examine whether the application conforms to the following criteria:

ja-jp	一　合併後金融商品取引所の定款、業務規程及び受託契約準則の規定が法令に適合し、かつ、取引所金融商品市場における有価証券の売買及び市場デリバティブ取引を公正かつ円滑にし、並びに投資者を保護するために十分であること。
en-us	(i) the provisions of the articles of incorporation, operational rules, and brokerage contract rules of the Financial Instruments Exchange Resulting from the Merger conform to laws and regulations, and are sufficient for ensuring fair and smooth purchase and sales of Securities and Market Transactions of Derivatives on the Financial Instruments Exchange Market, as well as for protecting investors;

ja-jp	二　合併後金融商品取引所が取引所金融商品市場を適切に運営するに足りる人的構成を有するものであること。
en-us	(ii) the Financial Instruments Exchange Resulting from the Merger has a sufficient personnel structure to run a Financial Instruments Exchange Market in an appropriate manner;

ja-jp	三　合併後金融商品取引所が金融商品取引所としてこの法律の規定に適合するように組織されるものであること。
en-us	(iii) the Financial Instruments Exchange Resulting from the Merger will be organized as a Financial Instruments Exchange in a manner that conforms to the provisions of this Act; and

ja-jp	四　合併後金融商品取引所において、合併により消滅する金融商品取引所の開設している取引所金融商品市場における有価証券の売買及び市場デリバティブ取引に関する業務の承継が円滑かつ適切に行われる見込みが確実であること。
en-us	(iv) it is reliable to expect that the Financial Instruments Exchange Resulting from the Merger will smoothly and appropriately succeed to business connected with the purchase and sale of Securities and Market Transactions of Derivatives on the Financial Instruments Exchange Markets operated by the Financial Instruments Exchanges that disappear as a result of the merger.

ja-jp	２　内閣総理大臣は、前項の規定により審査した結果、その申請が同項の基準に適合していると認めたときは、次の各号のいずれかに該当する場合を除いて、合併を認可しなければならない。
en-us	(2) If, as a result of having conducted an examination pursuant to the provisions of the preceding paragraph, the Prime Minister finds that an application conforms to the criteria in that paragraph, the Prime Minister shall authorize the merger, except in a case that falls under one of the following items:

ja-jp	一　役員のうちに第二十九条の四第一項第二号イからトまで又は会社法第三百三十一条第一項第三号のいずれかに該当する者があるとき。
en-us	(i) a person falling under one of Article 29-4, paragraph (1), item (ii), sub-items (a) to (g) inclusive of this Act or Article 331, paragraph (1), item (iii) of the Companies Act is an officer; or

ja-jp	二　合併認可申請書又はこれに添付すべき書類若しくは電磁的記録のうちに重要な事項について虚偽の記載又は記録があるとき。
en-us	(ii) the written application for authorization of the merger or a document or electronic or magnetic record that is required to accompany it contains a false statement or false record about a material particular.

ja-jp	（みなし免許等）
en-us	(Deemed License)

ja-jp	第百四十二条　第百四十条第一項の認可を受けて設立された金融商品取引所は、当該設立の時に、第八十条第一項の免許を受けたものとみなす。
en-us	Article 142 (1) A Financial Instruments Exchange that is incorporated after obtaining Article 140, paragraph (1) authorization is deemed to have been licensed as referred to in Article 80, paragraph (1) at the time of incorporation.

ja-jp	２　吸収合併存続金融商品取引所は、効力発生日に、吸収合併消滅金融商品取引所の権利義務（当該吸収合併消滅金融商品取引所がその行う業務に関し、行政官庁の認可その他の処分に基づいて有する権利義務を含む。）を承継する。
en-us	(2) The Financial Instruments Exchange Surviving an Absorption-Type Merger succeeds to the rights and obligations of the Financial Instruments Exchange Disappearing in the Absorption-Type Merger (including the rights and obligations that the Financial Instruments Exchange Disappearing in the Absorption-Type Merger has in connection with business it conducts based on the authorization or any other disposition of a government agency) on the Effective Date.

ja-jp	３　吸収合併消滅金融商品取引所の吸収合併による解散は、吸収合併の登記の後でなければ、これをもつて第三者に対抗することができない。
en-us	(3) The dissolution of a Financial Instruments Exchange Disappearing in an Absorption-Type Merger as a result of the absorption-type merger may not be asserted against a third party until after the registration of the absorption-type merger.

ja-jp	４　新設合併設立金融商品取引所は、その成立の日に、新設合併消滅金融商品取引所の権利義務（当該新設合併消滅金融商品取引所がその行う業務に関し、行政官庁の認可その他の処分に基づいて有する権利義務を含む。）を承継する。
en-us	(4) A Financial Instruments Exchange Incorporated in a Consolidation-Type Merger succeeds to the rights and obligations of the Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger on the day of its establishment (including the rights and obligations that the Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger have in connection with business they conduct based on the authorization or any other disposition of a government agency).

ja-jp	５　次の各号に掲げる規定に規定する場合には、吸収合併消滅会員金融商品取引所若しくは新設合併消滅会員金融商品取引所の会員又は新設合併消滅株式会社金融商品取引所の株主は、当該各号に定める事項についての定めに従い、当該各号に掲げる規定の株式の株主となる。
en-us	(5) In the cases prescribed in the provisions that are set forth in the following items, the members of an Incorporated Association-Operated Financial Instruments Exchange Disappearing in an Absorption-Type Merger, the members of an Incorporated Association-Operated Financial Instruments Exchange Operated Disappearing in a Consolidation-Type Merger, or the shareholders of a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger, become shareholders of the shares prescribed in the provisions that are set forth in the relevant item, in accordance with the provisions on the particulars provided for in that item:

ja-jp	一　第百三十九条第二号イ　同条第三号に掲げる事項
en-us	(i) Article 139, item (ii), sub-item (a): particulars set forth in item (iii) of that Article; and

ja-jp	二　第百三十九条の二第一項第六号　同項第七号に掲げる事項
en-us	(ii) Article 139-2, paragraph (1), item (vi): particulars set forth in item (vii) of that paragraph.

ja-jp	６　合併により消滅する株式会社金融商品取引所の新株予約権は、効力発生日に消滅する。
en-us	(6) Share options in a Stock Company-Operated Financial Instruments Exchange that disappears as a result of a merger disappear on the Effective Date.

ja-jp	７　合併により消滅した金融商品取引所の開設していた取引所金融商品市場において成立した有価証券の売買及び市場デリバティブ取引であつて決済を結了していないものは、合併後金融商品取引所の開設する取引所金融商品市場において同一の条件で成立した取引とみなす。
en-us	(7) The outstanding purchase and sales of Securities and Market Transactions of Derivatives entered into on a Financial Instruments Exchange Market that was operated by a Financial Instruments Exchange that has disappeared as a result of a merger are deemed to be transactions entered into on the Financial Instruments Exchange Market operated by the Financial Instruments Exchange Resulting from the Merger, under the same conditions.

ja-jp	８　前各項の規定は、次に掲げる場合には、適用しない。
en-us	(8) The provisions of the preceding paragraphs do not apply to the following cases:

ja-jp	一　第百三十九条の三第五項若しくは第百三十九条の四第四項において準用する第百一条の四又は第百三十九条の十二（第百三十九条の十九において準用する場合を含む。）の規定による手続が終了していない場合
en-us	(i) the procedures under Article 101-4, as applied mutatis mutandis pursuant to Article 139-3, paragraph (5) or Article 139-4, paragraph (4), or the procedures under Article 139-12 (including as applied mutatis mutandis pursuant to Article 139-19) have not been completed; or

ja-jp	二　吸収合併を中止した場合
en-us	(ii) the absorption-type merger is suspended.

ja-jp	（一に満たない端数の処理等）
en-us	(Dealing with Parts Less than the Whole)

ja-jp	第百四十三条　会社法第二百三十四条第一項から第五項まで、第八百六十八条第一項、第八百六十九条、第八百七十一条、第八百七十四条（第四号に係る部分に限る。）、第八百七十五条及び第八百七十六条の規定は、第百三十六条第一項の合併により出資一口又は一株に満たない端数を生ずる場合について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	Article 143 (1) The provisions of Article 234, paragraphs (1) to (5) inclusive of the Companies Act and of Article 868, paragraph (1); Article 869; Article 871; Article 874 (limited to the part that involves item (iv)); Article 875; and Article 876 of that Act apply mutatis mutandis if parts that constitute less than one unit of contribution or one share result from the merger under Article 136, paragraph (1). The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	２　合併に際して資本準備金として計上すべき額その他合併に際しての計算に関し必要な事項は、内閣府令で定める。
en-us	(2) The amounts that are required to be included in the capital reserves at the time of a merger and necessary particulars otherwise relevant to the accounting at the time of a merger are specified by Cabinet Office Ordinance.

ja-jp	（株券等の提出）
en-us	(Submission of Share Certificates)

ja-jp	第百四十四条　会社法第二百十九条第一項（第六号に係る部分に限る。）、第二項及び第三項、第二百二十条並びに第二百九十三条第一項（第三号に係る部分に限る。）及び第二項から第四項までの規定は、新設合併消滅株式会社金融商品取引所について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	Article 144 (1) The provisions of Article 219, paragraph (1) (limited to the part that involves item (vi)), paragraphs (2) and (3) of the Companies Act and of Article 220 and Article 293, paragraph (1) (limited to the part that involves item (iii)) and paragraphs (2) to (4) inclusive of that Act apply mutatis mutandis to a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	２　会社法第九百四十条第一項（第一号に係る部分に限る。）及び第三項の規定は新設合併消滅株式会社金融商品取引所が電子公告により前項において準用する同法第二百十九条第一項又は第二百九十三条第一項の規定による公告をする場合について、同法第九百四十条第一項（第三号に係る部分に限る。）及び第三項の規定は新設合併消滅株式会社金融商品取引所が電子公告により前項において準用する同法第二百二十条第一項（前項において準用する同法第二百九十三条第四項において準用する場合を含む。）の規定による公告をする場合について、それぞれ準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	(2) The provisions of Article 940, paragraph (1) (limited to the part that involves item (i)) and paragraph (3) of the Companies Act apply mutatis mutandis if a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger makes a public notice under Article 219, paragraph (1) or Article 293, paragraph (1) of that Act as applied mutatis mutandis pursuant to the preceding paragraph through an Electronic Public Notice; and the provisions of Article 940, paragraph (1) (limited to the part that involves item (iii)) and paragraph (3) of that Act apply mutatis mutandis if a Stock Company-Operated Financial Instruments Exchange Disappearing in a Consolidation-Type Merger issues the public notice under Article 220, paragraph (1) of that Act as applied mutatis mutandis pursuant to the preceding paragraph (including as applied mutatis mutandis pursuant to Article 293, paragraph (4) of that Act, as applied mutatis mutandis pursuant to the preceding paragraph) through an Electronic Public Notice. The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	（商業登記法の準用）
en-us	(Mutatis Mutandis Application of the Commercial Registration Act)

ja-jp	第百四十五条　商業登記法第七十九条、第八十条（第二号、第六号、第九号及び第十号を除く。）、第八十一条（第三号、第六号、第九号及び第十号を除く。）、第八十二条及び第八十三条の規定は、第百三十六条第二項第一号に掲げる場合における合併による会員金融商品取引所の登記について準用する。この場合において、同法第七十九条中「商号及び本店」とあるのは「名称及び主たる事務所」と、同法第八十条第三号及び第八号並びに第八十一条第八号中「日刊新聞紙又は電子公告」とあるのは「日刊新聞紙」と、同法第八十条第四号中「資本金の額」とあるのは「出資の総額」と、同条第五号及び同法第八十一条第五号中「本店」とあるのは「事務所」と、同法第八十条第七号中「吸収合併消滅会社が持分会社であるときは、総社員の同意（定款に別段の定めがある場合にあつては、その定めによる手続）があつたことを証する書面」とあるのは「吸収合併をする会員金融商品取引所の合併総会の議事録」と、同条第八号及び同法第八十一条第八号中「株式会社又は合同会社」とあるのは「会員金融商品取引所」と、同条中「次の書面」とあるのは「次の書面及び代表権を有する者の資格を証する書面」と、同条第七号中「新設合併消滅会社が持分会社であるときは、総社員の同意（定款に別段の定めがある場合にあつては、その定めによる手続）があつたことを証する書面」とあるのは「新設合併消滅会員金融商品取引所の合併総会の議事録」と、同法第八十二条第二項から第四項まで及び第八十三条中「本店」とあるのは「主たる事務所」と読み替えるものとするほか、必要な技術的読替えは、政令で定める。
en-us	Article 145 (1) The provisions of Article 79 of the Commercial Registration Act and of Article 80 (excluding items (ii), (vi), (ix) and (x)); Article 81 (excluding items (iii), (vi), (ix) and (x)); Article 82; and Article 83 of that Act shall mutatis mutandis to the registration of an Incorporated Association- Operated Financial Instruments Exchange upon merger in a case set forth in Article 136, paragraph (2), item (i). In this case, in Article 79 of that Act, the phrase "trade name and head office" is deemed to be replaced with "name and principal office"; in Article 80, items (iii) and (viii), and Article 81, item (viii) of that Act, the phrase "publication in a daily newspaper that publishes matters on current affairs or by means of electronic public notices" is deemed to be replaced with "publication in a daily newspaper that publishes information on current affairs"; in Article 80, item (iv) of that Act, the phrase "amount of stated capital" is deemed to be replaced with "total amount of contributions"; in Article 80, item (v) and Article 81, item (v) of that Act, the term "head office" is deemed to be replaced with "office"; in Article 80, item (vii) of that Act, the phrase "in cases where a company absorbed in absorption-type merger is a membership company, a document evidencing that the consent of all members has been obtained (or, in cases where otherwise provided for in its articles of incorporation, that the procedures under such provision have been performed)" is deemed to be replaced with "minutes of the general meeting of members concerning the merger of the Incorporated Association-Operated Financial Instruments Exchange effecting the absorption-type merger"; in Article 80, item (viii) and Article 81, item (viii) of that Act, the phrase "a stock company or a limited liability company" is deemed to be replaced with " Incorporated Association- Operated Financial Instruments Exchange " and in those Articles, the phrase "the following documents" is deemed to be replaced with "the following documents and a document evidencing the credentials of the person with the authority of representation"; in Article 81, item (vii) of that Act, the phrase "in cases where a company consolidated through consolidation-type merger is a membership company, a document evidencing that the consent of all members has been obtained (or, in cases where otherwise provided for in its articles of incorporation, that the procedures under said provision have been performed)" is deemed to be replaced with "minutes of the general meetings of members concerning the merger of the Incorporated Association-Operated Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger"; in Article 82, paragraphs (2) to (4) inclusive and Article 83 of that Act, the term "head office" is deemed to be replaced with "principal office"; and any other necessary technical replacement of terms is specified by Cabinet Order.

ja-jp	２　商業登記法第七十九条、第八十条（第六号、第九号及び第十号を除く。）及び第八十一条から第八十三条までの規定は、第百三十六条第二項第二号に掲げる場合における合併による会員金融商品取引所及び株式会社金融商品取引所の登記について準用する。この場合において、同法第七十九条中「商号及び本店」とあるのは「名称又は商号及び主たる事務所又は本店」と、同法第八十条第五号中「本店」とあるのは「事務所」と、同条第七号中「吸収合併消滅会社が持分会社であるときは、総社員の同意（定款に別段の定めがある場合にあつては、その定めによる手続）があつたことを証する書面」とあるのは「吸収合併消滅会員金融商品取引所の合併総会の議事録」と、同条第八号中「日刊新聞紙又は電子公告」とあるのは「日刊新聞紙」と、「株式会社又は合同会社」とあるのは「会員金融商品取引所」と、同法第八十一条第五号中「本店」とあるのは「事務所又は本店」と、同条第七号中「新設合併消滅会社が持分会社であるときは、総社員の同意（定款に別段の定めがある場合にあつては、その定めによる手続）があつたことを証する書面」とあるのは「新設合併消滅会員金融商品取引所の合併総会の議事録」と、同条第八号中「株式会社又は合同会社」とあるのは「会員金融商品取引所又は株式会社金融商品取引所」と、同法第八十三条第二項中「新設合併消滅会社の本店」とあるのは「新設合併消滅金融商品取引所の主たる事務所及び本店」と読み替えるものとするほか、必要な技術的読替えは、政令で定める。
en-us	(2) The provisions of Article 79 of the Commercial Registration Act and of Article 80 (excluding items (vi), (ix) and (x)) and Articles 81 to 83 inclusive of that Act apply mutatis mutandis to the registration of a Incorporated Association-Operated Financial Instruments Exchange or Stock Company-Operated Financial Instruments Exchange upon merger in a case set forth in Article 136, paragraph (2), item (ii). In this case, in Article 79 of that Act, the phrase "trade name and head office" is deemed to be replaced with "name or trade name, and the principal office or head office"; in Article 80, item (v) of that Act, the term "head office" is deemed to be replaced with "office"; in Article 80, item (vii) of that Act, the phrase "in cases where a company absorbed in absorption-type merger is a membership company, a document evidencing that the consent of all members has been obtained (or, in cases where otherwise provided for in its articles of incorporation, that the procedures under such provision have been performed)" is deemed to be replaced with "minutes of the general meeting of members concerning the merger of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Absorption-Type Merger"; in Article 80, item (viii) of that Act, the phrase "publication in a daily newspaper that publishes matters on current affairs or by means of electronic public notices" is deemed to be replaced with "publication in a daily newspaper that publishes information on current affairs" and the phrase "a stock company or a limited liability company" is deemed to be replaced with "an Incorporated Association-Operated Financial Instruments Exchange "; in Article 81, item (v) of that Act, the term "head office" is deemed to be replaced with "office or head office"; in Article 81, item (vii) of that Act, the phrase" in cases where a company consolidated through consolidation-type merger is a membership company, a documents evidencing that the consent of all members has been obtained (or, in cases where otherwise provided for in its articles of incorporation, that the procedures under said provision have been performed)" is deemed to be replaced with "minutes of the general meetings of members concerning the merger of the Incorporated Association-Operated Financial Instruments Exchange Disappearing in the Consolidation-Type Merger"; in Article 81, item (viii) of that Act, the phrase "a stock company or a limited liability company" is deemed to be replaced with "an Incorporated Association-Operated Financial Instruments Exchange or Stock Company-Operated Financial Instruments Exchange"; in Article 83, paragraph (2) of that Act, the phrase "the head office of a company consolidated through consolidation-type merger" is deemed to be replaced with "the principal offices and head offices of the Financial Instruments Exchanges Disappearing in the Consolidation-Type Merger"; and any other necessary technical replacement of terms is specified by Cabinet Order.

