ja-jp	２　第六十七条の規定は、清算特定目的会社については、適用しない。
en-us	(2) The provisions of Article 67 do not apply to a specified purpose company in liquidation.

ja-jp	（清算人の就任等）
en-us	(Assumption of Position by Liquidator)

ja-jp	第百六十七条　次に掲げる者は、清算特定目的会社の清算人となる。
en-us	Article 167 (1) The following persons become the liquidators of a specified purpose company in liquidation:

ja-jp	一　取締役（次号又は第三号に掲げる者がある場合を除く。）
en-us	(i) the directors (but not if there are persons set forth in the following item or item (iii));

ja-jp	二　定款で定める者
en-us	(ii) the persons specified by the articles of incorporation; or

ja-jp	三　社員総会の決議によって選任された者
en-us	(iii) the persons appointed by resolution at a general meeting of members.

ja-jp	２　優先出資社員は、前項第三号に規定する決議について、議決権を有する。
en-us	(2) Preferred equity members are entitled to vote on a resolution prescribed in item (iii) of the preceding paragraph.

ja-jp	３　第一項の規定により清算人となる者がないときは、裁判所は、利害関係人の申立てにより、清算人を選任する。
en-us	(3) If there is no person to become a liquidator pursuant to the provisions of paragraph (1), the court appoints a liquidator at the petition of an interested party.

ja-jp	４　第一項及び前項の規定にかかわらず、第百六十条第一項第五号に掲げる事由によって解散した清算特定目的会社については、裁判所は、利害関係人若しくは法務大臣の申立てにより又は職権で、清算人を選任する。
en-us	(4) Notwithstanding the provisions of paragraph (1) or the preceding paragraph, the court appoints a liquidator for a specified purpose company in liquidation that has been dissolved on the grounds set forth in Article 160, paragraph (1), item (v) at the petition of an interested party or the Minister of Justice, or on its own authority.

ja-jp	５　第一項及び第三項の規定にかかわらず、第百六十四条第二号に掲げる場合に該当することとなった清算特定目的会社については、裁判所は、利害関係人の申立てにより、清算人を選任する。
en-us	(5) Notwithstanding the provisions of paragraph (1) and paragraph (3), the court appoints a liquidator for a specified purpose company in liquidation that has come to fall under a case set forth in Article 164, item (ii) at the petition of an interested party.

ja-jp	６　第一項及び第三項の規定にかかわらず、第百六十条第一項第六号に掲げる事由によって解散した清算特定目的会社については、裁判所は、利害関係人若しくは内閣総理大臣の申立てにより又は職権で、清算人を選任する。
en-us	(6) Notwithstanding the provisions of paragraph (1) and paragraph (3), the court appoints a liquidator for a specified purpose company in liquidation that has been dissolved on the grounds set forth in Article 160, paragraph (1), item (vi) at the petition of an interested party or the Prime Minister, or on its own authority.

ja-jp	７　第六十九条及び第七十条の規定は、清算特定目的会社の清算人について準用する。
en-us	(7) The provisions of Article 69 and Article 70 apply mutatis mutandis to the liquidator of a specified purpose company in liquidation.

ja-jp	（清算人の解任）
en-us	(Dismissal of Liquidators)

ja-jp	第百六十八条　清算人（前条第三項から第六項までの規定により裁判所が選任したものを除く。）は、いつでも、社員総会の決議によって解任することができる。
en-us	Article 168 (1) A liquidator (other than one appointed by the court pursuant to the provisions of paragraphs (3) through (6) of the preceding Article) may be dismissed at any time by resolution at a general meeting of members.

ja-jp	２　優先出資社員は、前項の規定による清算人の解任について、議決権を有する。
en-us	(2) Preferred equity members are entitled to vote on the dismissal of liquidators pursuant to the provisions of the preceding paragraph.

ja-jp	３　裁判所は、利害関係人若しくは内閣総理大臣の申立てにより又は職権で、前条第六項の規定により選任された清算人を解任することができる。
en-us	(3) The court may dismiss a liquidator appointed pursuant to paragraph (6) of the preceding Article, at the petition of an interested party or the Prime Minister, or on its own authority.

ja-jp	４　重要な事由があるときは、裁判所は、次に掲げる社員の申立てにより、清算人を解任することができる。
en-us	(4) If there are material grounds for doing so, the court may dismiss the liquidator at the petition of the following members:

ja-jp	一　総特定社員（次に掲げる特定社員を除く。）又は総優先出資社員（次に掲げる優先出資社員を除く。）の議決権の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の議決権を有する特定社員又は優先出資社員（次に掲げる特定社員又は優先出資社員を除く。）
en-us	(i) specified equity members or preferred equity members (other than a specified equity member or preferred equity member as follows) holding voting rights that account for three percent (or, if a smaller percentage is provided for in the articles of incorporation, that percentage) or more of the voting rights of all specified equity members (other than a specified equity member as follows) or of all preferred equity members (other than a preferred equity member as follows):

ja-jp	イ　清算人を解任する旨の議案について議決権を行使することができない特定社員又は優先出資社員
en-us	(a) a specified equity member or preferred equity member not entitled to vote on the proposal to dismiss a liquidator; or

ja-jp	ロ　当該申立てに係る清算人である特定社員又は優先出資社員
en-us	(b) the specified equity member or preferred equity member that is the liquidator that the petition is about.

ja-jp	二　特定出資（次に掲げる特定社員の有する特定出資を除く。）の総口数又は発行済優先出資（次に掲げる優先出資社員の有する優先出資を除く。）の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の口数の特定出資又は優先出資を有する特定社員又は優先出資社員
en-us	(ii) specified equity members or preferred equity members holding voting rights that account for three percent (or, if a smaller percentage is provided for in the articles of incorporation, that percentage) or more of the total number of units of specified equity (other than specified equity held by a specified equity member as follows) or issued preferred equity (other than preferred equity held by a preferred equity member as follows):

ja-jp	イ　当該清算特定目的会社である特定社員又は優先出資社員
en-us	(a) the specified equity member or preferred equity member that is the specified purpose company in liquidation in question; or

ja-jp	ロ　当該申立てに係る清算人である特定社員又は優先出資社員
en-us	(b) the specified equity member or preferred equity member that is the liquidator the petition is about.

ja-jp	５　第七十六条第一項から第三項まで及び第六項並びに会社法第九百三十七条第一項（第二号ホ及び第三号イに係る部分に限る。）（裁判による登記の嘱託）の規定は、清算人について準用する。この場合において、第七十六条第一項中「員数」とあるのは「人数」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	(5) The provisions of Article 76, paragraphs (1) through (3) and paragraph (6) of this Act, and Article 937 (1) (but only the part that involves item (ii), sub-item (e) and item (iii), sub-item (a)) (Commissioning of Registration by a Judicial Decision) of the Companies Act apply mutatis mutandis to a liquidator. In such a case, the term "the number of officers" in Article 76, paragraph (1) is deemed to be replaced with "the number of liquidators"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（清算人の職務）
en-us	(Duties of Liquidators)

ja-jp	第百六十九条　清算人は、次に掲げる職務を行う。
en-us	Article 169 A liquidator undertakes the following duties:

ja-jp	一　現務の結了
en-us	(i) the conclusion of current business;

ja-jp	二　債権の取立て及び債務の弁済
en-us	(ii) the collection of debts and performance of obligations; and

ja-jp	三　残余財産の分配
en-us	(iii) the distribution of residual assets.

ja-jp	（業務の執行）
en-us	(Execution of Business)

ja-jp	第百七十条　清算人は、清算特定目的会社の業務を執行する。
en-us	Article 170 (1) A liquidator carries out the execution of business of a specified purpose company in liquidation.

ja-jp	２　清算人が二人以上ある場合には、清算特定目的会社の業務は、定款に別段の定めがある場合を除き、清算人の過半数をもって決定する。
en-us	(2) If there are two or more liquidators, the business of a specified purpose company in liquidation is decided by a majority of the liquidators, unless otherwise provided for in the articles of incorporation.

ja-jp	３　第八十条及び第八十二条から第八十四条まで並びに会社法第三百五十四条（表見代表取締役）、第三百五十五条（忠実義務）、第三百五十七条第一項（取締役の報告義務）、第四百八十四条（清算株式会社についての破産手続の開始）及び第四百八十五条（裁判所の選任する清算人の報酬）の規定は、清算特定目的会社の清算人（第八十四条の規定については、第百六十七条第三項から第六項までの規定により裁判所が選任したものを除く。）について準用する。この場合において、同法第三百五十四条中「社長、副社長その他株式会社を代表する権限を有するものと認められる名称」とあるのは「清算特定目的会社を代表する権限を有するものと認められる名称」と、同法第三百五十五条中「株主総会」とあるのは「社員総会」と、同法第三百五十七条第一項中「株主（監査役設置会社にあっては、監査役）」とあるのは「監査役」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	(3) The provisions of Article 80 and Articles 82 through 84 of this Act, and Article 354 (Apparent Representative Director); Article 355 (Duty of Loyalty); Article 357, paragraph (1) (Director's Duty to Report); Article 484 (Commencement of Bankruptcy Procedures for Liquidating Stock Companies); and Article 485 (Remuneration for Liquidators Appointed by the Court) of the Companies Act apply mutatis mutandis to a liquidator (but the provisions of Article 84 do not apply to liquidators appointed by the court pursuant to the provisions of Article 167, paragraphs (3) through (6)) of a specified purpose company in liquidation. In such a case, the phrase "the title of president, vice president or other title regarded as having authority to represent the stock company" in Article 354 of the Companies Act is deemed to be replaced with "the title of the person found to have the authority to represent the specified purpose company in liquidation"; the term "shareholders meeting" in Article 355 of that Act is deemed to be replaced with "general meeting of members"; the term "the shareholders (or, for a company with auditors, the company auditors)" in Article 357, paragraph (1) of that Act is deemed to be replaced with "the company auditors"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（清算特定目的会社の代表）
en-us	(Representative of Specified Purpose Companies in Liquidation)

ja-jp	第百七十一条　清算人は、清算特定目的会社を代表する。ただし、他に代表清算人（清算特定目的会社を代表する清算人をいう。以下同じ。）その他清算特定目的会社を代表する者を定めた場合は、この限りでない。
en-us	Article 171 (1) The liquidator represents a specified purpose company in liquidation; provided, however, that this does not apply if a representative liquidator (meaning a liquidator representing the specified purpose company in liquidation; the same applies hereinafter) or other person to represent the specified purpose company in liquidation has been otherwise provided for.

ja-jp	２　前項本文の清算人が二人以上ある場合には、清算人は、各自、清算特定目的会社を代表する。
en-us	(2) If there are multiple persons serving as the liquidators referred to in the main text of the preceding paragraph, each liquidator represents the specified purpose company in liquidation individually.

ja-jp	３　清算特定目的会社は、定款、定款の定めに基づく清算人（第百六十七条第三項から第六項までの規定により裁判所が選任したものを除く。以下この項において同じ。）の互選又は社員総会の決議によって、清算人の中から代表清算人を定めることができる。
en-us	(3) A specified purpose company in liquidation may select a representative liquidator from among the liquidators based on the articles of incorporation, based on the person the liquidators select from amongst themselves (other than one appointed by the court pursuant to Article 167, paragraphs (3) through (6); hereinafter the same applies in this paragraph) pursuant to the provisions of the articles of incorporation, or by resolution at a general meeting of members.

ja-jp	４　第百六十七条第一項第一号の規定により取締役が清算人となる場合において、代表取締役を定めていたときは、当該代表取締役が代表清算人となる。
en-us	(4) If the directors become the liquidators pursuant to the provisions of Article 167, paragraph (1), item (i) and a representative director has been specified, the representative director becomes the representative liquidator.

ja-jp	５　裁判所は、第百六十七条第三項から第六項までの規定により清算人を選任する場合には、その清算人の中から代表清算人を定めることができる。
en-us	(5) If the court appoints liquidators pursuant to the provisions of Article 167, paragraphs (3) through (6), it may specify a representative liquidator from among those liquidators.

ja-jp	６　会社法第三百四十九条第四項及び第五項（株式会社の代表）、第三百五十一条（代表取締役に欠員を生じた場合の措置）並びに第九百三十七条第一項（第二号イ及びハに係る部分に限る。）（裁判による登記の嘱託）の規定は清算特定目的会社の代表清算人について、同法第三百五十二条（取締役の職務を代行する者の権限）の規定は清算特定目的会社の清算人又は代表清算人の職務を代行する者について、それぞれ準用する。この場合において、同法第三百五十一条第一項中「員数」とあるのは「人数」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	(6) The provisions of Article 349, paragraphs (4) and (5) (Representatives of Companies); Article 351 (Measures When Vacancy Arises in Office of Representative Director); and Article 937, paragraph (1) (but only the part that involves item (ii), sub-items (a) and (b)) (Commissioning of Registration by a Judicial Decision) of the Companies Act apply mutatis mutandis to the representative liquidator of a specified purpose company in liquidation, and the provisions of Article 352 (Authority of Persons Who Perform Duties on Behalf of Directors) of that Act applies mutatis mutandis to a person who is to preform duties on behalf of the liquidator or representative liquidator of a specified purpose company in liquidation. In such a case, the term "the number" in Article 351, paragraph (1) of that Act is deemed to be replaced with "the number of persons" and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（清算人の清算特定目的会社に対する損害賠償責任）
en-us	(Liquidator's Liability for Damage to Specified Purpose Companies in Liquidation)

ja-jp	第百七十二条　清算人は、その任務を怠ったときは、清算特定目的会社に対し、これによって生じた損害を賠償する責任を負う。
en-us	Article 172 (1) If a liquidator neglects their duties, the liquidator is liable to compensate the specified purpose company in liquidation for damage resulting from this.

ja-jp	２　清算人が第百七十条第三項において準用する第八十条第一項の規定に違反して同項第一号の取引をしたときは、当該取引によって清算人又は第三者が得た利益の額は、前項の損害の額と推定する。
en-us	(2) If a liquidator engages in the transactions prescribed in Article 80, paragraph (1), item (i) in violation of Article 80, paragraph (1) as applied mutatis mutandis pursuant to Article 170, paragraph (3), the amount of the profit that the liquidator or a third party gains as a result of the transactions is presumed to constitute the amount of the damage referred to in the preceding paragraph.

ja-jp	３　第百七十条第三項において準用する第八十条第一項第二号又は第三号の取引によって清算特定目的会社に損害が生じたときは、次に掲げる清算人は、その任務を怠ったものと推定する。
en-us	(3) If a specified purpose company in liquidation incurs damage as a result of the transactions prescribed in Article 80, paragraph (1), item (ii) or (iii) as applied mutatis mutandis pursuant to Article 170, paragraph (3), the following liquidators are presumed to have neglected their duties:

ja-jp	一　第百七十条第三項において準用する第八十条第一項の清算人
en-us	(i) liquidators referred to in Article 80, paragraph (1) as applied mutatis mutandis pursuant to Article 170, paragraph (3); and

ja-jp	二　清算特定目的会社が当該取引をすることを決定した清算人
en-us	(ii) liquidators who has decided that the specified purpose company in liquidation is to engage in the transactions.

ja-jp	４　第九十四条第四項及び第五項の規定は、清算人の第一項の責任について準用する。この場合において、同条第五項中「第八十条第一項第二号」とあるのは、「第百七十条第三項において準用する第八十条第一項第二号」と読み替えるものとする。
en-us	(4) The provisions of Article 94, paragraphs (4) and (5) apply mutatis mutandis to the liability of liquidators prescribed in paragraph (1). In such a case, the term "Article 80, paragraph (1), item (ii)" in Article 94, paragraph (5) is deemed to be replaced with "Article 80, paragraph (1), item (ii) as applied mutatis mutandis pursuant to Article 170, paragraph (3)".

ja-jp	（清算人の第三者に対する損害賠償責任）
en-us	(Liquidator's Liability for Damage to Third Parties)

ja-jp	第百七十三条　清算人がその職務を行うについて悪意又は重大な過失があったときは、当該清算人は、これによって第三者に生じた損害を賠償する責任を負う。
en-us	Article 173 (1) If a liquidator acts in bad faith or with gross negligence in the performance of their duties, the liquidator is liable to compensate a third party for damage resulting from this.

ja-jp	２　清算人が、次に掲げる行為をしたときも、前項と同様とする。ただし、当該清算人が当該行為をすることについて注意を怠らなかったことを証明したときは、この限りでない。
en-us	(2) The preceding paragraph also applies if a liquidator performs the following acts; provided, however, that this does not apply if the liquidator proves that they did not fail to exercise due care in performing the act:

ja-jp	一　第百七十六条第一項に規定する財産目録等並びに第百七十七条第一項の貸借対照表及び事務報告並びにこれらの附属明細書に記載し、又は記録すべき重要な事項についての虚偽の記載又は記録
en-us	(i) making a false entry or record of material particular that is required to be entered or recorded in the inventory of property and related materials prescribed in Article 176, paragraph (1) or in the balance sheet or administrative report or their annexed detailed statements as prescribed in Article 177, paragraph (1);

ja-jp	二　虚偽の登記
en-us	(ii) making a false registration; or

ja-jp	三　虚偽の公告
en-us	(iii) issuing false public notice.

ja-jp	（清算人及び監査役の連帯責任等）
en-us	(Joint and Several Liability of Liquidators and Company Auditors)

ja-jp	第百七十四条　清算人又は監査役が清算特定目的会社又は第三者に生じた損害を賠償する責任を負う場合において、他の清算人又は監査役も当該損害を賠償する責任を負うときは、これらの者は、連帯債務者とする。
en-us	Article 174 (1) If a liquidator or company auditor is liable for damage incurred by a specified purpose company in liquidation or a third party, and other liquidators or company auditors are also liable for that damage, those persons are joint and several obligors.

ja-jp	２　前項の場合には、第九十六条の規定は、適用しない。
en-us	(2) In the case referred to in the preceding paragraph, the provisions of Article 96 do not apply.

ja-jp	３　第九十七条の規定は、清算特定目的会社における清算人の責任を追及する訴えについて準用する。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 97 apply mutatis mutandis to an action to enforce the liability of a liquidator of a specified purpose company in liquidation. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	（取締役等に関する規定の適用関係）
en-us	(Application of Provisions on Directors)

ja-jp	第百七十五条　清算特定目的会社については、第三節（第三十四条（第四項及び第五項を除く。）及び第四十六条を除く。）、第四節第一款、第七十二条第一項、第七十七条第三項において準用する会社法第三百四十五条第四項において準用する同条第三項、第八十一条第二項において準用する同法第三百五十九条及び同節第六款の規定中取締役又は代表取締役に関する規定は、清算人又は代表清算人に関する規定として清算人又は代表清算人に適用があるものとする。
en-us	Article 175 With regard to a specified purpose company in liquidation, the provisions of Section 3 (excluding Article 34 (excluding paragraphs (4) and (5)) and Article 46); Section 4, Subsection 1; Article 72, paragraph (1); Article 345, paragraph (4) of the Companies Act as applied mutatis mutandis pursuant to paragraph (3) of that Article, as applied mutatis mutandis pursuant to Article 345, paragraph (3); Article 359 of that Act as applied mutatis mutandis pursuant to Article 81, paragraph (2); and Section 4, Subsection 6 involving directors and representative directors apply to liquidators and representative liquidators as provisions on liquidators and representative liquidators.

ja-jp	（財産目録等の作成等）
en-us	(Preparation of Inventory of Property and Related Materials)

ja-jp	第百七十六条　清算人は、その就任後遅滞なく、清算特定目的会社の財産の現況を調査し、内閣府令で定めるところにより、第百六十四条各号に掲げる場合に該当することとなった日における財産目録及び貸借対照表（以下この条において「財産目録等」という。）を作成し、これらを社員総会に提出し、又は提供し、その承認を受けなければならない。
en-us	Article 176 (1) Without delay after assuming the position, a liquidator must investigate the current status of the assets of the specified purpose company in liquidation and, pursuant to Cabinet Office Order provisions, prepare an inventory of property and a balance sheet (hereinafter referred to as an "inventory of property and related materials" in this Article) as of the date on which the specified purpose company in liquidation came to fall under the case set forth in either item of Article 164, and must submit or provide them at a general meeting of members and have them approved.

ja-jp	２　優先出資社員は、財産目録等の承認について、議決権を有する。
en-us	(2) Preferred equity members are entitled to vote on the approval of the inventory of property and related materials.

ja-jp	３　清算特定目的会社は、財産目録等を作成した時から本店の所在地における清算結了の登記の時までの間、当該財産目録等を保存しなければならない。
en-us	(3) A specified purpose company in liquidation must preserve its inventory of property and related materials from the time of their preparation until the time that the completion of liquidation has been registered in the locality of its head office.

ja-jp	４　裁判所は、申立てにより又は職権で、訴訟の当事者に対し、財産目録等の全部又は一部の提出を命ずることができる。
en-us	(4) The court, upon petition or on its own authority, may order a party to litigation to submit an inventory of property and related materials in whole or in part.

ja-jp	（貸借対照表等の作成、保存及び監査等）
en-us	(Preparing, Preserving, and Auditing Balance Sheets)

ja-jp	第百七十七条　清算特定目的会社は、内閣府令で定めるところにより、各清算事務年度（第百六十四条各号に掲げる場合に該当することとなった日の翌日又はその後毎年その日に応当する日（応当する日がない場合にあっては、その前日）から始まる各一年の期間をいう。）に係る貸借対照表及び事務報告並びにこれらの附属明細書を作成しなければならない。
en-us	Article 177 (1) A specified purpose company in liquidation, pursuant to Cabinet Office Order provisions, must prepare a balance sheet and an administrative report, as well as their annexed detailed statements, for each liquidation year (meaning the one-year period starting on the day after the date on which the specified purpose company in liquidation came to fall under a case as set forth in either item of Article 164 or on the corresponding date in subsequent years (or, if the corresponding date does not exist in a subsequent year, the day before this)).

ja-jp	２　前項の貸借対照表及び事務報告並びにこれらの附属明細書は、内閣府令で定めるところにより、監査役の監査を受けなければならない。
en-us	(2) The balance sheet and administrative report as well as their annexed detailed statements referred to in the preceding paragraph must be audited by company auditors pursuant to Cabinet Office Order provisions.

ja-jp	３　会社法第四百九十四条第二項及び第三項（貸借対照表等の作成及び保存）、第四百九十六条第一項及び第二項（貸借対照表等の備置き及び閲覧等）、第四百九十七条（第一項各号を除く。）（貸借対照表等の定時株主総会への提出等）並びに第四百九十八条（貸借対照表等の提出命令）の規定は、第一項の貸借対照表及び事務報告並びにこれらの附属明細書について準用する。この場合において、同法第四百九十六条第一項中「前条第一項の規定の適用がある場合にあっては、監査報告を含む。」とあるのは「資産流動化法第百七十七条第二項の監査を受けた監査報告を含む。」と、同項及び同法第四百九十七条中「定時株主総会」とあるのは「定時社員総会」と、同条第一項中「当該各号に定める貸借対照表及び事務報告」とあるのは「資産流動化法第百七十七条第二項の監査を受けた貸借対照表及び事務報告」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	(3) The provisions of Article 494, paragraphs (2) and (3) (Preparation and Retention of Balance Sheets); Article 496, paragraphs (1) and (2) (Keeping and Inspection of Balance Sheets); Article 497 (excluding the items of paragraph (1)) (Provision of Balance Sheets to Annual Shareholders Meeting); and Article 498 (Order to Submit Balance Sheet) of the Companies Act apply mutatis mutandis to the balance sheet and administrative report, and their annexed detailed statements referred to in paragraph (1). In such a case, the phrase "(including, in cases where the provisions of paragraph (1) of the preceding Article apply, audit reports" in Article 496, paragraph (1) of the Companies Act is deemed to be replaced with "(including audit reports audited as referred to in Article 177, paragraph (2) of the Asset Securitization Act"; the term "annual shareholders meeting" in Article 496, paragraph (1) and Article 497 of the Companies Act is deemed to be replaced with "annual general meeting of members"; the term "the balance sheet and administrative reports provided for in each such item" in Article 497, paragraph (1) of the Companies Act is deemed to be replaced with "the balance sheet and administrative reports audited as referred to in Article 177, paragraph (2) of the Asset Securitization Act"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	４　優先出資社員は、前項において準用する会社法第四百九十七条第二項の規定による貸借対照表の承認について、議決権を有する。
en-us	(4) Preferred equity members are entitled to vote on the approval of the balance sheet under Article 497, paragraph (2) of the Companies Act as applied mutatis mutandis pursuant to the preceding paragraph.

ja-jp	（残余財産の分配）
en-us	(Distribution of Residual Assets)

ja-jp	第百七十八条　清算特定目的会社は、残余財産の分配をしようとするときは、清算人の決定によって、次に掲げる事項を定めなければならない。
en-us	Article 178 (1) Before distributing residual assets, a specified purpose company in liquidation must specify the following particulars by decision of the liquidators:

ja-jp	一　残余財産の種類
en-us	(i) the types of residual assets; and

ja-jp	二　社員に対する残余財産の割当てに関する事項
en-us	(ii) the particulars on the allotment of residual assets to members.

ja-jp	２　前項に規定する場合において、優先出資を発行しているときは、清算特定目的会社は、当該優先出資の内容に応じ、同項第二号に掲げる事項として、次に掲げる事項を定めることができる。
en-us	(2) In the case provided for in the preceding paragraph, if preferred equity has been issued, a specified purpose company in liquidation may specify the following particulars as the particulars set forth in item (ii) of that paragraph, in accordance with the details of the preferred equity:

ja-jp	一　特定社員又は残余財産の分配について内容の異なる二以上の種類の優先出資を発行している場合において、ある種類の優先出資を有する優先出資社員に対して残余財産の割当てをしないこととするときは、その旨及び当該優先出資の種類
en-us	(i) if it has issued two or more classes of preferred equity that differ in features from what is issued to specified equity members or in the distribution of residual assets, and has decided not to allot residual assets to the preferred equity members that hold a certain class of referred equity, an indication of this and the class of such preferred equity; and

ja-jp	二　前号に掲げる事項のほか、残余財産の割当てについて特定出資と優先出資との間で、又は残余財産の分配について内容の異なる二以上の種類の優先出資を発行している場合において優先出資の種類ごとに、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 has decided to handle specified equity and preferred equity differently with regard to the allotment of residual assets or if it has issued two or more classes of preferred equity with different features and decided to handle each class of preferred equity differently with regard to allotment of residual assets other than as per the particulars set forth in the preceding item, an indication of this and the details of such different handling.

ja-jp	３　第一項第二号に掲げる事項についての定めは、社員（当該清算特定目的会社及び前項第一号の特定社員又は優先出資社員を除く。）の有する特定出資又は優先出資の口数（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っては、特定出資及び各優先出資の口数）に応じて残余財産を割り当てることを内容とするものでなければならない。
en-us	(3) The provisions regarding the particulars set forth in paragraph (1), item (ii) must indicate that the residual assets are to be allotted in accordance with the number of units of specified equity or preferred equity (or, if there are any provisions with regard to the particulars set forth in item (ii) of the preceding paragraph, the number of units of specified equity or each type of preferred equity) held by the members (other than the specified purpose company in liquidation itself and the specified equity members and preferred equity members referred to in item (i) of the preceding paragraph).