ja-jp	（合併の無効の訴え）
en-us	(Action to Invalidate a Merger)

ja-jp	第百四十六条　会社法第八百二十八条第一項（第七号及び第八号に係る部分に限る。）及び第二項（第七号及び第八号に係る部分に限る。）、第八百三十四条（第七号及び第八号に係る部分に限る。）、第八百三十五条第一項、第八百三十六条から第八百三十九条まで、第八百四十三条（第一項第三号及び第四号並びに第二項ただし書を除く。）、第八百四十六条並びに第九百三十七条第三項（第二号及び第三号に係る部分に限る。）及び第四項の規定は第百三十六条第一項の合併の無効の訴えについて、同法第八百六十八条第五項、第八百七十条（第十五号に係る部分に限る。）、第八百七十一条本文、第八百七十二条（第四号に係る部分に限る。）、第八百七十三条本文、第八百七十五条及び第八百七十六条の規定はこの条において準用する同法第八百四十三条第四項の申立てについて、それぞれ準用する。この場合において、同法第八百二十八条第二項第七号中「株主等若しくは社員等」とあるのは「会員等（会員、理事長、理事、監事又は清算人をいう。以下この号において同じ。）」と、「株主等、社員等」とあるのは「会員等、株主等（株主、取締役又は清算人（監査役会設置会社にあっては株主、取締役、監査役又は清算人、委員会設置会社にあっては株主、取締役、執行役又は清算人）をいう。）」と、同項第八号中「株主等若しくは社員等」とあるのは「会員等（会員、理事長、理事、監事又は清算人をいう。以下この号において同じ。）若しくは株主等（株主、取締役又は清算人（監査役会設置会社にあっては株主、取締役、監査役又は清算人、委員会設置会社にあっては株主、取締役、執行役又は清算人）をいう。以下この号において同じ。）」と、「株主等、社員等」とあるのは「会員等、株主等」と、同法第九百三十七条第三項中「本店」とあるのは「本店（会員金融商品取引所にあっては、主たる事務所及び従たる事務所）」と読み替えるものとするほか、必要な技術的読替えは、政令で定める。
en-us	Article 146 The provisions of Article 828, paragraph (1) (limited to the part that involves item (vii) and item (viii)) and paragraph (2) (limited to the part that involves item (vii) and item (viii)) of the Companies Act and of Article 834 (limited to the part that involves item (vii) and item (viii)); Article 835, paragraph (1); Articles 836 to 839 inclusive; Article 843 (excluding paragraph (1), item (iii) and item (iv) and the proviso to paragraph (2)); Article 846; and Article 937, paragraph (3) (limited to the part that involves item (ii) and item (iii)) and paragraph (4) of that Act apply mutatis mutandis to the action to invalidate a merger referred to in Article 136, paragraph (1); and the provisions of Article 868, paragraph (5) of the Companies Act and of Article 870 (limited to the part that involves item (xv)); the main clause of Article 871; Article 872 (limited to the part that involves item (iv)); the main clause of Article 873; Article 875; and Article 876 of that Act apply mutatis mutandis to the petition referred to in Article 843, paragraph (4) of that Act as applied mutatis mutandis pursuant to this Article. In this case, in Article 828, paragraph (2), item (vii) of the Companies Act, the phrase "a Shareholder, etc. or a Partner, etc." is deemed to be replaced with "a Member, etc. (meaning a member, president, director, inspector, or liquidator; hereinafter the same applies in this item)" and the phrase "a Shareholder, etc., a Partner, etc." is deemed to be replaced with "a Member, etc., Shareholder, etc. (meaning a shareholder, director, or liquidator (if it is a company with company auditors, this means a shareholder, director, company auditor, or liquidator; and if it is a company with committees, this means a shareholder, director, executive officer, or liquidator))"; in item (viii) of the same Article, the phrase "a Shareholders, etc. or a Partner, etc." is deemed to be replaced with "a Member, etc. (meaning a member, president, director, inspector, or liquidator; hereinafter the same applies in this item) or Shareholder, etc. (meaning a shareholder, director, or liquidator (if it is a company with company auditors, this means a shareholder, director, company auditor, or liquidator; and if it is a company with committees, this means a shareholder, director, executive officer, or liquidator; hereinafter the same applies in this item)" and the phrase "a Shareholder, etc., a Partner, etc." is deemed to be replaced with "a Member, etc., Shareholder, etc."; in Article 937, paragraph (3) of that Act, the term "head office" is deemed to be replaced with "head office (if it is an Incorporated Association-Operated Financial Instruments Exchange, the principal office and secondary offices)"; and any other necessary technical replacement of terms is specified by Cabinet Order.

ja-jp	（私的独占の禁止及び公正取引の確保に関する法律等の適用）
en-us	(Application of the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade)

ja-jp	第百四十七条　会員金融商品取引所と株式会社金融商品取引所とが合併する場合においては、当該会員金融商品取引所を会社とみなして、私的独占の禁止及び公正取引の確保に関する法律第十五条及び同条に係る同法の規定を適用する。
en-us	Article 147 (1) If an Incorporated Association-Operated Financial Instruments Exchange and a Stock Company-Operated Financial Instruments Exchange effect a merger, the Incorporated Association-Operated Financial Instruments Exchange is deemed to be a company, and Article 15 of the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade and the provisions of that Act that are related to that Article apply.

ja-jp	２　株式会社金融商品取引所が会員金融商品取引所から事業の全部又は一部を譲り受ける場合においては、当該会員金融商品取引所を会社とみなして、会社法第四百六十七条及び同条に係る同法の規定並びに私的独占の禁止及び公正取引の確保に関する法律第十六条及び同条に係る同法の規定を適用する。
en-us	(2) If a Stock Company-Operated Financial Instruments Exchange is transferred the whole or part an Incorporated Association-Operated Financial Instruments Exchange's business, the Incorporated Association-Operated Financial Instruments Exchange is deemed to be a company, and Article 467 of the Companies Act and the provisions of that Act which are related to that Article, as well as Article 16 of the Act on Prohibition of Private Monopolization and Maintenance of Fair Trade and the provisions of that Act which are related to that Article, apply.

ja-jp	第五節　監督
en-us	Section 5 Supervision

ja-jp	（免許の取消し）
en-us	(Rescission of a License)

ja-jp	第百四十八条　内閣総理大臣は、金融商品取引所がその免許を受けた当時既に第八十二条第二項各号のいずれかに該当していたことが判明したときは、その免許を取り消すことができる。
en-us	Article 148 If a Financial Instruments Exchange is discovered to have fallen under one of the categories in the items of Article 82, paragraph (2) at the time it obtained its license, the Prime Minister may rescind its license.

ja-jp	（定款等の変更の認可等）
en-us	(Authorization to Change the Articles of Incorporation)

ja-jp	第百四十九条　金融商品取引所は、定款、業務規程又は受託契約準則を変更しようとするときは、内閣総理大臣の認可を受けなければならない。
en-us	Article 149 (1) A Financial Instruments Exchange must obtain the authorization of the Prime Minister if it seeks to change its articles of incorporation, operational rules, or brokerage contract rules.

ja-jp	２　金融商品取引所は、第八十一条第一項第二号又は第三号に掲げる事項について変更があつたときは、遅滞なく、その旨を内閣総理大臣に届け出なければならない。金融商品取引所の規則（定款、業務規程、受託契約準則及び第百五十六条の十九第一項の承認を受けて行う金融商品債務引受業に係る業務方法書を除く。）の作成、変更又は廃止があつたとき及び第八十七条の二第一項ただし書の認可を受けて行う業務の全部を廃止したときも、同様とする。
en-us	(2) If a particular set forth in Article 81, paragraph (1), item (ii) or (iii) changes, the Financial Instruments Exchange must notify the Prime Minister of this without delay. The same applies if the rules of a Financial Instruments Exchange (excluding the articles of incorporation, operational rules, and brokerage contract rules, and business rules for providing Financial Instruments Debt Assumption Services under Article 156-19, paragraph (1) approval) are prepared, if they change, or if they are discontinued, or if all business conducted with the authorization referred to in the proviso to Article 87-2, paragraph (1) is discontinued.

ja-jp	（役員の解任）
en-us	(Dismissal of Officers)

ja-jp	第百五十条　内閣総理大臣は、不正の手段により金融商品取引所の役員となつた者のあることを発見したとき、又は金融商品取引所の役員が法令、定款若しくは法令に基づく行政官庁の処分に違反したときは、当該金融商品取引所に対し、当該役員の解任を命ずることができる。
en-us	Article 150 (1) If the Prime Minister discovers that a person has become the officer of a Financial Instruments Exchange by wrongful means, or if the officer of a Financial Instruments Exchange violates a law or regulation, the articles of incorporation, or a disposition by a government agency which is based on a law or regulation, the Prime Minister may order the Financial Instruments Exchange to dismiss that officer.

ja-jp	２　前項の規定は、自主規制法人の役員及び自主規制委員について準用する。
en-us	(2) The provisions of the preceding paragraph apply mutatis mutandis to self-regulatory organizations' officers and members of self-regulatory committees.

ja-jp	（報告の徴取及び検査）
en-us	(Collection of Reports and Inspections)

ja-jp	第百五十一条　内閣総理大臣は、公益又は投資者保護のため必要かつ適当であると認めるときは、金融商品取引所、その子会社、当該金融商品取引所に上場されている有価証券の発行者又は当該金融商品取引所から業務の委託を受けた者に対し当該金融商品取引所若しくは当該子会社の業務若しくは財産に関し参考となるべき報告若しくは資料の提出を命じ、又は当該職員に当該金融商品取引所、当該子会社若しくは当該金融商品取引所から業務の委託を受けた者の業務若しくは財産の状況若しくは帳簿書類その他の物件の検査（当該子会社又は当該金融商品取引所から業務の委託を受けた者にあつては、当該金融商品取引所の業務又は財産に関し必要な検査に限る。）をさせることができる。
en-us	Article 151 Whenever the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order a Financial Instruments Exchange, its Subsidiary Company, an Issuer of Securities listed on a Financial Instruments Exchange, or the person that a Financial Instruments Exchange has entrusted with it business, to submit reports or materials that should serve as a reference with regard to the business or assets of the Financial Instruments Exchange or its Subsidiary Company, or may have the relevant officials inspect the state of the business or assets, or the books and documents or any other articles, of a Financial Instruments Exchange, its Subsidiary Company, or the person that a Financial Instruments Exchange has entrusted with its business (but may only have the relevant officials inspect a Subsidiary Company or the person that a Financial Instruments Exchange has entrusted with its business as is necessary in connection with the business or assets of the Financial Instruments Exchange).

ja-jp	（金融商品取引所に対する監督上の処分）
en-us	(Supervisory Measures for Financial Instruments Exchanges)

ja-jp	第百五十二条　内閣総理大臣は、金融商品取引所が次の各号のいずれかに該当する場合において、公益又は投資者保護のため必要かつ適当であると認めるときは、当該各号に定める処分をすることができる。
en-us	Article 152 (1) If a Financial Instruments Exchange falls under a case specified in one of the following items and the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may issue the disposition provided for in the relevant item:

ja-jp	一　法令、法令に基づく行政官庁の処分、第八十七条の二第一項ただし書若しくは第八十七条の三第一項ただし書の認可に付した条件若しくは定款その他の規則に違反したとき、又は会員等若しくは当該金融商品取引所に上場されている有価証券の発行者が法令、法令に基づく行政官庁の処分若しくは当該金融商品取引所の定款、業務規程、受託契約準則その他の規則（以下この号において「法令等」という。）に違反し、若しくは定款その他の規則に定める取引の信義則に背反する行為をしたにもかかわらず、これらの者に対し法令等若しくは当該取引の信義則を遵守させるために、この法律、この法律に基づく命令若しくは定款その他の規則により認められた権能を行使せずその他必要な措置をとることを怠つたとき　第八十条第一項の免許を取り消し、一年以内の期間を定めてその業務の全部若しくは一部の停止を命じ、その業務の変更若しくはその業務の一部の禁止を命じ、その役員の解任を命じ、又は定款その他の規則に定める必要な措置をとることを命ずること。
en-us	(i) if it violates a law or regulation, a disposition by a government agency which is based on a law or regulation, a condition attached to the authorization referred to in the proviso to Article 87-2, paragraph (1) or in the proviso to Article 87-3, paragraph (1), or the articles of incorporation or any other rules; or, even though a Member, etc. or an Issuer of Securities listed by a Financial Instruments Exchange has violated a law or regulation, a disposition by a government agency which is based on a law or regulation, or the Financial Instruments Exchange's articles of incorporation, operational rules, brokerage contract rules, or any other rules (hereinafter referred to as "Laws and Regulations, etc." in this item), or has engaged in an act that is contrary to the principle of good faith in transactions as specified in the articles of incorporation or any other rules, the Financial Instruments Exchange fails to exercise the powers accorded it under this Act, an order based on this Act, or its articles of incorporation or any other rules, or to take any other necessary measures to cause the person to observe the Laws and Regulations, etc. or the principle of good faith in transactions: rescinding the license referred to in Article 80, paragraph (1), ordering the suspension of all or a part of its business activities during a fixed period of no longer than one year, ordering a change in its business activities, issuing an order prohibiting a part of its business activities, ordering the dismissal of its officers, or ordering the Financial Instruments Exchange to take the necessary measures specified in the articles of incorporation or any other rules;

ja-jp	二　金融商品取引所の行為又はその開設する取引所金融商品市場における有価証券の売買若しくは市場デリバティブ取引の状況が公益又は投資者保護のため有害であると認めるとき　十日以内の期間を定めて取引所金融商品市場における有価証券の売買若しくは市場デリバティブ取引の全部若しくは一部の停止を命じ、又は閣議の決定を経て、三月以内の期間を定めてその業務の全部若しくは一部の停止を命ずること。
en-us	(ii) if the conduct of the Financial Instruments Exchange, or the status of purchase and sales of Securities or Market Transactions of Derivatives on a Financial Instruments Exchange Market operated by the Financial Instruments Exchange, is found to be harmful to the public interest or to the protection of investors: ordering the suspension of all or a part of purchase and sales of Securities or Market Transactions of Derivatives on the Financial Instruments Exchange Market during a fixed period of no longer than 10 days, or, subject to a cabinet decision, ordering the suspension of all or a part of its business during a fixed period of no longer than three months;

ja-jp	三　八十七条の二第一項ただし書の規定により認可を受けて行う業務が当該金融商品取引所の業務の公共性に対する信頼を損なうおそれ若しくは金融商品市場開設等業務（取引所金融商品市場の開設及びこれに附帯する業務をいう。次号において同じ。）の健全かつ適切な運営を損なうおそれがあると認めるとき、又は同項ただし書の認可に付した条件に違反したとき　同項ただし書の認可を取り消すこと。
en-us	(iii) if the business it conducts after obtaining authorization pursuant to the proviso to Article 87-2, paragraph (1) is found likely to impair confidence in the public nature of the business of a Financial Instruments Exchange or likely to impair the sound and appropriate operation in the business of operating, etc. a Financial Instruments Market (meaning the operation of a Financial Instruments Exchange Market and business incidental thereto; the same applies in the following item), or the Financial Instruments Exchange violates the conditions attached to the authorization referred to in the proviso to that paragraph: rescinding the authorization referred to in the proviso to that paragraph; or

ja-jp	四　第八十七条の三第一項ただし書の規定により認可を受けて保有する子会社の行為が当該金融商品取引所の業務の公共性に対する信頼を損なうおそれ若しくは当該金融商品取引所の金融商品市場開設等業務の健全かつ適切な運営を損なうおそれがあると認めるとき、又は同項ただし書の認可に付した条件に違反したとき　同項ただし書の認可を取り消すこと。
en-us	(iv) if the conduct of its Subsidiary Company that has obtained authorization pursuant to the proviso to Article 87-3, paragraph (1) is found likely to impair confidence in the public nature of the business of the Financial Instruments Exchange or likely to impair the sound and appropriate operation in the Financial Instruments Exchange's business of operating, etc. a Financial Instruments Market, or the Subsidiary Company violates the conditions attached to the authorization referred to in the proviso to that paragraph: rescinding the authorization referred to in the proviso to that paragraph.