ja-jp	４　会社法第五百五条（残余財産が金銭以外の財産である場合）及び第五百六条（基準株式数を定めた場合の処理）の規定は、清算特定目的会社について準用する。この場合において、同法第五百五条第一項第二号及び第五百六条中「株式を」とあるのは「特定出資又は優先出資を」と、同条中「の株式（」とあるのは「の特定出資又は優先出資（」と、「基準株式数」とあるのは「基準特定出資口数又は基準優先出資口数」と、「基準未満株式」とあるのは「基準未満特定出資又は基準未満優先出資」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	(4) The provisions of Article 505 (Cases Where Residual Assets Consist of Property Other Than Monies) and Article 506 (Treatment in Cases Where a Base Number of Shares Is Provided) of the Companies Act apply mutatis mutandis to specified purpose companies in liquidation. In such a case, the term "shares" in Article 505, paragraph (1), item (ii) and Article 506 of that Act is deemed to be replaced with "of units of specified equity or preferred equity"; the terms "shares (", "minimum number of shares", and "below minimum shareholding" in Article 506 of that Act are deemed to be replaced with "units of specified equity or preferred equity (", "minimum number of units of specified equity or minimum number of units of preferred equity", and "below the minimum specified equity holding threshold or below the minimum preferred equity holding threshold", respectively; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（特定目的会社の清算等に関する会社法の準用等）
en-us	(Application, Mutatis Mutandis, of the Companies Act to Liquidation of Specified Purpose Companies)

ja-jp	第百七十九条　会社法第四百九十九条から第五百三条まで（債権者に対する公告等、債務の弁済の制限、条件付債権等に係る債務の弁済、債務の弁済前における残余財産の分配の制限、清算からの除斥）、第五百七条第一項、第三項及び第四項（清算事務の終了等）、第五百八条（帳簿資料の保存）、第八百六十八条第一項（非訟事件の管轄）、第八百六十九条（疎明）、第八百七十条第一項（第一号、第二号、第五号及び第六号に係る部分に限る。）（陳述の聴取）、第八百七十一条（理由の付記）、第八百七十二条（第四号に係る部分に限る。）（即時抗告）、第八百七十三条（原裁判の執行停止）、第八百七十四条（第一号及び第四号に係る部分に限る。）（不服申立ての制限）、第八百七十五条（非訟事件手続法の規定の適用除外）、第八百七十六条（最高裁判所規則）、第九百二十八条第一項及び第三項（清算人の登記）並びに第九百二十九条（第一号に係る部分に限る。）（清算結了の登記）の規定は、特定目的会社の清算について準用する。この場合において、同法第五百七条第三項中「決算報告（前項の規定の適用がある場合にあっては、同項の承認を受けたもの）を株主総会」とあるのは「決算報告（資産流動化法第百七十七条第二項に規定する監査を受けたもの）を社員総会」と、同法第五百八条第一項中「清算人（清算人会設置会社にあっては、第四百八十九条第七項各号に掲げる清算人）」とあるのは「清算人」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 179 (1) The provisions of Articles 499 through 503 (Public Notices to Creditors; Restrictions on Performance of Obligations; Performance of Obligations Relating to Conditional Claims; Restrictions on Distribution of Residual Assets Before Performance of Obligations; Exclusion from Liquidation); Article 507, paragraphs (1), (3), and (4) (Conclusion of Liquidation); Article 508 (Retention of Accounting Materials); Article 868, paragraph (1) (Jurisdiction over Non-Contentious Cases); Article 869 (Prima Facie Showing); Article 870, paragraph (1) (but only the part that involves items (i), (ii), (v), and (vi)) (Hearing of Statements); Article 871 (Appending of the Reason); Article 872 (but only the part that involves item (iv)) (Immediate Appeal); Article 873 (Stay of Execution of the Judicial Decision of the Prior Instance); Article 874 (but only the part that involves items (i) and (iv)) (Restrictions on Appeal); Article 875 (Exclusion from Application of the Provisions of the Non-Contentious Cases Act); Article 876 (Supreme Court Rule); Article 928, paragraphs (1) and (3) (Registration of a liquidator); and Article 929 (but only the part that involves item (i)) (Registration of Completion of Liquidation) of the Companies Act apply mutatis mutandis to the liquidation of a specified purpose company. In such a case, the phrase "the settlement of accounts (or, in cases where the provisions of the preceding paragraph apply, the settlement of accounts approved under that paragraph) to the shareholders meeting" in Article 507, paragraph (3) of the Companies Act is deemed to be replaced with "the settlement of accounts (those audited as prescribed in Article 177, paragraph (2) of the Asset Securitization Act) at the general meeting of members"; the phrase "A liquidator (or, for a company with board of liquidators, the liquidators set forth in each item of paragraph (7) of Article 489)" in Article 508, paragraph (1) of the Companies Act is deemed to be replaced with "A liquidator"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	２　優先出資社員は、前項において準用する会社法第五百七条第三項の規定による決算報告の承認について、議決権を有する。
en-us	(2) Preferred equity members are entitled to vote on approval of the settlement of accounts under Article 507, paragraph (3) of the Companies Act as applied mutatis mutandis pursuant to the preceding paragraph.

ja-jp	第二款　特別清算
en-us	Subsection 2 Special Liquidation

ja-jp	（特別清算開始の原因及び特別清算に関する会社法の準用等）
en-us	(Cause to Commence Special Liquidation and Application, Mutatis Mutandis, of the Companies Act to Special Liquidation)

ja-jp	第百八十条　裁判所は、清算特定目的会社に次に掲げる事由があると認めるときは、第四項において準用する会社法第五百十四条の規定に基づき、申立てにより、当該清算特定目的会社に対し特別清算の開始を命ずる。
en-us	Article 180 (1) If the court finds that the following grounds exist for a specified purpose company in liquidation, the court, upon petition and based on the provisions of Article 514 of the Companies Act as applied mutatis mutandis pursuant to paragraph (4), orders the specified purpose company in liquidation to commence special liquidation:

ja-jp	一　清算の遂行に著しい支障を来すべき事情があること。
en-us	(i) there are circumstances that would substantially interfere with the implementation of liquidation; or

ja-jp	二　債務超過（清算特定目的会社の財産がその債務を完済するのに足りない状態をいう。第三項において同じ。）の疑いがあること。
en-us	(ii) insolvency (meaning the state in which the assets of the specified purpose company in liquidation are insufficient to fully repay its debts; the same applies in paragraph (3)) is suspected.

ja-jp	２　債権者、清算人、監査役又は社員は、特別清算開始の申立てをすることができる。
en-us	(2) A creditor, liquidator, company auditor, or member may file a petition to commence special liquidation.

ja-jp	３　清算特定目的会社に債務超過の疑いがあるときは、清算人は、特別清算開始の申立てをしなければならない。
en-us	(3) If the specified purpose company in liquidation is suspected to be insolvent, the liquidator must file a petition to commence special liquidation.

ja-jp	４　会社法第五百十二条から第五百十八条の二まで（他の手続の中止命令等、特別清算開始の申立ての取下げの制限、特別清算開始の命令、他の手続の中止等、担保権の実行の手続等の中止命令、相殺の禁止、共助対象外国租税債権者の手続参加）、第二編第九章第二節第二款から第十款まで（第五百二十二条第三項、第五百三十条第二項及び第五百三十六条を除く。）（裁判所による監督及び調査、清算人、監督委員、調査委員、清算株式会社の行為の制限等、清算の監督上必要な処分等、債権者集会、協定、特別清算の終了）、第七編第二章第四節（特別清算に関する訴え）、同編第三章第一節（第八百六十八条第二項から第六項まで及び第八百七十条から第八百七十四条までを除く。）（総則）、同章第三節（第八百七十九条、第八百八十二条第二項及び第八百九十六条を除く。）（特別清算の手続に関する特則）及び第九百三十八条（第六項を除く。）（特別清算に関する裁判による登記の嘱託）の規定は、清算特定目的会社の特別清算について準用する。この場合において、同法第五百十六条中「担保権の実行の手続、企業担保権の実行の手続又は清算株式会社の財産」とあるのは「担保権の実行の手続又は清算特定目的会社の財産」と、同法第五百二十二条第一項中「総株主（株主総会において決議をすることができる事項の全部につき議決権を行使することができない株主を除く。）の議決権の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の議決権を六箇月（これを下回る期間を定款で定めた場合にあっては、その期間）前から引き続き有する株主若しくは発行済株式（自己株式を除く。）の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の数の株式を六箇月（これを下回る期間を定款で定めた場合にあっては、その期間）前から引き続き有する株主」とあるのは「総特定社員（社員総会において決議をすることができる事項の全部につき議決権を行使することができない特定社員を除く。）の議決権の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の議決権を有する特定社員若しくは総優先出資社員（社員総会において決議をすることができる事項の全部につき議決権を行使することができない優先出資社員を除く。）の議決権の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の議決権を六箇月（これを下回る期間を定款で定めた場合にあっては、その期間）前から引き続き有する優先出資社員又は特定出資（自己特定出資を除く。）の総口数の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の口数の特定出資を有する特定社員又は発行済優先出資（自己優先出資を除く。）の百分の三（これを下回る割合を定款で定めた場合にあっては、その割合）以上の口数の優先出資を六箇月（これを下回る期間を定款で定めた場合にあっては、その期間）前から引き続き有する優先出資社員」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	(4) The provisions of Articles 512 through 518-2 (Order to Suspend Other Procedures; Restrictions on Withdrawal of Petition for Commencement of Special Liquidation; Order to Commence Special Liquidation; Suspension of Other Procedures; Order to Suspend Procedures to Enforce Security Interest; Prohibition of Set-offs; Participation in Procedures by Parties with a claim in Respect of Foreign Taxes Subject to Mutual Assistance); Part II, Chapter IX, Section 2, Subsections 2 through 10 (excluding Article 522, paragraph (3); Article 530, paragraph (2); and Article 536) (Supervision and Investigation by the Court; Liquidators; Supervisor; Investigators; Restrictions on Acts of Liquidating Stock Companies; Dispositions Necessary); Part VII, Chapter II, Section 4 (Action Concerning Special Liquidation); Part VII, Chapter III, Section 1 (excluding Article 868, paragraphs (2) through (6) and Articles 870 through 874) (General Provisions); Part VII, Chapter III, Section 3 (excluding Article 879; Article 882, paragraph (2); and Article 896) (Special Provisions on the Procedures of Special Liquidation); and Article 938 (excluding paragraph (6)) (Commissioning of Registration by a Juridical Decision Concerning Special Liquidation) of the Companies Act apply mutatis mutandis to the special liquidation of a specified purpose company in liquidation. In such a case, the phrase "procedures to enforce the security interest that exists in the assets of the liquidating stock company, procedures to enforce charge on whole company assets or compulsory execution procedures based on the general liens and other claims that have general priority that have already been enforced against the assets of the liquidating stock company" in Article 516 of the Companies Act is deemed to be replaced with "procedures to exercise a security interest that exists over the assets of the specified purpose company in liquidation or compulsory execution based on a general statutory lien or a claim with general priority that has already been enforced against the property of the specified purpose company in liquidation"; the phrase "or shareholders who have held, for the consecutive period of past six months or more (or, in cases where a shorter period is provided for in the articles of incorporation, such period), not less than three hundredths (3/100) of the voting rights of all shareholders (excluding the shareholders that cannot exercise voting rights on all particulars on which resolutions can be passed at the shareholders meeting; or, in cases where any proportion less than that is provided for in the articles of incorporation, such proportion) or shareholders who have held, for the consecutive period of past six months or more (or, in cases where a shorter period is provided for in the articles of incorporation, such period), not less than three hundredths (3/100) of the issued shares (excluding treasury shares; or, in cases where a lower proportion is provided for in the articles of incorporation, such proportion)" in Article 522, paragraph (1) of the Companies Act is deemed to be replaced with "or specified equity members holding voting rights that account for three percent (or, if a smaller percentage is provided for in the articles of incorporation, that percentage) or more of the voting rights of all specified equity members (other than specified equity members not entitled to vote on all of the matters that may be resolved at a general meeting of members) or preferred equity members holding voting rights that account for three percent (or, if a smaller percentage is provided for in the articles of incorporation, that percentage) or more of the voting rights of all preferred equity members (other than preferred equity members not entitled to vote on all of the matters that may be resolved at a general meeting of members) continuously for the preceding six months (or, if a shorter period is provided for in the articles of incorporation, that period); or specified equity members holding a number of units of specified equity that accounts for three percent (or, if a smaller percentage is provided for in the articles of incorporation, that percentage) or more of the total number of units of specified equity (other than the company's own specified equity) or preferred equity members holding a number of units of preferred equity that accounts for three percent (or, if a smaller percentage is provided for in the articles of incorporation, that percentage) or more of the issued preferred equity (other than the company's own preferred equity) continuously for the preceding six months (or, if a shorter period is provided for in the articles of incorporation, that period)"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	第十三節　雑則
en-us	Section 13 Miscellaneous Provisions

ja-jp	（銀行法等の規定の適用）
en-us	(Application of Provisions of the Banking Act)

ja-jp	第百八十一条　特定目的会社並びにその特定出資及び優先出資は、銀行法その他の法令の規定で政令で定めるものの適用については、政令で定めるところにより、それぞれ当該政令で定める法令の規定に規定する会社及びその出資とみなす。
en-us	Article 181 (1) To apply the provisions of the Banking Act and other laws and regulations specified by Cabinet Order, a specified purpose company is deemed to be a company prescribed in the provisions of laws and regulations that Cabinet Order prescribes, and its specified equity and preferred equity are deemed to be equity in such a company, pursuant to the provisions of Cabinet Order.

ja-jp	２　次の各号に掲げる金融機関は、当該各号に定める業務を行う場合には、第十九条第二項、第四十一条第四項、第百二十二条第一項第十六号、第百四十一条第一項第三号、第百四十五条第三項、第百八十四条第一項第四号、第百八十五条第三号、第百八十六条第三号、第百九十三条第二号、第二十四条第三項において準用する会社法第六十四条、第三十六条第五項において準用する同法第二百八条第一項並びに第三十六条第七項、第四十一条第六項及び第百二十二条第十項において準用する同法第六十四条の規定の適用については、銀行とみなす。
en-us	(2) To apply the provisions of Article 19, paragraph (2); Article 41, paragraph (4); Article 122, paragraph (1), item (xvi); Article 141, paragraph (1), item (iii); Article 145, paragraph (3); Article 184, paragraph (1), item (iv); Article 185, item (iii); Article 186, item (iii); and Article 193, item (ii) of this Act; Article 64 of the Companies Act as applied mutatis mutandis pursuant to Article 24, paragraph (3) of this Act; Article 208, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to Article 36, paragraph (5) of this Act; and Article 64 of the Companies Act as applied mutatis mutandis pursuant to Article 36, paragraph (7); Article 41, paragraph (6); and Article 122, paragraph (10) of this Act, if a financial institution set forth in one of the following items engages in the business that the item prescribes, that financial institution is deemed to be a bank:

ja-jp	一　信用金庫又は信用金庫連合会　信用金庫法（昭和二十六年法律第二百三十八号）第五十三条第三項第八号又は第五十四条第四項第八号に掲げる業務
en-us	(i) a Shinkin Bank or federation of Shinkin Banks: business set forth in Article 53, paragraph (3), item (viii) or Article 54, paragraph (4), item (viii) of the Shinkin Bank Act (Act No. 238 of 1951);

ja-jp	二　労働金庫又は労働金庫連合会　労働金庫法（昭和二十八年法律第二百二十七号）第五十八条第二項第十四号又は第五十八条の二第一項第十二号に掲げる業務
en-us	(ii) a labor bank or federation of labor banks: business set forth in Article 58, paragraph (2), item (xiv) or Article 58-2, paragraph (1), item (xii) of the Labor Bank Act (Act No. 227 of 1953);

ja-jp	三　信用協同組合又は中小企業等協同組合法（昭和二十四年法律第百八十一号）第九条の九第一項第一号の事業を行う協同組合連合会　同法第九条の八第二項第十三号又は第九条の九第六項第一号（同法第九条の八第二項第十三号に係る部分に限る。）に掲げる業務
en-us	(iii) a credit cooperative or federation of credit cooperatives that engages in the business referred to in Article 9-9, paragraph (1), item (i) of the Small and Medium-Sized Enterprise Cooperatives Act (Act No. 181 of 1949): business set forth in Article 9-8, paragraph (2), item (xiii) or Article 9-9, paragraph (6), item (i) (but only the part that involves Article 9-8, paragraph (2), item (xiii) of that Act) of that Act;

ja-jp	四　農業協同組合法（昭和二十二年法律第百三十二号）第十条第一項第三号の事業を行う農業協同組合又は農業協同組合連合会　同条第六項第九号に掲げる業務
en-us	(iv) an agricultural cooperative or federation of agricultural cooperatives that engages in the business referred to in Article 10, paragraph (1), item (iii) of the Agricultural Co-operatives Act (Act No. 132 of 1947): business set forth in Article 10, paragraph (6), item (ix) of that Act;

ja-jp	五　水産業協同組合法（昭和二十三年法律第二百四十二号）第十一条第一項第四号、第八十七条第一項第四号、第九十三条第一項第二号又は第九十七条第一項第二号の事業を行う漁業協同組合、漁業協同組合連合会、水産加工業協同組合又は水産加工業協同組合連合会　同法第十一条第三項第八号、第八十七条第四項第八号、第九十三条第二項第八号又は第九十七条第三項第八号に掲げる業務
en-us	(v) a fisheries cooperative, federation of fisheries cooperatives, fishery processing cooperative, or federation of fishery processing cooperatives that engages in the business referred to in Article 11, paragraph (1), item (iv), Article 87, paragraph (1), item (iv), Article 93, paragraph (1), item (ii), or Article 97, paragraph (1), item (ii) of the Fishery Cooperative Act (Act No. 242 of 1948): business set forth in Article 11, paragraph (3), item (viii); Article 87, paragraph (4), item (viii); Article 93, paragraph (2), item (viii); or Article 97, paragraph (3), item (viii);

ja-jp	六　農林中央金庫　農林中央金庫法（平成十三年法律第九十三号）第五十四条第四項第十一号に掲げる業務
en-us	(vi) a Norinchukin Bank: business set forth in Article 54, paragraph (4), item (xi) of the Norinchukin Bank Act (Act No. 93 of 2001); or

ja-jp	七　株式会社商工組合中央金庫　株式会社商工組合中央金庫法（平成十九年法律第七十四号）第二十一条第四項第十二号に掲げる業務
en-us	(vii) Shoko Chukin Bank, Ltd.: business set forth in Article 21, paragraph (4), item (xii) of the Shoko Chukin Bank, Ltd. Act (Act No. 74 of 2007).

ja-jp	第百八十二条　登記所に、特定目的会社登記簿を備える。
en-us	Article 182 A specified purpose company register is kept at a registry office.

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

ja-jp	第百八十三条　商業登記法（昭和三十八年法律第百二十五号）第一条の三から第五条まで（登記所、事務の委任、事務の停止、登記官、登記官の除斥）、第七条から第十五条まで（会社法人等番号、登記簿等の持出禁止、登記簿の滅失と回復、登記簿等の滅失防止、登記事項証明書の交付等、登記事項の概要を記載した書面の交付、附属書類の閲覧、印鑑証明、電磁的記録の作成者を示す措置の確認に必要な事項等の証明、手数料、当事者申請主義、嘱託による登記）、第十七条から第十九条の三まで（登記申請の方式、申請書の添付書面、申請書に添付すべき電磁的記録、添付書面の特例）、第二十一条から第二十七条まで（受付、受領証、登記の順序、登記官による本人確認、申請の却下、提訴期間経過後の登記、行政区画等の変更、同一の所在場所における同一の商号の登記の禁止）、第三十三条（商号の登記の抹消）、第三十四条（会社の商号の登記）、第四十四条、第四十五条（会社の支配人の登記）、第四十六条（第四項及び第五項を除く。）（添付書面の通則）、第四十七条第一項（設立の登記）、第五十一条から第五十五条まで（本店移転の登記、取締役等の変更の登記、一時会計監査人の職務を行うべき者の変更の登記）、第六十四条（株主名簿管理人の設置による変更の登記）、第七十一条（解散の登記）、第七十三条から第七十五条まで（清算人の登記、清算人に関する変更の登記、清算結了の登記）、第百三十二条から第百三十七条まで（更正、抹消の申請、職権抹消）及び第百三十九条から第百四十八条まで（行政手続法の適用除外、行政機関の保有する情報の公開に関する法律の適用除外、個人情報の保護に関する法律の適用除外、審査請求、審査請求事件の処理、行政不服審査法の適用除外、省令への委任）の規定は、特定目的会社に関する登記について準用する。この場合において、同法第十五条中「第五十一条第一項及び第二項、第五十二条、第七十八条第一項及び第三項、第八十二条第二項及び第三項、第八十三条、第八十七条第一項及び第二項、第八十八条、第九十一条第一項及び第二項、第九十二条、第百三十二条並びに」とあるのは「第百三十二条及び」と、同法第三十四条第一項中「会社の登記簿」とあるのは「特定目的会社登記簿」と、同法第四十六条第一項中「株主全員若しくは種類株主全員」とあるのは「社員全員」と、同条第二項中「株主総会若しくは種類株主総会、取締役会又は清算人会」とあるのは「社員総会」と、同条第三項中「会社法第三百十九条第一項（同法第三百二十五条において準用する場合を含む。）又は第三百七十条（同法第四百九十条第五項において準用する場合を含む。）」とあるのは「資産の流動化に関する法律（平成十年法律第百五号。以下「資産流動化法」という。）第六十三条第一項」と、「株主総会若しくは種類株主総会、取締役会又は清算人会」とあるのは「社員総会」と、同法第五十四条第二項第三号中「会社法第三百三十三条第一項」とあるのは「資産流動化法第七十一条第一項」と、「同法第三百三十七条第一項」とあるのは「資産流動化法第七十三条第一項」と、同法第五十五条第一項中「会社法第三百四十六条第四項」とあるのは「資産流動化法第七十六条第四項」と、同法第六十四条中「株主名簿管理人」とあるのは「特定社員名簿管理人又は優先出資社員名簿管理人」と、同法第七十一条第三項中「会社法第四百七十八条第一項第一号」とあるのは「資産流動化法第百六十七条第一項第一号」と、「同法第四百八十三条第四項」とあるのは「資産流動化法第百七十一条第四項」と、同法第七十三条第二項中「会社法第四百七十八条第一項第二号又は第三号」とあるのは「資産流動化法第百六十七条第一項第二号又は第三号」と、同条第三項及び同法第七十四条第一項中「会社法第九百二十八条第一項第二号」とあるのは「資産流動化法第百七十九条第一項において準用する会社法第九百二十八条第一項第二号」と、同法第七十五条中「会社法第五百七条第三項」とあるのは「資産流動化法第百七十九条第一項において準用する会社法第五百七条第三項」と、同法第百四十六条の二中「商業登記法（」とあるのは「資産の流動化に関する法律（平成十年法律第百五号）第百八十三条第一項において準用する商業登記法（」と、「商業登記法第百四十五条」とあるのは「資産の流動化に関する法律第百八十三条第一項において準用する商業登記法第百四十五条」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 183 (1) The provisions of Articles 1-3 through 5 (Registry Office; Delegation of Affairs; Suspension of Affairs; Registrar; Disqualification of Registrar); Articles 7 through 15 (Corporate Registration Number; Prohibition on Carrying Out of Registries and Other Documents; Loss and Restoration of Registries; Prevention of Loss of Registe; Issuance of Certificate of Registered Information; Issuance of Documents Specifying Extract of Information Registered; Inspection of Annexed Documents; Certificate of Personal Seal Impression; Certification of Information Required for Verification of Measures to Identify the Creator of Electronic or Magnetic Records and Other Particulars; Fees; Registration Upon Application by Party; Registration upon Commission); Articles 17 through 19-3 (Method of Application for Registration; Document to Be Attached to Written Application; Electronic or Magnetic Records to Be Attached to Written Application; Special Provisions on Documents to be Attached),Articles 21 through 27 (Acceptance of Applications; Receipt; Order of Registration; Identity Confirmation by Registrar; Dismissal of Application; Registration to Be Made After Lapse of Period for Filing Action; Change in Administrative Zone; Prohibition on Registration of Identical Trade Name at Same Location); Article 33 (Cancellation of Registration of Trade Name); Article 34 (Registration of Trade Name of Company); Articles 44 and 45 (Registration of Company's Manager); Article 46 (excluding paragraphs (4) and (5)) (General Rules on Documents to be Attached); Article 47, paragraph (1) (Registration of Incorporation); Articles 51 through 55 (Registration of Relocation of Head Office; Registration of Change of Directors and Other Officers; Registration of Change of Person Who is to Temporarily Perform Duties of Accounting Auditors); Article 64 (Registration of Change Due to Share Option Issue); Article 71 (Registration of Dissolution); Articles 73 through 75 (Registration of Liquidator; Registration of Change Related to Liquidator; Registration of Completion of Liquidation); Articles 132 through 137 (Correction; Application for Cancellation; Ex Officio Cancellation), Articles 139 through 148 (Exclusion from Application of the Administrative Procedure Act; Exclusion from the Application of the Act on the Protection of Personal Information Held by Administrative Organs; Exclusion from Application of the Act on the Protection of Personal Information; Request for Review; Handling of Request for Review Case; Exclusion from Application of the Administrative Appeal Act; Delegation to Ministerial Order) of the Commercial Registration Act (Act No. 125 of 1963) apply mutatis mutandis to the registration of a specified purpose company. In such a case, the terms "Article 51, paragraphs (1) and (2), Article 52, Article 78, paragraphs (1) and (3), Article 82, paragraphs (2) and (3), Article 83, Article 87, paragraphs (1) and (2), Article 88, Article 91, paragraphs (1) and (2), Article 92, Article 132" in Article 15 of that Act are deemed to be replaced with "Article 132"; the term "company register" in Article 34, paragraph (1) of that Act is replaced with "specified purpose company register"; the term "all shareholders or class shareholders" in Article 46, paragraph (1) of that Act is deemed to be replaced with "all members"; the phrase "shareholders meeting, class shareholders meeting, board of directors meeting, or board of liquidators meeting" in paragraph (2) of that Article is deemed to be replaced with "general meeting of members"; the phrase "Article 319, paragraph (1) of the Companies Act (including as applied mutatis mutandis pursuant to Article 325 of that Act) or Article 370 of that Act (including as applied mutatis mutandis pursuant to Article 490, paragraph (5) of that Act)" in paragraph (3) of that Article is deemed to be replaced with "Article 63, paragraph (1) of the Act on the Securitization of Assets (Act No. 105 of 1998; hereinafter referred to as the "Asset Securitization Act""; the phrase "shareholders meeting, class shareholders meeting, board of directors meeting, or board of liquidators meeting" in that paragraph is deemed to be replaced with "a general meeting of members"; the terms "Article 333, paragraph (1) of the Companies Act" and "Article 337, paragraph (1) of that Act" in Article 54, paragraph (2), item (iii) of the Commercial Registration Act are deemed to be replaced with "Article 71, paragraph (1) of the Asset Securitization Act" and "Article 73, paragraph (1) of the Asset Securitization Act", respectively; the term "Article 346, paragraph (4) of the Companies Act" in Article 55, paragraph (1) of the Commercial Registration Act is deemed to be replaced with "Article 76, paragraph (4) of the Asset Securitization Act"; the term "an administrator of shareholder register" in Article 64 of that Act is deemed to be replaced with "an administrator of the register of specified equity members or the register of preferred equity members"; the terms "Article 478, paragraph (1), item (i) of the Companies Act" and "Article 483, paragraph (4) of that Act" in Article 71, paragraph (3) of the Commercial Registration Act are deemed to be replaced with "Article 167, paragraph (1), item (i) of the Asset Securitization Act" and "Article 171, paragraph (4) of the Asset Securitization Act", respectively; the term "Article 478, paragraph (1), item (ii) or (iii) of the Companies Act" in Article 73, paragraph (2) of the Commercial Registration Act is deemed to be replaced with "Article 167, paragraph (1), item (ii) or (iii) of the Asset Securitization Act"; the term "Article 928, paragraph (1), item (ii) of the Companies Act" in Article 73, paragraph (3) and Article 74, paragraph (1) of the Commercial Registration Act is deemed to be replaced with "Article 928, paragraph (1), item (ii) of the Companies Act as applied mutatis mutandis pursuant to Article 179, paragraph (1) of the Asset Securitization Act"; the term "Article 507, paragraph (3) of the Companies Act" in Article 75 of the Commercial Registration Act is deemed to be replaced with "Article 507, paragraph (3) of the Companies Act as applied mutatis mutandis pursuant to Article 179, paragraph (1) of the Asset Securitization Act"; the term "Commercial Registration Act (Act No. 125 of 1963)" in Article 146-2 of that Act is deemed to be replaced with "Commercial Registration Act (Act No. 125 of 1963) as applied mutatis mutandis pursuant to Article 183, paragraph (1) of the Act on the Securitization of Assets (Act No. 105 of 1998)"; the term "Article 145 of the Commercial Registration Act" in that Article is deemed to be replaced with "Article 145 of the Commercial Registration Act as as applied mutatis mutandis pursuant to Article 183, paragraph (1) of the Act on the Securitization of Assets"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	２　会社法第七編第四章第一節（第九百七条を除く。）（総則）の規定は、特定目的会社の登記について準用する。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 Part VII, Chapter IV, Section 1 (excluding Article 907) (General Provisions) of the Companies Act apply mutatis mutandis to the registration of a specified purpose company. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	（設立の登記の添付書面）
en-us	(Attached Documents for Registration of Incorporation)

ja-jp	第百八十四条　設立の登記の申請書には、法令に別段の定めがある場合を除き、次の書面を添付しなければならない。
en-us	Article 184 (1) The following documents must be attached to a written application to register incorporation, unless otherwise provided for in laws and regulations:

ja-jp	一　定款
en-us	(i) the articles of incorporation;

ja-jp	二　定款に第十六条第三項各号に掲げる事項についての記載又は記録があるときは、次に掲げる書面
en-us	(ii) if the particulars set forth in the items of Article 16, paragraph (3) have been entered or recorded in the articles of incorporation, the following documents:

ja-jp	イ　検査役又は設立時取締役及び設立時監査役の調査報告を記載した書面及びその附属書類
en-us	(a) a document stating the investigation report prepared by an inspector or director at incorporation or company auditor at incorporation and its annexed documents; and

ja-jp	ロ　第十八条第二項において準用する会社法第三十三条第十項第三号に掲げる場合には、同号に規定する証明を記載した書面及びその附属書類
en-us	(b) in the case referred to in Article 33, paragraph (10), item (iii) of the Companies Act as applied mutatis mutandis pursuant to Article 18, paragraph (2), documents stating the verification prescribed in Article 33, paragraph (10), item (iii) of that Act and their annexed documents.

ja-jp	三　検査役の報告に関する裁判があったときは、その謄本又は裁判の内容を記載した書面であって裁判所書記官が当該書面の内容が当該裁判の内容と同一であることを証明したもの
en-us	(iii) if a judicial decision has been rendered on the inspector's report, a certified copy of that decision; or a document stating the particulars of the judgment which is certified by a court clerk as having contents that are identical to the particulars of the judgment;

ja-jp	四　第十九条第一項の規定による払込みの取扱いをした銀行等に払い込まれた金額に相当する金銭の保管に関する証明書
en-us	(iv) a certificate of deposit for monies equivalent to the monies paid in to the bank or equivalent entity handling the payment prescribed in Article 19, paragraph (1);

ja-jp	五　特定社員名簿管理人を置いたときは、その者との契約を証する書面
en-us	(v) if there is an administrator for the register of specified equity members, a document certifying the contract with that person;

ja-jp	六　この法律の規定により選任され又は選定された設立時取締役、設立時監査役及び設立時代表取締役（特定目的会社の設立に際して代表取締役となる者をいう。）が就任を承諾したことを証する書面
en-us	(vi) documents certifying that the directors at incorporation, company auditors at incorporation, and representative directors at incorporation (meaning the persons who become the representative directors upon the incorporation of a specified purpose company) that have been appointed or selected pursuant to the provisions of this Act have accepted the appointments;

ja-jp	七　設立時会計参与又は設立時会計監査人を選任したときは、次に掲げる書面
en-us	(vii) if accounting advisors at incorporation or accounting auditors at incorporation are appointed, the following documents:

ja-jp	イ　就任を承認したことを証する書面
en-us	(a) documents certifying that the accounting advisors at incorporation or accounting auditors at incorporation have accepted the appointments;

ja-jp	ロ　これらの者が法人であるときは、当該法人の登記事項証明書。ただし、当該登記所の管轄区域内に当該法人の主たる事務所がある場合を除く。
en-us	(b) if an accounting advisor at incorporation or accounting auditor at incorporation is a corporation, a certificate of registered information for that corporation; provided, however, that this does not apply if the principal office of the corporation is located within the jurisdictional district of the registry office; and

ja-jp	ハ　これらの者が法人でないときは、設立時会計参与にあっては第七十一条第一項に規定する者であることを、設立時会計監査人にあっては第七十三条第一項に規定する者であることを証する書面
en-us	(c) if the accounting advisor at incorporation or accounting auditor at incorporation is not a corporation, a document certifying that the accounting advisor at incorporation is a person prescribed in Article 71, paragraph (1) or a document certifying that the accounting auditor at incorporation is a person prescribed in Article 73, paragraph (1).

ja-jp	２　登記すべき事項につき発起人全員の同意又はある発起人の一致を要するときは、前項の登記の申請書にその同意又は一致があったことを証する書面を添付しなければならない。
en-us	(2) If the consent of all incorporators or agreement of some of the incorporators is required in connection with information that must be registered, a document certifying the consent or agreement must be attached to the written application for registration referred to in the preceding paragraph.

ja-jp	（募集特定出資の発行による変更の登記）
en-us	(Registration of Changes Due to Issuance of Specified Equity for Subscription)

ja-jp	第百八十五条　募集特定出資の発行による変更の登記の申請書には、次の書面を添付しなければならない。
en-us	Article 185 The following documents must be attached to a written application to register a change due to the issuance of specified equity for subscription:

ja-jp	一　募集特定出資の引受けの申込み又は第三十六条第五項において準用する会社法第二百五条第一項の契約を証する書面
en-us	(i) the documents certifying the offers to subscribe for specified equity for subscription or the contracts referred to in Article 205, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to Article 36, paragraph (5);

ja-jp	二　前条第一項第三号に掲げる書面
en-us	(ii) the documents set forth in Article 84, paragraph (1), item (iii);

ja-jp	三　金銭を出資の目的とするときは、第三十六条第五項において準用する会社法第二百八条第一項の規定による払込みの取扱いをした銀行等に払い込まれた金額に相当する金銭の保管に関する証明書
en-us	(iii) if monies are the subject of contribution, a certificate of the deposit of monies equivalent to monies paid in to the bank or equivalent entity handling the payment referred to in Article 208, paragraph (1) of the Companies Act as applied mutatis mutandis pursuant to Article 36, paragraph (5);

ja-jp	四　金銭以外の財産を出資の目的とするときは、次に掲げる書面
en-us	(iv) if assets other than money are the subject of contribution, the following documents:

ja-jp	イ　検査役が選任されたときは、検査役の調査報告を記載した書面及びその附属書類
en-us	(a) if an inspector has been appointed, a document stating the investigation report prepared by the inspector and its annexed documents; or

ja-jp	ロ　第三十六条第五項において準用する会社法第二百七条第九項第四号に掲げる場合には、同号に規定する証明を記載した書面及びその附属書類
en-us	(b) in the case referred to in Article 207, paragraph (9), item (iv) of the Companies Act as applied mutatis mutandis pursuant to Article 36, paragraph (5), a document stating the verification prescribed in Article 207, paragraph (9), item (iv) of that Act and its annexed documents.

ja-jp	（募集優先出資の発行の登記）
en-us	(Registration of the Issuance of Preferred Equity for Subscription)

ja-jp	第百八十六条　募集優先出資の発行の登記の申請書には、次の書面を添付しなければならない。
en-us	Article 186 The following documents must be attached to a written application to register the issuance of preferred equity for subscription:

ja-jp	一　募集優先出資の引受けの申込み又は第四十一条第二項の契約を証する書面
en-us	(i) the documents certifying the offers to subscribe for preferred equity for subscription or the contracts referred to in Article 41, paragraph (2);

ja-jp	二　優先出資社員名簿管理人を置いたときは、定款及びその者との契約を証する書面
en-us	(ii) if there is an administrator for the register of preferred equity members, the articles of incorporation and documents certifying the contract with that person; and

ja-jp	三　第四十一条第四項に規定する払込みの取扱いをした銀行等に払い込まれた金額に相当する金銭の保管に関する証明書
en-us	(iii) the certificate of deposit for monies equivalent to the monies paid in to the bank or equivalent entity handling the payment prescribed in Article 41, paragraph (4).

ja-jp	（優先出資の消却又は併合による変更の登記）
en-us	(Registration of Changes Due to Cancellation or Consolidation of Preferred Equity)

ja-jp	第百八十七条　優先出資の消却又は併合による変更の登記の申請書には、第四十七条第三項の規定又は第五十条第二項において準用する会社法第二百十九条第一項（第二号に係る部分に限る。）の規定による公告をしたことを証する書面又は当該優先出資の全部について優先出資証券を発行していないことを証する書面を添付しなければならない。
en-us	Article 187 (1) A document certifying that public notice pursuant to the provisions of Article 47, paragraph (3) of this Act or Article 219, paragraph (1) (but only the part that involves item (ii)) of the Companies Act as applied mutatis mutandis pursuant to Article 50, paragraph (2) has been issued or a document certifying that preferred equity securities have not been issued for all of the preferred equity must be attached to a written application to register a change due to cancellation or consolidation of preferred equity.

ja-jp	２　優先出資社員に配当すべき利益をもってする優先出資の消却による変更の登記の申請書には、前項の書面のほか、利益の存在を証する書面を添付しなければならない。
en-us	(2) A document other than that referred to in the preceding paragraph which certifies the existence of profits must be attached to a written application to register a change due to the cancelation of preferred equity with profits that are to be distributed to preferred equity members.

ja-jp	（特定資本金の額の減少による変更の登記）
en-us	(Registration of Changes Due to Reduction in Amounts of Specified Capital)

ja-jp	第百八十八条　特定資本金の額の減少による変更の登記の申請書には、第百十一条第二項の規定による公告及び催告をしたこと並びに異議を述べた債権者があるときは、当該債権者に対し弁済し、若しくは相当の担保を提供し、若しくは当該債権者に弁済を受けさせることを目的として相当の財産を信託したこと又は当該特定資本金の額の減少をしても当該債権者を害するおそれがないことを証する書面を添付しなければならない。
en-us	Article 188 If public notice or notice under Article 111, paragraph (2) has been issued or a creditor has stated an objection, a document certifying that the specified purpose company has paid its debt or provided reasonable collateral to the creditor; that it has entrusted reasonable property so as to enable the creditor to receive payment for the debt; or that the reduction in the amount of specified capital is not likely to harm the creditor must be attached to the written application to register a change due to a reduction in the amount of specified capital.

ja-jp	（優先資本金の額の減少による変更の登記）
en-us	(Registration of Changes Due to Reduction in Amounts of Preferred Capital)

ja-jp	第百八十九条　次の各号に掲げる規定に基づく優先資本金の額の減少による変更の登記の申請書には、当該各号に定める書面を添付しなければならない。
en-us	Article 189 The document prescribed in each of the following items must be attached to a written application to register a change due to a reduction in the amount of preferred capital pursuant to the provisions set forth in each item:

ja-jp	一　第百九条の規定　第百十一条第二項の規定による公告及び催告をしたこと並びに異議を述べた債権者があるときは、当該債権者に対し弁済し、若しくは相当の担保を提供し、若しくは当該債権者に弁済を受けさせることを目的として相当の財産を信託したこと又は当該優先資本金の額の減少をしても当該債権者を害するおそれがないことを証する書面
en-us	(i) the provisions of Article 109: if public notice or notice under Article 111, paragraph (2) has been issued or a creditor has stated an objection, a document certifying that that the specified purpose company has paid its debt or provided suitable collateral to the creditor; that it has entrusted reasonable property so as to enable the creditor to receive payment for the debt; or that the reduction in the amount of preferred capital is not likely to harm the creditor;

ja-jp	二　第百十条の規定　同条第二項の規定による公告をしたことを証する書面並びに第百十一条第二項の規定による公告及び催告をしたこと並びに異議を述べた債権者があるときは、当該債権者に対し弁済し、若しくは相当の担保を提供し、若しくは当該債権者に弁済を受けさせることを目的として相当の財産を信託したこと又は当該優先資本金の額の減少をしても当該債権者を害するおそれがないことを証する書面
en-us	(ii) the provisions of Article 110: a document certifying that public notice under paragraph (2) of that Article has been issued, and if public notice or notice under Article 111, paragraph (2) has been issued and a creditor has stated an objection, a document certifying that the specified purpose company has paid its debt or provided suitable collateral to the creditor; that it has entrusted reasonable property so as to enable the creditor receive payment for the debt; or that the reduction in the amount of preferred capital is not likely to harm the creditor; and

ja-jp	三　第百五十九条の規定　資産流動化計画並びに特定社債の償還、特定約束手形の支払及び特定借入れの弁済を証する書面
en-us	(iii) the provisions of Article 159: the asset securitization plan and a document certifying the redemption of specified bonds, payment of specified promissory notes, and repayment of specified borrowings.

ja-jp	（減資剰余金の優先資本金への組入れによる変更の登記）
en-us	(Registration of Changes Due to Incorporation of Reduction Surplus into Preferred Capital)

ja-jp	第百九十条　減資剰余金（優先出資の消却を行うためにする優先資本金の額の減少に係るものに限る。）の優先資本金への組入れによる変更の登記の申請書には、減資剰余金の存在を証する書面を添付しなければならない。
en-us	Article 190 A document certifying the existence of reduction surplus must be attached to a written application to register a change due to the incorporation of reduction surplus (but only one involving a reduction in the amount of preferred capital for the cancelation of preferred equity) into the preferred capital.

ja-jp	（転換特定社債等の発行による変更の登記）
en-us	(Registration of Changes Due to Issuance of Convertible Specified Bonds)

ja-jp	第百九十一条　転換特定社債又は新優先出資引受権付特定社債の発行による変更の登記の申請書には、法令に別段の定めがある場合を除き、次の書面を添付しなければならない。
en-us	Article 191 The following documents must be attached to a written application to register a change due to the issuance of convertible specified bonds or specified bonds with preferred equity subscription rights, unless otherwise provided by laws and regulations:

ja-jp	一　転換特定社債又は新優先出資引受権付特定社債の引受けの申込み又は第百二十四条の契約を証する書面
en-us	(i) documents certifying the offers to subscribe for convertible specified bonds or specified bonds with preferred equity subscription rights, or the contracts referred to in Article 124; and

ja-jp	二　転換特定社債又は新優先出資引受権付特定社債の払込金額（第百二十二条第一項第十四号に規定する払込金額をいう。）の全額の払込みがあったことを証する書面
en-us	(ii) documents certifying that full payment has been made for the amount to be paid in (meaning the amount to be paid in prescribed in Article 122, paragraph (1), item (xiv)) for convertible specified bonds or specified bonds with preferred equity subscription rights.

ja-jp	（転換特定社債の転換による変更の登記）
en-us	(Registration of Changes Due to Conversion of Convertible Specified Bonds)

ja-jp	第百九十二条　転換特定社債の転換による変更の登記の申請書には、当該転換の請求があったことを証する書面を添付しなければならない。
en-us	Article 192 The documents certifying that a request for conversion has been made must be attached to a written application to register a change due to the conversion of convertible specified bonds.

ja-jp	（新優先出資引受権付特定社債に付された新優先出資の引受権の行使による変更の登記）
en-us	(Registration of Changes Due to Exercising Preferred Equity Subscription Rights That Are Embedded in Specified Bonds with Preferred Equity Subscription Rights)

ja-jp	第百九十三条　新優先出資引受権付特定社債に付された新優先出資の引受権の行使による変更の登記の申請書には、次の書面を添付しなければならない。
en-us	Article 193 The following documents must be attached to a written application to register a change due to the exercise of preferred equity subscription rights that are embedded in specified bonds with preferred equity subscription rights:

ja-jp	一　新優先出資引受権付特定社債に付された新優先出資の引受権の行使があったことを証する書面
en-us	(i) a document certifying that the preferred equity subscription rights that are embedded in the specified bonds with preferred equity subscription rights have been exercised; and

ja-jp	二　第百四十五条第三項に規定する払込みの取扱いをした銀行等に払い込まれた金額に相当する金銭の保管に関する証明書
en-us	(ii) a certificate of deposit for monies equivalent to the monies paid in to the bank or equivalent entity that handled the payment prescribed in Article 145, paragraph (3).

ja-jp	第百九十四条　特定目的会社は、公告方法として、次に掲げる方法のいずれかを定款で定めることができる。
en-us	Article 194 (1) A specified purpose company may prescribe any of the following means as the means of public notice in its articles of incorporation:

ja-jp	一　官報に掲載する方法
en-us	(i) publication in the Official Gazette;

ja-jp	二　時事に関する事項を掲載する日刊新聞紙に掲載する方法
en-us	(ii) publication in a daily newspaper that publishes information about current affairs; or

ja-jp	三　電子公告（公告方法のうち、電磁的方法（会社法第二条第三十四号に規定する電磁的方法をいう。）により不特定多数の者が公告すべき内容である情報の提供を受けることができる状態に置く措置であって同号に規定するものをとる方法をいう。以下この編において同じ。）
en-us	(iii) electronic public notice (meaning, among the method of public notice, a method of taking a measure that makes the information that should be given in a public notice available to many and unspecified persons by electronic or magnetic means set forth in that Article 2, item (xxxiv) of the Companies Act (meaning electronic or magnetic means referred to in that item); hereinafter the same applies in this Part).

ja-jp	２　特定目的会社が前項第三号に掲げる方法を公告方法とする旨を定める場合には、その定款には、電子公告を公告方法とする旨を定めれば足りる。この場合においては、事故その他やむを得ない事由によって電子公告による公告をすることができない場合の公告方法として、同項第一号又は第二号のいずれかを定めることができる。
en-us	(2) If a specified purpose company prescribes the means set forth in item (iii) of the preceding paragraph as the means of public notice, it is sufficient for the articles of incorporation to prescribe that electronic public notice is the means of public notice. In such a case, the specified purpose company may prescribe either of the means set forth in item (i) or (ii) of the preceding paragraph as the means of public notice for cases in which it is unable to issue public notice as an electronic public notice due to an accident or other compelling reasons.

ja-jp	３　第一項又は前項の規定による定めがない特定目的会社の公告方法は、第一項第一号に掲げる方法とする。
en-us	(3) The means of public notice of a specified purpose company that does not have the provisions as under paragraph (1) or the preceding paragraph is to be the means referred to in paragraph (1), item (i).

ja-jp	４　会社法第九百四十条第一項及び第三項（電子公告の公告期間等）、第九百四十一条（電子公告調査）、第九百四十六条（調査の義務等）、第九百四十七条（電子公告調査を行うことができない場合）、第九百五十一条第二項（財務諸表等の備置き及び閲覧等）、第九百五十三条（改善命令）並びに第九百五十五条（調査記録簿等の記載等）の規定は、特定目的会社が電子公告によりこの法律又は他の法律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、同法第九百四十条第一項第一号中「この法律」とあるのは「資産流動化法第二編」と、同項第二号中「第四百四十条第一項」とあるのは「資産流動化法第百四条第五項」と、「定時株主総会」とあるのは「定時社員総会」と、同条第三項中「前二項」とあるのは「第一項」と、同法第九百四十一条中「この法律又は他の法律の規定による公告（第四百四十条第一項の規定による公告を除く。」とあるのは「資産流動化法第二編又は他の法律の規定による公告（資産流動化法第百四条第五項の規定による公告を除く。」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	(4) The provisions of Article 940, paragraphs (1) and (3) (Public Notice Period of Electronic Public Notice); Article 941 (Electronic Public Notice Investigation); Article 946 (Obligation of Investigation); Article 947 (Cases Where an Electronic Public Notice Investigation Is Unable to Be Carried Out); Article 951, paragraph (2) (Keeping and Inspection of Financial Statements); Article 953 (Order for Improvement); and Article 955 (Statements in an Investigation Record Book) of the Companies Act apply mutatis mutandis if a specified purpose company issues a public notice under the provisions of this Act or other laws as an electronic public notice. In such a case, the term "this Act" in Article 940, paragraph (1), item (i) of the Companies Act is deemed to be replaced with "the provisions of Part II of the Asset Securitization Act"; the terms "Article 440, paragraph (1)" and "annual shareholders meeting" in Article 940, paragraph (1), item (ii) of the Companies Act are deemed to be replaced with "Article 104, paragraph (5) of the Asset Securitization Act" and "annual general meeting of members", respectively; the term "the preceding two paragraphs" in Article 940, paragraph (3) of the Companies Act is deemed to be replaced with "paragraph (1)"; the term "public notice under the provisions of this Act or other laws (excluding the public notice under the provisions of Article 440, paragraph (1)" in Article 941 of the Companies Act is deemed to be replaced with "public notice under the provisions of Part II of the Asset Securitization Act or the provisions of other laws (excluding public notice under the provisions of Article 104, paragraph (5) of the Asset Securitization Act"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	第三章　業務
en-us	Chapter III Business

ja-jp	（他業禁止等）
en-us	(Prohibition of Other Business)

ja-jp	第百九十五条　特定目的会社は、資産流動化計画に従って営む資産の流動化に係る業務及びその附帯業務（対価を得て、当該資産流動化計画に記載され、又は記録された特定資産以外の資産の譲渡若しくは貸付け又は役務の提供を行うことを除く。）のほか、他の業務を営むことができない。
en-us	Article 195 (1) A specified purpose company must not engage in business other than the business of asset securitization in which it engages in accordance with the asset securitization plan and business incidental thereto (this excludes transferring or lending assets other than the specified assets that have been entered or recorded in the asset securitization plan or for the provision of services, for a consideration ).

ja-jp	２　特定目的会社は、合名会社又は合資会社の無限責任社員となることができない。
en-us	(2) A specified purpose company may not become a general partnership company or a member with unlimited liability of a general partnership company.

ja-jp	（名義貸しの禁止）
en-us	(Prohibition of Lending One's Name)

ja-jp	第百九十六条　特定目的会社は、自己の名義をもって、他人に資産の流動化に係る業務を営ませてはならない。
en-us	Article 196 A specified purpose company must not allow another person to engage in the business of asset securitization using its name.

ja-jp	（自己の商号の使用を他人に許諾した特定目的会社の責任）
en-us	(Liability of Specified Purpose Company that Permitted Others to Use Its Trade Name)

ja-jp	第百九十七条　自己の商号を使用して事業又は営業を行うことを他人に許諾した特定目的会社は、当該特定目的会社が当該事業を行うものと誤認して当該他人と取引をした者に対し、当該他人と連帯して、当該取引によって生じた債務を弁済する責任を負う。
en-us	Article 197 A specified purpose company that permits another person to carry out a business or engage in operations using its trade name is jointly and severally liable, together with that other person, to a party that conducts transactions with that other person based on the misconception that the specified purpose company is the one carrying out the business, for performance of the obligations arising from those transactions.

ja-jp	（使用人の制限）
en-us	(Restriction on Employees)

ja-jp	第百九十八条　特定目的会社は、第七十条第一項各号に掲げる者を使用人（政令で定める者に限る。）としてはならない。
en-us	Article 198 A specified purpose company must not have a person set forth in one of the items of Article 70, paragraph (1) as an employee (limited to a person specified by Cabinet Order).

ja-jp	第百九十九条　削除
en-us	Article 199 Deleted

ja-jp	（業務の委託）
en-us	(Entrustment of Business)

ja-jp	第二百条　特定目的会社は、特定資産（信託の受益権を除く。以下この条において同じ。）の管理及び処分に係る業務を行わせるため、これを信託会社等に信託しなければならない。
en-us	Article 200 (1) A specified purpose company must entrust specified assets (excluding beneficial interests in a trust; hereinafter the same applies in this Article) with a trust company or financial institution so as to have the trust company or financial institution carry out business involving the administration and disposition of those specified assets.

ja-jp	２　特定目的会社は、前項の規定にかかわらず、特定資産のうち次に掲げる資産については、当該資産の譲渡人又は当該資産の管理及び処分を適正に遂行するに足りる財産的基礎及び人的構成を有する者にその管理及び処分に係る業務を委託することができる。
en-us	(2) Notwithstanding the provisions of the preceding paragraph, a specified purpose company may entrust the transferor of the following specified assets or a person with a sufficient financial basis and personnel structure to administer and dispose the assets appropriately with business involving the administration and disposition of those assets:

ja-jp	一　不動産（土地若しくは建物又はこれらに関する所有権以外の権利をいう。）
en-us	(i) real property (meaning land and buildings, or rights other than the ownership connected with them);

ja-jp	二　債権（民法第三編第一章第七節第一款に規定する指図証券、同節第二款に規定する記名式所持人払証券、同節第三款に規定するその他の記名証券及び同節第四款に規定する無記名証券に係る債権を除く。第二百二条において同じ。）
en-us	(ii) a claim (excluding a claim regarding negotiable instruments payable to order as prescribed in Part III, Chapter 1, Section 7, Subsection 1 of the Civil Code, registered negotiable instruments payable to holder as prescribed in Subsection 2 of that Section, other registered negotiable instruments prescribed in Subsection 3 of that Section, and claims for bearer instruments prescribed in Subsection 4 of that Section; the same applies in Article 202);

ja-jp	三　その他権利の移転に関し、登記その他の手段により第三者に対する対抗要件を備えることができるものとして内閣府令で定める資産のうち、当該特定目的会社が対抗要件を備えたもの
en-us	(iii) an asset that Cabinet Office Order prescribes as one in respect of which a transfer of rights can be asserted against a third party by registration or other means, and whose transfer of rights to the specified purpose company has been asserted against a third party; and

ja-jp	四　従たる特定資産（前三号に掲げる資産に該当するものを除く。）
en-us	(iv) secondary specified assets (other than those falling under a category of assets set forth in the preceding three items).

ja-jp	３　特定目的会社は、前項の規定による特定資産（従たる特定資産を除く。）の管理及び処分に係る業務の委託に関する契約には、当該業務を委託する相手方（以下この項において「受託者」という。）が次に掲げる義務を有する旨の条件を付さなければならない。
en-us	(3) A specified purpose company must attach conditions to the contract in which it entrusts a person with business involving the administration and disposition of specified assets (other than secondary specified assets) as prescribed in the preceding paragraph, indicating that the other party that it is entrusting with that business (hereinafter referred to as the "entrusted person" in this paragraph) has the following obligations:

ja-jp	一　受託者は、受託した資産を自己の固有財産その他の財産と分別して管理すること。
en-us	(i) the entrusted person is to administer the assets entrusted separately from its own assets and other assets;

ja-jp	二　受託者は、資産の管理及び処分に係る業務を委託した特定目的会社（以下この項において「委託者」という。）の求めに応じ、受託した資産の管理及び処分の状況について説明しなければならないこと。
en-us	(ii) the entrusted person must explain the status of the administration and disposition of the entrusted assets at the request of the specified purpose company that entrusted the person with business involving the administration and disposition of assets (hereinafter referred to as the "entrusting person" in this paragraph);

ja-jp	三　受託者は、受託した資産の管理及び処分の状況を記載した書類を主たる事務所に備え置き、委託者の求めに応じ、これを閲覧させること。
en-us	(iii) the entrusted person is to keep documents stating the status of the administration and disposition of the entrusted assets and have the entrusting person inspect them upon request;

ja-jp	四　受託者は、委託者の同意なく業務の再委託を行わないこと。
en-us	(iv) the entrusted person will not further entrust the business without the consent of the entrusting person.

ja-jp	第二百一条　削除
en-us	Article 201 Deleted

ja-jp	（債権の取立委託の制限）
en-us	(Restrictions on Entrustment of Claim Collection)

ja-jp	第二百二条　特定目的会社は、第二百条第二項及び第三項の規定に定めるところによるほか、資産流動化計画に従い譲り受けた債権（金銭の支払を目的とするものに限る。以下この条において「譲受債権」という。）について、その取立ての委託又はその取立ての再委託に対する同項第四号の同意をしようとする場合において、その委託又は再委託の相手方が譲受債権の取立てに当たり貸金業法第二十一条第一項の規定若しくはこの法律の規定に違反し、若しくは刑法若しくは暴力行為等処罰に関する法律の罪を犯すおそれが明らかである者であることを知り、又は知ることができるときは、当該相手方に当該委託をし、又は当該相手方に当該再委託をすることに当該同意をしてはならない。
en-us	Article 202 Beyond what is provided for in Article 200, paragraphs (2) and (3), if a specified purpose company seeks to entrust the collection of a claim that it has acquired in accordance with the asset securitization plan (limited to a claim for payment of money; hereinafter referred to as an "acquired claim" in this Article) or to give the consent referred to in Article 200, paragraph (3), item (iv) to re-entrust a person with the collection of such a claim, and the specified purpose company comes to know or is capable of knowing that the other party to the entrustment or re-entrustment is clearly likely to violate the provisions of Article 21, paragraph (2) of the Money Lending Business Act or the provisions of this Act, or to commit a crime referred to in the Penal Code or the Act on the Punishment of Physical Violence and Others in collecting the acquired claim, the specified purpose company must not entrust the other party with the collection of claims or give its consent to re-entrusting the other party with the collection of claims.

ja-jp	（不動産取引の委託の制限）
en-us	(Restrictions on Entrustment of Real Property Transactions)

ja-jp	第二百三条　特定目的会社は、資産流動化計画に従い譲り受けた不動産（建物又は宅地建物取引業法第二条第一号に規定する宅地をいう。）の売買、交換又は賃貸に係る業務については、第二百条第二項及び第三項の規定に定めるところによるほか、不動産特定共同事業法第六条各号（第十二号及び第十三号を除く。）のいずれにも該当しない者に委託しなければならない。
en-us	Article 203 Beyond what is provided for in Article 200, paragraphs (2) and (3), a specified purpose company must entrust a person that does not fall under any of the items of Article 6 (other than items (xii) and (xiii)) of the Act on Specified Joint Real Estate Ventures with business related to the purchase and sale, exchange, or lease of real property (meaning a building or a building lot as prescribed in Article 2, item (i) of the Real Estate Brokerage Act) that the specified purpose company has acquired in accordance with the asset securitization plan.

ja-jp	（宅地建物取引業法の適用除外）
en-us	(Exclusion from Application of the Real Estate Brokerage Act)

ja-jp	第二百四条　宅地建物取引業法の規定は、業務開始届出を行った特定目的会社には、適用しない。
en-us	Article 204 The provisions of the Real Estate Brokerage Act do not apply to a specified purpose company that has filed a notification of commencement of business.

ja-jp	（約束手形の発行）
en-us	(Issuance of Promissory Notes)

ja-jp	第二百五条　特定目的会社は、金融商品取引法第二条第一項第十五号に掲げる約束手形（第二号において「特定手形」という。）については、次に掲げる場合に限り、これを発行することができる。
en-us	Article 205 A specified purpose company may issue the promissory notes set forth in Article 2, paragraph (1), item (xv) of the Financial Instruments and Exchange Act (referred to as "specified notes" in item (ii)) only in the following cases:

ja-jp	一　次に掲げるすべての要件を満たすものである場合
en-us	(i) if all of the following requirements are satisfied:

ja-jp	イ　その発行の目的が、特定資産を取得するために必要な資金を調達するものであること。
en-us	(a) the purpose of the issuance of the specified notes is to procure the funds necessary to acquire specified assets;

ja-jp	ロ　資産流動化計画においてその発行の限度額が定められていること。
en-us	(b) the limit on the amount of specified notes it may issue is specified in the asset securitization plan; and

ja-jp	ハ　投資者の保護のため必要なものとして内閣府令で定める要件
en-us	(c) the requirements that Cabinet Office Order prescribes as being necessary for the protection of investors.

ja-jp	二　この条の規定により発行した特定手形の支払のための資金を調達する場合
en-us	(ii) if specified notes are issued for the purpose of procuring funds for the payment of specified notes issued under the provisions of this Article.