ja-jp	２　内閣総理大臣は、前項第一号の規定により業務の全部若しくは一部の停止、業務の変更若しくは業務の一部の禁止を命じ、又は定款その他の規則に定める必要な措置をとることを命じようとするときは、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
en-us	(2) Irrespective of the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, before seeking to order the suspension of all or a part of business activities, to order a change in business activities, to issue an order prohibiting a part of business activities, or to issue an order to take any necessary measures that are specified in the articles of incorporation or any other rules pursuant to item (i) of the preceding paragraph, the Prime Minister must conduct a hearing.

ja-jp	３　第一項第二号の規定による処分については、行政不服審査法による不服申立てをすることができない。
en-us	(3) No appeal under the Administrative Appeal Act may be entered against a disposition under the provisions of paragraph (1), item (ii) of this Article.

ja-jp	（業務改善命令）
en-us	(Business Improvement Orders)

ja-jp	第百五十三条　内閣総理大臣は、金融商品取引所の定款、業務規程、受託契約準則その他の規則若しくは取引の慣行又は業務の運営若しくは財産の状況に関し、公益又は投資者保護のため必要かつ適当であると認めるときは、その必要の限度において、当該金融商品取引所に対し、定款、業務規程、受託契約準則その他の規則又は取引の慣行の変更その他監督上必要な措置をとることを命ずることができる。この場合においては、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
en-us	Article 153 If the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors as concerns a Financial Instruments Exchange's articles of incorporation, operational rules, brokerage contract rules, other rules, or it trade practices, or as concerns its business operations or the state of its assets, the Prime Minister, within the scope of this necessity, may order the Financial Instruments Exchange to change its articles of incorporation, operational rules, brokerage contract rules, other rules, or its trade practices, or to take measures that are necessary from a supervisory perspective. In such a case, irrespective of the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, the Prime Minister must conduct a hearing.

ja-jp	（認可の取消し等）
en-us	(Rescission of Authorization)

ja-jp	第百五十三条の二　内閣総理大臣は、第八十五条第一項の認可を受けて委託された自主規制業務が次の各号のいずれかに該当するときは、委託金融商品取引所に対し、同項の認可を取り消し、その委託の方法の変更若しくはその委託の一部若しくは全部の禁止を命じ、又はその他監督上必要な措置をとることを命ずることができる。
en-us	Article 153-2 If Self-Regulatory Services entrusted under Article 85, paragraph (1) authorization fall under one of the following items, the Prime Minister may rescind the Entrusting Financial Instruments Exchange's Article 85, paragraph (1) authorization, order it to change the method of entrustment, prohibit part or all of that entrustment, or order it to take measures that are necessary from a supervisory perspective:

ja-jp	一　委託契約の内容が、受託自主規制法人における自主規制業務の適正な実施を確保するためには不十分であると認めるに至つた場合
en-us	(i) the entrustment agreement is found to be insufficient for ensuring appropriate implementation of Self-Regulatory Services by the Entrusted Self-Regulatory Organization; or

ja-jp	二　その他受託自主規制法人による自主規制業務が、自主規制業務の履行の状況として適当と認められない場合
en-us	(ii) the Self-Regulatory Services by the Entrusted Self-Regulatory Organization are otherwise found to be inappropriate in terms of the status of performance of the Self-Regulatory Services.

ja-jp	（委託契約等の変更）
en-us	(Changes to an Entrustment Agreement)

ja-jp	第百五十三条の三　第八十五条第一項の認可を受けた金融商品取引所は、第八十五条の二第一項第三号に掲げる事項について変更があつたときは、遅滞なく、その旨を内閣総理大臣に届け出なければならない。受託自主規制法人との間の委託契約の内容に変更があつたときも、同様とする。
en-us	Article 153-3 If a particular set forth in Article 85-2, paragraph (1), item (iii) changes, the Financial Instruments Exchange that has obtained the authorization referred to in Article 85, paragraph (1) must notify the Prime Minister of this without delay. The same applies if the content of the entrustment agreement with the Entrusted Self-Regulatory Organization changes.

ja-jp	（自主規制法人に対する監督規定の適用）
en-us	(Application of Supervisory Provisions to Self-Regulatory Organizations)

ja-jp	第百五十三条の四　第百四十八条、第百四十九条、第百五十条第一項及び第百五十一条から第百五十三条までの規定は、自主規制法人が第八十五条第一項の認可により金融商品取引所から委託を受けて当該金融商品取引所に係る自主規制業務を行う場合の監督について準用する。この場合において、必要な技術的読替えは、政令で定める。
en-us	Article 153-4 The provisions of Articles 148; 149; 150, paragraph (1); and Articles 151 to 153 inclusive apply mutatis mutandis to the supervision of a self-regulatory organization that provides Self-Regulatory Services for a Financial Instruments Exchange with which it is entrusted by the Financial Instruments Exchange based on the authorization referred to in Article 85, paragraph (1). The necessary technical replacement of terms for such a case is specified by Cabinet Order.

ja-jp	第六節　雑則
en-us	Section 6 Miscellaneous Provisions

ja-jp	（破産手続開始等の通知）
en-us	(Notice of the Commencement of Bankruptcy Proceedings)

ja-jp	第百五十四条　金融商品取引所について破産手続開始若しくは破産手続終結の決定があつた場合又は破産手続開始の決定の取消し若しくは破産手続廃止の決定が確定した場合には、裁判所書記官は、その旨を内閣総理大臣に通知しなければならない。
en-us	Article 154 If an order to commence bankruptcy proceedings or an order to terminate bankruptcy proceedings is issued with regard to a Financial Instruments Exchange, or if the rescission of an order to commence bankruptcy proceedings, or an order to discontinue bankruptcy proceedings, becomes final and binding with regard to a Financial Instruments Exchange, the court clerk must notify the Prime Minister of this.

ja-jp	（内閣府令への委任）
en-us	(Delegation to Cabinet Office Ordinance)

ja-jp	第百五十四条の二　第八十条から前条までの規定を実施するための手続その他必要な事項は、内閣府令で定める。
en-us	Article 154-2 Procedures for the implementation of the provisions of Article 80 to the preceding Article inclusive and particulars that are otherwise necessary for their implementation are specified by Cabinet Office Ordinance.

ja-jp	第五章の二　外国金融商品取引所
en-us	Chapter V-2 Foreign Financial Instruments Exchanges

ja-jp	第一節　総則
en-us	Section 1 General Provisions

ja-jp	第百五十五条　外国金融商品市場を開設する者は、第二十九条及び第八十条第一項の規定にかかわらず、内閣総理大臣の認可を受けて、その使用する電子情報処理組織と次に掲げる者の使用に係る入出力装置（以下「外国金融商品取引所入出力装置」という。）とを接続することにより、これらの者に外国金融商品取引所入出力装置を使用して外国金融商品市場における有価証券の売買及び外国市場デリバティブ取引（第二号に掲げる者にあつては登録金融機関業務に係る取引に限る。）を行わせることができる。
en-us	Article 155 (1) Notwithstanding the provisions of Article 29 and Article 80, paragraph (1), with the authorization of the Prime Minster, the operator of a foreign Financial Instruments Market may allow the persons set forth in the following items to effect purchase and sales of Securities and Foreign Market Transactions of Derivatives on the foreign Financial Instruments Market (with regard to the person set forth in item (ii), this is limited to transactions involving the services of a registered financial institution) through a connection between its electronic data processing system and the input and output devices used by those persons (hereinafter referred to as the "Input and Output Devices Connected to a Foreign Financial Instruments Exchange"):

ja-jp	一　金融商品取引業者
en-us	(i) a Financial Services Provider; and

ja-jp	二　登録金融機関
en-us	(ii) a registered financial institution.

ja-jp	２　第三十条の二の規定は、前項の認可について準用する。
en-us	(2) The provisions of Article 30-2 apply mutatis mutandis to the authorization referred to the preceding paragraph.

ja-jp	（認可の申請）
en-us	(Application for Authorization)

ja-jp	第百五十五条の二　前条第一項の認可を受けようとする者は、国内における代表者を定め、次に掲げる事項を記載した認可申請書を内閣総理大臣に提出しなければならない。
en-us	Article 155-2 (1) A person seeking the authorization referred to in paragraph (1) of the preceding Article must designate a domestic representative and submit a written application for authorization to the Prime Minister, in which it states the following particulars:

ja-jp	一　商号又は名称
en-us	(i) its trade name or name;

ja-jp	二　本店又は主たる事務所の所在の場所
en-us	(ii) the location of its head office or principle office;

ja-jp	三　国内に事務所があるときは、その所在の場所
en-us	(iii) the location of its office in Japan, if any;

ja-jp	四　役員の役職名及び氏名
en-us	(iv) the titles and names of its officers;

ja-jp	五　国内における代表者の氏名及び国内の住所
en-us	(v) the name and domestic address of its domestic representative;

ja-jp	六　外国金融商品取引所参加者（外国金融商品取引所入出力装置を使用した外国金融商品市場における有価証券の売買及び外国市場デリバティブ取引（以下「外国市場取引」という。）を行う者をいう。以下同じ。）に外国市場取引を行わせる外国金融商品市場の種類及び名称
en-us	(vi) the types and names of the foreign Financial Instruments Markets in which the participants in the Foreign Financial Instruments Exchange (meaning the persons that effect purchase and sales of Securities and Foreign Market Transactions of Derivatives on the foreign Financial Instruments Market, using Input and Output Devices Connected to the Foreign Financial Instruments Exchange (hereinafter each such transaction is referred to as a "Foreign Market Transaction"); the same applies hereinafter) conduct Foreign Market Transactions;

ja-jp	七　外国金融商品取引所参加者の商号、名称又は氏名
en-us	(vii) the trade names or names of participants in the Foreign Financial Instruments Exchange; and

ja-jp	八　その他内閣府令で定める事項
en-us	(viii) other matters specified by Cabinet Office Ordinance.

ja-jp	２　前項の認可申請書には、次に掲げる書類を添付しなければならない。
en-us	(2) The following documents must accompany the written application for authorization referred to in the preceding paragraph:

ja-jp	一　定款並びに外国市場取引に係る業務規程及び受託契約準則（これらに準ずるものを含む。以下この章において「業務規則」という。）
en-us	(i) the articles of incorporation, as well as the operational rules and brokerage contract rules for Foreign Market Transactions (including anything equivalent to these; hereinafter collectively referred to as the "Operational Regulations" in this Chapter);

ja-jp	二　外国市場取引に係る業務の内容及び方法として内閣府令で定めるものを記載した書類
en-us	(ii) documents stating the things specified by Cabinet Office Ordinance as constituting the business outline and business methods as relates to Foreign Market Transactions; and

ja-jp	三　その他内閣府令で定める書類
en-us	(iii) other documents specified by Cabinet Office Ordinance.

ja-jp	（認可審査基準）
en-us	(Examination Criteria for Authorization)

ja-jp	第百五十五条の三　内閣総理大臣は、前条第一項の規定による認可の申請があつた場合においては、その申請が次に掲げる基準に適合するかどうかを審査しなければならない。
en-us	Article 155-3 (1) Whenever an application for authorization under paragraph (1) of the preceding Article is filed, the Prime Minister shall examine whether the application conforms to the following criteria:

ja-jp	一　認可申請者がその本店又は主たる事務所が所在する国において第八十条第一項の免許と同種類の免許又はこれに類する許可その他の行政処分を受けた者であること。
en-us	(i) the applicant for authorization has obtained the same kind of license as that referred to in Article 80, paragraph (1) or has obtained permission or any other administrative disposition similar to such a license in the state where its head office or principle office is located;

ja-jp	二　認可申請者が法令若しくは法令に基づく行政官庁の処分（以下この号及び第百五十五条の十において「法令等」という。）又は業務規則に違反した外国金融商品取引所参加者に対し法令等又は業務規則を遵守させるために必要な措置をとることができること。
en-us	(ii) the applicant for authorization is able to take the necessary measures to cause a participant in the Foreign Financial Instruments Exchange which has violated a law or regulation, a disposition by a government agency which is based on a law or regulation (hereinafter referred to as "Laws and Regulations, etc." in this item and Article 155-10), or the Operational Regulations, observe the Laws and Regulations, etc. or Operational Regulations; and

ja-jp	三　認可申請者の業務規則が外国金融商品取引所参加者が行う外国市場取引を公正かつ円滑にし、及び投資者を保護するために十分であること。
en-us	(iii) the Operational Regulations of the applicant for authorization are sufficient for ensuring that the Foreign Market Transactions that the participants in the Foreign Financial Instruments Exchange conduct are fair and smooth, and for protecting investors.

ja-jp	２　内閣総理大臣は、前項の規定により審査した結果、その申請が同項の基準に適合していると認めたときは、次の各号のいずれかに該当する場合を除いて、その認可を与えなければならない。
en-us	(2) If, as a result of having conducted an examination pursuant to the provisions of the preceding paragraph, the Prime Minister finds that an application conforms to the criteria in that paragraph, the Prime Minister shall grant the authorization, except in a case that falls under one of the following items:

ja-jp	一　認可申請者が外国金融商品取引所参加者に外国市場取引を行わせる外国金融商品市場を開設してから政令で定める期間を経過するまでの者であるとき（政令で定める場合に該当するときを除く。）。
en-us	(i) the applicant for authorization is a person that has yet to have the period specified by Cabinet Order pass since the establishment of the foreign Financial Instruments Market in which participants in the Foreign Financial Instruments Exchange conduct Foreign Market Transactions (unless this falls under a case specified by Cabinet Order);

ja-jp	二　認可申請者がこの法律又はこの法律に相当する外国の法令の規定に違反し、罰金の刑（これに相当する外国の法令による刑を含む。）に処せられ、その刑の執行を終わり、又はその刑の執行を受けることがなくなつた日から五年を経過するまでの者であるとき。
en-us	(ii) the applicant for authorization is a person that has been sentenced to a fine (including an equivalent sentence under foreign laws and regulations) for violating the provisions of this Act or for violating the provisions of a foreign law or regulation that is equivalent to this Act, and five years have yet to pass since the day on which the person finished serving the sentence or ceased to be subject to its enforcement;

ja-jp	三　認可申請者が第百五十五条の六若しくは第百五十五条の十第一項の規定により第百五十五条第一項の認可を取り消され、第百五十六条の二十の十四第一項若しくは第二項の規定により第百五十六条の二十の二の免許を取り消され、第五十二条第一項若しくは第四項、第五十二条の二第一項若しくは第三項、第五十三条第三項、第五十四条若しくは第五十七条の六第三項の規定により第二十九条若しくは第三十三条の二の登録を取り消され、第六十条の八第一項若しくは第六十条の九第一項の規定により第六十条第一項の許可を取り消され、第六十六条の二十第一項の規定により第六十六条の登録を取り消され、若しくは第六十六条の四十二第一項若しくは第三項の規定により第六十六条の二十七の登録を取り消され、又はその本店若しくは主たる事務所の所在する国において受けている第二十九条、第六十六条若しくは第六十六条の二十七の登録若しくは第八十条第一項、第百五十六条の二若しくは第百五十六条の二十四第一項の免許と同種類の登録若しくは免許（当該登録又は免許に類する許可その他の行政処分を含む。）を取り消され、その取消しの日から五年を経過するまでの者であるとき。
en-us	(iii) the applicant for authorization is a person that has had the authorization referred to in Article 155, paragraph (1) rescinded pursuant to the provisions of Article 155-6 or Article 155-10, paragraph (1); has had the license referred to in Article 156-20-2 rescinded pursuant to the provisions of Article 156-20-14, paragraph (1) or (2); has had the registration referred to in Article 29 or Article 33-2 rescinded pursuant to the provisions of Article 52, paragraph (1) or (4), Article 52-2, paragraph (1) or (3), Article 53, paragraph (3), Article 54, or Article 57-6, paragraph (3); has had the permission referred to in Article 60, paragraph (1) rescinded pursuant to the provisions of Article 60-8, paragraph (1) or Article 60-9, paragraph (1); has had the registration referred to in Article 66 rescinded pursuant to the provisions of Article 66-20, paragraph (1); has had the registration referred to in Article 66-27 rescinded pursuant to the provisions of Article 66-42, paragraph (1) or (3); or is a person that had obtained a registration or license of the same kind as the registration referred to in Article 29, Article 66, or Article 66-27 or the license referred to in Article 80, paragraph (1), Article 156-2, or Article 156-24, paragraph (1) in the state where its head office or principle office is located (including permission or any other administrative disposition similar to such a registration or license), but that has had that registration or license rescinded; and five years have yet to pass since the date of the rescission;

ja-jp	四　認可申請者の役員又は国内における代表者のうちに第八十二条第二項第三号イ、ロ又はホのいずれかに該当する者があるとき。
en-us	(iv) the applicant for authorization has a person falling under one of the categories in Article 82, paragraph (2), item (iii), sub-item (a), (b), or (e) as an officer or domestic representative;

ja-jp	五　認可申請者の本店又は主たる事務所の所在する国のこの法律に相当する外国の法令を執行する当局の第百八十九条第二項第一号に規定する保証又はこれに準ずると認められるものがないとき。
en-us	(v) the authority responsible for the enforcement of the foreign laws or regulations that are equivalent to this Act in the state where the head office or principal office of the Applicant for authorization is located has not given the assurance prescribed in Article 189, paragraph (2), item (i) or done anything else that is found to be equivalent to such assurance; and

ja-jp	六　認可申請書又はその添付書類のうちに重要な事項について虚偽の記載があるとき。
en-us	(vi) the written application for authorization or a document that is required to accompany it contains a false statement about a material particular.