ja-jp	（種類等を異にする優先出資又は特定社債の発行）
en-us	(Issuance of Different Classes of Preferred Equity or Specified Bonds)

ja-jp	第二百六条　特定目的会社は、投資者の保護に反しない場合として内閣府令で定める場合に限り、一の資産流動化計画において、種類又は発行の時期を異にする優先出資又は特定社債を発行することができる。
en-us	Article 206 A specified purpose company may issue preferred equity or specified bonds differing in class or time of issuance under a single asset securitization plan only in a case that Cabinet Office Order prescribes as one that does not jeopardize the protection of investors.

ja-jp	（資産対応証券の募集等の制限）
en-us	(Restrictions on Public Offerings and Private Placements of Asset-Backed Securities)

ja-jp	第二百七条　特定目的会社の取締役又は使用人は、当該特定目的会社の発行する資産対応証券の募集等（金融商品取引法第二条第三項に規定する有価証券の募集又は有価証券の私募をいう。以下この編において同じ。）の取扱いについて次条第二項の規定による届出が行われたときは、当該資産対応証券の募集等に係る事務を行ってはならない。
en-us	Article 207 If a notification under paragraph (2) of the following Article is issued with regard to the handling of a public offering or private placement (meaning a public offering of securities or private placement of securities as prescribed in Article 2, paragraph (3) of the Financial Instruments and Exchange Act; hereinafter the same applies in this Part) of asset-backed securities issued by a specified purpose company, neither the director nor the employees of the specified purpose company may engage in the affairs related to the public offering or private placement of asset-backed securities.

ja-jp	第二百八条　資産流動化計画に定められた特定資産（従たる特定資産を除く。）の譲渡人（当該譲渡人が法人である場合には、その役員及び使用人を含む。以下「特定譲渡人」という。）が特定目的会社の発行する資産対応証券（特定短期社債及び特定約束手形を除く。以下この条及び次条において同じ。）の募集等に関する事務を受託した者である場合における金融商品取引法の適用については、当該特定譲渡人が行う当該特定目的会社が発行する資産対応証券の募集等の取扱いは、同法第二条第八項第九号に掲げる行為に該当しないものとみなす。
en-us	Article 208 (1) To apply the Financial Instruments and Exchange Act if the transferor of specified assets (other than secondary specified assets) set forth in the asset securitization plan (or, if the transferor is a corporation, including its officers and employees; hereinafter referred to as the "specified transferor") is the person that has been entrusted with the affairs related to the public offering or private placement of asset-backed securities (other than specified short-term bonds and specified promissory notes; hereinafter the same applies in this Article and the following Article) that the specified purpose company issues, the handling of the public offering or private placement of asset-backed securities issued by the specified purpose company by the specified transferor is deemed not to fall under the act set forth in Article 2, paragraph (8), item (ix) of that Act.

ja-jp	２　前項の場合において、特定譲渡人が資産対応証券の募集等の取扱いを行うときは、あらかじめ、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) In the case referred to in the preceding paragraph, a specified transferor must file a notification with the Prime Minister in advance pursuant to Cabinet Office Order provisions when handling a public offering or private placement of asset-backed securities.

ja-jp	（資産対応証券の募集等に関する金融商品取引法等の準用）
en-us	(Application, Mutatis Mutandis, of the Financial Instruments and Exchange Act to Public Offerings and Private Placements of Asset-Backed Securities)

ja-jp	第二百九条　次の各号に掲げる規定は、資産対応証券の募集等を行う特定目的会社及び資産対応証券の募集等の取扱いを行う特定譲渡人について準用する。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 209 The provisions stated in the following items apply to a specified purpose company making a public offering or private placement of asset-backed securities and a specified transferor handling a public offering or private placement of asset-backed securities. In this case, the technical replacement of terms is to be specified by Cabinet Order.

ja-jp	一　金融商品取引法第三十七条第一項（第二号を除く。）及び第二項（広告等の規制）、第三十七条の三第一項（第二号及び第六号を除く。）及び第二項（契約締結前の情報の提供等）、第三十七条の四（契約締結時等の情報の提供）、第三十八条（第七号及び第八号を除く。）（禁止行為）、第三十九条（第四項及び第六項を除く。）（損失補填等の禁止）、第四十条（適合性の原則等）、第四十四条の三第一項（第三号を除く。）（親法人等又は子法人等が関与する行為の制限）並びに第四十五条（第三号及び第四号を除く。）
en-us	(i) the provisions of Article 37, paragraph (1) (excluding item (ii)) and paragraph (2) (Regulation of Advertising); Article 37-3, paragraph (1) (excluding items (ii) and (vi)) and paragraph (2) (Provision of Information Prior to the Conclusion of a Contract), Article 37-4 (Provision of Information upon the Conclusion of a Contract); Article 38 (excluding items (vii) and (viii)) (Prohibited Acts); Article 39 (excluding paragraphs (4) and (6)) (Prohibition of Compensation of Loss); Article 40 (Principle of Suitability); Article 44-3, paragraph (1) (excluding item (iii)) (Restriction on Acts Involving Parent Corporations or Subsidiary Corporations); and Article 45 (excluding item (iii) and item (iv)) of the Financial Instruments and Exchange Act; and

ja-jp	二　金融サービスの提供及び利用環境の整備等に関する法律第二条第一項（顧客等に対する誠実義務）
en-us	(ii) Article 2, paragraph (1) (Duty of Sincerity to Customers) of the Act on the Provision of Financial Services and the Development of the Accessible Environment Thereto.

ja-jp	２　第二百十七条から第二百十九条までの規定は、資産対応証券の募集等の取扱いを行う特定譲渡人について準用する。この場合において、第二百十七条第一項中「この法律」とあるのは「この法律又は第二百九条第一項において準用する金融商品取引法若しくは金融サービスの提供及び利用環境の整備等に関する法律の規定」と、「その業務若しくは財産」とあるのは「その資産対応証券の募集等の取扱い」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 Articles 217 through 219 apply mutatis mutandis to specified transferors handling public offerings and private placements of asset-backed securities. In such a case, the term "this Act" in Article 217, paragraph (1) is deemed to be replaced with "this Act, or the provisions of the Financial Instruments and Exchange Act or the Act on the Provision of Financial Services and the Development of the Accessible Environment Thereto as applied mutatis mutandis pursuant to Article 209, paragraph (1)"; the terms "concerning its business or assets" and "its operational or financial status" in that paragraph are deemed to be replaced with "concerning the handling of the public offering or private placement of asset-backed securities" and "its handling of the public offering or private placement of asset-backed securities", respectively; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（資金の借入れ）
en-us	(Borrowing of Funds)

ja-jp	第二百十条　特定目的会社は、次に掲げる全ての要件を満たす場合には、取締役の決定（取締役が数人あるときは、その過半数をもってする決定）により資金の借入れを行うことができる。
en-us	Article 210 If all of the following requirements are satisfied, a specified purpose company may borrow funds, as decided by the director (or as decided by a majority of the directors, if there are multiple directors):

ja-jp	一　資産流動化計画においてその借入れの限度額が定められていること。
en-us	(i) the limit on the amount of the borrowings is provided for in the asset securitization plan; and

ja-jp	二　その借入先が銀行その他の内閣府令で定める者であること。
en-us	(ii) the person from which it borrows the funds is a bank or other persons that Cabinet Office Order prescribes.

ja-jp	第二百十一条　特定目的会社が行う資金の借入れであって、前条の規定により行う資金の借入れ以外のものについては、次の各号に掲げる資金の借入れの区分に応じ当該各号に定める場合に限り、行うことができるものとする。
en-us	Article 211 A specified purpose company is to be permitted to borrow funds other than the borrowing of funds pursuant to the provisions of the preceding Article only in the case that each of the following items prescribes in accordance with the category of borrowing of funds set forth in each item:

ja-jp	一　特定社債、特定約束手形又は特定借入れに係る債務の履行に充てるための資金の借入れ（当該資金の借入れに係る債務の履行に充てるために更に資金の借入れを行う場合を含む。）　借入期間が一年以内である場合
en-us	(i) borrowing of funds to allot the funds for the performance of obligations associated with specified bonds, specified promissory notes, or specified borrowing (including if it borrows additional funds to allot them for the performance of obligations associated with the original borrowing): if the borrowing period does not exceed one year; or

ja-jp	二　前号に掲げる資金の借入れ以外の資金の借入れ　資産対応証券の発行又は特定借入れを行う場合における一時的な資金繰りのために資金の借入れを行う場合その他投資者の保護に反しない場合として内閣府令で定める場合
en-us	(ii) borrowing of funds other than as set forth in the preceding item: if it borrows those funds to temporarily manage cash flows when issuing asset-backed securities or making specified borrowing, or in a case that Cabinet Office Order prescribes as one that does not jeopardize the protection of investors.

ja-jp	（資産の取得等の制限）
en-us	(Restriction on Acquisition of Assets)

ja-jp	第二百十二条　特定目的会社は、次に掲げる資産を取得してはならない。
en-us	Article 212 (1) A specified purpose company must not acquire the following assets:

ja-jp	一　組合契約（民法第六百六十七条の組合契約をいう。）の出資の持分（内閣府令で定めるものを除く。）
en-us	(i) an equity investment under a partnership contract (meaning a partnership contract as referred to in Article 667 of the Civil Code) (other than those prescribed by Cabinet Office Order);

ja-jp	二　匿名組合契約（商法第五百三十五条の匿名組合契約をいう。）の出資の持分（内閣府令で定めるものを除く。）
en-us	(ii) an equity investment under a silent partnership contract (meaning a silent partnership contract as referred to in Article 535 of the Commercial Code) (other than those prescribed by Cabinet Office Order);

ja-jp	三　金銭の信託受益権（内閣府令で定めるものを除く。）
en-us	(iii) a beneficial interest in a trust that consists of money (other than those prescribed by Cabinet Office Order); and

ja-jp	四　その他特定目的会社が取得することにより資産の流動化に係る業務の遂行を妨げるおそれがあるものとして内閣府令で定めるもの
en-us	(iv) an asset that Cabinet Office Order prescribes as one whose acquisition by a specified purpose company is likely to interfere with its performance of the business of asset securitization.

ja-jp	２　特定目的会社は、同一法人の発行済株式又は出資の持分（以下この項及び次項において「株式等」という。）に係る議決権（株主総会において決議をすることができる事項の全部につき議決権を行使することができない株式についての議決権を除き、会社法第八百七十九条第三項の規定により議決権を有するとみなされる株式についての議決権を含む。以下この項において同じ。）を、当該株式等に係る議決権の総数に内閣府令で定める率を乗じて得た数を超えて取得し、又は保有してはならない。
en-us	(2) A specified purpose company must not acquire or hold voting rights (other than voting rights in respect of shares that do not entitle a person to vote on all of the matters that may be resolved at a shareholders' meeting; and including voting rights in respect of shares that are deemed to have voting rights pursuant to the provisions of Article 879, paragraph (3) of the Companies Act; hereinafter the same applies in this paragraph) in respect of issued shares and equity interests in a single corporation (hereinafter referred to as "shares and interests" in this paragraph and the following paragraph) in a number that exceeds that which is arrived at when the rate that Cabinet Office Order prescribes is multiplied by the total number of votes associated with those shares and interests.

ja-jp	３　前項の場合において、特定目的会社が取得し、又は所有する株式等には、信託財産である株式等で当該特定目的会社が委託者又は受益者として議決権を行使し、又は議決権の行使について指図を行うことができるものを含むものとする。
en-us	(3) In the case referred to in the preceding paragraph, the shares and interests acquired or held by a specified purpose company are to include shares and interests constituting trust property in respect of which the specified purpose company is entitled to vote as the settlor or beneficiary or to give instructions with regard to the exercise of voting rights.

ja-jp	４　特定目的会社は、その議決権を有する特定出資又は優先出資の過半数の口数を有する法人の発行済株式を取得し、又は所有してはならない。
en-us	(4) A specified purpose company must not acquire issued shares in a corporation that holds the majority of units of specified equity or preferred equity for which the specified purpose company holds voting rights.

ja-jp	（特定資産の処分等の制限）
en-us	(Restrictions on Disposition of Specified Assets)

ja-jp	第二百十三条　特定目的会社は、資産流動化計画に定められたところによる場合を除き、特定資産（従たる特定資産を除く。）を貸し付け、譲渡し、交換し、又は担保に供してはならない。
en-us	Article 213 Except as provided in the asset securitization plan, a specified purpose company must not lend, transfer, or exchange specified assets (other than secondary specified assets) or provide them as collateral.

ja-jp	（余裕金の運用の制限）
en-us	(Restrictions on Operation of Surplus Funds)

ja-jp	第二百十四条　特定目的会社は、次の方法によるほか、業務上の余裕金を運用してはならない。
en-us	Article 214 A specified purpose company must not invest surplus funds that arise in the course of business other than by the following means:

ja-jp	一　国債その他内閣総理大臣の指定する有価証券の保有
en-us	(i) through holding Japanese government bonds and other securities designated by the Prime Minister;

ja-jp	二　内閣総理大臣の指定する銀行その他の金融機関への預金
en-us	(ii) by depositing surplus funds with a bank or other financial institution designated by the Prime Minister; or

ja-jp	三　その他内閣府令で定める方法
en-us	(iii) by other means that Cabinet Office Order prescribes.

ja-jp	第四章　監督
en-us	Chapter IV Supervision

ja-jp	（業務に関する帳簿及び資料）
en-us	(Books and Materials Concerning Business)

ja-jp	第二百十五条　特定目的会社は、内閣府令で定めるところにより、その業務に関する帳簿及び資料を作成し、これを保存しなければならない。
en-us	Article 215 A specified purpose company must prepare and preserve books and materials related to its business, pursuant to Cabinet Office Order provisions.

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

ja-jp	第二百十六条　特定目的会社は、毎事業年度、内閣府令で定めるところにより、事業報告書を作成し、当該事業年度経過後三箇月以内に、これを内閣総理大臣に提出しなければならない。
en-us	Article 216 A specified purpose company must prepare a business report every business year and submit it to the Prime Minister within three months after the end of the business year, pursuant to Cabinet Office Order provisions.

ja-jp	（立入検査等）
en-us	(On-Site Inspections)

ja-jp	第二百十七条　内閣総理大臣は、特定目的会社の業務の運営がこの法律若しくはこの法律に基づく命令に違反し、又は違反するおそれがあると認めるときは、特定目的会社に対し、その業務若しくは財産に関して報告若しくは資料の提出を命じ、又は当該職員に、特定目的会社の営業所若しくは事務所に立ち入り、そ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を検査させ、若しくは関係者に質問させることができる。
en-us	Article 217 (1) On finding that the business operations of a specified purpose company violate or are likely to violate this Act or an order based on this Act, the Prime Minister may order a specified purpose company to submit reports or materials concerning its business or assets, or may have relevant officials enter the business office or office of the specified purpose company and inspect the status of its business and assets, books, documents, and other articles, or question the relevant persons.

ja-jp	２　前項の規定により立入検査をする職員は、その身分を示す証明書を携帯し、関係者の請求があった時は、これを提示しなければならない。
en-us	(2) An official that conducts an on-site inspection pursuant to the preceding paragraph must carry an identification card and present it if requested to do so by any of the relevant persons.

ja-jp	３　第一項に規定する立入検査の権限は、犯罪捜査のために認められたものと解してはならない。
en-us	(3) The authority to conduct an on-site inspection prescribed in paragraph (1) must not be construed as being granted for the purposes of criminal investigation.

ja-jp	（違法行為等の是正命令）
en-us	(Orders for Rectification of Illegal Acts)

ja-jp	第二百十八条　内閣総理大臣は、特定目的会社の業務の運営がこの法律若しくはこの法律に基づく命令に違反し、又は違反するおそれがあると認めるときは、当該特定目的会社に対し、当該業務の運営の是正のため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 218 On finding that the business operations of a specified purpose company violate or are likely to violate the provisions of this Act or an order based on this Act, the Prime Minister may order the specified purpose company to take the necessary measures to rectify those business operations.

ja-jp	（業務の停止命令）
en-us	(Orders to Suspend Business)

ja-jp	第二百十九条　内閣総理大臣は、業務開始届出を行った特定目的会社が次の各号のいずれかに該当するときは、六箇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ができる。
en-us	Article 219 If a specified purpose company that has filed a notification of commencement of business falls under either of the following items, the Prime Minister may order a full or partial suspension of its business for a fixed period of no longer than six months:

ja-jp	一　業務開始届出、変更届出、第十条第一項の規定による届出、新計画届出又は第十二条第一項の規定による届出に係る届出書若しくは添付資料又は第七条第二項の資料に虚偽の記載若しくは記録をし、又は記載し、若しくは記録すべき重要な事項若しくは誤解を生じさせないために必要な事実の記載若しくは記録を欠いたとき。
en-us	(i) it enters or records false information; fails to enter or record material information that is required to be entered or recorded; or fails to enter or record the necessary facts to prevent a misconception, in the notification of commencement of business, a change notification, notification under Article 10, paragraph (1), notification of a new plan, written notification or accompanying documents associated with the notification under Article 12, paragraph (1), or the materials prescribed in Article 7, paragraph (2); or

ja-jp	二　この法律若しくはこの法律に基づく命令又はこれらに基づく処分に違反したとき。
en-us	(ii) it violates the provisions of this Act, an order issued based on this Act, or a disposition based on either of these.

ja-jp	第二百二十条　内閣総理大臣は、特定目的会社がこの法律若しくはこの法律に基づく命令若しくはこれらに基づく処分に違反した場合であって他の方法により監督の目的を達成することができないとき、又は第十条第一項に規定する届出をした日から三年以内に新計画届出を行わないときは、解散を命ずることができる。
en-us	Article 220 If a specified purpose company violates the provisions of this Act, an order based on this Act, or a disposition based on either of these and there is no other means of achieving the goal of supervision, or if the specified purpose company does not file a notification of a new plan within three years after the day on which it has filed the notification under Article 10, paragraph (1), the Prime Minister may order its dissolution.

ja-jp	（監督処分の公告）
en-us	(Public Notices of Supervisory Dispositions)

ja-jp	第二百二十一条　内閣総理大臣は、前三条の規定による処分をしたときは、内閣府令で定めるところにより、その旨を公告し、かつ、第二百十八条又は第二百十九条の規定による処分をしたときにあっては、その旨及び当該処分を行った年月日を特定目的会社名簿に登載しなければならない。
en-us	Article 221 Having rendered a disposition under one of the preceding three Articles, the Prime Minister must issue public notice of this pursuant to Cabinet Office Order provisions; and having rendered a disposition under Article 218 or Article 219, the Prime Minister must record this and the date of the disposition in the register of specified purpose companies.

ja-jp	第三編　特定目的信託制度
en-us	Part III The Specified Purpose Trust System

ja-jp	第一章　総則
en-us	Chapter I General Provisions

ja-jp	第二百二十二条　特定目的信託に関しては、この編に定めるもののほか、信託法、信託業法及び金融機関の信託業務の兼営等に関する法律（昭和十八年法律第四十三号）の定めるところによる。
en-us	Article 222 Beyond what is provided for in this Part, the provisions of the Trust Act, the Trust Business Act, and the Act on Engagement in Trust Business Activities by Financial Institutions (Act No. 43 of 1943) also apply to specified purpose trusts.

ja-jp	（特定目的信託の受託者）
en-us	(Trustees of Specified Purpose Trusts)

ja-jp	第二百二十三条　特定目的信託に係る信託契約（以下「特定目的信託契約」という。）は、信託会社等を受託者とするものでなければ締結してはならない。
en-us	Article 223 It is prohibited to conclude a trust agreement for a specified purpose trust (hereinafter referred to as a "specified purpose trust agreement") unless a trust company or financial institution is to serve as the trustee.

ja-jp	（特定目的信託財産）
en-us	(Specified Purpose Trust Property)

ja-jp	第二百二十四条　第二百十二条（第四項を除く。）の規定は、特定目的信託の受託者となる信託会社等が原委託者（信託会社等と特定目的信託契約を締結する者をいう。以下この編において同じ。）から特定目的信託の信託財産として取得する資産及び受託信託会社等が当該特定目的信託の信託財産として取得し、又は所有する資産について準用する。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 224 The provisions of Article 212 (excluding paragraph (4)) apply mutatis mutandis to assets that the trust company or financial institution serving as the trustee of a specified purpose trust acquires from the originator (meaning a person concluding a specified purpose trust agreement with a trust company or financial institution; hereinafter the same applies in this Part) as the trust property of the specified purpose trust, and to assets acquired or possessed by a trustee trust company or financial institution as the trust property of the specified purpose trust. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	第二章　届出
en-us	Chapter II Notifications

ja-jp	第二百二十五条　信託会社等は、受託者として特定目的信託契約を締結するときは、あらかじめ、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	Article 225 (1) A trust company or financial institution must file a notification with the Prime Minister in advance pursuant to Cabinet Office Order provisions, when concluding a specified purpose trust agreement as the trustee.

ja-jp	２　前項の規定による届出を行うときは、次に掲げる書類を添付しなければならない。
en-us	(2) When filing a notification under the provisions of the preceding paragraph, the trust company or financial institution must attach the following documents:

ja-jp	一　特定目的信託契約の契約書案
en-us	(i) a draft of the specified purpose trust agreement;

ja-jp	二　資産信託流動化計画
en-us	(ii) the asset trust securitization plan;

ja-jp	三　特定資産（従たる特定資産を除く。）の管理及び処分に係る業務を他人に委託するときは、当該委託に係る契約の契約書案
en-us	(iii) if it entrusts another person with the business of administering and disposing of specified assets (other than secondary specified assets), a draft of the entrustment agreement; and

ja-jp	四　その他内閣府令で定める書類
en-us	(iv) other documents that Cabinet Office Order prescribes.

ja-jp	（資産信託流動化計画）
en-us	(Asset Trust Securitization Plan)

ja-jp	第二百二十六条　資産信託流動化計画には、次に掲げる事項を記載し、又は記録しなければならない。
en-us	Article 226 (1) The following information must be entered or recorded in an asset trust securitization plan:

ja-jp	一　特定目的信託契約の期間及び特定目的信託契約の期間に関する事項として内閣府令で定める事項
en-us	(i) the period of the specified purpose trust agreement and the information that Cabinet Office Order prescribes as concerning the period of the specified purpose trust agreement;

ja-jp	二　特定資産の内容及び価額その他の特定資産に関する事項として内閣府令で定める事項
en-us	(ii) the details and value of specified assets and any other information that Cabinet Office Order prescribes as concerning specified assets;

ja-jp	三　受益権に関する次に掲げる事項
en-us	(iii) the following information concerning beneficial interests:

ja-jp	イ　信託期間中の金銭の分配の方法に関する事項として内閣府令で定める事項
en-us	(a) the information that Cabinet Office Order prescribes as concerning how monies will be distributed during the trust period;

ja-jp	ロ　特定資産に対する持分（以下「元本持分」という。）を有する種類の受益権であって種類の異なるものを定める場合には、各受益権の種類ごとの元本持分、元本持分を有しない種類の受益権を定める場合にあっては、特定目的信託契約の期間中における特定資産の管理又は処分により得られる利益に対する持分（以下「利益持分」という。）
en-us	(b) if the plan provides for multiple classes of beneficial interest that confer a share in specified assets (hereinafter referred to as a "share of principal"), the share of principle for each class of beneficial interest, and if the plan provides for a class of beneficial interest that confers no share of principal, the share of interest to be earned based on the administration and disposition of specified assets during the period of the specified purpose trust agreement (hereinafter referred to a "share of interest"); and

ja-jp	ハ　その他内閣府令で定める事項
en-us	(c) other information that Cabinet Office Order prescribes.

ja-jp	四　特定資産の管理及び処分に係る方法その他の特定資産の管理及び処分に関する事項として内閣府令で定める事項
en-us	(iv) how the specified assets will be administered and disposed of and any other information that Cabinet Office Order prescribes as concerning the administration and disposition of specified assets;

ja-jp	五　特定目的信託の信託事務を処理するために受託信託会社等が行う資金の借入れ又は費用の負担に関する事項として内閣府令で定める事項
en-us	(v) the information that Cabinet Office Order prescribes as concerning the borrowing of funds or the bearing of costs by the trustee trust company or financial institution for administering trust affairs associated with the specified purpose trust; and

ja-jp	六　その他内閣府令で定める事項
en-us	(vi) other information that Cabinet Office Order prescribes.

ja-jp	２　前項第一号の特定目的信託契約の期間は、政令で定める特定資産の区分に応じ、その管理及び処分に関する合理的な計画の策定可能な期間として政令で定める期間を超えてはならない。
en-us	(2) The period of the specified purpose trust agreement referred to in item (i) of the preceding paragraph must not exceed the periods that Cabinet Order prescribes as those in which a reasonable plan for the administration and disposition of the specified assets may be formulated in accordance with the categories of specified assets that Cabinet Order prescribes.

ja-jp	３　資産信託流動化計画は、電磁的記録をもって作成することができる。
en-us	(3) An asset trust securitization plan may be prepared as an electronic or magnetic record.

ja-jp	（資産信託流動化計画の変更に係る届出）
en-us	(Notification of Change to Asset Trust Securitization Plans)

ja-jp	第二百二十七条　受託信託会社等は、資産信託流動化計画を変更したときは、遅滞なく、内閣総理大臣に届け出なければならない。ただし、資産信託流動化計画に記載又は記録された事項の変更であって、特定資産の取得の時期の確定に伴う変更その他の軽微な変更として内閣府令で定めるものについては、この限りでない。
en-us	Article 227 (1) Having changed the asset trust securitization plan, a trustee trust company or financial institution must file a notification with the Prime Minister without delay; provided, however, that this does not apply to a change to information entered or recorded in the asset trust securitization plan based on the final determination of the time of acquisition of specified assets or any other change that Cabinet Office Order prescribes as a minor change.

ja-jp	２　第九条第二項及び第三項の規定は、前項の規定による届出について準用する。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 9, paragraphs (2) and (3) apply mutatis mutandis to a notification pursuant to the provisions of the preceding paragraph. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	（特定目的信託終了の届出）
en-us	(Notification of Termination of Specified Purpose Trusts)

ja-jp	第二百二十八条　受託信託会社等は、資産信託流動化計画に従って特定目的信託に係る債務の履行を完了したときは、その日から三十日以内に、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 228 Having finished performing the obligations connected with a specified purpose trust in accordance with the asset trust securitization plan, a trustee trust company or financial institution must file a notification with the Prime Minister indicating this within thirty days from that date.

ja-jp	第三章　特定目的信託
en-us	Chapter III Specified Purpose Trusts

ja-jp	第一節　特定目的信託契約
en-us	Section 1 Specified Purpose Trust Agreements

ja-jp	（特定目的信託契約）
en-us	(Specified Purpose Trust Agreement)

ja-jp	第二百二十九条　特定目的信託契約においては、次に掲げる事項を定めなければならない。
en-us	Article 229 The following information must be provided for in a specified purpose trust agreement:

ja-jp	一　特定目的信託である旨
en-us	(i) that the trust is a specified purpose trust;

ja-jp	二　資産信託流動化計画
en-us	(ii) the asset trust securitization plan;

ja-jp	三　原委託者の義務に関する事項
en-us	(iii) information concerning the obligations of the originator;

ja-jp	四　受託信託会社等に対する費用の償還及び損害の補償に関する事項
en-us	(iv) information concerning the reimbursement of costs and compensation for damage to the trustee trust company or financial institution;

ja-jp	五　信託報酬の計算方法並びにその支払の方法及び時期に関する事項
en-us	(v) information concerning how the trust fee is calculated and how and when it is to be paid; and

ja-jp	六　その他内閣府令で定める事項
en-us	(vi) other information that Cabinet Office Order prescribes.

ja-jp	第二百三十条　特定目的信託契約には、次に掲げる条件を付さなければならない。
en-us	Article 230 (1) The following conditions must be attached to a specified purpose trust agreement:

ja-jp	一　特定資産の管理及び処分について受託信託会社等に対して指図を行うことができないこと。
en-us	(i) that it is not permissible to give instructions to the trustee trust company or financial institution with regard to the administration or disposition of the specified assets;

ja-jp	二　信託期間中の金銭の分配について、あらかじめ定められた金額（あらかじめ定められた金額が得られるものとして政令で定める方法により計算されるものを含む。）の分配を受ける種類の受益権（以下この項において「社債的受益権」という。）を定める場合には、当該社債的受益権の元本があらかじめ定められた時期に償還されるものであること、当該社債的受益権に係る受益証券の権利者が権利者集会の決議（次に掲げるものを除く。）について議決権を有しないことその他政令で定める条件
en-us	(ii) if the agreement provides for a class of beneficial interest for which a predetermined amount (or an amount calculated by the method that Cabinet Order prescribes as resulting in obtaining a predetermined amount) of monies are to be distributed during the trust period (hereinafter referred to as a "bond-type beneficial interest" in this paragraph), that the principal of the bond-type beneficial interest will be redeemed at a pre-determined time and that the holders of beneficiary certificates representing those bond-type beneficial interests are not entitled to vote on resolutions (other than those set forth in the following items) at a meeting of interest holders and any other conditions specified by Cabinet Order:

ja-jp	イ　第二百六十九条第一項第一号の承諾を行う権利者集会の決議
en-us	(a) a resolution at a meeting of interest holders granting the approval referred to in Article 269, paragraph (1), item (i);

ja-jp	ロ　第二百七十三条第一項の権利者集会の決議
en-us	(b) a resolution at a meeting of interest holders referred to in Article 273, paragraph (1);

ja-jp	ハ　第二百七十四条第一項の権利者集会の決議
en-us	(c) a resolution at a meeting of interest holders referred to in Article 274, paragraph (1);

ja-jp	ニ　第二百七十五条第一項（第二百七十九条第三項において準用する場合を含む。）の承認を行う権利者集会の決議
en-us	(d) a resolution at a meeting of interest holders granting the approval referred to in Article 275, paragraph (1) (including as applied mutatis mutandis pursuant to Article 279, paragraph (3));

ja-jp	ホ　第二百七十六条第一項の権利者集会の決議
en-us	(e) a resolution at a meeting of interest holders referred to in Article 276, paragraph (1); and

ja-jp	ヘ　預金保険法（昭和四十六年法律第三十四号）第百三十二条の二第一項の承認を行う権利者集会の決議
en-us	(f) a resolution at a meeting of interest holders granting the approval referred to in Article 132-2, paragraph (1) of the Deposit Insurance Act (Act No. 34 of 1971).