ja-jp	（認可の拒否等）
en-us	(Refusal of Authorization)

ja-jp	第百五十五条の四　内閣総理大臣は、第百五十五条の二第一項の規定による認可の申請があつた場合において、その認可を与えることが適当でないと認めるときは、認可申請者に通知して、当該職員をして審問を行わせなければならない。
en-us	Article 155-4 (1) If an application for authorization under the provisions of Article 155-2, paragraph (1) is filed and the Prime Minister finds it inappropriate to grant that authorization, the Prime Minister shall notify the Applicant for authorization and have the relevant officials conduct a hearing.

ja-jp	２　内閣総理大臣が、第百五十五条第一項の規定による認可を与えることとし、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認可申請者に通知しなければならない。
en-us	(2) Upon deciding to grant or not to grant the authorization under the provisions of Article 155, paragraph (1), the Prime Minister shall notify the applicant for authorization of this in writing without delay.

ja-jp	（業務報告書の提出）
en-us	(Submission of Business Reports)

ja-jp	第百五十五条の五　外国金融商品取引所は、内閣府令で定めるところにより、毎年四月から翌年三月までの期間における外国市場取引に関する業務報告書を作成し、当該期間経過後三月以内に、これを内閣総理大臣に提出しなければならない。
en-us	Article 155-5 Pursuant to the provisions of Cabinet Office Ordinance, a Foreign Financial Instruments Exchange shall prepare a business report on the Foreign Market Transactions effected during the period from April of each year to March of the subsequent year and submit the same to the Prime Minister within three months after the end of that period.

ja-jp	第二節　監督
en-us	Section 2 Supervision

ja-jp	（認可の取消し）
en-us	(Rescission of Authorization)

ja-jp	第百五十五条の六　内閣総理大臣は、外国金融商品取引所が第百五十五条第一項の認可を受けた当時既に第百五十五条の三第二項各号のいずれかに該当していたことが判明したときは、その認可を取り消すことができる。
en-us	Article 155-6 If a Foreign Financial Instruments Exchange is discovered to have fallen under one of the categories in the items of Article 155-3, paragraph (2) at the time of it obtained the Article 155, paragraph (1) authorization, the Prime Minister may rescind its authorization.

ja-jp	（変更の届出）
en-us	(Notification of a Change)

ja-jp	第百五十五条の七　外国金融商品取引所は、第百五十五条の二第一項各号に掲げる事項又は同条第二項第二号に掲げる書類に記載した業務の内容若しくは方法について変更があつた場合、業務規則について重要な変更があつた場合その他内閣府令で定める場合には、その日から二週間以内に、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 155-7 If a particular set forth in one of the items of Article 155-2, paragraph (1) changes; if the business outline or business methods that a Foreign Financial Instruments Exchange has stated in a document set forth in Article 155-2, paragraph (2), item (ii) changes; if there is a material change in Operational Regulations; or in a case specified by Cabinet Office Ordinance, the Foreign Financial Instruments Exchange must notify the Prime Minister of this within two weeks from the day of the change.

ja-jp	（認可の失効）
en-us	(Lapse of Authorization)

ja-jp	第百五十五条の八　外国金融商品取引所が次の各号のいずれかに該当するときは、第百五十五条第一項の認可は、効力を失う。
en-us	Article 155-8 (1) If a Foreign Financial Instruments Exchange falls under one of the following items, its Article 155, paragraph (1) authorization ceases to be valid:

ja-jp	一　外国市場取引を行う外国金融商品取引所参加者がなくなつたとき。
en-us	(i) it comes to have no participants in the Foreign Financial Instruments Exchange which effect Foreign Market Transactions;

ja-jp	二　外国市場取引が行われる外国金融商品市場の全部を閉鎖したとき。
en-us	(ii) it closes all its foreign Financial Instruments Markets in which Foreign Market Transactions are effected; and

ja-jp	三　解散したとき。
en-us	(iii) it is dissolved.

ja-jp	２　前項の規定により認可が失効したときは、その国内における代表者又は代表者であつた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	(2) If authorization ceases to be valid pursuant to the provisions of the preceding paragraph, the domestic representative or the former domestic representative of the Foreign Financial Instruments Exchange must notify the Prime Minister of this without delay.

ja-jp	（報告の徴取及び検査）
en-us	(Collection of Reports and Inspections)

ja-jp	第百五十五条の九　内閣総理大臣は、公益又は投資者保護のため必要かつ適当であると認めるときは、外国金融商品取引所、外国金融商品取引所参加者若しくは当該外国金融商品取引所から業務の委託を受けた者に対し外国市場取引に関し参考となるべき報告若しくは資料の提出を命じ、又は当該職員をして当該外国金融商品取引所の外国市場取引に係る業務の状況若しくは書類その他の物件を検査させることができる。
en-us	Article 155-9 Whenever the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order a Foreign Financial Instruments Exchange, Foreign Financial Instruments Exchange Participant, or a person that the relevant Foreign Financial Instruments Exchange has entrusted with its business, to submit reports or materials that should serve as a reference with regard to Foreign Market Transactions, or may have the relevant officials inspect the state of the business, or documents and other articles, of the relevant Foreign Financial Instruments Exchange in connection to its Foreign Market Transactions.

ja-jp	（外国金融商品取引所に対する監督上の処分）
en-us	(Supervisory Measures for Foreign Financial Instruments Exchanges)

ja-jp	第百五十五条の十　内閣総理大臣は、外国金融商品取引所が次の各号のいずれかに該当する場合において、公益又は投資者保護のため必要かつ適当であると認めるときは、当該外国金融商品取引所の第百五十五条第一項の認可を取り消し、六月以内の期間を定めて外国市場取引の全部若しくは一部の停止を命じ、又は外国市場取引に係る業務の変更若しくは一部の禁止を命ずることができる。
en-us	Article 155-10 (1) If a Foreign Financial Instruments Exchange falls under one of the cases in the following items and the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may rescind the Foreign Financial Instruments Exchange's Article 155, paragraph (1) authorization, order the suspension of all or a part of Foreign Market Transactions during a fixed period of no longer than six months, order a change in the business activities linked to Foreign Market Transactions, or issue an order prohibiting a part of the business activities linked to Foreign Market Transactions:

ja-jp	一　第百五十五条の三第一項各号に掲げる基準に適合しなくなつたとき。
en-us	(i) it becomes unable to satisfy the criteria set forth in the items of Article 155-3, paragraph (1);

ja-jp	二　第百五十五条の三第二項第二号から第五号までに該当することとなつたとき。
en-us	(ii) it comes to fall under Article 155-3, paragraph (2), items (ii) to (v) inclusive;

ja-jp	三　認可に付した条件に違反したとき。
en-us	(iii) it violates the conditions attached to the authorization;

ja-jp	四　法令等若しくは業務規則に違反したとき、又は外国金融商品取引所参加者が法令等若しくは業務規則に違反する行為をしたにもかかわらず、これに対し法令等若しくは業務規則を遵守させるために当該外国金融商品取引所に認められた権能を行使せずその他必要な措置をとることを怠つたとき。
en-us	(iv) it violates Laws and Regulations, etc. or the Operational Regulations, or, even though a participant in the Foreign Financial Instruments Exchange acts in violation of Laws and Regulations, etc. or the Operational Regulations, the Foreign Financial Instruments Exchange fails to exercise the powers accorded to it or to take any other necessary measures to cause the participant in the Foreign Financial Instruments Exchange to observe the Laws and Regulations, etc. or the Operational Regulations; or

ja-jp	五　外国金融商品取引所の行為又はその開設する外国金融商品市場における外国市場取引の状況が公益又は投資者保護のため有害であると認めるとき。
en-us	(v) the actions of the Foreign Financial Instruments Exchange or the status of Foreign Market Transactions on the foreign Financial Instruments Market it operates is found to be harmful for the public interest or to the protection of investors.

ja-jp	２　内閣総理大臣は、外国金融商品取引所の国内における代表者（国内に事務所がある場合にあつては、当該事務所に駐在する役員を含む。以下この項において同じ。）が法令等に違反したときは、当該外国金融商品取引所に対し、当該国内における代表者の解任を命ずることができる。
en-us	(2) If the domestic representative of a Foreign Financial Instruments Exchange (if a Foreign Financial Instruments Exchange has a domestic office, this includes any officer stationed there; hereinafter the same applies in this paragraph) violates the Laws and Regulations, etc., the Prime Minister may order the Foreign Financial Instruments Exchange to dismiss that domestic representative.

ja-jp	３　内閣総理大臣は、第一項の規定により外国市場取引の全部若しくは一部の停止又は外国市場取引に係る業務の変更若しくは一部の禁止を命じようとするときは、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
en-us	(3) Irrespective the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, before seeking to order the suspension of all or a part of Foreign Market Transactions, order a change in the business activities linked to Foreign Market Transactions, or issue an order prohibiting a part of the business activities linked to Foreign Market Transactions, under paragraph (1), the Prime Minister must conduct a hearing.

ja-jp	第三節　雑則
en-us	Section 3 Miscellaneous Provisions

ja-jp	第百五十六条　第百五十五条から前条までの規定を実施するための手続その他必要な事項は、内閣府令で定める。
en-us	Article 156 Procedures for the implementation of the provisions of Article 155 to the preceding Article inclusive and particulars that are otherwise necessary for their implementation are specified by Cabinet Office Ordinance.

ja-jp	第五章の三　金融商品取引清算機関等
en-us	Chapter V-3 Financial Instruments Clearing Organizations, etc.

ja-jp	第一節　金融商品取引清算機関
en-us	Section 1 Financial Instruments Clearing Organizations

ja-jp	第百五十六条の二　金融商品債務引受業は、内閣総理大臣の免許を受けた者でなければ、行つてはならない。
en-us	Article 156-2 A person not licensed by the Prime Minister must not perform Financial Instruments Debt Assumption Services.

ja-jp	（免許の申請）
en-us	(License Application)

ja-jp	第百五十六条の三　前条の免許を受けようとする者は、次に掲げる事項を記載した免許申請書を内閣総理大臣に提出しなければならない。
en-us	Article 156-3 (1) A person seeking to obtain the license referred to in the preceding Article must submit a written license application to the Prime Minister, in which it states the following particulars:

ja-jp	一　商号
en-us	(i) its trade name;

ja-jp	二　資本金の額
en-us	(ii) the amount of stated capital;

ja-jp	三　本店その他の営業所の名称及び所在地
en-us	(iii) the names and locations of its head office and other business offices;

ja-jp	四　取締役及び監査役（委員会設置会社にあつては、取締役及び執行役）の氏名
en-us	(iv) the names of the directors and company auditors (or of the directors and executive officers, if it is a company with committees);

ja-jp	五　会計参与設置会社にあつては、会計参与の氏名又は名称
en-us	(v) the names of its accounting advisors, if it is a company with accounting advisors; and

ja-jp	六　金融商品債務引受業及び第百五十六条の六第一項の業務（以下「金融商品債務引受業等」という。）並びにこれらに附帯する業務以外の業務を行うときは、その業務の内容
en-us	(vi) if it conducts business other than Financial Instruments Debt Assumption Services, the business referred to in Article 156-6, paragraph (1) (hereinafter referred to as "Financial Instruments Debt Assumption Services, etc."), or business incidental to either of these, an outline of that business.

ja-jp	２　前項の免許申請書には、次に掲げる書類を添付しなければならない。
en-us	(2) The following documents must accompany the written license application referred to in the preceding paragraph:

ja-jp	一　次条第二項第二号から第四号までに掲げる要件に該当しない旨を誓約する書面
en-us	(i) a document pledging that the applicant does not fall under the purview of the requirements set forth in paragraph (2), items (ii) to (iv) inclusive of the following Article;

ja-jp	二　定款
en-us	(ii) the articles of incorporation;

ja-jp	三　会社の登記事項証明書
en-us	(iii) the company's certificate of registered information;

ja-jp	四　業務方法書
en-us	(iv) the business rules;

ja-jp	五　貸借対照表及び損益計算書
en-us	(v) the balance sheet and profit and loss statement;

ja-jp	六　収支の見込みを記載した書類
en-us	(vi) documents stating expected income and expenditures;

ja-jp	七　未決済債務等（第百五十六条の十一の二第一項に規定する未決済債務等をいう。次条第一項第四号において同じ。）の決済を行うために必要な担保の徴求の方法その他の当該決済の仕組み及び当該決済の業務を行うための設備、人員その他の体制の概要を記載した書類
en-us	(vii) a document outlining the method of securing the collateral needed to settle outstanding obligations (meaning outstanding obligations as prescribed in Article 156-11-2, paragraph (1); hereinafter the same applies in paragraph (1), item (iv) of the following Article) and other arrangements for settling them, and outlining the facilities, staff, and other systems for performing such settlement operations; and

ja-jp	八　前各号に掲げるもののほか、内閣府令で定める書類
en-us	(viii) in addition to what is set forth in the preceding items, documents specified by Cabinet Office Ordinance.

ja-jp	３　前項の場合において、定款若しくは貸借対照表が電磁的記録で作成されているとき、又は損益計算書について書面に代えて電磁的記録の作成がされているときは、書類に代えて電磁的記録（内閣府令で定めるものに限る。）を添付することができる。
en-us	(3) In the case referred to in the preceding paragraph, if the articles of incorporation or a balance sheet has been prepared as an electronic or magnetic record or an electronic or magnetic record has been prepared for a profit and loss statement in lieu of a written document, such electronic or magnetic record (limited to one specified by Cabinet Office Ordinance) may accompany the written license application in lieu of written documents.

ja-jp	（免許審査基準）
en-us	(Licensing Examination Criteria)

ja-jp	第百五十六条の四　内閣総理大臣は、前条第一項の規定による免許の申請があつた場合においては、その申請が次に掲げる基準に適合するかどうかを審査しなければならない。
en-us	Article 156-4 (1) Whenever a license application under the provisions of paragraph (1) of the preceding Article is filed, the Prime Minister shall examine whether the application conforms to the following criteria:

ja-jp	一　定款及び業務方法書の規定が法令に適合し、かつ、金融商品債務引受業を適正かつ確実に遂行するために十分であること。
en-us	(i) the provisions of the articles of incorporation and business rules conform to laws and regulations and are sufficient to allow Financial Instruments Debt Assumption Services to be performed properly and reliably;

ja-jp	二　金融商品債務引受業を健全に遂行するに足りる財産的基礎を有し、かつ、金融商品債務引受業に係る収支の見込みが良好であること。
en-us	(ii) the applicant has a sufficient financial basis to soundly perform Financial Instruments Debt Assumption Services, and has good prospects in terms of expected income and expenditures in connection with Financial Instruments Debt Assumption Services; and

ja-jp	三　その人的構成に照らして、金融商品債務引受業を適正かつ確実に遂行することができる知識及び経験を有し、かつ、十分な社会的信用を有すること。
en-us	(iii) in light of its personnel structure, the Applicant has sufficient knowledge and experience to perform Financial Instruments Debt Assumption Services properly and reliably, and has sufficient social credibility.

ja-jp	四　未決済債務等の決済に充当する担保の適切な徴求、当該決済が円滑に行われるための信頼性の高い設備の運用その他当該決済が適正かつ確実に行われるための仕組み及び体制が十分に整備されていること。
en-us	(iv) the applicant has an adequately developed structure and system for properly securing collateral to allocate for settling outstanding obligations, for managing highly reliable facilities in order to facilitate such settlement, and for otherwise executing such settlement properly and reliably.

ja-jp	２　内閣総理大臣は、前項の規定により審査した結果、その申請が同項の基準に適合していると認めたときは、次の各号のいずれかに該当する場合を除いて、その免許を与えなければならない。
en-us	(2) If, as a result of having conducted an examination pursuant to the provisions of the preceding paragraph, the Prime Minister finds that an application conforms to the criteria in that paragraph, the Prime Minister shall grant the license, except in a case that falls under one of the following items:

ja-jp	一　免許申請者が株式会社（次に掲げる機関を置くものに限る。）でないとき。
en-us	(i) the license applicant is not a stock company (meaning a stock company that has the following organs):

ja-jp	イ　取締役会
en-us	(a) a board of directors; or

ja-jp	ロ　監査役又は委員会
en-us	(b) company auditors or committees.

ja-jp	二　免許申請者がこの法律又はこの法律に相当する外国の法令の規定に違反し、罰金の刑（これに相当する外国の法令による刑を含む。）に処せられ、その刑の執行を終わり、又はその刑の執行を受けることがなくなつた日から五年を経過するまでの会社であるとき。
en-us	(ii) the license applicant is a company that has been sentenced to a fine (including an equivalent sentence under foreign laws and regulations) for violating the provisions of this Act or for violating the provisions of a foreign law or regulation that is equivalent to this Act, and five years have yet to pass since the day on which it finished serving the sentence or ceased to be subject to its enforcement;

ja-jp	三　免許申請者が第百四十八条、第百五十二条第一項、第百五十六条の十七第一項若しくは第二項、第百五十六条の二十六において準用する第百四十八条若しくは第百五十六条の三十二第一項の規定により免許を取り消され、第五十二条第一項、第五十三条第三項、第五十七条の六第三項、第六十六条の二十第一項若しくは第六十六条の四十二第一項の規定により登録を取り消され、若しくは第百六条の七第一項、第百六条の二十一第一項、第百六条の二十八第一項若しくは第百五十六条の五の九第一項の規定により認可を取り消され、又はこの法律に相当する外国の法令の規定により当該外国において受けている同種類の免許若しくは登録（当該免許又は登録に類する許可その他の行政処分を含む。）を取り消され、その取消しの日から五年を経過するまでの会社であるとき。
en-us	(iii) the license applicant is a company that has had its license rescinded pursuant to the provisions of Article 148, Article 152, paragraph (1), Article 156-17, paragraph (1) or (2), Article 148 as applied mutatis mutandis pursuant to Article 156-26, or Article 156-32, paragraph (1); has had its registration rescinded pursuant to the provisions of Article 52, paragraph (1), Article 53, paragraph (3), Article 57-6, paragraph (3), Article 66-20, paragraph (1), or Article 66-42, paragraph (1); has had its authorization rescinded pursuant to the provisions of Article 106-7, paragraph (1), Article 106-21, paragraph (1), Article 106-28, paragraph (1), or Article 156-5-9, paragraph (1); or is a company that had obtained a license or registration of the same kind in a foreign state pursuant to the provisions of a foreign law or regulation that is equivalent to this Act (including permission or any other administrative disposition similar to such a license or registration), but it has had that license or registration rescinded; and five years have yet to pass since the date of the rescission;

ja-jp	四　免許申請者の取締役、会計参与、監査役又は執行役のうちに第八十二条第二項第三号イからヘまでのいずれかに該当する者のある会社であるとき。
en-us	(iv) the license applicant is a company that has a person falling under one of the categories in Article 82, paragraph (2), item (iii), sub-items (a) to (f) inclusive as a director, accounting advisor, company auditor, or executive officer; or

ja-jp	五　免許申請書又はこれに添付すべき書類若しくは電磁的記録のうちに重要な事項について虚偽の記載又は記録があるとき。
en-us	(v) the written license application or a document or electronic or magnetic record that is required to accompany it contains a false statement or false record about a material particular.

ja-jp	（免許の拒否等）
en-us	(Refusal of a License)

ja-jp	第百五十六条の五　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。
en-us	Article 156-5 (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 shall notify the license applicant and have the relevant officials conduct a hearing.

ja-jp	２　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。
en-us	(2) Upon deciding to grant or not to grant the license referred to in Article 156-2, the Prime Minister shall notify the license applicant of this in writing without delay.

ja-jp	（資本金の額）
en-us	(Amount of Stated Capital)

ja-jp	第百五十六条の五の二　金融商品取引清算機関（金融商品取引清算機関が金融商品取引所である場合を除く。次条、第百五十六条の五の五第一項から第五項まで、第百五十六条の五の六第一項、第百五十六条の五の八、第百五十六条の五の九第一項及び第二項、第百五十六条の五の十第二項、第百五十六条の六第二項及び第三項、第百五十六条の十二の二から第百五十六条の十四まで並びに第百五十六条の十七第一項において同じ。）の資本金の額は、政令で定める金額以上でなければならない。
en-us	Article 156-5-2 The stated capital of a Financial Instruments Clearing Organization (other than a Financial Instruments Clearing Organization that is a Financial Instruments Exchange; hereinafter the same applies in the following Article; Article 156-5-5, paragraphs (1) to (5) inclusive; Article 156-5-6, paragraph (1); Article 156-5-8; Article 156-5-9, paragraphs (1) and (2); Article 156-5-10, paragraph (2); Article 156-6, paragraphs (2) and (3); Article 156-12-2 to Article 156-14 inclusive; and Article 156-17, paragraph (1)) must be at least the amount specified by Cabinet Order.

ja-jp	（対象議決権保有届出書の提出）
en-us	(Submission of a Statement of Holdings in Subject Voting Rights)

ja-jp	第百五十六条の五の三　金融商品取引清算機関の総株主の議決権の百分の五を超える議決権（社債、株式等の振替に関する法律第百四十七条第一項又は第百四十八条第一項の規定により発行者に対抗することができない株式に係る議決権を含み、取得又は保有の態様その他の事情を勘案して内閣府令で定めるものを除く。以下この節において「対象議決権」という。）を保有することとなつた者は、内閣府令で定めるところにより、保有する当該対象議決権の数を当該金融商品取引清算機関の総株主の議決権の数で除して得た割合、保有の目的その他当該対象議決権に関し内閣府令で定める事項を記載した対象議決権保有届出書を、遅滞なく、内閣総理大臣に提出しなければならない。
en-us	Article 156-5-3 (1) A person that becomes the holder of voting rights (including voting rights in respect of shares that cannot be asserted against the Issuer pursuant to the provisions of Article 147, paragraph (1) or Article 148, paragraph (1) of the Act on the Book-Entry Transfer of Corporate Bonds, Shares, etc., excluding voting rights that are specified by Cabinet Office Ordinance in consideration of the manner in which they are acquired or held and other circumstances; hereinafter referred to as "Subject Voting Rights" in this Section) exceeding five percent of all shareholders' voting rights in a Financial Instruments Clearing Organization, must submit a statement of holdings in Subject Voting Rights to the Prime Minister, pursuant to the provisions of Cabinet Office Ordinance and without delay, in which the person states the ratio arrived at by dividing the number of Subject Voting Rights held by the number that represents all shareholders' voting rights in the Financial Instruments Clearing Organization, and states the purpose of the holdings and the particulars of the Subject Voting Rights that are otherwise specified by Cabinet Office Ordinance.

ja-jp	２　次の各号に掲げる場合における前項の規定の適用については、当該各号に定める対象議決権は、これを保有するものとみなす。
en-us	(2) With regard to the application of the provisions of the preceding paragraph in a case set forth in one of the following items, the relevant person is deemed to hold the Subject Voting Rights specified in the relevant item:

ja-jp	一　金銭の信託契約その他の契約又は法律の規定に基づき、金融商品取引清算機関の対象議決権を行使することができる権限又は当該議決権の行使について指図を行うことができる権限を有する場合　当該対象議決権
en-us	(i) if a person has the authority to exercise Subject Voting Rights in a Financial Instruments Clearing Organization or the authority to give instructions on the exercise of such voting rights based on the provisions of a money trust contract or other contract or based on the provisions of law: the Subject Voting Rights in question; and

ja-jp	二　株式の所有関係、親族関係その他の政令で定める特別の関係にある者が金融商品取引清算機関の対象議決権を保有する場合　当該特別の関係にある者が保有する対象議決権
en-us	(ii) a person that is related to the person in question through a shareholding relationship, familial relationship, or other special relationship specified by Cabinet Order, holds Subject Voting Rights in a Financial Instruments Clearing Organization: the Subject Voting Rights held by the person with the special relationship to the person in question.

ja-jp	（対象議決権保有届出書の提出者に対する報告の徴取及び検査）
en-us	(Collection of Reports and Inspection of a Person Submitting a Statement of Holdings in Subject Voting Rights)

ja-jp	第百五十六条の五の四　内閣総理大臣は、前条第一項の対象議決権保有届出書のうちに虚偽の記載があり、又は記載すべき事項の記載が欠けている疑いがあると認めるときは、当該対象議決権保有届出書の提出者に対し参考となるべき報告若しくは資料の提出を命じ、又は当該職員にその者の書類その他の物件の検査（当該対象議決権保有届出書の記載に関し必要な検査に限る。）をさせることができる
en-us	Article 156-5-4 If the Prime Minister suspects that a statement of holdings in Subject Voting Rights referred to in paragraph (1) of the preceding Article contains a false statement or omits a statement as to a particular that is required to be stated, the Prime Minister may order the person submitting that statement of holdings in Subject Voting Rights to submit reports or materials that should serve as a reference, or may have the relevant officials inspect the documents and other articles of that person (but only as is necessary in connection with what is stated in the statement of holdings in Subject Voting Rights).

ja-jp	（主要株主に係る認可等）
en-us	(Authorization, etc. as a Major Shareholder)

ja-jp	第百五十六条の五の五　金融商品取引清算機関の総株主の議決権の百分の二十（その財務及び営業の方針の決定に対して重要な影響を与えることが推測される事実として内閣府令で定める事実がある場合には、百分の十五。以下この節において「保有基準割合」という。）以上の数の対象議決権を取得し、若しくは保有しようとする者又は金融商品取引清算機関の総株主の議決権の保有基準割合以上の数の対象議決権を取得し、若しくは保有しようとする会社その他の法人の設立をしようとする者は、あらかじめ、内閣総理大臣の認可を受けなければならない。
en-us	Article 156-5-5 (1) A person seeking to acquire or hold a number of Subject Voting Rights that constitutes 20 percent or more (or 15 percent or more, if a fact has occurred that is specified by Cabinet Office Ordinance as something that is presumed to have a material influence on decisions about financial and operational policies; hereinafter referred to as the "Threshold Holding Ratio" in this Section) of all shareholders' voting rights in a Financial Instruments Clearing Organization or a person seeking to incorporate as a company or other corporation with the intention to acquire or hold a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights in a Financial Instruments Clearing Organization, must obtain the authorization of the Prime Minister before doing so.

ja-jp	２　前項の規定は、保有する対象議決権の数に増加がない場合その他の内閣府令で定める場合において、金融商品取引清算機関の総株主の議決権の保有基準割合以上の数の対象議決権を取得し、又は保有することとなるときには、適用しない。
en-us	(2) If the number of Subject Voting Rights that the person holds does not increase or in any other case specified by Cabinet Office Ordinance, the provisions of the preceding paragraph do not apply to a person acquiring or holding a number of Subject Voting Rights in a Financial Instruments Clearing Organization which is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights.

ja-jp	３　前項の場合において、金融商品取引清算機関の総株主の議決権の保有基準割合以上の数の対象議決権を取得し、又は保有することとなつた者（以下この条において「特定保有者」という。）は、特定保有者になつた旨その他内閣府令で定める事項を、遅滞なく、内閣総理大臣に届け出なければならない。
en-us	(3) In the case referred to in the preceding paragraph, the person that has come to acquire or hold a number of Subject Voting Rights in a Financial Instruments Clearing Organization which is equal to or greater than the Threshold Holding Ratio of all shareholders' voting rights (hereinafter referred to as a "Specified Holder" in this Article) shall notify the Prime Minister without delay that it has become a Specified Holder and of any other matters specified by Cabinet Office Ordinance.

ja-jp	４　第二項の場合において、特定保有者は、特定保有者となつた日から三月以内に、金融商品取引清算機関の保有基準割合未満の数の対象議決権の保有者となるために必要な措置をとらなければならない。ただし、内閣総理大臣の認可を受けた場合は、この限りでない。
en-us	(4) In the case referred to in paragraph (2), a Specified Holder must take the necessary measures to become the holder of a number of Subject Voting Rights in a Financial Instruments Clearing Organization which is less than the Threshold Holding Ratio within three months from the day on which the person becomes a Specified Holder; provided, however, that this does not apply if the Specified Holder obtains the authorization of the Prime Minister.

ja-jp	５　特定保有者は、前項本文の規定により金融商品取引清算機関の保有基準割合未満の数の対象議決権の保有者となつたときは、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	(5) When a Specified Holder becomes the holder of a number of Subject Voting Rights in a Financial Instruments Clearing Organization which is less than the Threshold Holding Ratio, the holder must notify the Prime Minister of this without delay.

ja-jp	６　第三十条の二の規定は、第一項及び第四項ただし書の認可について準用する。
en-us	(6) The provisions of Article 30-2 apply mutatis mutandis to the authorization referred to in paragraph (1) and in the proviso to paragraph (4).

ja-jp	（主要株主に係る認可基準）
en-us	(Criteria for Authorization as a Major Shareholder)

ja-jp	第百五十六条の五の六　内閣総理大臣は、前条第一項又は第四項ただし書の認可の申請があつた場合においては、その申請が次に掲げる基準に適合するかどうかを審査しなければならない。
en-us	Article 156-5-6 (1) Whenever an application is filed for the authorization referred to in paragraph (1) of the preceding Article or in the proviso to paragraph (4) of that Article, the Prime Minister shall examine whether the application conforms to the following criteria:

ja-jp	一　認可申請者がその対象議決権を行使することにより、金融商品取引清算機関の業務の健全かつ適切な運営を損なうおそれがないこと。
en-us	(i) the applicant for authorization's exercise of the Subject Voting Rights is not likely to impair the sound and appropriate operation of the business of the Financial Instruments Clearing Organization;

ja-jp	二　認可申請者が金融商品取引清算機関の業務の公共性に関し十分な理解を有すること。
en-us	(ii) the applicant for authorization has a sufficient understanding of the public nature of the business of a Financial Instruments Clearing Organization; and

ja-jp	三　認可申請者が十分な社会的信用を有する者であること。
en-us	(iii) the applicant for authorization has sufficient social credibility.

ja-jp	２　第百五十六条の四第二項（第一号を除く。）の規定は、前条第一項及び第四項ただし書の認可について準用する。この場合において、第百五十六条の四第二項中「前項」とあるのは「第百五十六条の五の六第一項」と、「第百五十六条の十七第一項若しくは第二項」とあるのは「第百五十六条の十七第一項若しくは第二項、第百五十六条の二十の十四第一項若しくは第二項」と、「第百六条の二十八第一項」とあるのは「第百六条の二十八第一項、第百五十五条の六、第百五十五条の十第一項」と読み替えるものとするほか、必要な技術的読替えは、政令で定める
en-us	(2) The provisions of Article 156-4, paragraph (2) (excluding item (i)) apply mutatis mutandis to the authorization referred to in paragraph (1) and in the proviso to paragraph (4) of the preceding Article. In this case, in Article 156-4, paragraph (2), the phrase "the preceding paragraph" is deemed to be replaced with "Article 156-5-6, paragraph (1)", the phrase "Article 156-17, paragraph (1) or (2)" is deemed to be replaced with "Article 156-17, paragraph (1) or (2); Article 156-20-14, paragraph (1) or (2)", the phrase "Article 106-28, paragraph (1)" is deemed to be replaced with "Article 106-28, paragraph (1); Article 155-6; Article 155-10, paragraph (1)"; and any other necessary technical replacement of terms is specified by Cabinet Order.

ja-jp	（認可を与えない場合の審問）
en-us	(Hearing When Authorization Is Not Granted)

ja-jp	第百五十六条の五の七　内閣総理大臣は、第百五十六条の五の五第一項又は第四項ただし書の認可の申請があつた場合において、その認可を与えることが適当でないと認めるときは、認可申請者に通知して、当該職員に審問を行わせなければならない。
en-us	Article 156-5-7 (1) If an application is filed for the authorization referred to in the provisions of Article 156-5-5, paragraph (1) or in the proviso to paragraph (4) of that Article and the Prime Minister finds it inappropriate to grant that authorization, the Prime Minister shall notify the applicant for authorization and have the relevant officials conduct a hearing.