ja-jp	三　社債的受益権であって、当該社債的受益権に係る特定目的信託契約に原委託者が特定資産を買い戻さなければならない旨の条件が付されているものその他の原委託者の信用状態が投資者の投資判断に重要な影響を及ぼすものとして内閣府令で定めるもの（第二百三十四条第五項第一号において「特別社債的受益権」という。）を定める場合には、原委託者は、その信用状態に係る事由が発生し、又は発生するおそれがあるときは、遅滞なく、その旨を受託信託会社等に通知しなければならないこと。
en-us	(iii) if the specified purpose trust agreement provides for bond-type beneficial interest subject to the condition that the originator must re-purchase the specified assets under the agreement which are associated with the bond-type beneficial interest or provides for any other bond-type beneficial interest that Cabinet Office Order prescribes as those that the credit status of the originator of which may have significant impact on investors' investment decisions (referred to as "special bond-type beneficial interest" in Article 234, paragraph (5), item (i)), that the originator is required to notify the trustee trust company or financial institution of the occurrence or possible occurrence of an event related to its credit status without delay.

ja-jp	２　信託法第九章（限定責任信託の特例）の規定は、特定目的信託については、適用しない。
en-us	(2) The provisions of Chapter IX (Special Provisions on Limited Liability Trusts) of the Trust Act do not apply to specified purpose trusts.

ja-jp	（資金の借入れ及び費用の負担）
en-us	(Borrowing of Funds and Bearing of Costs)

ja-jp	第二百三十一条　受託信託会社等は、資金の借入れの限度額又は負担することができる費用（第二百四十七条、第二百四十八条（第二百五十三条において準用する場合を含む。）、第二百五十八条（第二百六十条第五項において準用する場合であって、あらかじめ特定目的信託契約の定めにより信託財産に関して負担するものとされたときを含む。）及び第二百七十一条第三項の規定により信託財産に関して負担する費用として受託信託会社等が負担する費用を除く。）の総額が資産信託流動化計画において定められている場合その他受益証券の権利者の保護に反しない場合として内閣府令で定める場合を除き、特定目的信託の信託事務を処理するための資金の借入れ又は費用の負担をしてはならない。
en-us	Article 231 A trustee trust company or financial institution must not borrow funds nor bear the costs for administering trust affairs associated with a specified purpose trust unless the limit on the amount of funds that it may borrow or the total amount of costs that it may bear (other than those that the trustee trust company or financial institution bears as a cost that it is to bear in connection with the trust property pursuant to the provisions of Article 247, Article 248 (including as applied mutatis mutandis pursuant to Article 253), Article 258 (including as applied mutatis mutandis pursuant to Article 260, paragraph (5), if those costs have been prescribed in the specified purpose trust agreement in advance as costs it is to bear in connection with the trust property), and Article 271, paragraph (3)) is provided for in the asset trust securitization plan, or in a case that Cabinet Office Order prescribes as one in which its doing so does not jeopardize the protection of the holders of beneficiary certificates.

ja-jp	（金銭の運用方法）
en-us	(Means of Investing Money)

ja-jp	第二百三十二条　特定目的信託の信託財産に属する金銭の運用方法に関しては、次の方法によらなければならない。
en-us	Article 232 Monies that are among the trust property of a specified purpose trust must be invested by the following means:

ja-jp	一　国債その他内閣総理大臣の指定する有価証券の保有
en-us	(i) through holding Japanese government bonds or securities designated by the Prime Minister; and

ja-jp	二　その他内閣府令で定める方法
en-us	(ii) by other means that Cabinet Office Order prescribes.

ja-jp	第二節　受益権の譲渡等
en-us	Section 2 Transferring Beneficial Interests

ja-jp	（受益権の譲渡）
en-us	(Transferring Beneficial Interests)

ja-jp	第二百三十三条　特定目的信託の受益権は、譲渡することができる。ただし、記名式の受益証券をもって表示される受益権については、特定目的信託契約において適格機関投資家（金融商品取引法第二条第三項第一号に規定する適格機関投資家をいう。）以外の者への譲渡を制限することを妨げない。
en-us	Article 233 A beneficial interest in a specified purpose trust may be transferred; provided, however, that this does not preclude a specified purpose trust agreement from placing restrictions on the transfer of a beneficial interest represented by beneficiary certificate in registered form to a person other than a qualified institutional investor (meaning a qualified institutional investor as defined in Article 2, paragraph (3), item (i) of the Financial Instruments and Exchange Act).

ja-jp	第二百三十四条　特定目的信託の受益権は、受益証券をもって表示しなければならない。
en-us	Article 234 (1) A beneficial interest in a specified purpose trust must be represented by a beneficiary certificate.

ja-jp	２　特定目的信託の受益権の譲渡は、受益証券をもってしなければならない。
en-us	(2) A beneficial interest in a specified purpose trust must be transferred using a beneficiary certificate.

ja-jp	３　受益証券は、無記名式とする。ただし、受益証券の権利者の請求により記名式とすることができる。
en-us	(3) Beneficiary certificates are to be in bearer form; provided, however, that a beneficiary certificate may be converted into registered form at the request of the beneficiary certificate holder.

ja-jp	４　記名式の受益証券は、受益証券の権利者の請求により無記名式とすることができる。ただし、特定目的信託契約に別段の定めをすることを妨げない。
en-us	(4) A beneficiary certificate in registered form may be converted into bearer form at the request of the beneficiary certificate holder; provided, however, that this does not preclude a specified purpose trust agreement from providing otherwise.

ja-jp	５　受益証券は、その番号、発行の年月日及び次に掲げる事項を記載し、受託信託会社等を代表する役員がこれに署名し、又は記名押印しなければならない。
en-us	(5) The serial number, the date of issuance, and the following information must be entered in a beneficiary certificate, and an officer representing the trustee trust company or financial institution must sign it or affix their name and personal seal to it:

ja-jp	一　特定目的信託の受益証券である旨（当該受益証券が特別社債的受益権に係るものであるときは、その旨を含む。）
en-us	(i) an indication that it is a beneficiary certificate for a specified purpose trust (and if the beneficial certificate is for a special bond-type beneficial interest, an indication of this);

ja-jp	二　原委託者及び受託信託会社等の氏名又は名称及び住所
en-us	(ii) the names and addresses of the originator and the trustee trust company or financial institution;

ja-jp	三　記名式の受益証券については、受益証券の権利者の氏名又は名称
en-us	(iii) if the beneficiary certificate is in registered form, the name of the beneficiary certificate holder;

ja-jp	四　受益権の元本持分若しくは利益持分又は元本持分若しくは利益持分の計算に係る特定目的信託契約の定め
en-us	(iv) the share of principal or share of interest associated with the beneficial interest, or the provisions of the specified purpose trust agreement concerning the calculation of the share of principal or share of interest;

ja-jp	五　前号以外の受益権の内容
en-us	(v) the details of the beneficial interest other than as referred to in the preceding item;

ja-jp	六　特定目的信託契約の期間
en-us	(vi) the period of the specified purpose trust agreement;

ja-jp	七　受託信託会社等に対する費用の償還及び損害の補償に関する特定目的信託契約の定め
en-us	(vii) the provisions of the specified purpose trust agreement concerning reimbursement of costs and compensation for damages to the trustee trust company or financial institution;

ja-jp	八　信託報酬の計算方法並びにその支払の方法及び時期
en-us	(viii) the particulars of how the trust fee is calculated and how and when it is to be paid;

ja-jp	九　記名式の受益証券をもって表示される受益権について譲渡の制限があるときは、その旨及びその内容
en-us	(ix) if there is a restriction on the transfer of a beneficial interest represented by a beneficiary certificate in registered form, an indication of this and its details;

ja-jp	十　権利の行使に関する特定目的信託契約の定め（代表権利者及び特定信託管理者に係る事項を含む。）
en-us	(x) the provisions of the specified purpose trust agreement concerning the exercise of rights (including information about the representative interest holder and the specified trust administrator); and

ja-jp	十一　その他内閣府令で定める事項
en-us	(xi) other information that Cabinet Office Order prescribes.

ja-jp	６　受益証券を占有する者は、適法にこれを所持しているものと推定する。
en-us	(6) A person in possession of a beneficiary certificate is presumed to be its lawful owner.

ja-jp	（受益権の移転の対抗要件）
en-us	(Requirements to Duly Assert Transfers of Beneficial Interests against Third Parties)

ja-jp	第二百三十五条　受益権の移転は、受益証券の取得者の氏名又は名称及び住所並びに受益権の種類を権利者名簿に記載し、又は記録しなければ、受託信託会社等に対抗することができない。
en-us	Article 235 (1) The transfer of a beneficial interest may not be asserted against the trustee trust company or financial institution unless the name and address of the acquirer of the beneficiary certificate and the class of the beneficial interest have been entered or recorded in the beneficiary certificate holder register.

ja-jp	２　記名式の受益証券をもって表示される受益権の移転は、受益証券の取得者の氏名又は名称を受益証券に記載しなければ、第三者（受託信託会社等を除く。）に対抗することができない。
en-us	(2) The transfer of a beneficial interest represented by a beneficiary certificate in registered form may not be asserted against a third party (other than the trustee trust company or financial institution) unless the name of the acquirer of the beneficiary certificate have been entered in the beneficiary certificate.

ja-jp	３　受託信託会社等は、権利者名簿管理人（受託信託会社等に代わって権利者名簿の作成及び備置きその他の権利者名簿に関する事務を行う者をいう。以下同じ。）を置く旨を特定目的信託契約で定め、当該事務を行うことを委託することができる。
en-us	(3) A trustee trust company or financial institution may make provisions in the specified purpose trust agreement for employing an administrator for the beneficiary certificate holder register (meaning a person to handle the preparation and keeping of the beneficiary certificate holder register and other affairs associated with the register in lieu of the trustee trust company or financial institution; the same applies hereinafter), and may entrust the administrator with those affairs.

ja-jp	（権利者名簿の記載事項）
en-us	(Information Required to Be Entered in Beneficiary Certificate Holder Registers)

ja-jp	第二百三十六条　受託信託会社等は、権利者名簿に次に掲げる事項を記載し、又は記録しなければならない。
en-us	Article 236 (1) A trustee trust company or financial institution must enter or record the following information in the beneficiary certificate holder register:

ja-jp	一　受益証券の権利者の氏名又は名称及び住所
en-us	(i) the names and addresses of the beneficiary certificate holders;

ja-jp	二　各受益証券の権利者の有する受益権の種類及び元本持分又は利益持分
en-us	(ii) the class and share of principal or share of interest associated with the beneficial interest held by each beneficiary certificate holder;

ja-jp	三　各受益証券の権利者の有する受益証券の番号
en-us	(iii) the serial numbers of the beneficiary certificates held by each beneficiary certificate holder;

ja-jp	四　各受益証券の取得の年月日
en-us	(iv) the date of acquisition of each beneficiary certificate; and

ja-jp	五　その他内閣府令で定める事項
en-us	(v) other particulars that Cabinet Office Order prescribes.

ja-jp	２　信託法第百八十九条（第二項及び第五項を除く。）（基準日）、第百九十一条（第五項を除く。）（受益者に対する通知等）、第百九十七条（第四項を除く。）（受益者の請求によらない受益権原簿記載事項の記載又は記録）、第百九十八条（第三項を除く。）（受益者の請求による受益権原簿記載事項の記載又は記録）及び第二百三条（登録受益権質権者に対する通知等）並びに会社法第百二十四条第四項（基準日）の規定は、受益証券の権利者について準用する。この場合において、信託法第百八十九条第一項、第三項及び第四項ただし書中「基準日受益者」とあるのは「基準日権利者」と、同項中「官報に公告しなければ」とあるのは「公告しなければ」と、同項ただし書中「信託行為」とあるのは「特定目的信託契約」と、同法第二百三条第一項中「登録受益権質権者に」とあるのは「資産流動化法第二百三十九条第一項において準用する第二百一条第一項各号に掲げる事項が権利者名簿に記載され、又は記録された質権者に」と、「当該登録受益権質権者」とあるのは「当該質権者」と、会社法第百二十四条第四項中「基準日株主」とあるのは「基準日権利者」と、「株主総会又は種類株主総会」とあるのは「権利者集会又は種類権利者集会」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 189 (excluding paragraphs (2) and (5)) (Record Date); Article 191 (excluding paragraph (5)) (Notices to Beneficiaries); Article 197 (excluding paragraph (4)) (Entering or Recording Information Required to Be Entered in Beneficial Interest Register without Being Requested by Beneficiary); Article 198 (excluding paragraph (3)) (Entering or Recording Information Required to Be Entered in Beneficial Interest Register as Requested by Beneficiary); and Article 203 (Notices to Registered Pledgees of a Beneficial Interest, etc.) of the Trust Act and the provisions of Article 124, paragraph (4) (Record Date) of the Companies Act apply mutatis mutandis to a beneficiary certificate holder. In such a case, the term "beneficiaries on the record date" in Article 189, paragraphs (1) and (3) and the proviso to paragraph (4) of the Trust Act is deemed to be replaced with "holders on the record date"; the term "give public notice in an Official Gazette" in that paragraph is deemed to be replaced with "issue public notice"; the term "act of trust" in the proviso to that paragraph is deemed to be replaced with "specified purpose trust agreement"; the term "to registered pledgees of beneficial interest" in Article 203, paragraph (1) of that Act is deemed to be replaced with "the pledgees for which the information set forth in the items of Article 201, paragraph (1) as applied mutatis mutandis pursuant to Article 239, paragraph (1) of the Asset Securitization Act has been entered or recorded in the beneficiary certificate holder register"; the term "the registered pledgees of beneficial interest" in that paragraph is deemed to be replaced with "those pledges"; the term "shareholders on the record date" in Article 124, paragraph (4) of the Companies Act is deemed to be replaced with "holders on the reference date"; the term "shareholders meeting or class meeting" in that paragraph is deemed to be replaced with "meeting of interest holders or class meeting of interest holders"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	３　前項において準用する信託法第百八十九条（第二項及び第五項を除く。）の規定は、第二百三十九条第一項において準用する同法第二百一条第一項各号に掲げる事項が権利者名簿に記載され、又は記録された質権者について準用する。
en-us	(3) The provisions of Article 189 (excluding paragraphs (2) and (5)) of the Trust Act as applied mutatis mutandis pursuant to the preceding paragraph apply mutatis mutandis to pledgees for which the information set forth in the items of Article 201, paragraph (1) of that Act as applied mutatis mutandis pursuant to Article 239, paragraph (1) has been entered or recorded in the beneficiary certificate holder register.

ja-jp	（委託者の地位の承継）
en-us	(Succession to the Status of Settlor)

ja-jp	第二百三十七条　受益証券を取得する者は、その取得により、当該受益証券によって表示される受益権に係る元本持分の割合に応じて当該受益証券に係る特定目的信託契約の委託者の地位を承継するものとする。ただし、特定目的信託契約に基づく原委託者の義務については、特定目的信託契約に別段の定めがある場合には、この限りでない。
en-us	Article 237 Through the acquisition of a beneficiary certificate, the person acquiring the certificate is to succeed to the status of a settlor under the specified purpose trust agreement connected with that beneficiary certificate, in accordance with the proportion of the share of principal associated with the beneficial interest represented by the beneficiary certificate; provided, however, that this does not apply to the obligations of the originator under the specified purpose trust agreement if the specified purpose trust agreement provides otherwise with regard to those obligations.

ja-jp	（受益証券の喪失）
en-us	(Loss of Beneficiary Certificates)

ja-jp	第二百三十八条　受益証券は、非訟事件手続法（平成二十三年法律第五十一号）第百条に規定する公示催告手続によって無効とすることができる。
en-us	Article 238 (1) A beneficiary certificate may be invalidated through the public notification proceedings prescribed in Article 100 of the Non-Contentious Cases Procedures Act (Act No. 51 of 2011).

ja-jp	２　受益証券を喪失した者は、非訟事件手続法第百六条第一項に規定する除権決定を得た後でなければ、その再発行を請求することができない。
en-us	(2) A person that loses a beneficiary certificate may not request its reissuance until after obtaining an order of nullification of the right prescribed in Article 106, paragraph (1) of the Non-Contentious Cases Procedures Act.

ja-jp	３　受益証券を喪失した者が非訟事件手続法第百十四条に規定する公示催告の申立てをしたときは、当該受益証券を喪失した者は、相当の担保を供して、受託信託会社等に当該受益証券に係る債務を履行させることができる。
en-us	(3) Once a person that has lost a beneficiary certificate files a petition for public notification prescribed in Article 114 of the Non-Contentious Cases Procedures Act, the person that has lost the beneficiary certificate may provide suitable collateral and have the trustee trust company or financial institution perform the obligations associated with the beneficiary certificate.

ja-jp	（受益権についての信託法の準用等）
en-us	(Application, Mutatis Mutandis, of the Trust Act to Beneficial Interest)

ja-jp	第二百三十九条　信託法第百九十三条（共有者による権利の行使）、第百九十六条第二項（権利の推定等）、第百九十九条（受益証券の発行された受益権の質入れ）、第二百条第一項（受益証券発行信託における受益権の質入れの対抗要件）、第二百一条第一項（質権に関する受益権原簿の記載等）、第二百四条（受益権の併合又は分割に係る受益権原簿の記載等）及び第二百八条（第七項を除く。）（受益証券不所持の申出）の規定は、特定目的信託の受益権について準用する。この場合において、同法第百九十九条及び第二百条第一項中「受益証券発行信託の受益権（第百八十五条第二項の定めのある受益権を除く。）」とあるのは「特定目的信託の受益権」と、同法第二百一条第一項中「受益証券発行信託の受益権」とあるのは「特定目的信託の受益権」と、同法第二百八条第一項中「受益証券発行信託の受益者」とあるのは「受益証券の権利者」と、同条第二項中「受益権の内容」とあるのは「特定目的信託の受益権の元本持分（種類の異なる受益権を定めた場合にあっては、受益権の種類及び種類ごとの元本持分又は利益持分）」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 239 (1) The provisions of Article 193 (Exercise of Rights by Co-owners); Article 196, paragraph (2) (Presumption of Rights); Article 199 (Pledge of a Beneficial Interest for which Beneficiary Securities Have Been Issued); Article 200, paragraph (1) (Perfection of Pledges of a Beneficial Interest in Trust for which Beneficiary Securities Have Been Issued); Article 201, paragraph (1) (Statements in the Beneficial Interest Register Concerning Pledges); Article 204 (Statements in Beneficial Interest Register Pertaining to the Consolidation or Division of Beneficial Interest); and Article 208 (excluding paragraph (7)) (Offers Not to Hold Beneficiary Securities) of the Trust Act apply mutatis mutandis to beneficial interest in a specified purpose trust. In such a case, the phrase "beneficial interest in a trust for which beneficiary securities have been issued (excluding beneficial interest under the provisions set forth in Article 185, paragraph (2))" in Article 199 and Article 200, paragraph (1) of the Trust Act is deemed to be replaced with "beneficial interest in a specified purpose trust"; the phrase "beneficial interest in a trust for which beneficiary securities have been issued" in Article 201, paragraph (1) of that Act is deemed to be replaced with "beneficial interest in a specified purpose trust"; the phrase "beneficiaries of a trust for which beneficiary securities have been issued" in Article 208, paragraph (1) of that Act is deemed to be replaced with "beneficiary certificate holders"; the term "details of the beneficial interest" in paragraph (2) of that Article is deemed to be replaced with "share of principal associated with the beneficial interest in the specified purpose trust (or, if multiple classes of beneficial interest are provided for, the classes of beneficial interest and the share of principal or share of interest for each class)"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	２　前項において準用する信託法第二百八条第一項から第五項までの規定により受益証券を発行しない場合におけるこの法律の規定の適用については、当該受益証券に表示されるべき特定目的信託の受益権の権利者は、受益証券の権利者とみなすほか、第二百八十六条の規定の適用については、当該受益証券に表示されるべき特定目的信託の受益権は、受益証券とみなす。
en-us	(2) To apply the provisions of this Act to a case in which, pursuant to the provisions of Article 208, paragraphs (1) through (5) of the Trust Act as applied mutatis mutandis pursuant to the preceding paragraph, a beneficiary certificate is not issued, the holder of the beneficial interest in the specified purpose trust that is to be represented by the beneficiary certificate is deemed to be the beneficiary certificate holder, and to apply the provisions of Article 286, the beneficial interest in the specified purpose trust that is to be represented by the beneficiary certificate is deemed to be the beneficiary certificate.

ja-jp	第三節　受益証券の権利者の権利
en-us	Section 3 Rights of Beneficiary Certificate Holders

ja-jp	第一款　権利者集会
en-us	Subsection 1 Meetings of Interest Holders

ja-jp	（権利者集会）
en-us	(Meetings of Interest Holders)

ja-jp	第二百四十条　特定目的信託の受益者及び委託者の権利（特定目的信託契約により受託信託会社等が受益者に対して負担する債務の弁済を受領する権利を除く。）は、権利者集会のみが行使することができる。
en-us	Article 240 (1) The rights of the beneficiaries and the settlor of a specified purpose trust (other than the right to receive repayment for the debts that the trustee trust company or financial institution owes to the beneficiaries under the specified purpose trust agreement) may be exercised only at a meeting of interest holders.

ja-jp	２　前項の権利の行使は、その決議によらなければならない。
en-us	(2) The exercise of a right referred to in the preceding paragraph must be based on a resolution to exercise it.

ja-jp	３　信託法第四章第三節（二人以上の受益者による意思決定の方法の特例）の規定は、特定目的信託については、適用しない。
en-us	(3) The provisions of Chapter IV, Section 3 (Special Provisions on Decision-Making Methods Involving Two or More Beneficiaries) of the Trust Act do not apply to a specified purpose trust.

ja-jp	第二百四十一条　権利者集会は、法令又は特定目的信託契約において権利者集会の議決を要する事項として定められたもののほか、決議をすることができない。
en-us	Article 241 A matter other than one that is prescribed by a law or regulation or the specified purpose trust agreement as requiring a resolution at a meeting of interest holders may not be resolved at a meeting of interest holders.

ja-jp	第二百四十二条　権利者集会は、受託信託会社等、代表権利者又は特定信託管理者が招集する。
en-us	Article 242 (1) A meeting of interest holders is convened by the trustee trust company or financial institution, the representative interest holder, or the specified trust administrator.

ja-jp	２　権利者集会を招集するには、その会日の二週間前に、各受益証券の権利者（議決権を有する者に限る。）に対して、書面をもって招集の通知を発しなければならない。
en-us	(2) To convene a meeting of interest holders, the convener must send a notice of convocation in writing to each beneficiary certificate holder (but only those that are entitled to vote) two weeks prior to the date of the meeting.

ja-jp	３　招集者は、前項の書面による通知の発出に代えて、政令で定めるところにより、同項の通知を受けるべき者の承諾を得て、電磁的方法により通知を発することができる。この場合において、当該招集者は、同項の書面による通知を発したものとみなす。
en-us	(3) In lieu of sending a written notice as referred to in the preceding paragraph, a convener may send the notice by electronic or magnetic means, pursuant to the provisions of Cabinet Order, with the consent of the persons that are required to receive the notice referred to in the preceding paragraph. In such a case, the convener is deemed to have sent the written notice referred to in the preceding paragraph.

ja-jp	４　前二項の通知には、会議の目的たる事項並びに各受益証券の権利者が有する議決権の数及び議決権の総数又は各受益証券の権利者が有する議決権の割合を記載し、又は記録しなければならない。
en-us	(4) The subject of the meeting and the number of voting rights held by each beneficiary certificate holder must be entered or recorded in the notice referred to in the preceding two paragraphs, as well as the total number of voting rights or the proportion of voting rights held by each beneficiary certificate holder.

ja-jp	５　信託法第百八条（受益者集会の招集の決定）及び第百九十一条（第五項を除く。）（受益者に対する通知等）並びに会社法第七百十八条第一項及び第三項（社債権者による招集の請求）の規定は、権利者集会の招集について準用する。この場合において、信託法第百八条第三号中「受益者が」とあるのは「受益証券の権利者が」と、「法務省令」とあるのは「内閣府令」と、同条第四号中「法務省令」とあるのは「内閣府令」と、同法第百九十一条第一項中「受益証券発行信託の受託者が受益者に対してする通知又は催告」とあるのは「受託信託会社等が資産流動化法第二百四十二条第二項又は第三項の規定により各受益証券の権利者（議決権を有する者に限る。）に対して発する通知」と、「受益権原簿」とあるのは「権利者名簿」と、「当該受益者」とあるのは「当該権利者」と、「通知又は催告を」とあるのは「通知を」と、「当該受託者」とあるのは「当該受託信託会社等」と、同条第二項中「通知又は催告」とあるのは「通知」と、同条第三項中「受益証券発行信託の受益権」とあるのは「受益証券」と、「受益証券発行信託の受託者」とあるのは「受託信託会社等」と、「受益者」とあるのは「受益証券の権利者」と、「通知又は催告」とあるのは「通知」と、「当該受託者」とあるのは「当該受託信託会社等」と、同条第四項中「受益証券発行信託の受託者」とあるのは「受託信託会社等」と、「受益権」とあるのは「受益証券」と、「通知又は催告」とあるのは「通知」と、会社法第七百十八条第一項中「ある種類の社債の総額（償還済みの額を除く。）」とあるのは「総元本持分」と、「社債を」とあるのは「特定目的信託の受益権を」と、「社債権者は」とあるのは「受益証券の権利者は」と、「社債発行会社、社債管理者又は社債管理補助者」とあるのは「受託信託会社等、代表権利者又は特定信託管理者」と、同条第三項中「社債権者は」とあるのは「受益証券の権利者は」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	(5) The provisions of Article 108 (Decision to Call a Beneficiaries Meeting) and Article 191 (excluding paragraph (5)) (Notice to Beneficiaries) of the Trust Act and the provisions of Article 718, paragraphs (1) and (3) (Demand for Calling Meeting by Bondholders) of the Companies Act apply mutatis mutandis to the convocation of a meeting of interest holders. In this case, the term "a beneficiary" in Article 108, item (iii) of the Trust Act is deemed to be replaced with "a holder of beneficiary certificate"; the term "Order of the Ministry of Justice" in that item is deemed to be replaced with "Cabinet Office Order"; the term "Order of the Ministry of Justice" in item (iv) is deemed to be replaced with "Cabinet Office Order"; the phrase "notice or a demand letter from the trustee of a trust with certificates of beneficial interest to a beneficiary" in Article 191, paragraph (1) of that Act is deemed to be replaced with "notice sent from the trustee trust company or financial institution to each beneficiary certificate holder (but only those that are entitled to vote) pursuant to Article 242, paragraph (2) or (3) of the Asset Securitization Act"; the term "beneficial interest register" in that paragraph is deemed to be replaced with "beneficiary certificate holder register"; the term "the beneficiary" in that paragraph is deemed to be replaced with "the interest holder"; the term "receiving notices or demand letters" in that paragraph is deemed to be replaced with "receiving notices"; the term "the trustee" in that paragraph is deemed to be replaced with "the trustee trust company or financial institution"; the term "notice or demand letter" in paragraph (2) of that Article is deemed to be replaced with "notice"; the phrase "beneficial interest in the trust with certificates of beneficial interest" in paragraph (3) of that Article is deemed to be replaced with "beneficiary certificate"; the term "trustee of a trust with certificates of beneficial interest" in that paragraph is deemed to be replaced with "trustee trust company or financial institution"; the term "a beneficiary" in that paragraph is deemed to be replaced with "beneficiary certificate holders"; the term "notice or demand letter" in that paragraph is deemed to be replaced with "notice"; the term "the trustee" in that paragraph is deemed to be replaced with "the trustee trust company or financial institution"; the term "trustee of a trust with certificates of beneficial interest" in paragraph (4) of that Article is deemed to be replaced with "trustee trust company or financial institution"; the term "beneficial interest" in that paragraph is deemed to be replaced with "beneficiary certificate"; the term "notice or demand letter" in that paragraph is deemed to be replaced with "notice"; the phrase "the total amount of bonds of a certain class (excluding bonds that have been redeemed)" in Article 718, paragraph (1) of the Companies Act is deemed to be replaced with "the total share of principal"; the term "bond" in that paragraph is deemed to be replaced with "beneficial interest of a specified purpose trust"; the term "the bond-issuing company, bond manager or assistant bond manager" in that paragraph is deemed to be replaced with "the trustee trust company or financial institution, representative interest holder, or specified trust administrator"; the term "bondholder" in paragraph (3) of that Article is deemed to be replaced with "beneficiary certificate holder"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	６　会社法第八百六十八条第四項（非訟事件の管轄）、第八百六十九条（疎明）、第八百七十一条（理由の付記）、第八百七十四条（第四号に係る部分に限る。）（不服申立ての制限）、第八百七十五条（非訟事件手続法の規定の適用除外）及び第八百七十六条（最高裁判所規則）の規定は、前項において準用する同法第七百十八条第三項の規定による権利者集会の招集について準用する。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 868, paragraph (4) (Jurisdiction over Non-Contentious Cases); Article 869 (Prima Facie Showing); Article 871 (Appending of the Reason); Article 874 (but only the part that involves item (iv)) (Restrictions on Appeal); Article 875 (Exclusion from Application of the Provisions of the Non-Contentious Cases Procedures Act); and Article 876 (Supreme Court Rules) of the Companies Act apply mutatis mutandis to the convocation of a meeting of interest holders under the provisions of Article 718, paragraph (3) of that Act as applied mutatis mutandis pursuant to the preceding paragraph. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	（決議の方法）
en-us	(Method of Passing Resolutions)

ja-jp	第二百四十三条　権利者集会の決議は、この法律又は特定目的信託契約に別段の定めがある場合を除き、総元本持分の二分の一を超える元本持分を有する受益証券の権利者が出席し、かつ、その議決権の過半数をもって行わなければならない。
en-us	Article 243 (1) Unless otherwise provided for in this Act or the specified purpose trust agreement, a resolution at a meeting of interest holders must be passed by the majority vote of the beneficiary certificate holders attending the meeting, where those beneficiary certificate holders in attendance hold more than half of the total shares of principal.