ja-jp	２　内閣総理大臣が、第百五十六条の五の五第一項若しくは第四項ただし書の認可を与えることとし、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認可申請者に通知しなければならない。
en-us	(2) Upon deciding to grant or not to grant the authorization under the provisions of Article 156-5-5, paragraph (1) or the proviso to paragraph (4) of that Article, the Prime Minister shall notify the applicant for authorization of the in writing without delay.

ja-jp	（主要株主に対する報告の徴取及び検査）
en-us	(Collection of Reports and Inspection of a Major Shareholder)

ja-jp	第百五十六条の五の八　内閣総理大臣は、公益又は投資者保護のため必要かつ適当であると認めるときは、金融商品取引清算機関の主要株主（金融商品取引清算機関の保有基準割合以上の数の対象議決権の保有者であつて、第百五十六条の五の五第一項の認可を受けて設立され、又は同項若しくは同条第四項ただし書の認可を受けているものをいう。以下この節において同じ。）に対し当該金融商品取引清算機関の業務若しくは財産に関し参考となる報告若しくは資料の提出を命じ、又は当該職員に当該主要株主の書類その他の物件の検査（当該金融商品取引清算機関の業務又は財産に関し必要な検査に限る。）をさせることができる。
en-us	Article 156-5-8 Whenever the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order the major shareholder of a Financial Instruments Clearing Organization (meaning a person that holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio, in a Financial Instruments Clearing Organization that has been incorporated after obtaining Article 156-5-5, paragraph (1) authorization or that has obtained the authorization referred to in that paragraph or in the proviso to paragraph (4) of that Article; hereinafter the same applies in this Section) to submit reports or materials that should serve as a reference in connection with the business or assets of the Financial Instruments Clearing Organization, and may have the relevant officials inspect the documents and other articles of such a major shareholder (but only as is necessary in connection with the business or assets of the Financial Instruments Clearing Organization).

ja-jp	（主要株主に対する監督上の処分）
en-us	(Supervisory Measures for Major Shareholders)

ja-jp	第百五十六条の五の九　内閣総理大臣は、金融商品取引清算機関の主要株主が法令に違反したとき、又は主要株主の行為が当該金融商品取引清算機関の業務の健全かつ適切な運営を損なうおそれがあると認めるときは、当該主要株主に対し第百五十六条の五の五第一項又は第四項ただし書の認可を取り消し、その他監督上必要な措置をとることを命ずることができる。
en-us	Article 156-5-9 (1) If the major shareholder of a Financial Instruments Clearing Organization violates a law or regulation, or if it is found that the conduct of a major shareholder is likely to impair the sound and appropriate operation of the business of the Financial Instruments Clearing Organization, the Prime Minister may rescind the major shareholder's Article 156-5-5, paragraph (1) authorization or the authorization referred to in the proviso to paragraph (4) of that Article, or order the major shareholder to take measures that are necessary from a supervisory perspective.

ja-jp	２　前項の規定により第百五十六条の五の五第一項又は第四項ただし書の認可を取り消された者は、当該認可を取り消された日から三月以内に、金融商品取引清算機関の保有基準割合未満の数の対象議決権の保有者となるために必要な措置をとらなければならない。
en-us	(2) A person that has the authorization referred to in Article 156-5-5, paragraph (1) or in the proviso to paragraph (4) of that Article rescinded pursuant to the provisions of the preceding paragraph must take the necessary measures to become the holder of a number of Subject Voting Rights in a Financial Instruments Clearing Organization which is less than the Threshold Holding Ratio, within three months from the day that the authorization is rescinded.

ja-jp	３　内閣総理大臣は、第一項の規定により必要な措置を命じようとするときは、行政手続法第十三条第一項の規定による意見陳述のための手続の区分にかかわらず、聴聞を行わなければならない。
en-us	(3) Irrespective the category of proceeding for hearing statements of opinion under Article 13, paragraph (1) of the Administrative Procedure Act, before seeking to order the necessary measures pursuant to the provisions of paragraph (1), the Prime Minister must conduct a hearing.

ja-jp	（主要株主に係る認可の失効）
en-us	(Lapse of Authorization as a Major Shareholder)

ja-jp	第百五十六条の五の十　第百五十六条の五の五第一項の認可を受けた者が当該認可を受けた日から六月以内に保有基準割合以上の数の対象議決権の保有者とならなかつたとき、又は保有基準割合以上の数の対象議決権の保有者である会社その他の法人の設立をしなかつたときは、当該認可は、その効力を失う。この場合において、当該認可を受けた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 156-5-10 (1) If a person that has obtained Article 156-5-5, paragraph (1) authorization does not become the holder of a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio within six months from the day on which that person obtains the authorization, or does not incorporate as a company or other corporation that holds a number of Subject Voting Rights that is equal to or greater than the Threshold Holding Ratio, that authorization ceases to be valid. In such a case, the person that obtained the authorization must notify the Prime Minister of this without delay.

ja-jp	２　金融商品取引清算機関の主要株主が保有基準割合未満の数の対象議決権の保有者となつたときは、第百五十六条の五の五第一項又は第四項ただし書の認可は、その効力を失う。この場合において、主要株主であつた者は、遅滞なく、その旨を内閣総理大臣に届け出なければならない。
en-us	(2) If the major shareholder of a Financial Instruments Clearing Organization has become the holder of a number of Subject Voting Rights that is less than the Threshold Holding Ratio, the authorization referred to in Article 156-5-5, paragraph (1) or in the proviso to paragraph (4) of that Article ceases to be valid. In such a case, the person that was formerly a major shareholder must notify the Prime Minister of this without delay.

ja-jp	（対象議決権に係る規定の準用）
en-us	(Mutatis Mutandis Application of Provisions Regarding Subject Voting Rights)

ja-jp	第百五十六条の五の十一　第百五十六条の五の三第二項の規定は、第百五十六条の五の五第一項から第五項まで、第百五十六条の五の六第一項、第百五十六条の五の八、第百五十六条の五の九第二項及び前条の規定を適用する場合について準用する。この場合において、第百五十六条の五の三第二項中「保有する」とあるのは「取得し、又は保有する」と、同項第一号中「有する」とあるのは「有し、又は有することとなる」と読み替えるものとする。
en-us	Article 156-5-11 The provisions of Article 156-5-3, paragraph (2) apply mutatis mutandis if the provisions of Article 156-5-5, paragraphs (1) to (5) inclusive; Article 156-5-6, paragraph (1); Article 156-5-8; Article 156-5-9, paragraph (2); and the preceding Article are applicable. In this case, in Article 156-5-3, paragraph (2), the term "hold" is deemed to be replaced with "acquire or hold", and in item (i) of that paragraph, the term "has" is deemed to be replaced with "has, or will have".

ja-jp	（業務の制限）
en-us	(Restriction on Business)

ja-jp	第百五十六条の六　金融商品取引清算機関は、業務方法書の定めるところにより、金融商品債務引受業対象業者（第二条第二十八項に規定する金融商品債務引受業対象業者をいう。以下この項において同じ。）以外の者を相手方として、金融商品債務引受業対象業者以外の者が行う対象取引（同条第二十八項に規定する対象取引をいう。以下この章において同じ。）に基づく債務を、引受け、更改その他の方法により負担することを業として行うことができる。
en-us	Article 156-6 (1) Pursuant to the provisions of its business rules, a Financial Instruments Clearing Organization, in the course of trade, may take over, novate, or in any other way bear the obligations of a person other than a Business Counterparty to Financial Instruments Debt Assumption Services (meaning a Business Counterparty to Financial Instruments Debt Assumption Services as prescribed in Article 2, paragraph (28); hereinafter the same applies in this paragraph) which arise from a subject transaction (meaning a subject transaction as prescribed in Article 2, paragraph (28); hereinafter the same applies in this Chapter) effected by a person other than a Business Counterparty to Financial Instruments Debt Assumption Services.

ja-jp	２　金融商品取引清算機関は、金融商品債務引受業等及びこれに附帯する業務のほか、他の業務を行うことができない。ただし、金融商品債務引受業に関連する業務又は商品取引債務引受業等（商品先物取引法第百七十条第二項に規定する商品取引債務引受業等をいう。以下同じ。）及びこれに附帯する業務で、当該金融商品取引清算機関が金融商品債務引受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ものについて、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。
en-us	(2) A Financial Instruments Clearing Organization may not conduct business other than Financial Instruments Debt Assumption Services, etc. and business incidental thereto; provided, however, that this does not apply if the Financial Instruments Clearing Organization obtains the approval of the Prime Minister pursuant to the provisions of Cabinet Office Ordinance, for business related to Financial Instruments Debt Assumption Services or Commodity Transaction Debt Assumption Services, etc. (meaning Commodity Transaction Debt Assumption Services, etc. as prescribed in Article 170, paragraph (2) of the Commodity Futures Act; the same applies hereinafter) and business incidental thereto which is found to carry no risk of compromising the Financial Instruments Clearing Organization's proper and reliable performance of Financial Instruments Debt Assumption Services.

ja-jp	３　金融商品取引清算機関は、前項ただし書の承認を受けた業務を廃止したときは、内閣府令で定めるところにより、その旨を内閣総理大臣に届け出なければならない。
en-us	(3) If a Financial Instruments Clearing Organization discontinues the business for which it has obtained the approval referred to in the proviso to the preceding paragraph, it must notify the Prime Minister of this pursuant to the provisions of Cabinet Office Ordinance.

ja-jp	４　内閣総理大臣は、第二項ただし書の承認に条件を付することができる。
en-us	(4) The Prime Minister may attach conditions to the approval referred to in the proviso to paragraph (2).

ja-jp	５　前項の条件は、公益又は投資者保護のため必要な最小限度のものでなければならない。
en-us	(5) The conditions referred to in the preceding paragraph must constitute the minimum level of conditions that are necessary for the public interest and the protection of investors.

ja-jp	（業務方法書）
en-us	(Business Rules)

ja-jp	第百五十六条の七　金融商品取引清算機関は、業務方法書の定めるところにより、その業務を行わなければならない。
en-us	Article 156-7 (1) A Financial Instruments Clearing Organization must conduct its business pursuant to the provisions of its business rules.

ja-jp	２　業務方法書には、次に掲げる事項を定めなければならない。
en-us	(2) The following matters must be specified in the business rules:

ja-jp	一　前条第一項の業務を行う場合にあつては、その旨
en-us	(i) that the business set forth in paragraph (1) of the preceding Article is conducted, if applicable;

ja-jp	二　金融商品債務引受業（前条第一項の業務を行う場合にあつては、金融商品債務引受業等。以下この項、第百五十六条の十及び第百五十六条の十一の二第一項において同じ。）の対象とする債務の起因となる取引
en-us	(ii) the transactions giving rise to obligations that are subject to Financial Instruments Debt Assumption Services (or, if the business set forth in paragraph (1) of the preceding Article is conducted, Financial Instruments Debt Assumption Services, etc.; hereinafter the same applies in this paragraph, Article 156-10 and Article 156-11-2, paragraph (1));

ja-jp	三　金融商品債務引受業の相手方とする者（以下「清算参加者」という。）の要件に関する事項
en-us	(iii) the particulars of the requirements for becoming the counterparty to the Financial Instruments Debt Assumption Services (hereinafter referred to as a "Clearing Member");

ja-jp	四　金融商品債務引受業として行う引受け、更改その他の方法による債務の負担及びその履行に関する事項
en-us	(iv) the particulars of the taking over, novating, or other bearing of obligations that the clearing organization performs as Financial Instruments Debt Assumption Services, and the particulars of the performance of such obligations;

ja-jp	五　清算参加者の債務の履行の確保に関する事項
en-us	(v) the particulars involved in ensuring the performance of the obligations of a Clearing Member;

ja-jp	六　有価証券等清算取次ぎに関する事項
en-us	(vi) the particulars of Brokerage for the Clearing of Securities, etc.;

ja-jp	七　連携金融商品債務引受業務（第百五十六条の二十の十六第一項に規定する連携金融商品債務引受業務をいう。以下この号において同じ。）を行う場合にあつては、連携金融商品債務引受業務に関する事項
en-us	(vii) if collaborative Financial Instruments Debt Assumption Services (meaning collaborative Financial Instruments Debt Assumption Services as prescribed in Article 156-20-16, paragraph (1); hereinafter the same applies in this item) are performed, the particulars of the collaborative Financial Instruments Debt Assumption Services; and

ja-jp	八　その他内閣府令で定める事項
en-us	(viii) other matters specified by Cabinet Office Ordinance.

ja-jp	（秘密保持義務）
en-us	(Duty of Confidentiality)

ja-jp	第百五十六条の八　金融商品取引清算機関の役員（役員が法人であるときは、その職務を行うべき者）若しくは職員又はこれらの職にあつた者は、その業務に関して知り得た秘密を漏らし、又は盗用してはならない。
en-us	Article 156-8 (1) It is prohibited for the officer (or, if an officer is a corporation, the person that performs those duties) or employee of a Financial Instruments Clearing Organization, or for a person that has held one of these positions, to divulge or misappropriate any secret learned in connection with the business of that organization.

ja-jp	２　金融商品取引清算機関の役員（役員が法人であるときは、その職務を行うべき者）若しくは職員又はこれらの職にあつた者は、その職務に関して知り得た情報を、金融商品取引清算機関の業務の用に供する目的以外に利用してはならない。
en-us	(2) It is prohibited for the officer (or, if an officer is a corporation, the person that performs those duties) or employee of a Financial Instruments Clearing Organization, or for a person that has held one of these positions, to utilize information learned in the course of duty for a purpose other than the business uses of the Financial Instruments Clearing Organization for which the information is provided.

ja-jp	（不当な差別的取扱いの禁止）
en-us	(Prohibition on Unfairly Differential Treatment)

ja-jp	第百五十六条の九　金融商品取引清算機関は、特定の清算参加者に対し不当な差別的取扱いをしてはならない。
en-us	Article 156-9 A Financial Instruments Clearing Organization must not subject any particular Clearing Member to unfairly differential treatment.

ja-jp	（金融商品債務引受業の適切な遂行を確保するための措置）
en-us	(Measures to Ensure the Proper Performance of Financial Instruments Debt Assumption Services)

ja-jp	第百五十六条の十　金融商品取引清算機関は、金融商品債務引受業により損失が生じた場合に清算参加者が当該損失の全部を負担する旨を業務方法書において定めることその他の金融商品債務引受業の適切な遂行を確保するための措置を講じなければならない。
en-us	Article 156-10 A Financial Instruments Clearing Organization must take measures to ensure the proper performance of Financial Instruments Debt Assumption Services, such as stipulating in its business rules that if a loss is incurred due to Financial Instruments Debt Assumption Services, a Clearing Member bears all of that loss.

ja-jp	（清算預託金）
en-us	(Clearing Deposit)

ja-jp	第百五十六条の十一　金融商品取引清算機関が業務方法書で清算預託金（清算参加者が金融商品取引清算機関に対し債務の履行を担保するために預託する金銭その他の財産（内閣府令で定めるものに限る。）をいう。以下この条において同じ。）を定めている場合において、清算参加者が債務の不履行により金融商品取引清算機関に対し損害を与えたときは、その損害を受けた金融商品取引清算機関は、その損害を与えた清算参加者の清算預託金について、他の債権者に先立ち弁済を受ける権利を有する。
en-us	Article 156-11 If a Financial Instruments Clearing Organization makes provisions in its business rules for a Clearing Deposit (meaning money or other property (limited to that which is specified by Cabinet Office Ordinance) deposited with a Financial Instruments Clearing Organization by a Clearing Member as collateral against the performance of obligations; hereinafter the same applies in this Article), and a Clearing Member causes damage to the Financial Instruments Clearing Organization by defaulting on an obligation, the Financial Instruments Clearing Organization that incurs the damage has the right to receive payment from the Clearing Deposit that has been deposited by the Clearing Member that caused the damage, in preference over other creditors

ja-jp	（特別清算手続等が開始されたときの手続等）
en-us	(Procedures at the Commencement of Special Liquidation Proceedings)

ja-jp	第百五十六条の十一の二　金融商品取引清算機関が業務方法書で未決済債務等（清算参加者が行つた対象取引等（対象取引、商品市場における取引（商品先物取引法第二条第十項に規定する商品市場における取引をいう。）又は店頭商品デリバティブ取引（同条第十四項に規定する店頭商品デリバティブ取引をいう。）をいう。以下この条において同じ。）の相手方から金融商品債務引受業又は商品取引債務引受業等として引受け、更改その他の方法により負担した当該対象取引に基づく債務、当該清算参加者から当該対象取引等に基づく債務を負担した対価として当該清算参加者に対して取得した債権（当該債務と同一の内容を有するものに限る。）及び担保をいう。以下この項において同じ。）について差引計算の方法、担保の充当の方法その他の決済の方法を定めている場合において、清算参加者に特別清算手続、破産手続、再生手続又は更生手続が開始されたときは、これらの手続の関係において、未決済債務等に関する金融商品取引清算機関又は当該清算参加者が有する請求権の額の算定その他の決済の方法は、当該業務方法書の定めに従うものとする。
en-us	Article 156-11-2 (1) If a Financial Instruments Clearing Organization makes provisions in its business rules for the method of netting off outstanding obligations (meaning obligations which have arisen from subject transactions, etc. (meaning a subject transactions, Transactions on a Commodity Market (meaning Transactions on a Commodity Market as defined in Article 2, paragraph (10) of the Commodity Futures Act), or Over-the-Counter Commodity Derivatives Transactions (meaning Over-the-Counter Commodity Derivatives Transactions as defined in paragraph (14) of that Article); hereinafter the same applies in this Article) that a Clearing Member has effected, and which the clearing organization has taken over from the other parties to the subject transactions or has novated or in any other way borne as Financial Instruments Debt Assumption Services or Commodity Transaction Debt Assumption Services, etc.; claims (limited to claims with the same contents as such obligations) that the clearing organization has acquired against such a Clearing Member as the consideration for the obligations which have arisen out of subject transactions, etc. and which the clearing organization has borne for that Clearing Member; and collateral; hereinafter the same applies in this paragraph), the method of allocating collateral to cover outstanding obligations, or other means of settling outstanding obligations, and special liquidation proceedings, bankruptcy proceedings, rehabilitation proceedings, or reorganization proceedings commence for a Clearing Member, the calculation of the amount of the claim that the Financial Instruments Clearing Organization or the Clearing Member has in terms of outstanding obligations and other means of settlement in relation to these proceedings, are to be in accordance with the provisions of the business rules.

ja-jp	２　破産手続、再生手続又は更生手続において、金融商品取引清算機関が有する前項に規定する請求権は破産債権、再生債権又は更生債権とし、清算参加者が有する同項に規定する請求権は破産財団、再生債務者財産又は更生会社財産若しくは更生協同組織金融機関財産に属する財産とする。
en-us	(2) In bankruptcy proceedings, rehabilitation proceedings, or reorganization proceedings, the claims provided for in the preceding paragraph which a Financial Instruments Clearing Organization has are bankruptcy claims, rehabilitation claims, or reorganization claims, and the claims provided for in that paragraph which a Clearing Member has are the property that is part of the bankruptcy estate, rehabilitation debtor's assets, the property of the corporation in need of reorganization, or the property of the cooperative financial institution in need of reorganization.

ja-jp	（定款又は業務方法書の変更の認可）
en-us	(Authorization to Change the Articles of Incorporation or Business Rules)

ja-jp	第百五十六条の十二　金融商品取引清算機関は、定款又は業務方法書を変更しようとするときは、内閣総理大臣の認可を受けなければならない。
en-us	Article 156-12 A Financial Instruments Clearing Organization must obtain the authorization of the Prime Minister if it seeks to change its articles of incorporation or business rules.

ja-jp	（発行済株式の総数等の縦覧）
en-us	(Public Inspection of the Total Number of Issued Shares)

ja-jp	第百五十六条の十二の二　金融商品取引清算機関は、内閣府令で定めるところにより、その発行済株式の総数、総株主の議決権の数その他の内閣府令で定める事項を、公衆の縦覧に供しなければならない。
en-us	Article 156-12-2 A Financial Instruments Clearing Organization must make its total number of issued shares, the number that represents all shareholders' voting rights and other matters specified by Cabinet Office Ordinance available for public inspection, pursuant to the provisions of Cabinet Office Ordinance.

ja-jp	（資本の減少の認可等）
en-us	(Authorization to Reduce Capital)

ja-jp	第百五十六条の十二の三　金融商品取引清算機関は、その資本金の額を減少しようとするときは、内閣総理大臣の認可を受けなければならない。
en-us	Article 156-12-3 (1) A Financial Instruments Clearing Organization must obtain the authorization of the Prime Minister if it seeks to reduce its stated capital.

ja-jp	２　金融商品取引清算機関は、その資本金の額を増加しようとするときは、内閣府令で定めるところにより、内閣総理大臣に届け出なければならない。
en-us	(2) A Financial Instruments Clearing Organization must notify the Prime Minister pursuant to the provisions of Cabinet Office Ordinance if it seeks to increase its stated capital.

ja-jp	（営業所等の変更の届出）
en-us	(Notification of a Change of Business Offices)

ja-jp	第百五十六条の十三　金融商品取引清算機関は、第百五十六条の三第一項第三号から第五号までに掲げる事項のいずれかに変更があつたときは、内閣府令で定めるところにより、同条第二項第一号又は第三号に掲げる書類を添えて、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 156-13 If a particular set forth in Article 156-3, paragraph (1), item (iii) to (v) inclusive changes, the Financial Instruments Clearing Organization must notify the Prime Minister of this, pursuant to the provisions of Cabinet Office Ordinance, supplying a document specified in paragraph (2), item (i) or (iii) of that Article.

ja-jp	（役員の欠格事由等）
en-us	(Causes for Ineligibility as an Officer)

ja-jp	第百五十六条の十四　第八十二条第二項第三号イからへまでのいずれかに該当する者は、金融商品取引清算機関の取締役、会計参与、監査役又は執行役となることができない。
en-us	Article 156-14 (1) A person falling under one of the categories in Article 82, paragraph (2), item (iii), sub-items (a) to (f) inclusive may not become the director, accounting advisor, company auditor, or executive officer of a Financial Instruments Clearing Organization.

ja-jp	２　金融商品取引清算機関の取締役、会計参与、監査役又は執行役が前項に規定する者に該当することとなつたときは、その職を失う。
en-us	(2) The director, accounting advisor, company auditor, or executive officer of a Financial Instruments Clearing Organization loses that position upon coming to fall under the category of person provided for in the preceding paragraph.

ja-jp	３　内閣総理大臣は、不正の手段により金融商品取引清算機関の取締役、会計参与、監査役若しくは執行役となつた者のあることが判明したとき、又は金融商品取引清算機関の取締役、会計参与、監査役若しくは執行役が法令若しくは法令に基づく行政官庁の処分に違反したときは、当該金融商品取引清算機関に対し、当該取締役、会計参与、監査役又は執行役の解任を命ずることができる。
en-us	(3) If the director, accounting advisor, company auditor, or executive officer of a Financial Instruments Clearing Organization is discovered to have become a director, accounting advisor, company auditor, or executive officer by wrongful means or if the director, accounting advisor, company auditor, or executive officer of a Financial Instruments Clearing Organization violates a law or regulation or a disposition by a government agency which is based on a law or regulation, the Prime Minister may order the Financial Instruments Clearing Organization to dismiss that director, accounting advisor, company auditor, or executive officer.

ja-jp	４　会社法第三百三十一条第二項ただし書（同法第三百三十五条第一項において準用する場合を含む。）、第三百三十二条第二項（同法第三百三十四条第一項において準用する場合を含む。）、第三百三十六条第二項及び第四百二条第五項ただし書の規定は、金融商品取引清算機関については、適用しない。
en-us	(4) The provisions of the proviso to Article 331, paragraph (2) of the Companies Act (including as applied mutatis mutandis pursuant to Article 335, paragraph (1) of that Act) and of Article 332, paragraph (2) (including as applied mutatis mutandis pursuant to Article 334, paragraph (1) of that Act); Article 336, paragraph (2); and the proviso to Article 402, paragraph (5) of that Act do not apply to Financial Instruments Clearing Organizations.

ja-jp	（報告の徴取及び検査）
en-us	(Collection of Reports and Inspections)

ja-jp	第百五十六条の十五　内閣総理大臣は、公益又は投資者保護のため必要かつ適当であると認めるときは、金融商品取引清算機関、その清算参加者若しくは当該金融商品取引清算機関から業務の委託を受けた者に対し当該金融商品取引清算機関の業務若しくは財産に関し参考となるべき報告若しくは資料の提出を命じ、又は当該職員に当該金融商品取引清算機関若しくは当該金融商品取引清算機関から業務の委託を受けた者の業務若しくは財産の状況若しくは帳簿書類その他の物件の検査（当該金融商品取引清算機関から業務の委託を受けた者にあつては、当該金融商品取引清算機関の業務又は財産に関し必要な検査に限る。）をさせることができる。
en-us	Article 156-15 Whenever the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors, the Prime Minister may order a Financial Instruments Clearing Organization, its Clearing Member, or the person that a Financial Instruments Clearing Organization has entrusted with its business, to submit reports or materials that should serve as a reference with regard to the business or assets of the Financial Instruments Clearing Organization, and may have the relevant officials inspect the state of the business or assets, or the books and documents or any other articles, of a Financial Instruments Clearing Organization or the person that a Financial Instruments Clearing Organization has entrusted with its business (but may only have the relevant officials inspect the person that a Financial Instruments Clearing Organization has entrusted with its business as is necessary in connection with the business or assets of the Financial Instruments Clearing Organization).

ja-jp	（業務改善命令）
en-us	(Business Improvement Orders)

ja-jp	第百五十六条の十六　内閣総理大臣は、金融商品取引清算機関の業務の運営又は財産の状況に関し、公益又は投資者保護のため必要かつ適当であると認めるときは、その必要の限度において、当該金融商品取引清算機関に対し、業務の内容若しくは方法の変更その他業務の運営又は財産の状況の改善に必要な措置をとるべきことを命ずることができる。
en-us	Article 156-16 If the Prime Minister finds it to be necessary and appropriate in the public interest or for the protection of investors as concerns a Financial Instruments Clearing Organization's business operations or the state of its assets, the Prime Minister, within the scope of this necessity, may order the Financial Instruments Clearing Organization to change its business outline or its business methods, or to otherwise take measures that are necessary for improving its business operations or the state of its assets.

ja-jp	（免許の取消し等）
en-us	(Rescission of a License)

ja-jp	第百五十六条の十七　内閣総理大臣は、金融商品取引清算機関がその免許を受けた当時既に第百五十六条の四第二項各号のいずれかに該当していたことが判明したときは、その免許を取り消すことができる。
en-us	Article 156-17 (1) If a Financial Instruments Clearing Organization is discovered to have fallen under one of the categories in the items of Article 156-4, paragraph (2) at the time it obtained its license, the Prime Minister may rescind the license.

ja-jp	２　内閣総理大臣は、金融商品取引清算機関が法令、法令に基づく行政官庁の処分又は第百五十六条の六第二項ただし書若しくは第百五十六条の十九第一項の承認に付した条件に違反したときは、第百五十六条の二の免許若しくは第百五十六条の六第二項ただし書若しくは第百五十六条の十九第一項の承認を取り消し、六月以内の期間を定めてその業務の全部若しくは一部の停止を命じ、又はその役員の解任を命ずることができる。
en-us	(2) If a Financial Instruments Clearing Organization violates a law or regulation, a disposition by a government agency which is based on a law or regulation, or a condition attached to the approval referred to in the proviso to Article 156-6, paragraph (2) or in Article 156-19, paragraph (1), the Prime Minister may rescind the license referred to in Article 156-2 or the approval referred to in the proviso to Article 156-6, paragraph (2) or in Article 156-19, paragraph (1), order the suspension of all or a part of its business activities during a fixed period of no longer than six months, or order the dismissal of its officers.

ja-jp	（解散等の認可）
en-us	(Authorization for Dissolution)

ja-jp	第百五十六条の十八　金融商品取引清算機関の金融商品債務引受業の廃止又は解散の決議は、内閣総理大臣の認可を受けなければ、その効力を生じない。
en-us	Article 156-18 A resolution to discontinue the Financial Instruments Debt Assumption Services of a Financial Instruments Clearing Organization or a resolution to dissolve a Financial Instruments Clearing Organization does not become effective without the authorization of the Prime Minister.

ja-jp	（金融商品債務引受業等）
en-us	(Financial Instruments Debt Assumption Services, etc.)

ja-jp	第百五十六条の十九　金融商品取引所は、第八十七条の二第一項及び第百五十六条の二の規定にかかわらず、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て金融商品債務引受業等及びこれに附帯する業務を行うことができる。
en-us	Article 156-19 (1) Notwithstanding the provisions of Article 87-2, paragraph (1) and Article 156-2, a Financial Instruments Exchange may perform Financial Instruments Debt Assumption Services, etc. and business incidental thereto with the approval of the Prime Minister, pursuant to the provisions of Cabinet Office Ordinance.

ja-jp	２　商品市場開設金融商品取引所は、第八十七条の二第一項の規定にかかわらず、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て商品取引債務引受業等及びこれに附帯する業務を行うことができる。
en-us	(2) Notwithstanding the provisions of Article 87-2, paragraph (1), a Financial Instruments Exchange Engaged in the Operation of a Commodity Market may perform Commodity Transaction Debt Assumption Services, etc. and business incidental thereto with the approval of the Prime Minister, pursuant to the provisions of Cabinet Office Ordinance.

ja-jp	３　商品市場開設金融商品取引所は、前項の承認を受けた業務を廃止したときは、内閣府令で定めるところにより、その旨を内閣総理大臣に届け出なければならない。
en-us	(3) If a Financial Instruments Exchange Engaged in the Operation of a Commodity Market discontinues the business for which it has obtained the authorization referred to in the preceding paragraph, it must notify the Prime Minister of this pursuant to the provisions of Cabinet Office Ordinance.

ja-jp	４　第百五十六条の六第四項及び第五項の規定は、第一項又は第二項の承認について準用する。
en-us	(4) The provisions of Article 156-6, paragraphs (4) and (5) apply mutatis mutandis to the approval referred to in paragraph (1) or (2).

ja-jp	（金融商品取引所の金融商品債務引受業等の承認の取消し）
en-us	(Rescission of Approval for the Financial Instruments Debt Assumption Services, etc. of a Financial Instruments Exchange)

ja-jp	第百五十六条の二十　内閣総理大臣は、前条第一項の承認を受けた金融商品取引所が次の各号のいずれかに該当するときは、その承認を取り消すことができる。
en-us	Article 156-20 (1) If a Financial Instruments Exchange that obtains the approval referred to in paragraph (1) of the preceding Article falls under one of the following items, the Prime Minister may rescind the approval:

ja-jp	一　不正の手段により前条の承認を受けたとき。
en-us	(i) it obtains the approval referred to in the preceding Article by wrongful means;

ja-jp	二　第八十条第一項の免許を取り消されたとき。
en-us	(ii) the license referred to in Article 80, paragraph (1) has been rescinded; or

ja-jp	三　第百三十四条第一項各号のいずれかに該当するとき。
en-us	(iii) it falls under one of the items of Article 134, paragraph (1).

ja-jp	２　内閣総理大臣は、前条第二項の承認を受けた商品市場開設金融商品取引所が法令、法令に基づく行政官庁の処分又は同項の承認に付した条件に違反したときは、同項の承認を取り消すことができる。
en-us	(2) If a Financial Instruments Exchange Engaged in the Operation of a Commodity Market that has obtained the approval referred to in paragraph (2) of the preceding Article violates a law or regulation, a disposition by a government agency which is based on a law or regulation, or a condition attached to the approval referred to in that paragraph, the Prime Minister may rescind the approval referred to in that paragraph.

ja-jp	第二節　外国金融商品取引清算機関
en-us	Section 2 Foreign Financial Instruments Clearing Organizations

ja-jp	第百五十六条の二十の二　外国の法令に準拠して設立された法人で外国において金融商品債務引受業と同種類の業務を行う者は、前節の規定にかかわらず、この節の定めるところにより、内閣総理大臣の免許を受けて金融商品債務引受業を行うことができる。
en-us	Article 156-20-2 Notwithstanding the provisions of the preceding Section, a corporation incorporated based on foreign laws and regulations which performs services of the same type as Financial Instruments Debt Assumption Services in a foreign state may conduct Financial Instruments Debt Assumption Services if licensed by the Prime Minister pursuant to the provisions of this Section.