ja-jp	２　権利者集会の特定の決議について議決権を行使することのできない受益証券の権利者が有する元本持分は、これを前項の受益証券の権利者の元本持分に算入しない。
en-us	(2) The shares of principal held by beneficiary certificate holders not entitled to vote on specific resolutions at a meeting of interest holders are not to be included in the calculation of the shares of principal of beneficiary certificate holders referred to in the preceding paragraph.

ja-jp	３　第六十二条の規定は、権利者集会の決議の方法について準用する。この場合において、同条第一項中「定款」とあるのは「特定目的信託契約」と、「有議決権事項に係る議案」とあるのは「議案」と、同条第二項中「第五十六条第一項」とあるのは「第二百四十二条第二項又は第三項」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	(3) The provisions of Article 62 apply mutatis mutandis to how resolutions are passed at a meeting of interest holders. In such a case, the term "articles of incorporation" in paragraph (1) of that Article is deemed to be replaced with "specified purpose trust agreement"; the phrase "proposal concerning a matter subject to inclusive voting" in that paragraph is deemed to be replaced with "proposal"; the term "Article 56, paragraph (1)" in paragraph (2) of that Article is deemed to be replaced with "Article 242, paragraph (2) or (3)"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（議決権の数）
en-us	(Number of Votes)

ja-jp	第二百四十四条　各受益証券の権利者は、その有する受益権の元本持分に応じて議決権を有する。
en-us	Article 244 (1) A beneficiary certificate holder is entitled to vote in proportion to the share of principal of the beneficial interest held by them.

ja-jp	２　前項の規定にかかわらず、受託信託会社等は、その固有財産として有する受益権については、議決権を有しない。
en-us	(2) Notwithstanding the provisions of the preceding paragraph, a trustee trust company or financial institution is not entitled to vote in connection with beneficial interest it holds as its own asset.

ja-jp	３　第一項の規定は、特定目的信託契約に別段の定めをすることを妨げない。
en-us	(3) The provisions of paragraph (1) do not preclude the specified purpose trust agreement from providing otherwise.

ja-jp	（書面又は電磁的方法による議決権の行使）
en-us	(Voting in Writing or by Electronic or Magnetic Means)

ja-jp	第二百四十五条　権利者集会に出席しない受益証券の権利者は、書面によって議決権を行使することができる。
en-us	Article 245 (1) A beneficiary certificate holder not attending a meeting of interest holders may vote in writing.

ja-jp	２　信託法第百十条第一項及び第二項（受益者集会参考書類及び議決権行使書面の交付等）、第百十五条第二項及び第三項（書面による議決権の行使）並びに第百十六条（電磁的方法による議決権の行使）並びに会社法第三百十一条第三項から第五項まで（書面による議決権の行使）及び第三百十二条第四項から第六項まで（電磁的方法による議決権の行使）の規定は、前項の書面による議決権の行使について準用する。この場合において、信託法第百十条第一項中「招集者は、前条第一項」とあるのは「特定目的信託にあっては、招集者は、権利者集会の招集」と、「法務省令」とあるのは「内閣府令」と、「知れている受益者」とあるのは「受益証券の権利者」と、「受益者集会参考書類」とあるのは「権利者集会参考書類」と、「受益者が」とあるのは「受益証券の権利者が」と、同条第二項中「前条第二項」とあるのは「資産流動化法第二百四十二条第三項」と、「受益者に」とあるのは「受益証券の権利者に」と、「受益者集会参考書類」とあるのは「権利者集会参考書類」と、「受益者の」とあるのは「受益証券の権利者の」と、同法第百十五条第二項及び第百十六条第一項中「法務省令」とあるのは「内閣府令」と、同条第二項中「受益者」とあるのは「受益証券の権利者」と、「第百九条第二項」とあるのは「資産流動化法第二百四十二条第三項」と、会社法第三百十一条第三項中「株主総会」とあるのは「権利者集会」と、「第一項」とあるのは「資産流動化法第二百四十五条第二項において準用する信託法第百十五条第二項」と、同条第四項及び第五項中「株主」とあるのは「受益証券の権利者」と、「第一項」とあるのは「資産流動化法第二百四十五条第二項において準用する信託法第百十五条第二項」と、同法第三百十二条第四項中「株主総会」とあるのは「権利者集会」と、「第一項」とあるのは「資産流動化法第二百四十五条第二項において準用する信託法第百十六条第一項」と、同条第五項及び第六項中「株主」とあるのは「受益証券の権利者」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 110, paragraphs (1) and (2) (Provision of Voting Forms and Reference Documents for a Beneficiaries Meeting); Article 115, paragraphs (2) and (3) (Voting in Writing); and Article 116 (Voting by Electronic or Magnetic Means) of the Trust Act, and the provisions of Article 311, paragraphs (3) through (5) (Voting in Writing) and Article 312, paragraphs (4) through (6) (Voting by Electronic or Magnetic Means) of the Companies Act apply mutatis mutandis to voting in writing referred to in the preceding paragraph. In such a case, the phrase "Upon issuing a notice set forth in paragraph (1) of the preceding Article, a convener" in Article 110, paragraph (1) of the Trust Act is deemed to be replaced with "If a trust is a specified purpose trust, the convener, when issuing a convocation notice for a meeting of interest holders"; the term "Order of the Ministry of Justice" in that paragraph is deemed to be replaced with "Cabinet Office Order"; the term "known beneficiary" in that paragraph is deemed to be replaced with "known beneficiary certificate holders"; the term "reference documents for beneficiaries meeting" in that paragraph is deemed to be replaced with "reference documents for meeting of interest holders"; the term "beneficiary" in that paragraph is deemed to be replaced with "beneficiary certificate holders"; the term "paragraph (2) of the preceding Article" in paragraph (2) of that Article is deemed to be replaced with "Article 242, paragraph (3) of the Asset Securitization Act"; the term "beneficiary" in that paragraph is deemed to be replaced with "beneficiary certificate holder"; the term "reference documents for beneficiaries meeting" in that paragraph is deemed to be replaced with "reference documents for meeting of interest holders"; the term "beneficiary" in that paragraph is deemed to be replaced with "beneficiary certificate holder"; the term "Order of the Ministry of Justice" in Article 115, paragraph (2) and Article 116, paragraph (1) of that Act is deemed to be replaced with "Cabinet Office Order"; the term "beneficiary in paragraph (2) of that Article is deemed to be replaced with "beneficiary certificate holder"; the term "Article 109, paragraph (2)" in that paragraph is deemed to be replaced with "Article 242, paragraph (3) of the Asset Securitization Act"; the term "shareholders meeting" in Article 311, paragraph (3) of the Companies Act is deemed to be replaced with "meeting of interest holders"; the term "paragraph (1)" in that paragraph is deemed to be replaced with "Article 115, paragraph (2) of the Trust Act as applied mutatis mutandis pursuant to Article 245, paragraph (2) of the Asset Securitization Act"; the term "shareholders" in paragraphs (4) and (5) of that Article is deemed to be replaced with "beneficiary certificate holders"; the term "paragraph (1)" in that paragraph is deemed to be replaced with "Article 115, paragraph (2) of the Trust Act as applied mutatis mutandis pursuant to Article 245, paragraph (2) of the Asset Securitization Act"; the term "shareholders meeting" in Article 312, paragraph (4) of that Act is deemed to be replaced with "meeting of interest holders"; the term "paragraph (1)" in that paragraph is deemed to be replaced with "Article 116, paragraph (1) of the Trust Act as applied mutatis mutandis pursuant to Article 245, paragraph (2) of the Asset Securitization Act"; the term "shareholders" in paragraphs (5) and (6) of that Article is deemed to be replaced with "beneficiary certificate holders"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（決議の執行）
en-us	(Execution of Resolutions)

ja-jp	第二百四十六条　権利者集会の決議は、代表権利者又は特定信託管理者が定められているときは代表権利者又は特定信託管理者が、代表権利者及び特定信託管理者が定められていないときは権利者集会の決議により定められた者が執行する。
en-us	Article 246 (1) A resolution at a meeting of interest holders is executed by the representative interest holder or specified trust administrator if there is such a person, and executed by the person specified by resolution at a meeting of interest holders if there is no representative interest holder or specified trust administrator.

ja-jp	２　会社法第七百八条（社債管理者等の行為の方式）及び第七百九条第一項（二以上の社債管理者がある場合の特則）の規定は、前項の権利者集会の決議により定められた者について準用する。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 708 (Method of Acts of Bond Managers) and Article 709, paragraph (1) (Special Provisions for Multiple Bond Managers) of the Companies Act apply mutatis mutandis to the person specified by resolution at a meeting of interest holders referred to in the preceding paragraph. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	（権利者集会の決議の執行者の報酬、費用、利息及び損害額の負担）
en-us	(Bearing of Remuneration, Costs, Interest, and Amount of Damages Related to Persons Who Execute Resolutions at Meetings of Interest Holders)

ja-jp	第二百四十七条　前条第一項の権利者集会の決議により定められた者に対して与えるべき報酬、その事務処理のために要する費用及びその支出の日以後における利息並びにその事務処理のために自己の過失なくして受けた損害の賠償額は、信託財産に関して負担する費用として受託信託会社等の負担とする。
en-us	Article 247 Remuneration that is to be given to the person specified by resolution at a meeting of interest holders referred to in paragraph (1) of the preceding Article, the costs required for that person to administer affairs, the interest that accrues beginning on the day of their expenditure, and compensation for damage incurred by that person for administering the affairs in the absence of negligence are borne by the trustee trust company or financial institution as costs that it is to bear in connection with the trust property.

ja-jp	（費用の負担）
en-us	(Bearing of Costs)

ja-jp	第二百四十八条　権利者集会に関する費用は、信託財産に関して負担する費用として受託信託会社等の負担とする。
en-us	Article 248 (1) The costs of a meeting of interest holders are borne by the trustee trust company or financial institution as costs that it is to bear in connection with the trust property.

ja-jp	２　次条において準用する会社法第七百三十二条の申立てに関する費用は、信託財産に関して負担する費用として受託信託会社等の負担とする。ただし、裁判所は、利害関係人の申立てにより又は職権で、その全部又は一部について別に負担者を定めることができる。
en-us	(2) The costs associated with a petition referred to in Article 732 of the Companies Act as applied mutatis mutandis pursuant to the following Article are borne by the trustee trust company or financial institution as costs that it is to bear in connection with the trust property; provided, however, that at the petition of an interested person or on its own authority, the court may specify another person to bear all or part of those costs.

ja-jp	（権利者集会に関する信託法及び会社法の準用）
en-us	(Application, Mutatis Mutandis, of the Trust Act and the Companies Act to Meetings of Interest Holders)

ja-jp	第二百四十九条　信託法第百十四条（議決権の代理行使）、第百十七条（議決権の不統一行使）、第百十八条第二項（受託者の出席等）、第百十九条（延期又は続行の決議）及び第百二十条（議事録）並びに会社法第三百十四条（取締役等の説明義務）、第三百十五条（議長の権限）、第七百三十一条（第一項を除く。）（議事録）、第七百三十二条から第七百三十五条の二まで（社債権者集会の決議の認可の申立て、社債権者集会の決議の不認可、社債権者集会の決議の効力、社債権者集会の決議の認可又は不認可の決定の公告、社債権者集会の決議の省略）及び第七百三十八条（代表社債権者等の解任等）の規定は、権利者集会について準用する。この場合において、信託法第百十四条第一項及び第三項中「受益者」とあるのは「受益証券の権利者」と、同条第四項中「受益者」とあるのは「受益証券の権利者」と、「第百九条第二項」とあるのは「資産流動化法第二百四十二条第三項」と、同法第百十七条第一項中「受益者は」とあるのは「受益証券の権利者は」と、同条第二項中「受益者」とあるのは「受益証券の権利者」と、「受益権」とあるのは「特定目的信託の受益権」と、同法第百十八条第二項中「受託者」とあるのは「受託信託会社等」と、「その出席」とあるのは「代表者又は代理人の出席」と、同法第百十九条中「第百八条及び第百九条」とあるのは「資産流動化法第二百四十二条」と、同法第百二十条中「法務省令」とあるのは「内閣府令」と、会社法第三百十四条中「取締役、会計参与、監査役及び執行役」とあるのは「受託信託会社等」と、「株主から」とあるのは「受益証券の権利者から」と、「株主の」とあるのは「受益証券の権利者の」と、同法第七百三十一条第二項中「社債発行会社」とあるのは「受託信託会社等」と、同条第三項中「社債管理者、社債管理補助者及び社債権者」とあるのは「代表権利者、特定信託管理者及び各受益証券の権利者」と、「社債発行会社」とあるのは「受託信託会社等」と、同法第七百三十三条第一号中「第六百七十六条の募集」とあるのは「受益証券の募集」と、「当該社債発行会社」とあるのは「受託信託会社等」と、同条第四号中「社債権者」とあるのは「受益証券の権利者」と、同法第七百三十四条第二項中「当該種類の社債」とあるのは「特定目的信託の受益権」と、「社債権者に」とあるのは「受益証券の権利者に」と、同法第七百三十五条中「社債発行会社」とあるのは「受託信託会社等」と、同法第七百三十五条の二第一項中「社債発行会社、社債管理者、社債管理補助者又は社債権者が社債権者集会の目的である事項について（社債管理補助者にあっては、第七百十四条の七において準用する第七百十一条第一項の社債権者集会の同意をすることについて）提案をした場合において、当該提案」とあるのは「決議の目的たる事項」と、「議決権者」とあるのは「受益証券の権利者（議決権を有する者に限る。）」と、「当該提案を」とあるのは「当該事項を」と、同条第二項中「社債発行会社」とあるのは「受託信託会社等」と、同条第三項中「社債管理者、社債管理補助者及び社債権者」とあるのは「代表権利者、特定信託管理者及び各受益証券の権利者」と、「社債発行会社」とあるのは「受託信託会社等」と、同法第七百三十八条中「代表社債権者若しくは決議執行者」とあるのは「資産流動化法第二百四十六条第一項の決議により定めた者」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 249 (1) The provisions of Article 114 (Proxy Voting); Article 117 (Inconsistent Voting); Article 118, paragraph (2) (Attendance of Beneficiaries); Article 119 (Resolutions for Postponement or Continuation); and Article 120 (Minutes of a Meeting) of the Trust Act and the provisions of Article 314 (Accountability of the Directors); Article 315 (Authority of the Chairperson); Article 731 (excluding paragraph (1)) (Minutes of a Meeting); Articles 732 through 735-2 (Petitions for Approval of Resolutions Made at Bondholders Meetings; Rejection of Resolutions Made at Bondholders Meetings; Effectiveness of Resolutions Made at Bondholders Meetings; Public Notice of Rulings Approving or Rejecting Resolutions Made at Bondholders Meetings; Omission of Resolutions at Bondholders Meetings); and Article 738 (Dismissal of Representative Bondholders) of the Companies Act apply mutatis mutandis to meetings of interest holders. In such a case, the term "beneficiary" in Article 114, paragraphs (1) and (3) of the Trust Act is deemed to be replaced with "beneficiary certificate holder"; the term "beneficiary" in paragraph (4) of that Article is deemed to be replaced with "beneficiary certificate holder"; the term "Article 109, paragraph (2)" in those paragraphs is deemed to be replaced with "Article 242, paragraph (3) of the Asset Securitization Act"; the term "beneficiary" in Article 117, paragraph (1) of that Act is deemed to be replaced with "beneficiary certificate holder"; the term "beneficiary" in paragraph (2) of that Article is deemed to be replaced with "beneficiary certificate holder"; the term "beneficiary" in that paragraph is deemed to be replaced with "beneficial interest in a specified purpose trust"; the term "trustee" in Article 118, paragraph (2) of that Act is deemed to be replaced with "trustee trust company or financial institution"; the phrase "that the trustee attend the meeting" in that paragraph is deemed to be replaced with "that the representative or agent attend the meeting"; the term "Article 108 and Article 109" in Article 119 of the Trust Act is deemed to be replaced with "Article 242 of the Asset Securitization Act"; the term "Order of the Ministry of Justice" in Article 120 of that Act is deemed to be replaced with "Cabinet Office Order"; the phrase "a director, an accounting advisor, a company auditor or an executive officer" in Article 314 of the Companies Act is deemed to be replaced with "a trustee trust company or financial institution"; the term "shareholder" in that Article is deemed to be replaced with "beneficiary certificate holder"; the term "bond-issuing company" in Article 731, paragraph (2) of that Act is deemed to be replaced with "trustee trust company or financial institution"; the term "The bond manager, assistant bond manager and bondholders" in paragraph (3) of that Article is deemed to be replaced with "The representative interest holder, specified trust administrator, and each beneficiary certificate holder"; the term "bond-issuing company" in that paragraph is deemed to be replaced with "trustee trust company or financial institution"; the term "the solicitation in Article 676" in Article 733, item (i) of that Act is deemed to be replaced with "the solicitation for beneficiary certificates"; the term "such bond-issuing company" in that item is deemed to be replaced with "the trustee trust company or financial institution"; the term "bondholder" in item (iv) of that Article is deemed to be replaced with "beneficiary certificate holder"; the term "bonds of the relevant class" in Article 734, paragraph (2) of that Act is deemed to be replaced with "beneficial interest in the specified purpose trust"; the term "bondholder" in that paragraph is deemed to be replaced with "beneficiary certificate holder"; the term "bond-issuing company" in Article 735 of that Act is deemed to be replaced with "trustee trust company or financial institution"; the provision "If a bond-issuing company, bond administrator, assistant bond administrator or bondholder submits a proposal with respect to any matter that is the purpose of a bondholders meeting (in the case of an assistant bond administrator, concerning the consent of the bondholders meeting provided in Article 711, paragraph (1) applied mutatis mutandis pursuant to Article 714-7), if all persons who may vote with respect to the matter manifest their intention to agree to relevant proposal in writing or using an electronic or magnetic record, it is deemed that a resolution to approve relevant proposal has been passed at the bondholders meeting." in Article 735-2, paragraph (1) of that Act is deemed to be replaced with "If all beneficiary certificate holders (but only those that are entitled to vote) agree to the matter which is the purpose of the resolution in writing or using an electronic or magnetic record, it is deemed that a resolution to approve relevant matter has been passed at the meeting of interest holders."; the term "bond-issuing company" in paragraph (2) of that Article is deemed to be replaced with "trustee trust company or financial institution"; the term "The bond administrator, assistant bond administrator and bondholders" in paragraph (3) of that Article is deemed to be replaced with "The representative interest holder, specified trust administrator, and each beneficiary certificate holder"; the term "bond-issuing company" in that paragraph is deemed to be replaced with "trustee trust company or financial institution"; the term "the representative bondholders or resolution administrator" in Article 738 of that Act is deemed to be replaced with "the person specified by the resolution referred to in Article 246, paragraph (1) of the Asset Securitization Act"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	２　会社法第八百六十八条第四項（非訟事件の管轄）、第八百七十条第一項（第七号に係る部分に限る。）（陳述の聴取）、第八百七十一条本文（理由の付記）、第八百七十二条（第四号に係る部分に限る。）（即時抗告）、第八百七十三条本文（原裁判の執行停止）、第八百七十五条（非訟事件手続法の規定の適用除外）及び第八百七十六条（最高裁判所規則）の規定は、前項において準用する同法第七百三十二条の決議の認可の申立てについて準用する。
en-us	(2) The provisions of Article 868, paragraph (4) (Jurisdiction over Non-Contentious Cases); Article 870 (1) (but only the part that involves item (vii)) (Hearing of Statements); the main text of Article 871 (Appending of the Reason); Article 872 (but only the part that involves item (iv)) (Immediate Appeal); the main text of Article 873 (Stay of Execution of the Judicial Decision of the Prior Instance); Article 875 (Exclusion from Application of the Provisions of the Non-Contentious Cases Procedures Act); and Article 876 (Supreme Court Rules) of the Companies Act apply mutatis mutandis to the petitions for approval of resolutions referred to in Article 732 of that Act as applied mutatis mutandis pursuant to the preceding paragraph.

ja-jp	（書面による決議）
en-us	(Written Resolutions)

ja-jp	第二百五十条　権利者集会の決議を行う場合において、あらかじめ特定目的信託契約に定めがあるとき、又は受益証券の権利者（議決権を有する者に限る。）の全員の同意があるときは、書面による決議を行うことができる。
en-us	Article 250 (1) If a resolution is to be passed at a meeting of interest holders, and if provisions have been established in the specified purpose trust agreement in advance or consent of all of the beneficiary certificate holders (but only those entitled to vote) have been obtained, that resolution may be passed in writing.

ja-jp	２　書面による決議は、権利者集会の決議と同一の効力を有する。
en-us	(2) A written resolution has the same effect as a resolution at a meeting of interest holders.

ja-jp	３　権利者集会に関する規定（第二百四十三条第三項及び第二百四十五条第一項を除く。）は、書面による決議を行う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 concerning meetings of interest holders (excluding Article 243, paragraph (3) and Article 245, paragraph (1)) apply mutatis mutandis if a resolution is passed in writing. In such a case, any necessary technical replacement of terms is specified by Cabinet Order.

ja-jp	（種類権利者集会）
en-us	(Class Meetings of Interest Holders)

ja-jp	第二百五十一条　資産信託流動化計画において特定目的信託に係る受益権を内容の異なる数種の受益権に分割した場合において、権利者集会の決議（第二百六十九条第一項第一号の承諾の決議、第二百七十三条第一項、第二百七十四条第一項及び第二百七十六条第一項の決議並びに第二百七十五条第一項の承認の決議に限る。）が、ある種類の受益権を表示する受益証券の権利者に損害を及ぼすおそれがあるときは、権利者集会の決議のほかに、当該種類の受益権に係る受益証券の権利者の集会（以下「種類権利者集会」という。）の承認（権利者集会の決議が損害を及ぼすおそれのある受益権の種類が二以上ある場合には、当該二以上の種類別に区分された受益権に係る受益証券の権利者を構成員とする各種類権利者集会の承認）を受けなければならない。
en-us	Article 251 (1) If the beneficial interest in a specified purpose trust has been divided into multiple classes of beneficial interests with different features under an asset trust securitization plan, and a resolution at a meeting of interest holders (but only a resolution for approval referred to in Article 269, paragraph (1), item (i); a resolution referred to in Article 273, paragraph (1); Article 274, paragraph (1); or Article 276, paragraph (1); or a resolution for approval referred to in Article 275, paragraph (1)) is likely to cause detriment to the holders of beneficiary certificates representing a certain class of beneficial interest, in addition to the resolution at the meeting of interest holders, approval must be obtained at a meeting of the beneficiary certificate holders for that class of beneficial interest (hereinafter referred to as a "class meeting of interest holders") (or, if there are two or more classes of beneficial interest in connection with which a resolution at a meeting of interest holders is likely to cause detriment, approval must be obtained at each class meeting of interest holders whose constituent members are beneficiary certificate holders that hold one of those two or more classes of beneficial interest).

ja-jp	２　前項の規定による承認の決議は、各種類権利者集会ごとに当該種類権利者集会に係る受益権の元本持分の合計の二分の一（三分の一以上の割合を特定目的信託契約で定めた場合にあっては、その割合）を超える当該元本持分を有する受益証券の権利者が出席し、かつ、その議決権の三分の二（これを上回る割合を特定目的信託契約で定めた場合にあっては、その割合）以上に当たる多数をもって行わなければならない。
en-us	(2) A resolution for approval under the preceding paragraph at each class meeting of interest holders must be passed by at least a two-thirds majority vote (or, if a higher proportion is provided for in the specified purpose trust agreement, that proportion) of the beneficiary certificate holders attending the meeting, with those beneficiary certificate holders in attendance holding more than half (or, if a proportion of one-third or more is provided for in the specified purpose trust agreement, that proportion) of the total shares of principal of the beneficial interest associated with that class meeting of interest holders.

ja-jp	３　元本持分を有さない種類の受益権に係る受益証券の権利者のその種類権利者集会における承認の決議についての前項の規定の適用については、同項中「元本持分」とあるのは、「利益持分」とする。
en-us	(3) To apply the provisions of the preceding paragraph to a resolution for approval at a class meeting of interest holders whose constituent members are beneficiary certificate holders holding a class of beneficial interest with no share of principal, the term "shares of principal" in that paragraph is replaced with "shares of interest".

ja-jp	（代表権利者等の出席）
en-us	(Attendance of Representative Interest Holders)

ja-jp	第二百五十二条　代表権利者又は特定信託管理者は、種類権利者集会に出席し、又は書面をもって意見を述べることができる。
en-us	Article 252 (1) A representative interest holder or a specified trust administrator may attend a class meeting of interest holders or state an opinion in writing.

ja-jp	２　信託法第百九条第一項から第三項まで（受益者集会の招集の通知）の規定は、種類権利者集会について準用する。この場合において、同条第一項中「知れている受益者及び受託者（信託監督人が現に存する場合にあっては、知れている受益者、受託者及び信託監督人）」とあるのは「代表権利者又は特定信託管理者」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 109, paragraphs (1) through (3) (Notice of a Beneficiaries' Meeting) of the Trust Act apply mutatis mutandis to a class meeting of interest holders. In such a case, the phrase "known beneficiaries and trustee (in cases where there is a trust supervisor, known beneficiaries, trustee, and trust supervisor)" in paragraph (1) of that Article is deemed to be replaced with "the representative interest holder or the specified trust administrator"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（権利者集会に係る規定の準用）
en-us	(Application, Mutatis Mutandis, of Provisions on Meetings of Interest Holders)

ja-jp	第二百五十三条　第二百四十二条から第二百四十五条まで、第二百四十八条及び第二百四十九条の規定は、種類権利者集会について準用する。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 253 The provisions of Articles 242 through 245, Article 248, and Article 249 apply mutatis mutandis to class meeting of interest holders. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	第二款　代表権利者等
en-us	Subsection 2 Representative Interest Holders

ja-jp	（代表権利者の選任）
en-us	(Appointment of Representative Interest Holders)

ja-jp	第二百五十四条　権利者集会は、千分の一以上の元本持分を有する受益証券の権利者の中から、一人又は数人の代表権利者を選任し、受益証券の権利者のために特定目的信託の受益者及び委託者の権利（次に掲げる権利を除く。）の行使を委任することができる。
en-us	Article 254 (1) Interest holders may appoint one or multiple representative interest holders at a meeting of interest holders from among beneficiary certificate holders with at least one-thousandth of share of principal, and entrust that person or those persons with exercising the rights of the beneficiaries and settlor of the specified purpose trust (other than the following rights) on behalf of the beneficiary certificate holders:

ja-jp	一　次に掲げる事項の決定をする権利
en-us	(i) the right to decide on the following matters:

ja-jp	イ　受託信託会社等の責任の免除
en-us	(a) exemption of the trustee trust company or financial institution from liability;

ja-jp	ロ　特定目的信託契約の終了
en-us	(b) termination of the specified purpose trust agreement;

ja-jp	ハ　特定目的信託契約の変更の承諾
en-us	(c) approval of changes to the specified purpose trust agreement;

ja-jp	ニ　特定目的信託の受託者の辞任の承認又は解任の請求
en-us	(d) approval of the resignation of or requests for dismissal of the trustee of the specified purpose trust;

ja-jp	ホ　受託信託会社等の更迭又は特定目的信託契約終了の場合における信託財産に係る財産目録及び貸借対照表の承認
en-us	(e) approval of the inventory of property and balance sheet for trust property, if the trustee trust company or financial institution is replaced or the specified purpose trust agreement is terminated; and

ja-jp	ヘ　代表権利者の選任及び解任並びに辞任の同意
en-us	(f) appointment, and consent to the dismissal and resignation of a representative interest holder.