ja-jp	（免許の申請）
en-us	(License Application)

ja-jp	第百五十六条の二十の三　前条の免許を受けようとする者は、国内における代表者を定め、次に掲げる事項を記載した免許申請書を内閣総理大臣に提出しなければならない。
en-us	Article 156-20-3 (1) A person seeking the license referred to in the preceding Article must designate a domestic representative and submit a written license application to the Prime Minister, in which it states the following particulars:

ja-jp	一　商号又は名称
en-us	(i) its trade name or name;

ja-jp	二　資本金の額又は出資の総額
en-us	(ii) the amount of stated capital or the total amount of contributions;

ja-jp	三　本店又は主たる事務所の所在の場所
en-us	(iii) the location of its head office or principal office;

ja-jp	四　国内に事務所があるときは、その所在の場所
en-us	(iv) the location of its office in Japan, if any;

ja-jp	五　役員の役職名及び氏名
en-us	(v) the titles and names of its officers;

ja-jp	六　国内における代表者の氏名及び国内の住所
en-us	(vi) the name and domestic address of its domestic representative; and

ja-jp	七　金融商品債務引受業等及びこれに附帯する業務以外の業務を行うときは、その業務の内容
en-us	(vii) if the person conducts business other than Financial Instruments Debt Assumption Services, etc. and business incidental to this, the outline of that business.

ja-jp	２　前項の免許申請書には、次に掲げる書類を添付しなければならない。
en-us	(2) The following documents must accompany the written license application referred to in the preceding paragraph:

ja-jp	一　次条第二項第一号から第四号までに掲げる要件に該当しない旨を誓約する書面
en-us	(i) a document pledging that the applicant does not fall under the purview of the requirements set forth in paragraph (2), items (i) to (iv) inclusive of the following Article;

ja-jp	二　定款（これに準ずるものを含む。以下この章において同じ。）
en-us	(ii) the articles of incorporation (including anything equivalent thereto; hereinafter the same applies in this Chapter);

ja-jp	三　業務方法書
en-us	(iii) the business rules;

ja-jp	四　貸借対照表及び損益計算書
en-us	(iv) the balance sheet and profit and loss statement;

ja-jp	五　収支の見込みを記載した書類
en-us	(v) documents stating expected income and expenditures;

ja-jp	六　未決済債務等（第百五十六条の二十の九第一項に規定する未決済債務等をいう。次条第一項第五号において同じ。）の決済を行うために必要な担保の徴求の方法その他の当該決済の仕組み及び当該決済の業務を行うための設備、人員その他の体制の概要を記載した書類
en-us	(vi) a document outlining the method of securing the collateral needed to settle outstanding obligations (meaning outstanding obligations as prescribed in Article 156-20-9, paragraph (1); hereinafter the same applies in paragraph (1), item (v) of the following Article) and other arrangements for settling them, and outlining the facilities, staff, and other systems for performing such settlement operations; and

ja-jp	七　前各号に掲げるもののほか、内閣府令で定める書類
en-us	(vii) beyond what is set forth in the preceding items, documents specified by Cabinet Office Ordinance.

ja-jp	（免許審査基準）
en-us	(Licensing Examination Criteria)

ja-jp	第百五十六条の二十の四　内閣総理大臣は、前条第一項の規定による免許の申請があつた場合においては、その申請が次に掲げる基準に適合するかどうかを審査しなければならない。
en-us	Article 156-20-4 (1) Whenever a license application under paragraph (1) of the preceding Article is filed, the Prime Minister shall examine whether the application conforms to the following criteria:

ja-jp	一　免許申請者がその本店又は主たる事務所が所在する国において第百五十六条の二の免許と同種類の免許又はこれに類する許可その他の行政処分を受けた者であること。
en-us	(i) the license applicant has obtained the same kind of license as that referred to in Article 156-2 or permission or any other administrative disposition similar to such a license in the state where its head office or principal office is located;

ja-jp	二　定款及び業務方法書の規定が法令に適合し、かつ、金融商品債務引受業を適正かつ確実に遂行するために十分であること。
en-us	(ii) the provisions of the articles of incorporation and business rules conform to laws and regulations and are sufficient to allow Financial Instruments Debt Assumption Services to be performed properly and reliably;

ja-jp	三　金融商品債務引受業を健全に遂行するに足りる財産的基礎を有し、かつ、金融商品債務引受業に係る収支の見込みが良好であること。
en-us	(iii) the applicant has a sufficient financial basis to soundly perform Financial Instruments Debt Assumption Services, and has good prospects in terms of expected income and expenditures in connection with Financial Instruments Debt Assumption Services;

ja-jp	四　その人的構成に照らして、金融商品債務引受業を適正かつ確実に遂行することができる知識及び経験を有し、かつ、十分な社会的信用を有すること。
en-us	(iv) in light of its personnel structure, the applicant has sufficient knowledge and experience to perform Financial Instruments Debt Assumption Service properly and reliably, and has sufficient social credibility; and

ja-jp	五　未決済債務等の決済に充当する担保の適切な徴求、当該決済が円滑に行われるための信頼性の高い設備の運用その他当該決済が適正かつ確実に行われるための仕組み及び体制が十分に整備されていること。
en-us	(v) the applicant has an adequately developed structure and system for properly securing collateral to allocate for settling outstanding obligations, for managing highly reliable facilities in order to facilitate such settlement, and for otherwise executing such settlement properly and reliably.

ja-jp	２　内閣総理大臣は、前項の規定により審査した結果、その申請が同項の基準に適合していると認めたときは、次の各号のいずれかに該当する場合を除いて、その免許を与えなければならない。
en-us	(2) If, as a result of having conducted an examination pursuant to the provisions of the preceding paragraph, the Prime Minister finds that an application conforms to the criteria in that paragraph, the Prime Minister must grant the license, except in a case that falls under one of the following items:

ja-jp	一　免許申請者が外国の法令に準拠し、当該外国において金融商品債務引受業と同種類の業務を開始してから政令で定める期間を経過するまでの者であるとき（政令で定める場合に該当するときを除く。）。
en-us	(i) the license applicant is a person that has not yet had the period specified by Cabinet Order pass since it commenced the same kind of business as Financial Instruments Debt Assumption Services in a foreign state based on foreign laws and regulations (unless this falls under a case specified by Cabinet Order);

ja-jp	二　免許申請者がこの法律又はこの法律に相当する外国の法令の規定に違反し、罰金の刑（これに相当する外国の法令による刑を含む。）に処せられ、その刑の執行を終わり、又はその刑の執行を受けることがなくなつた日から五年を経過するまでの者であるとき。
en-us	(ii) the license applicant is a person that has been sentenced to a fine (including an equivalent sentence under foreign laws and regulations) for violating the provisions of this Act or for violating the provisions of a foreign law or regulation that is equivalent to this Act, and five years have yet to pass since the day on which the person finished serving the sentence or ceased to be subject to its enforcement;

ja-jp	三　免許申請者が第百五十六条の二十の十四第一項若しくは第二項の規定により免許を取り消され、第五十二条第一項、第五十三条第三項、第五十七条の六第三項、第六十六条の二十第一項若しくは第六十六条の四十二第一項の規定により登録を取り消され、第六十条の八第一項の規定により許可を取り消され、若しくは第百六条の七第一項、第百六条の二十一第一項、第百六条の二十八第一項、第百五十五条の六、第百五十五条の十第一項若しくは第百五十六条の五の九第一項の規定により認可を取り消され、又はこの法律に相当する外国の法令の規定により当該外国において受けている同種類の免許若しくは登録（当該免許又は登録に類する許可その他の行政処分を含む。）を取り消され、その取消しの日から五年を経過するまでの者であるとき。
en-us	(iii) the license applicant is a person that has had its license rescinded pursuant to the provisions of Article 156-20-14, paragraph (1) or (2); has had its registration rescinded pursuant to the provisions of Article 52, paragraph (1), Article 53, paragraph (3), Article 57-6, paragraph (3), Article 66-20, paragraph (1), or Article 66-42, paragraph (1); has had its permission rescinded pursuant to the provisions of Article 60-8, paragraph (1); or has had its authorization rescinded pursuant to the provisions of Article 106-7, paragraph (1), Article 106-21, paragraph (1), Article 106-28, paragraph (1), Article 155-6, Article 155-10, paragraph (1), or Article 156-5-9, paragraph (1); or is a person that had obtained a license or registration of the same kind in a foreign state pursuant to the provisions of a foreign law or regulation that is equivalent to this Act (including permission or any other administrative disposition similar to such a license or registration), but that has had its license or registration rescinded; and five years have yet to pass since the date of the rescission;

ja-jp	四　免許申請者の役員又は国内における代表者のうちに第八十二条第二項第三号イからへまでのいずれかに該当する者があるとき。
en-us	(iv) the license applicant has a person falling under one of the categories in Article 82, paragraph (2), item (iii), sub-items (a) to (f) inclusive as an officer or domestic representative;

ja-jp	五　免許申請者の本店又は主たる事務所の所在する国のこの法律に相当する外国の法令を執行する当局の第百八十九条第二項第一号に規定する保証又はこれに準ずると認められるものがないとき。
en-us	(v) the authority responsible for the enforcement of the foreign law or regulation that is equivalent to this Act in the state where the head office or principal office of the license applicant is located has not given the assurance prescribed in Article 189, paragraph (2), item (i) or done anything else that is found to be equivalent to such assurance; or

ja-jp	六　免許申請書又はこれに添付すべき書類若しくは電磁的記録のうちに重要な事項について虚偽の記載又は記録があるとき。
en-us	(vi) the license application or a document or electronic or magnetic record that is required to accompany it contains a false statement or false record about a material particular.

ja-jp	（免許の拒否等）
en-us	(Refusal of License)

ja-jp	第百五十六条の二十の五　内閣総理大臣は、第百五十六条の二十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。
en-us	Article 156-20-5 (1) If a license application under the provisions of Article 156-20-3, 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.

ja-jp	２　内閣総理大臣が、第百五十六条の二十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。
en-us	(2) Upon deciding to grant or not to grant the license referred to in Article 156-20-2, the Prime Minister shall notify the license applicant of this in writing without delay.

ja-jp	（業務方法書）
en-us	(Business Rules)

ja-jp	第百五十六条の二十の六　外国金融商品取引清算機関は、業務方法書の定めるところにより、金融商品債務引受業を行わなければならない。
en-us	Article 156-20-6 (1) A Foreign Financial Instruments Clearing Organization must perform Financial Instruments Debt Assumption Services pursuant to the provisions of its business rules.

ja-jp	２　業務方法書には、次に掲げる事項を定めなければならない。
en-us	(2) The following matters must be specified in the business rules:

ja-jp	一　金融商品債務引受業の対象とする債務の起因となる取引
en-us	(i) the transactions giving rise to obligations that are subject to Financial Instruments Debt Assumption Services;

ja-jp	二　清算参加者の要件に関する事項
en-us	(ii) the particulars of the requirements for a Clearing Member;

ja-jp	三　金融商品債務引受業として行う引受け、更改その他の方法による債務の負担及びその履行に関する事項
en-us	(iii) the particulars of the taking over, novating, or other methods of assuming obligations that the clearing organization performs as Financial Instruments Debt Assumption Services, and the particulars of performance of such obligations;

ja-jp	四　清算参加者の債務の履行の確保に関する事項
en-us	(iv) the particulars involved in ensuring the performance of the obligations of a Clearing Member;

ja-jp	五　有価証券等清算取次ぎに関する事項
en-us	(v) the particulars of Brokerage for the Clearing of Securities, etc.; and

ja-jp	六　その他内閣府令で定める事項
en-us	(vi) other matters specified by Cabinet Office Ordinance.

ja-jp	（秘密保持義務）
en-us	(Duty of Confidentiality)

ja-jp	第百五十六条の二十の七　外国金融商品取引清算機関の役員（役員が法人であるときは、その職務を行うべき者）若しくは職員又はこれらの職にあつた者は、金融商品債務引受業に関して知り得た秘密を漏らし、又は盗用してはならない。
en-us	Article 156-20-7 (1) It is prohibited for the officer (or, if an officer is a corporation, the person that performs those duties) or employee of a Foreign Financial Instruments Clearing Organization, or for a person that has held one of these positions, to divulge or misappropriate any secret learned in connection with Financial Instruments Debt Assumption Services.

ja-jp	２　外国金融商品取引清算機関の役員（役員が法人であるときは、その職務を行うべき者）若しくは職員又はこれらの職にあつた者は、金融商品債務引受業の実施に関して知り得た情報を、金融商品債務引受業の用に供する目的以外に利用してはならない。
en-us	(2) It is prohibited for the officer (or, if an officer is a corporation, the person that performs those duties) or employee of a Foreign Financial Instruments Clearing Organization, or for a person that has held one of these positions, to utilize information learned in connection with the operation of Financial Instruments Debt Assumption Services, for a purpose other than the use in Financial Instruments Debt Assumption Services for which the information is provided.

ja-jp	（不当な差別的取扱いの禁止）
en-us	(Prohibition on Unfairly Differential Treatment)

ja-jp	第百五十六条の二十の八　外国金融商品取引清算機関は、特定の清算参加者に対し不当な差別的取扱いをしてはならない。
en-us	Article 156-20-8 A Foreign Financial Instruments Clearing Organization must not subject any particular Clearing Member to unfairly differential treatment.

ja-jp	（特別清算手続等が開始されたときの手続等）
en-us	(Procedures at the Commencement of Special Liquidation Proceedings)

ja-jp	第百五十六条の二十の九　外国金融商品取引清算機関が業務方法書で未決済債務等（清算参加者が行つた対象取引の相手方から金融商品債務引受業として引受け、更改その他の方法により負担した当該対象取引に基づく債務、当該清算参加者から当該対象取引に基づく債務を負担した対価として当該清算参加者に対して取得した債権（当該債務と同一の内容を有するものに限る。）及び担保をいう。以下この項において同じ。）について差引計算の方法、担保の充当の方法その他の決済の方法を定めている場合において、清算参加者に特別清算手続、破産手続、再生手続又は更生手続が開始されたときは、これらの手続の関係において、未決済債務等に関する外国金融商品取引清算機関又は当該清算参加者が有する請求権の額の算定その他の決済の方法は、当該業務方法書の定めに従うものとする。
en-us	Article 156-20-9 (1) If a Foreign Financial Instruments Clearing Organization makes provisions in its business rules for the method of netting off outstanding obligations (meaning obligations which have arisen from the subject transactions that a Clearing Member has effected, and which the clearing organization has taken over from the other parties to those subject transactions or has novated or in any other way borne as Financial Instruments Debt Assumption Services; claims (limited to claims with the same contents as such obligations) that the clearing organization has acquired against a Clearing Member as the consideration for the obligations which have arisen out of subject transactions and which the clearing organization has borne for the Clearing Member; and collateral; hereinafter the same applies in this paragraph), the method of allocating collateral to cover outstanding obligations, or other means of settling outstanding obligations, and special liquidation proceedings, bankruptcy proceedings, rehabilitation proceedings, or reorganization proceedings have been commenced for a Clearing Member, the calculation of the amount of the claim that the Foreign Financial Instruments Clearing Organization or the Clearing Member has in terms of the outstanding obligations and other means of settlement in relation to these proceedings, are to be in accordance with the provisions of the business rules.

ja-jp	２　破産手続、再生手続又は更生手続において、外国金融商品取引清算機関が有する前項に規定する請求権は破産債権、再生債権又は更生債権とし、清算参加者が有する同項に規定する請求権は破産財団、再生債務者財産又は更生会社財産若しくは更生協同組織金融機関財産に属する財産とする。
en-us	(2) In bankruptcy proceedings, rehabilitation proceedings, or reorganization proceedings, the claims provided for in the preceding paragraph which a Foreign Financial Instruments Clearing Organization has are bankruptcy claims, rehabilitation claims, or reorganization claims, and the claims provided for in that paragraph which a Clearing Member has are the property that is part of the bankruptcy estate, rehabilitation debtor's assets, the property of the corporation in need of reorganization, or the property of the cooperative financial institution in need of reorganization.

ja-jp	（定款又は業務方法書の変更の認可）
en-us	(Authorization to Change the Articles of Incorporation or Business Rules)

ja-jp	第百五十六条の二十の十　外国金融商品取引清算機関は、定款（金融商品債務引受業に係る部分に限る。）又は業務方法書を変更しようとするときは、内閣総理大臣の認可を受けなければならない。
en-us	Article 156-20-10 A Foreign Financial Instruments Clearing Organization must obtain the authorization of the Prime Minister if it seeks to change its articles of incorporation (limited to the part related to Financial Instruments Debt Assumption Services) or business rules.

ja-jp	（資本金の額等の変更の届出）
en-us	(Notification of a Change in the Amount of Stated Capital)

ja-jp	第百五十六条の二十の十一　外国金融商品取引清算機関は、第百五十六条の二十の三第一項第二号から第七号までに掲げる事項のいずれかに変更があつたときは、内閣府令で定めるところにより、同条第二項第一号に掲げる書類を添えて、その旨を内閣総理大臣に届け出なければならない。
en-us	Article 156-20-11 If a particular set forth in Article 156-20-3, paragraph (1), items (ii) to (vii) inclusive changes, the Foreign Financial Instruments Clearing Organization must notify the Prime Minister of this, pursuant to the provisions of Cabinet Office Ordinance, supplying the document set forth in paragraph (2), item (i) of that Article.

ja-jp	（報告の徴取及び検査）
en-us	(Collection of Reports and Inspections)