ja-jp	二　その他特定目的信託契約に代表権利者に委任しない旨の定めのある権利
en-us	(ii) any other rights that are provided for under the specified purpose trust agreement as those which a representative interest holder is not to be entrusted with.

ja-jp	２　代表権利者が数人ある場合において、権利者集会において別段の定めを行わなかったときは、前項の権利の行使は、その過半数による決定をもって行う。
en-us	(2) If there are multiple representative interest holders, unless otherwise specified at a meeting of interest holders, the exercise of a right referred to in the preceding paragraph is effected based on the decision of the majority of the representative interest holders.

ja-jp	（代表権利者の不適格事由）
en-us	(Grounds for Ineligibility as a Representative Interest Holder)

ja-jp	第二百五十五条　特定目的信託の受託信託会社等又はその役員若しくは使用人は、その代表権利者となることができない。
en-us	Article 255 The trustee trust company or financial institution of a specified purpose trust or its officer or employee may not become a representative interest holder of that specified purpose trust.

ja-jp	（代表権利者を選任した場合の特定目的信託の受益者及び委託者の権利の行使）
en-us	(Exercise of Rights of Beneficiaries and Settlor of Specified Purpose Trusts When Representative Interest Holders Have Been Appointed)

ja-jp	第二百五十六条　権利者集会において代表権利者を選任した場合は、代表権利者の権利に属する特定目的信託の受益者及び委託者の権利は、代表権利者のみが、これを行使することができる。
en-us	Article 256 (1) If a representative interest holder has been appointed at a meeting of interest holders, only the representative interest holder may exercise the rights of the beneficiaries and settlor of the specified purpose trust.

ja-jp	２　前項の場合において、各受益証券の権利者は、書面をもって、代表権利者に対してその権利（権利者集会の招集に係る権利並びに信託法第三十六条（信託事務の処理の状況についての報告義務）、第三十八条（帳簿等の閲覧等の請求）及び第三十九条（他の受益者の氏名等の開示の請求）の権利を除く。）を行使すべきことを請求することができる。
en-us	(2) In the case referred to in the preceding paragraph, each beneficiary certificate holder may file a request with the representative interest holder in writing, to exercise their right (other than the right to convene a meeting of interest holders and the rights referred to in Article 36 (Duty to Report on the Status of Trust-Related Administrative Processes), Article 38 (Request for Inspection of Books), and Article 39 (Request for Disclosure of the Name of Another Beneficiary) of the Trust Act).

ja-jp	３　受益証券の権利者は、あらかじめ特定目的信託契約に定めがあるときは、前項の規定による書面による請求に代えて、電磁的方法によりその権利を行使すべきことを請求することができる。この場合において、当該受益証券の権利者は、当該書面による請求をしたものとみなす。
en-us	(3) If provisions have been established in the specified purpose trust agreement in advance, a beneficiary certificate holder may request that the representative interest holder exercise their rights by electronic or magnetic means, in lieu of a written request under the preceding paragraph. In this case, the beneficiary certificate holder is deemed to have made the request in writing.

ja-jp	４　第二項の請求があった場合において、代表権利者は、当該請求を行った受益証券の権利者が当該特定目的信託の事務の遂行を妨げ、又は受益証券の権利者共同の利益を害する目的で請求を行ったと認められる場合その他の正当な理由がある場合でなければ、これを拒むことができない。
en-us	(4) Having received a request referred to in the paragraph (2), a representative interest holder may not deny the request unless the beneficiary certificate holder filing the request is found to have filed the request for the purpose of obstructing the implementation of affairs of the specified purpose trust or of harming the common interests of the beneficiary certificate holders, or there are other legitimate grounds for doing so.

ja-jp	（代表権利者の辞任）
en-us	(Resignation of Representative Interest Holders)

ja-jp	第二百五十七条　代表権利者は、権利者集会の同意を得て辞任することができる。
en-us	Article 257 (1) A representative interest holder may resign upon obtaining consent to do so at a meeting of interest holders.

ja-jp	２　信託法第五十七条（第一項及び第六項を除く。）（受託者の辞任）、第二百六十二条（第五項を除く。）（信託に関する非訟事件の管轄）、第二百六十三条（信託に関する非訟事件の手続の特例）及び第二百六十四条（最高裁判所規則）の規定は、前項の代表権利者の辞任について準用する。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 57 (excluding paragraphs (1) and (6)) (Resignation of the Trustee), Article 262 (excluding paragraph (5)) (Jurisdiction over Non-Contentious Cases Concerning Trusts), Article 263 (Special Provisions on the Proceedings in Non-Contentious Cases Concerning Trusts), and Article 264 (Supreme Court Rules) of the Trust Act apply mutatis mutandis to the resignation of a representative interest holder referred to in the preceding paragraph. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	（代表権利者の報酬、費用・利息・損害額の負担）
en-us	(Bearing of Remuneration, Costs, Interest, and Amount of Damages Related to Representative Interest Holders)

ja-jp	第二百五十八条　代表権利者に対して与えるべき報酬、その事務処理のために要する費用及びその支出の日以後における利息並びにその事務処理のために自己の過失なくして受けた損害の賠償額は、信託財産に関して負担する費用として受託信託会社等の負担とする。
en-us	Article 258 Remuneration that is to be given to a representative interest holder, the costs required for the person to administer affairs, the interest that accrues beginning on the day of their expenditure, and compensation for damage incurred by the person in administering the affairs in the absence of negligence are borne by the trustee trust company or financial institution as costs that it is to bear in connection with the trust property.

ja-jp	（代表権利者に関する信託法及び会社法の準用）
en-us	(Application, Mutatis Mutandis, of the Trust Act and the Companies Act to Representative Interest Holders)

ja-jp	第二百五十九条　信託法第四十四条（受益者による受託者の行為の差止め）及び第八十五条第四項（受託者の責任等の特例）並びに会社法第三百八十五条第二項（監査役による取締役の行為の差止め）の規定は代表権利者の受託信託会社等に対する差止請求について、同法第七百七条（特別代理人の選任）、第七百八条（社債管理者等の行為の方式）及び第七百十条第一項（社債管理者の責任）の規定は代表権利者について、同法第七百三十八条（代表社債権者等の解任等）の規定は代表権利者の解任について、それぞれ準用する。この場合において、信託法第四十四条第一項中「信託行為」とあるのは「特定目的信託契約」と、会社法第七百十条第一項中「この法律」とあるのは「この法律、特定目的信託契約」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 259 (1) The provisions of Article 44 (Cessation of Acts of the Trustee at the Demand of the Beneficiaries) and Article 85, paragraph (4) (Special Provisions on Trustee Liability) of the Trust Act and the provisions of Article 385, paragraph (2) (Enjoinment of Acts of Directors by Company Auditors) of the Companies Act apply mutatis mutandis to demand for an injunction against a trustee trust company or financial institution by a representative interest holder, the provisions of Article 707 (Appointment of Special Agent); Article 708 (Method of Acts of Bond Managers); and Article 710, paragraph (1) (Liability of Bond Manager) of the Companies Act apply mutatis mutandis to a representative interest holder, and the provisions of Article 738 (Dismissal of Representative Bondholders) of the Companies Act apply mutatis mutandis to the dismissal of a representative interest holder. In such a case, the term "acts of trust" in Article 44, paragraph (1) of the Trust Act is deemed to be replaced with "specified purpose trust agreement"; the term "this Act" in Article 710, paragraph (1) of the Companies Act is deemed to be replaced with "this Act, the specified purpose trust agreement"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	２　会社法第八百六十八条第四項（非訟事件の管轄）、第八百七十一条（理由の付記）、第八百七十四条（第一号に係る部分に限る。）（不服申立ての制限）、第八百七十五条（非訟事件手続法の規定の適用除外）及び第八百七十六条（最高裁判所規則）の規定は、前項において準用する同法第七百七条の特別代理人の選任について準用する。
en-us	(2) The provisions of Article 868, paragraph (4) (Jurisdiction over Non-Contentious Cases); Article 871 (Appending of the Reason); Article 874 (but only the part that involves item (i)) (Restrictions on Appeal); Article 875 (Exclusion from Application of the Provisions of the Non-Contentious Cases Procedures Act); and Article 876 (Supreme Court Rules) of the Companies Act apply mutatis mutandis to the appointment of a special agent referred to in Article 707 of the Companies Act as applied mutatis mutandis pursuant to the preceding paragraph.

ja-jp	（特定信託管理者）
en-us	(Specified Trust Administrators)

ja-jp	第二百六十条　代表権利者が存しない場合においては、受託信託会社等は、特定信託管理者を選任することができる。
en-us	Article 260 (1) If there is no representative interest holder, the trustee trust company or financial institution may appoint a specified trust administrator.

ja-jp	２　特定信託管理者の選任については、特定目的信託契約の定めるところによらなければならない。
en-us	(2) The appointment of a specified trust administrator must be done in accordance with the provisions of the specified purpose trust agreement.

ja-jp	３　特定信託管理者は、第二百四十条第一項の規定にかかわらず、受益証券の権利者のために自己の名をもって特定目的信託の受益者及び委託者の権利（特定目的信託契約により受託信託会社等が受益者に対して負担する債務の弁済を受領する権利及び第二百五十四条第一項各号に掲げる権利を除く。）に関する裁判上又は裁判外の行為を行う権限を有する。
en-us	(3) Notwithstanding the provisions of Article 240, paragraph (1), a specified trust administrator has the authority to conduct, in its own name, all acts in and out of court in connection with the rights of the beneficiaries and settlor of a specified purpose trust (other than the right to receive repayment for the debts that the trustee trust company or financial institution owes to the beneficiaries under the specified purpose trust agreement and the rights set forth in the items of Article 254, paragraph (1)) on behalf of the beneficiary certificate holders.

ja-jp	４　受託信託会社等は、特定信託管理者を選任した場合には、遅滞なく、その旨を各受益証券の権利者に通知しなければならない。
en-us	(4) If the trustee trust company or financial institution appoints a specified trust administrator, it must notify the beneficiary certificate holders of this without delay.

ja-jp	５　第二百五十五条、第二百五十六条及び第二百五十八条並びに信託法第四十四条（受益者による受託者の行為の差止め）及び第八十五条第四項（受託者の責任等の特例）並びに会社法第三百八十五条第二項（監査役による取締役の行為の差止め）、第七百四条（社債管理者の義務）、第七百七条（特別代理人の選任）、第七百九条第一項（二以上の社債管理者がある場合の特則）、第七百十条第一項（社債管理者の責任）、第七百十一条第一項前段及び第三項（社債管理者の辞任）並びに第七百十三条（社債管理者の解任）の規定は、特定信託管理者について準用する。この場合において、第二百五十六条第一項中「権利者集会において代表権利者を選任した場合は」とあるのは「受託信託会社等が特定信託管理者を定めたときは」と、第二百五十八条中「信託財産に関して負担する費用として」とあるのは「これについてあらかじめ特定目的信託契約に信託財産に関して負担する費用とする旨の定めがある場合を除き、」と、同法第三百八十五条第一項中「監査役設置会社の目的」とあるのは「特定目的信託の目的」と、「定款」とあるのは「特定目的信託契約」と、「監査役設置会社に著しい損害」とあるのは「信託財産に著しい損害」と、信託法第四十四条第一項中「信託行為」とあるのは「特定目的信託契約」と、会社法第七百十条第一項中「この法律」とあるのは「この法律、特定目的信託契約」と、同法第七百十一条第一項前段及び第七百十三条中「社債発行会社」とあるのは「受託信託会社等」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	(5) The provisions of Article 255, Article 256, and Article 258 of this Act; the provisions of Article 44 (Cessation of a Trustee's Acts at the Demand of the Beneficiaries) and Article 85, paragraph (4) (Special Provisions on Trustee Liability, etc.) of the Trust Act; and the provisions of Article 385, paragraph (2) (Enjoinment of Acts of Directors by Company Auditors); Article 704 (Obligations of Bond Managers), Article 707 (Appointment of Special Agent); Article 709, paragraph (1) (Special Provisions for Multiple Bond Managers); Article 710, paragraph (1) (Liability of Bond Manager); the first sentence of Article 711, paragraphs (1) and (3) (Resignation of Bond Managers); and Article 713 (Dismissal of Bond Managers) of the Companies Act apply mutatis mutandis to a specified trust administrator. In such a case, the phrase "If a representative interest holder has been appointed at a meeting of interest holders" in Article 256, paragraph (1) is deemed to be replaced with "If the trustee trust company or financial institution has appointed a specified trust administrator"; the phrase "as costs that it is to bear in connection with the trust property" in Article 258 is deemed to be replaced with "unless it has been provided in the specified purpose trust agreement in advance that they are costs that it is to bear in connection with the trust property"; the term "the purpose of the company with auditors" in Article 385, paragraph (1) of the Companies Act is deemed to be replaced with "the purpose of the specified purpose trust"; the term "articles of incorporation" in that paragraph is deemed to be replaced with "specified purpose trust agreement"; the phrase "substantial detriment to such company with auditors" in that paragraph is deemed to be replaced with "substantial detriment to the trust property"; the term "acts of trust" in Article 44, paragraph (1) of the Trust Act is deemed to be replaced with "specified purpose trust agreement"; the term "this Act" in Article 710, paragraph (1) of the Companies Act is deemed to be replaced with "this Act, the specified purpose trust agreement"; the term "bond-issuing company" in the first sentence of Article 711, paragraph (1) and Article 713 of that Act is deemed to be replaced with "trustee trust company or financial institution"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	６　会社法第八百六十八条第四項（非訟事件の管轄）、第八百七十一条（理由の付記）、第八百七十四条（第一号に係る部分に限る。）（不服申立ての制限）、第八百七十五条（非訟事件手続法の規定の適用除外）及び第八百七十六条（最高裁判所規則）の規定は前項において準用する同法第七百七条の特別代理人の選任について、同法第八百六十八条第四項（非訟事件の管轄）、第八百六十九条（疎明）、第八百七十一条（理由の付記）、第八百七十四条（第四号に係る部分に限る。）（不服申立ての制限）、第八百七十五条（非訟事件手続法の規定の適用除外）及び第八百七十六条（最高裁判所規則）の規定は前項において準用する同法第七百十一条第三項の特定信託管理者の辞任について、同法第八百六十八条第四項（非訟事件の管轄）、第八百七十条第一項（第二号に係る部分に限る。）（陳述の聴取）、第八百七十一条本文（理由の付記）、第八百七十二条（第四号に係る部分に限る。）（即時抗告）、第八百七十五条（非訟事件手続法の規定の適用除外）及び第八百七十六条（最高裁判所規則）の規定は前項において準用する同法第七百十三条の特定信託管理者の解任について、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	(6) The provisions of Article 868 (4) (Jurisdiction over Non-Contentious Cases), Article 871 (Appending of the Reason), Article 874 (but only the part that involves item (i)) (Restrictions on Appeal), Article 875 (Exclusion from Application of the Provisions of the Non-Contentious Cases Procedures Act), and Article 876 (Supreme Court Rules) of the Companies Act apply mutatis mutandis to appointment of a special agent referred to in Article 707 of the Companies Act as applied mutatis mutandis pursuant to the preceding paragraph; the provisions of Article 868, paragraph (4) (Jurisdiction over Non-Contentious Cases), Article 869 (Prima Facie Showing), Article 871 (Appending of the Reason), Article 874 (but only the part that involves item (iv)) (Restrictions on Appeal), Article 875 (Exclusion from Application of the Provisions of the Non-Contentious Cases Procedures Act), and Article 876 (Supreme Court Rules) of the Companies Act apply mutatis mutandis to the resignation of a specified trust administrator under Article 711, paragraph (3) of that Act as applied mutatis mutandis pursuant to the preceding paragraph; and the provisions of Article 868, paragraph (4) (Jurisdiction over Non-Contentious Cases); Article 870, paragraph (1) (but only the part that involves item (ii)) (Hearing of Statements); the main text of Article 871 (Appending of the Reason); Article 872 (but only the part that involves item (iv)) (Immediate Appeal); Article 875 (Exclusion from Application of the Provisions of the Non-Contentious Cases Procedures Act); and Article 876 (Supreme Court Rules) of the Companies Act apply mutatis mutandis to the dismissal of a specified trust administrator under Article 713 of that Act as applied mutatis mutandis pursuant to the preceding paragraph. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	７　特定信託管理者が存する場合において、代表権利者を選任する権利者集会の決議があったときは、特定信託管理者は、特定目的信託の受益者及び委託者の権利を行使することができない。
en-us	(7) If there is a specified trust administrator and a resolution is passed at a meeting of interest holders to appoint a representative interest holder, the specified trust administrator may not exercise the rights of the beneficiaries and settlor of the specified purpose trust.

ja-jp	８　信託法第四章第四節（信託管理人等）の規定は、特定目的信託については、適用しない。
en-us	(8) The provisions of Chapter IV, Section 4 (Trust Administrator) of the Trust Act do not apply to a specified purpose trust.

ja-jp	（代表権利者等が存しない場合の特定目的信託の受益者及び委託者の権利の行使）
en-us	(Exercise of Rights of Beneficiaries and Settlor of Specified Purpose Trusts If There Is No Representative Interest Holder or Specified Trust Administrator)

ja-jp	第二百六十一条　代表権利者及び特定信託管理者が存しないときは、各受益証券の権利者は、第二百四十条第一項の規定にかかわらず、この法律により権利者集会の決議によるものとして定められた事項及び権利者集会の招集に係る事項を除き、特定目的信託の受益者及び委託者の権利を行使することができる。
en-us	Article 261 Notwithstanding the provisions of Article 240, paragraph (1), if there is neither a representative interest holder nor a specified trust administrator, each beneficiary certificate holder may exercise the rights of the beneficiaries and settlor of the specified purpose trust, excluding matters that, pursuant to this Act, requires a resolution at a meeting of interest holders and matters involved in the convocation of a meeting of interest holders.

ja-jp	（受益証券の権利者の差止請求権）
en-us	(Beneficiary Certificate Holders' Right to Demand an Injunction)

ja-jp	第二百六十二条　受託信託会社等が法令又は特定目的信託契約に違反する行為を行い、又はこれらの行為を行うおそれがある場合において、これにより信託財産に回復することができない損害を生ずるおそれがある場合においては、第二百四十条第一項の規定にかかわらず、各受益証券の権利者は、受託信託会社等に対し、その行為をやめるよう請求することができる。
en-us	Article 262 (1) Notwithstanding the provisions of Article 240, paragraph (1), if a trustee trust company or financial institution is engaging, or is likely to engage in, an act that violates a law or regulation or the specified purpose trust agreement, and that act is likely to cause irreparable damage to the trust property, a beneficiary certificate holder may demand that the trustee trust company or financial institution cease the act.

ja-jp	２　受託信託会社等が信託法第三十三条（公平義務）の規定に違反する行為を行い、又はこれを行うおそれがある場合において、これにより一部の受益証券の権利者に回復することができない損害を生ずるおそれがある場合においては、第二百四十条第一項の規定にかかわらず、当該受益証券の権利者は、受託信託会社等に対し、その行為をやめるよう請求することができる。
en-us	(2) Notwithstanding the provisions of Article 240, paragraph (1), if a trustee trust company or financial institution is engaging, or is likely to engage in, an act that violates Article 33 (Duty of Impartiality) of the Trust Act, and that act is likely to cause irreparable damage to some of the beneficiary certificate holders, those beneficiary certificate holders may demand that the trustee trust company or financial institution cease that act.

ja-jp	（特定目的信託の変更を命ずる裁判）
en-us	(Judicial Decision Ordering Changes to Specified Purpose Trusts)

ja-jp	第二百六十三条　各受益証券の権利者は、第二百四十条第一項の規定にかかわらず、信託法第百五十条（特別の事情による信託の変更を命ずる裁判）の規定により、特定目的信託の変更を裁判所に請求することができる。
en-us	Article 263 Notwithstanding the provisions of Article 240, paragraph (1), a beneficiary certificate holder may file a request with the court, pursuant to the provisions of Article 150 (Judicial Decision Ordering Changes to a Trust Due to Special Circumstances) of the Trust Act, to change the specified purpose trust.

ja-jp	第四節　計算等
en-us	Section 4 Accounting

ja-jp	（計算書類等の作成）
en-us	(Preparation of Financial Statements)

ja-jp	第二百六十四条　受託信託会社等は、毎年一回一定の期日に信託財産について、内閣府令で定めるところにより、次に掲げる資料及びその附属明細書を作成しなければならない。
en-us	Article 264 (1) A trustee trust company or financial institution must prepare the following materials and their annexed detailed statements for the trust property once every year on a certain date, pursuant to Cabinet Office Order provisions:

ja-jp	一　貸借対照表
en-us	(i) a balance sheet;

ja-jp	二　損益計算書
en-us	(ii) a profit and loss statement; and

ja-jp	三　信託財産の管理及び運用に係る報告書
en-us	(iii) a report on the administration and investment of the trust property.

ja-jp	２　前項の資料は、電磁的記録をもって作成することができる。
en-us	(2) The materials referred to in the preceding paragraph may be prepared as an electronic or magnetic record.

ja-jp	３　受託信託会社等は、第一項の資料を、同項又は前項の規定により作成した日から五年間、その本店に備え置かなければならない。
en-us	(3) A trustee trust company or financial institution must keep the materials referred to in paragraph (1) at its head office for five years from the date on which they were prepared pursuant to the provisions of that paragraph or the preceding paragraph.

ja-jp	４　受託信託会社等は、第一項の資料の写しを、前項に規定する日から三年間、その支店に備え置かなければならない。ただし、第一項の資料が電磁的記録で作成されている場合であって、支店における次項において準用する会社法第四百四十二条第三項第三号及び第四号に掲げる請求に応じることを可能とするための措置として内閣府令で定めるものをとっているときは、この限りでない。
en-us	(4) A trustee trust company or financial institution must keep a copy of the materials referred to in paragraph (1) at its branch offices for three years from the date prescribed in the preceding paragraph; provided, however, that this does not apply if the materials referred to in paragraph (1) are prepared as an electronic or magnetic record and the measures that Cabinet Office Order prescribes as those that enable the branch offices to respond to the demand referred to in Article 442, paragraph (3), items (iii) and (iv) of the Companies Act as applied mutatis mutandis pursuant to the following paragraph has been taken.

ja-jp	５　会社法第四百四十二条第三項（計算書類等の備置き及び閲覧等）の規定は、第一項の資料について準用する。この場合において、同条第三項中「債権者」とあるのは「特定目的信託の受託信託会社等が信託事務を処理するために行った資金の借入れに係る債権者」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	(5) The provisions of Article 442, paragraph (3) (Keeping and Inspection of Financial Statements) of the Companies Act apply mutatis mutandis to the materials referred to in paragraph (1). In such a case, the term "creditors" in paragraph (3) of that Article is deemed to be replaced with "creditors from which the trustee trust company or financial institution of the specified purpose trust has borrowed funds for the purpose of administering trust affairs"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	６　信託業法第二十七条の規定は、特定目的信託に係る信託財産については、適用しない。
en-us	(6) The provisions of Article 27 of the Trust Act do not apply to the trust property of a specified purpose trust.

ja-jp	（金銭の分配の標準）
en-us	(Criteria for Distribution of Monies)

ja-jp	第二百六十五条　受益証券の権利者に対する金銭の分配は、各受益証券の権利者が有する元本持分に応じて行わなければならない。ただし、資産信託流動化計画に別段の定めをすることを妨げない。
en-us	Article 265 Monies must be distributed to beneficiary certificate holders in proportion to the share of principal held by each beneficiary certificate holder; provided, however, that this does not preclude the asset trust securitization plan from providing otherwise.

ja-jp	（利益の特定資産組入れ）
en-us	(Incorporation of Profits into Specified Assets)

ja-jp	第二百六十六条　信託期間中における特定資産の管理又は処分により得られる利益は、政令で定めるところにより、特定資産とすることができる。
en-us	Article 266 Any profits gained through the administration or disposition of specified assets during the trust period may be incorporated into specified assets pursuant to the provisions of Cabinet Order.

ja-jp	（受益証券の権利者の閲覧請求権等）
en-us	(Beneficiary Certificate Holders' Right to Request Inspection)

ja-jp	第二百六十七条　百分の三（これを下回る割合を特定目的信託契約で定めた場合にあっては、その割合）以上の元本持分を有する受益証券の権利者は、第二百四十条第一項の規定にかかわらず、受託信託会社等に対し、次に掲げる請求をすることができる。
en-us	Article 267 (1) Notwithstanding the provisions of Article 240, paragraph (1), beneficiary certificate holders holding three percent (or, if a smaller proportion is provided for in the specified purpose trust agreement, that proportion) or more of the share of principal may file the following requests with the trustee trust company or financial institution:

ja-jp	一　信託法第三十七条第一項又は第五項の書類の閲覧又は謄写の請求
en-us	(i) a request to inspect or copy the documents referred to in Article 37, paragraph (1) or (5) of the Trust Act;

ja-jp	二　信託法第三十七条第一項又は第五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又は謄写の請求
en-us	(ii) a request to inspect or copy something that has been made to show the information recorded in the electronic or magnetic record referred to in Article 37, paragraph (1) or (5) of the Trust Act, through the means that Cabinet Office Order prescribes; and

ja-jp	三　信託事務の処理の状況についての報告の請求
en-us	(iii) a request for a report on the status of administration of trust affairs.

ja-jp	２　前項の請求は、理由を付した書面をもって行わなければならない。
en-us	(2) A request as referred to in the preceding paragraph must be filed in writing with the reason attached.

ja-jp	３　第一項に規定する受益証券の権利者は、あらかじめ特定目的信託契約に定めがあるときは、前項の規定による書面による請求に代えて、電磁的方法により第一項の請求をすることができる。この場合において、当該受益証券の権利者は、当該書面による請求をしたものとみなす。
en-us	(3) If provisions have been established in the specified purpose trust agreement in advance, a beneficiary certificate holder provided in paragraph (1) may submit a request under paragraph (1) by electronic or magnetic means, in lieu of a written request under the preceding paragraph. In this case, the beneficiary certificate holder is deemed to have made the request in writing.

ja-jp	４　第一項の請求があったときは、受託信託会社等は、次の各号のいずれかに該当すると認められる場合を除き、これを拒むことができない。
en-us	(4) Having received a request as referred to in paragraph (1), a trustee trust company or financial institution may not deny the request except in a case that is found to fall under any of the following items:

ja-jp	一　当該請求を行う受益証券の権利者がその権利の確保又は行使に関する調査以外の目的で請求を行ったとき。
en-us	(i) the beneficiary certificate holder filing the request has filed the request for a purpose other than an investigation involved in ensuring or exercising their rights;

ja-jp	二　当該請求を行う受益証券の権利者が、当該特定目的信託の事務の遂行を妨げ、又は受益証券の権利者共同の利益を害する目的で請求を行ったとき。
en-us	(ii) the beneficiary certificate holder filing the request has filed the request for the purpose of obstructing the implementation of affairs of the specified purpose trust or harming the common interests of the beneficiary certificate holders;

ja-jp	三　当該請求を行う受益証券の権利者が、当該特定目的信託による資産の流動化に係る業務と実質的に競争関係にある事業を営み、又はこれに従事する者であるとき。
en-us	(iii) the beneficiary certificate holder filing the request is a person that carries out or engages in a business that, substantively competes with the business of asset securitization through the specified purpose trust;

ja-jp	四　当該請求を行う受益証券の権利者が、第一項の規定による閲覧若しくは謄写又は報告によって知り得た事実を利益を得て第三者に通報するため請求を行ったとき。
en-us	(iv) the beneficiary certificate holder filing the request has filed the request so as to notify a third party of the facts learned through the inspection, copying, or report under the provisions of paragraph (1) for a profit;

ja-jp	五　当該請求を行う受益証券の権利者が、過去二年以内において、第一項の規定による閲覧若しくは謄写又は報告によって知り得た事実を利益を得て第三者に通報したことがある者であるとき。
en-us	(v) the beneficiary certificate holder filing the request is a person that has notified a third party of the facts learned through the inspection, copying, or report under the provisions of paragraph (1) for a profit within the past two years; or

ja-jp	六　当該請求を行う受益証券の権利者が、不適当なときに第一項の規定による閲覧若しくは謄写又は報告の請求を行ったとき。
en-us	(vi) the beneficiary certificate holder filing the request to inspect the document, copy the thing, or receive the report under the provisions of paragraph (1) has filed that request at an inappropriate time.

ja-jp	５　信託法第三十六条（信託事務の処理の状況についての報告義務）、第三十八条（帳簿等の閲覧等の請求）及び第三十九条（他の受益者の氏名等の開示の請求）の規定は、受益証券の権利者については、適用しない。
en-us	(5) The provisions of Article 36 (Duty to Report on the Status of Trust-Related Administrative Processes), Article 38 (Request to Inspect the Books) and Article 39 (Request for Disclosure of the Name of Another Beneficiary) of the Trust Act do not apply to a beneficiary certificate holder.

ja-jp	（受益証券の権利者の権利の行使に関する利益供与）
en-us	(Providing Benefits for Exercise of Rights by Beneficiary Certificate Holders)

ja-jp	第二百六十八条　受託信託会社等は、何人に対しても受益証券の権利者の権利の行使に関して財産上の利益を供与してはならない。
en-us	Article 268 (1) A trustee trust company or financial institution must not provide any person with an economic benefit in association with the person's exercise of a right as a beneficiary certificate holder.

ja-jp	２　前項の規定に違反して受託信託会社等が財産上の利益を供与したときは、代表権利者、特定信託管理者又は各受益証券の権利者は、当該受託信託会社等に対して損失のてん補又は信託財産の復旧を求めることができる。
en-us	(2) If a trustee trust company or financial institution provides a person with an economic benefit in violation of the provisions of the preceding paragraph, the representative interest holder, the specified trust administrator, or a beneficiary certificate holder may demand that the trustee trust company or financial institution compensate for their losses or restore the trust property.

ja-jp	３　会社法第百二十条第二項及び第三項（株主等の権利の行使に関する利益の供与）の規定は、受益証券の権利者の権利の行使に関する利益の供与について準用する。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 120, paragraphs (2) and (3) (Giving Benefits on the Exercising of Rights of Shareholders) of the Companies Act apply mutatis mutandis to benefits provided for the exercise of a beneficiary certificate holder's rights. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	第五節　信託契約の変更等
en-us	Section 5 Changes to Trust Agreements

ja-jp	（特定目的信託契約の変更）
en-us	(Changes to Specified Purpose Trust Agreements)

ja-jp	第二百六十九条　特定目的信託契約の変更は、次の各号のいずれかに該当する場合を除くほか、行うことができない。
en-us	Article 269 (1) A specified purpose trust agreement may not be changed except in a case that falls under one of the following items:

ja-jp	一　受託信託会社等が権利者集会に提案してその承諾を受ける場合
en-us	(i) the trustee trust company or financial institution proposes and receives approval for the change at a meeting of interest holders;

ja-jp	二　特定目的信託の変更が裁判所により命じられた場合
en-us	(ii) the change of the specified purpose trust has been ordered by the court;

ja-jp	三　変更の内容が内閣府令で定める軽微な内容である場合
en-us	(iii) the content of the change is a content that Cabinet Office Order prescribes as being minor; or

ja-jp	四　その他投資者の保護に反しないことが明らかな場合として内閣府令で定める場合
en-us	(iv) a case that Cabinet Office Order prescribes as one in which it is evident that the change will not jeopardize the protection of the investors.

ja-jp	２　前項第一号の規定にかかわらず、特定目的信託契約の変更のうち、資産信託流動化計画に記載し、又は記録する事項で次に掲げるものについての変更は、行うことができない。
en-us	(2) Notwithstanding the provisions of item (i) of the preceding paragraph, in changing the specified purpose trust agreement, it is not permissible to change the information entered or recorded in the asset trust securitization plan as set forth in the following items:

ja-jp	一　第二百二十六条第一項第二号に掲げる事項のうち内閣府令で定めるもの
en-us	(i) the information set forth in Article 226, paragraph (1), item (ii) that Cabinet Office Order prescribes;

ja-jp	二　第二百二十六条第一項第三号から第五号までに掲げる事項のうち内閣府令で定めるもの（あらかじめ変更を行う場合の条件が資産信託流動化計画に定められている場合を除く。）
en-us	(ii) the information set forth in Article 226, paragraph (1), items (iii) through (v) that Cabinet Office Order prescribes (unless the conditions for making a change have been provided for in the asset trust securitization plan in advance); and

ja-jp	三　第二百二十五条第一項の規定による届出に係る資産信託流動化計画にその変更ができない旨の定めがあるもの
en-us	(iii) what the asset trust securitization plan prescribes as information stated in a notification under the provisions of Article 225, paragraph (1) that may not be changed.

ja-jp	３　第一項第一号の場合において、受託信託会社等は、特定目的信託契約の変更に関する議案の要領を第二百四十二条第二項又は第三項の規定による通知に記載し、又は記録しなければならない。
en-us	(3) In the case referred to in paragraph (1), item (i), the trustee trust company or financial institution must enter or record an outline of the proposal for the change to the specified purpose trust agreement in the notice under the provisions of Article 242, paragraph (2) or (3).

ja-jp	４　第一項第一号の承諾を行う権利者集会の決議は、総元本持分の二分の一（三分の一以上の割合を特定目的信託契約で定めた場合にあっては、その割合）を超える元本持分を有する受益証券の権利者が出席し、かつ、その議決権の三分の二（これを上回る割合を特定目的信託契約で定めた場合にあっては、その割合）以上に当たる多数をもって行わなければならない。この場合において、第二百四十四条第三項の規定は、適用しない。
en-us	(4) A resolution at a meeting of interest holders to grant the approval referred to in paragraph (1), item (i) must be passed by at least a two-thirds majority vote (or, if a higher proportion is provided for in the specified purpose trust agreement, that proportion) of the beneficiary certificate holders attending the meeting, with the beneficiary certificate holders in attendance holding more than half (or, if a proportion of one-third or more is provided for in the specified purpose trust agreement, that proportion) of the total shares of principal. In such a case, the provisions of Article 244, paragraph (3) do not apply.

ja-jp	５　第一項第三号及び第四号の場合における特定目的信託契約の変更は、受託信託会社等が行うものとする。
en-us	(5) The trustee trust company or financial institution is to change the specified purpose trust agreement in the cases referred to in paragraph (1), items (iii) and (iv).

ja-jp	６　信託法第百四十九条（第一項を除く。）（関係当事者の合意等）並びに第六章第二節（信託の併合）及び第三節（信託の分割）の規定は、特定目的信託については、適用しない。
en-us	(6) The provisions of Article 149 (excluding paragraph (1)) (Agreement among the Relevant Parties) and Chapter VI, Section 2 (Consolidation of Trusts) and Section 3 (Division of a Trust) of the Trust Act do not apply to a specified purpose trust.

ja-jp	（変更の通知等）
en-us	(Notices of Changes)

ja-jp	第二百七十条　前条第五項の場合において、受託信託会社等は、資産信託流動化計画に記載し、又は記録する事項に係る特定目的信託契約の変更を行ったときは、遅滞なく、その旨を各受益証券の権利者に通知し、又は内閣府令で定めるところにより、公告しなければならない。
en-us	Article 270 In the case referred to in paragraph (5) of the preceding Article, if in changing the specified purpose trust agreement, changes have been made to the information entered or recorded in the asset trust securitization plan, the trustee trust company or financial institution must, without delay, notify each beneficiary certificate holder of this or give public notice thereof pursuant to Cabinet Office Order provisions.

ja-jp	（反対者の買取請求権）
en-us	(Dissenting Beneficiary Certificate Holders' Right to Have Their Interests Purchased)

ja-jp	第二百七十一条　第二百六十九条第一項（第一号の場合に限る。）の規定により資産信託流動化計画に記載し、又は記録する事項に係る特定目的信託契約の変更を行う場合において、これを承諾する決議を行う権利者集会に先立ってその変更に反対する旨を受託信託会社等に対し書面をもって通知し、かつ、当該権利者集会において反対した受益証券の権利者は、当該受託信託会社等に対し、自己の有する受益権を当該変更がなければ当該受益権が有すべき公正な価格をもって買い取るべき旨を請求することができる。
en-us	Article 271 (1) If the the change to the specified purpose trust agreement is to change the information entered or recorded in the asset trust securitization plan pursuant to the provisions of Article 269, paragraph (1) (limited to the case referred to in item (i)), beneficiary certificate holders who have notified the trustee trust company or financial institution in writing that they will vote against the change prior to the meeting of interest holders for voting on the resolution to approve the change, and who have voted against the change at that meeting of interest holders may demand that the trustee trust company or financial institution purchase their beneficial interests at a fair price that would have been given for the beneficial interest if the change had not been made.

ja-jp	２　受益証券の権利者は、あらかじめ特定目的信託契約に定めがあるときは、前項の規定による書面による通知に代えて、電磁的方法により同項に規定する特定目的信託契約の変更に反対する旨を通知することができる。この場合において、当該受益証券の権利者は、当該書面による通知をしたものとみなす。
en-us	(2) If provisions have been established in the specified purpose trust agreement in advance, a beneficiary certificate holder may notify the trustee trust company or financial institution that it will vote against the change of the specified purpose trust agreement provided in the preceding paragraph by electronic or magnetic means, in lieu of a written notification under that paragraph. In this case, the beneficiary certificate holder is deemed to have made the notification in writing.

ja-jp	３　第一項の規定により受託信託会社等が受益権の買取りを行うときは、当該買取りの対価その他これに要した費用は、信託財産に関して負担する費用として受託信託会社等の負担とする。
en-us	(3) On purchasing a beneficial interest pursuant to the provisions of paragraph (1), the trustee trust company or financial institution bears the consideration for the purchase and any other costs required for the purchase as costs that is to be borne in connection with the trust property.

ja-jp	４　前項の場合において、買取りに係る受益権の処分の方法について、あらかじめ特定目的信託契約の定め又は権利者集会の決議がないときは、当該買取りに係る受益権は、消滅するものとする。
en-us	(4) In the case referred to in the preceding paragraph, if there is no provision in the specified purpose trust agreement or resolution at a meeting of interest holders in advance with regard to how beneficial interests purchased are to be disposed of, the beneficial interests purchased are to be extinguished.

ja-jp	５　信託法第百三条第四項から第八項まで（受益権取得請求）、第百四条（受益権の価格の決定等）、第二百六十二条（第五項を除く。）（信託に関する非訟事件の管轄）、第二百六十三条（信託に関する非訟事件の手続の特例）及び第二百六十四条（最高裁判所規則）の規定は、第一項の受益権の買取りの請求について準用する。この場合において、同法第百三条第四項中「重要な信託の変更等」とあるのは「資産の流動化に関する法律（以下「資産流動化法」という。）第二百六十九条第一項（第一号の場合に限る。）の規定により資産信託流動化計画に記載し、又は記録する事項に係る特定目的信託契約の変更」と、「受益者」とあるのは「資産流動化法第二百七十一条第一項に規定する受益証券の権利者」と、同条第五項中「官報による公告」とあるのは「公告」と、同条第六項中「第一項又は第二項」とあるのは「資産流動化法第二百七十一条第一項」と、「受益権の内容」とあるのは「元本持分（種類の異なる受益権を定めた場合にあっては、受益権の種類及び種類ごとの元本持分）」と、同条第八項中「重要な信託の変更等」とあるのは「資産流動化法第二百六十九条第一項（第一号の場合に限る。）の規定により資産信託流動化計画に記載し、又は記録する事項に係る特定目的信託契約の変更」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	(5) The provisions of Article 103, paragraphs (4) through (8) (Demand for the Acquisition of a Beneficial Interest); Article 104 (Valuation of a Beneficial Interest); Article 262 (excluding paragraph (5)) (Jurisdiction over Non-Contentious Cases Concerning Trusts); Article 263 (Special Provisions on Procedure in Non-Contentious Cases Concerning Trusts); and Article 264 (Supreme Court Rules) of the Trust Act apply mutatis mutandis to demands for the purchase of a beneficial interest referred to in paragraph (1). In such a case, the term "material change to the trust, etc." in Article 103, paragraph (4) of that Act is deemed to be replaced with "change to the specified purpose trust agreement to change the information entered or recorded in the asset trust securitization plan pursuant to the provisions of Article 269, paragraph (1) (but only in a case as referred to in item (i)) of the Act on Securitization of Assets (hereinafter referred to as the "Asset Securitization Act")"; the term "beneficiaries" in that paragraph is deemed to be replaced with "beneficiary certificate holder prescribed in Article 271, paragraph (1) of the Asset Securitization Act"; the term "public notice in the Official Gazette" in paragraph (5) of that Article is deemed to be replaced with "public notice"; the term "paragraph (1) or (2)" in paragraph (5) of that Article is deemed to be replaced with "Article 271, paragraph (1) of the Asset Securitization Act"; the term "details of the beneficial interest" in that paragraph is deemed to be replaced with "share of principal (or, if multiple classes of beneficial interest are provided for, the classes of beneficial interest and the share of principal associated with each class)"; the term "material change to the trust, etc." in paragraph (8) of that Article is deemed to be replaced with "change to the specified purpose trust agreement to change the information entered or recorded in the asset trust securitization plan pursuant to the provisions of Article 269, paragraph (1) (but only in the case referred to in item (i)) of the Asset Securitization Act"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	６　信託法第四章第二節第四款（受益権取得請求権）の規定は、特定目的信託については、適用しない。
en-us	(6) The provisions of Chapter IV, Section 2, Subsection 4 (Right to Demand the Acquisition of a Beneficial Interest) of the Trust Act do not apply to specified purpose trusts.

ja-jp	（元本持分を有しない種類の受益権に係る特例）
en-us	(Special Provisions on Beneficial Interest of Classes with No Share of Principal)

ja-jp	第二百七十二条　特定目的信託契約において受益権を元本持分を有しない種類の受益権に分割している場合であって第二百六十九条第一項（第一号の場合に限る。）の規定により資産信託流動化計画に記載し、又は記録する事項に係る特定目的信託契約の変更を行うときは、権利者集会の承諾の決議のほか種類権利者集会（元本持分を有しない種類の受益権に係るものに限る。）の承諾を得なければならない。
en-us	Article 272 (1) If beneficial interest is divided into classes in the specified purpose trust agreement and there is a class of beneficial interest that carries no share of principal, before changing the specified purpose trust agreement to change the information entered or recorded in the asset trust securitization plan pursuant to the provisions of Article 269, paragraph (1) (but only in a case as referred to in item (i)), in addition to the resolution for approval at the meeting of interest holders, approval must be obtained at the class meeting of interest holders (but only those with beneficial interest in a class with no share of principal).

ja-jp	２　第二百六十九条第三項及び第四項並びに前条の規定は、前項の承諾の決議を行う種類権利者集会について準用する。この場合において、第二百六十九条第四項中「元本持分」とあるのは「利益持分」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 269, paragraphs (3) and (4) and the preceding Article apply mutatis mutandis to a class meeting of interest holders where the resolution for approval referred to in the preceding paragraph is voted on. In such a case, the term "share of principal" in Article 269, paragraph (4) is deemed to be replaced with "share of interest", and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（受託信託会社等の責任の免除）
en-us	(Trustee Trust Companies' and Financial Institutions' Exemption from Liability)

ja-jp	第二百七十三条　受託信託会社等及びその理事、取締役若しくは執行役又はこれらに準ずる者の責任の免除は、権利者集会の決議によるものとする。
en-us	Article 273 (1) An exemption from liability involving a trustee trust company or financial institution, its director or executive officer, or any person equivalent thereto requires a resolution at a meeting of interest holders.

ja-jp	２　前項の権利者集会の決議は、受益証券の権利者の全員一致をもって行う。この場合において、第二百四十四条第三項の規定は、適用しない。
en-us	(2) A resolution at a meeting of interest holders referred to in the preceding paragraph is passed with the unanimous consent of the beneficiary certificate holders. In such a case, the provisions of Article 244, paragraph (3) do not apply.

ja-jp	（受託信託会社等の辞任及び解任）
en-us	(Resignation and Dismissal of Trustee Trust Companies and Financial Institutions)

ja-jp	第二百七十四条　受託信託会社等の辞任の同意は、権利者集会の決議によるものとする。
en-us	Article 274 (1) The consent to the resignation of a trustee trust company or financial institution requires a resolution at a meeting of interest holders.

ja-jp	２　受託信託会社等に職務遂行に関し不正の行為又は法令若しくは特定目的信託契約に違反する重大な事実があるときは、裁判所は、権利者集会の決議による請求により、当該受託信託会社等を解任することができる。
en-us	(2) In the event of misconduct in the performance of duties at a trustee trust company or financial institution or if a material fact exists in connection with their performance that constitutes a violation of laws and regulations or the specified purpose trust agreement, the court may dismiss the trustee trust company or financial institution as per a request based on a resolution at a meeting of interest holders.

ja-jp	３　受託信託会社等が信託業法第七条第三項（同法第五十四条第二項において準用する場合を含む。）の登録の更新をしなかった場合、同法第四十四条第一項の規定により同法第三条の免許を取り消された場合、同法第四十五条第一項の規定により同法第七条第一項の登録を取り消された場合、同法第五十九条第一項の規定により同法第五十三条第一項の免許を取り消された場合、同法第六十条第一項の規定により同法第五十四条第一項の登録を取り消された場合又は金融機関の信託業務の兼営等に関する法律第十条の規定により同法第一条第一項の認可を取り消された場合における前項の規定の適用については、同項中「権利者集会の決議」とあるのは、「権利者集会の決議又は内閣総理大臣」とする。
en-us	(3) To apply the provisions of the preceding paragraph if a trustee trust company or financial institution fails to renew the registration referred to in Article 7, paragraph (3) of the Trust Business Act (including as applied mutatis mutandis pursuant to Article 54, paragraph (2) of that Act); if the license referred to in Article 3 of that Act is rescinded pursuant to the provisions of Article 44, paragraph (1) of that Act; if the registration referred to in Article 7, paragraph (1) of that Act is rescinded pursuant to the provisions of Article 45, paragraph (1) of that Act; if the license referred to in Article 53, paragraph (1) of that Act is rescinded pursuant to the provisions of Article 59, paragraph (1) of that Act; if the registration referred to in Article 54, paragraph (1) of that Act is rescinded pursuant to the provisions of Article 60, paragraph (1) of that Act; or if the authorization referred to in Article 1, paragraph (1) of the Act on Engagement in Trust Business by Financial Institutions is rescinded pursuant to the provisions of Article 10 of that Act, the term "resolution at a meeting of interest holders" in the preceding paragraph is deemed to be replaced with "resolution at a meeting of interest holders or a request from the Prime Minister".

ja-jp	４　信託業法第四十九条（第一項を除く。）の規定は、前項の場合について準用する。
en-us	(4) The provisions of Article 49 (excluding paragraph (1)) of the Trust Business Act apply mutatis mutandis to the cases referred to in the preceding paragraph.

ja-jp	５　第二百六十九条第四項の規定は第一項の権利者集会の決議について、信託法第二百六十二条（第五項を除く。）（信託に関する非訟事件の管轄）の規定は第二項（第三項の規定により適用する場合を含む。）の規定により解任する場合について、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	(5) The provisions of Article 269, paragraph (4) apply mutatis mutandis to a resolution at a meeting of interest holders referred to in paragraph (1), and the provisions of Article 262 (excluding paragraph (5)) (Jurisdiction over Non-Contentious Cases Concerning Trusts) of the Trust Act apply mutatis mutandis to cases of dismissal pursuant to the provisions of paragraph (2) (including as applied mutatis mutandis pursuant to paragraph (3)). In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	第二百七十五条　受託信託会社等が辞任し、又は解任された場合には、当該受託信託会社等であった信託会社等（以下この条において「前受託信託会社等」という。）は、遅滞なく、信託財産に係る財産目録及び貸借対照表を作成し、権利者集会の承認を受けなければならない。この場合において、信託法第七十七条第二項の規定の適用については、同項中「受益者（信託管理人が現に存する場合にあっては、信託管理人。次項において同じ。）が前項の計算」とあるのは、「権利者集会が資産の流動化に関する法律第二百七十五条第一項の財産目録及び貸借対照表」とする。
en-us	Article 275 (1) If a trustee trust company or financial institution resigns or is dismissed, the trust company or financial institution that was the trustee trust company or financial institution (hereinafter referred to as the "former trustee trust company or financial institution" in this Article), must, without delay, prepare an inventory of property and a balance sheet for the trust property and receive approval at a meeting of interest holders. In such a case, to apply the provisions of Article 77, paragraph (2) of the Trust Act, the phrase "a beneficiary (in cases where there is a trust administrator, the trust administrator; the same applies in the following paragraph) approves the accounting referred to in the preceding paragraph" in that paragraph is deemed to be replaced with "the inventory of property and balance sheet referred to in Article 275, paragraph (1) of the Act on Securitization of Assets are approved at a meeting of interest holders".

ja-jp	２　前受託信託会社等による信託事務の引継ぎは、代表権利者が定められているときは代表権利者、代表権利者が定められていないときは権利者集会の決議により定められた者の立会いの下に行わなければならない。
en-us	(2) The trust affairs must be handed over by a former trustee trust company or financial institution in the presence of a representative interest holder, if there is one, and in the presence of the person specified by resolution at a meeting of interest holders, if there is no representative interest holder.

ja-jp	３　前受託信託会社等は、第一項の承認を行う権利者集会の会日の一週間前から同項の書類を本店に備え置かなければならない。
en-us	(3) A former trustee trust company or financial institution must keep the documents referred to in paragraph (1) at its head office from one week prior to the date of the meeting of interest holders to vote on the approval referred to in that paragraph.

ja-jp	４　第二百四十四条第三項の規定は、第一項の承認を行う権利者集会については、適用しない。
en-us	(4) The provisions of Article 244, paragraph (3) do not apply to the meeting of interest holders to vote on the approval referred to in paragraph (1).

ja-jp	５　会社法第四百四十二条第三項（計算書類等の備置き及び閲覧等）の規定は、第一項の財産目録及び貸借対照表について準用する。この場合において、同条第三項中「株主及び債権者」とあるのは「各受益証券の権利者及び受託信託会社等であった信託会社等が当該特定目的信託の事務を処理するために行った資金の借入れに係る債権者」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	(5) The provisions of Article 442, paragraph (3) (Keeping and Inspection of Financial Statements) of the Companies Act apply mutatis mutandis to the inventory of property and the balance sheet referred to in paragraph (1). In such a case, the term "The shareholders and creditors" in paragraph (3) of that Article is deemed to be replaced with "The beneficiary certificate holders and creditors from which the trust company or financial institution that served as the trustee trust company or financial institution has borrowed funds for administering the affairs of the specified purpose trust"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	（特定目的信託契約の終了の決議）
en-us	(Resolution to Terminate Specified Purpose Trust Agreements)

ja-jp	第二百七十六条　特定目的信託契約は、権利者集会の決議により、これを終了させることができる。
en-us	Article 276 (1) A specified purpose trust agreement may be terminated by resolution at a meeting of interest holders.

ja-jp	２　第二百六十九条第四項の規定は、前項の決議について準用する。
en-us	(2) The provisions of Article 269, paragraph (4) apply mutatis mutandis to the resolution referred to in the preceding paragraph.

ja-jp	３　信託法第百六十四条（委託者及び受益者の合意等による信託の終了）の規定は、特定目的信託については、適用しない。
en-us	(3) The provisions of Article 164 (Termination of a Trust by Agreement between the Settlor and Beneficiaries) of the Trust Act do not apply to a specified purpose trust.

ja-jp	（特定目的信託の終了を命ずる裁判）
en-us	(Judicial Decisions Ordering the Termination of Specified Purpose Trusts)

ja-jp	第二百七十七条　次に掲げる場合においてやむを得ない事由があるときは、十分の一以上の元本持分を有する受益証券の権利者は、前条第一項の規定にかかわらず、特定目的信託の終了を裁判所に請求することができる。
en-us	Article 277 (1) Notwithstanding the provisions of paragraph (1) of the preceding Article, in the following cases, if there are unavoidable circumstances, beneficiary certificate holders holding at least one-tenth of the shares of principal may file a claim with the court for the termination of the specified purpose trust:

ja-jp	一　受託信託会社等が信託事務の遂行上著しく困難な状況に至り、信託財産に回復することのできない損害を生じ、又は生ずるおそれがある場合
en-us	(i) if the trustee trust company or financial institution faces extreme difficulty in implementing the trust affairs and it has caused or is likely to cause irreparable harm to the trust property; or

ja-jp	二　受託信託会社等の信託財産の管理又は処分が著しく不適当で、信託財産に回復することのできない損害を生じ、又は生ずるおそれがある場合
en-us	(ii) if the administration or disposition of the trust property by the trustee trust company or financial institution is extremely inappropriate, and it has caused or is likely to cause irreparable harm to the trust property.

ja-jp	２　会社法第八百三十五条第一項（訴えの管轄及び移送）及び第八百四十六条（原告が敗訴した場合の損害賠償責任）の規定は、前項の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 835, paragraph (1) (Jurisdiction over and Transfer of an Action) and Article 846 (Order to Provide Security) of the Companies Act apply mutatis mutandis to the claim referred to in the preceding paragraph. In such a case, Cabinet Order provides for the necessary technical replacement of terms.

ja-jp	（特定目的信託契約の終了原因）
en-us	(Causes for Termination of Specified Purpose Trust Agreements)

ja-jp	第二百七十八条　特定目的信託契約は、次に掲げる事由によって終了する。
en-us	Article 278 A specified purpose trust agreement is terminated on any of the following grounds:

ja-jp	一　信託法第百六十三条各号（信託の終了事由）に掲げる事由の発生
en-us	(i) the occurrence of the grounds set forth in the items of Article 163 (Grounds for Termination of a Trust) of the Trust Act;

ja-jp	二　第二百七十六条の権利者集会の決議
en-us	(ii) a resolution at a meeting of interest holders referred to in Article 276;

ja-jp	三　前条第一項の特定目的信託の終了を命ずる裁判
en-us	(iii) a judicial decision ordering the termination of the specified purpose trust referred to in paragraph (1) of the preceding Article; or

ja-jp	四　その他政令で定める事由の発生
en-us	(iv) the occurrence of any other grounds specified by Cabinet Order.

ja-jp	（特定目的信託契約の終了時における信託財産の分配）
en-us	(Distribution of Trust Property on Termination of Specified Purpose Trust Agreements)

ja-jp	第二百七十九条　特定目的信託契約が終了する場合は、受託信託会社等は、遅滞なく、信託財産を処分し、当該処分により得られた金銭を資産信託流動化計画の定めに従い分配しなければならない。
en-us	Article 279 (1) If a specified purpose trust agreement is terminated, the trustee trust company or financial institution must, without delay, dispose of the trust property, and distribute the monies gained through disposing them in accordance with the provisions of the asset trust securitization plan.

ja-jp	２　前項の場合において、信託法第三十一条（利益相反行為の制限）の規定は、適用しない。
en-us	(2) In the case referred to in the preceding paragraph, the provisions of Article 31 (Restrictions on Acts Involving Conflicts of Interest) of the Trust Act do not apply.

ja-jp	３　第二百七十五条第一項、第三項及び第四項並びに会社法第四百四十二条第三項（計算書類等の備置き及び閲覧等）の規定は、第一項の場合について準用する。この場合において、第二百七十五条第一項中「当該受託信託会社等であった信託会社等（以下この条において「前受託信託会社等」という。）」とあるのは「当該受託信託会社等」と、同法第四百四十二条第三項中「株主及び債権者」とあるのは「各受益証券の権利者」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	(3) The provisions of Article 275, paragraphs (1), (3), and (4) of this Act and the provisions of Article 442, paragraph (3) (Keeping and Inspection of Financial Statements) of the Companies Act apply mutatis mutandis to the case referred to in paragraph (1). In such a case, the phrase "the trust company or financial institution that served as the trustee trust company or financial institution (hereinafter referred to as the "former trustee trust company or financial institution" in this Article)" in Article 275, paragraph (1) is deemed to be replaced with "the former trustee trust company or financial institution"; the term "The shareholders and creditors" in Article 442, paragraph (3) of the Companies Act is deemed to be replaced with "The beneficiary certificate holders"; and Cabinet Order provides for any other necessary technical replacement of terms.

ja-jp	第六節　受託信託会社等の権利義務等
en-us	Section 6 Rights and Obligations of Trustee Trust Companies and Financial Institutions

ja-jp	（受益証券の権利者に対する忠実義務等）
en-us	(Duty of Loyalty to Beneficiary Certificate Holders)

ja-jp	第二百八十条　受託信託会社等は、法令及び特定目的信託契約に従い受益証券の権利者のために忠実に信託事務を処理しなければならない。
en-us	Article 280 (1) A trustee trust company or financial institution must faithfully administer the trust affairs for the beneficiary certificate holders in accordance with laws and regulations and the specified purpose trust agreement.

ja-jp	２　受託信託会社等は、特定目的信託契約に従い善良な管理者の注意をもって信託事務を処理しなければならない。
en-us	(2) A trustee trust company or financial institution must administer the trust affairs with the due care of a prudent manager in accordance with the specified purpose trust agreement.

ja-jp	（受託信託会社等の費用償還請求権）
en-us	(Right of Trustee Trust Company or Financial Institution to Claim Reimbursement of Costs)

ja-jp	第二百八十一条　受託信託会社等は、信託財産に関して負担した公租公課、第二百三十一条の規定により行った資金の借入れに係る債務その他の費用又は信託事務を処理するため自己に過失なくして受けた損害の補償については、信託財産を売却し、他の権利者に先立ってその権利を行使することができる。ただし、その権利を行使することが信託の目的に反することとなる場合には、その間、行使することができない。
en-us	Article 281 A trustee trust company or financial institution may sell the trust property and exercise its rights in preference to other right holders as regards expenses such as taxes and other public charges it has borne in connection with the trust property and debts from funds borrowed pursuant to the provisions of Article 231, or as regards compensation for damage incurred through administering the trust affairs in the absence of negligence; provided, however, that it may not exercise these rights if doing so would run counter to the purpose of the trust.

ja-jp	（受託信託会社等の報酬）
en-us	(Remuneration of Trustee Trust Companies and Financial Institutions)

ja-jp	第二百八十二条　受託信託会社等は、特定目的信託契約の定めに基づき信託財産から報酬を得ることができる。
en-us	Article 282 (1) A trustee trust company or financial institution may receive remuneration from the trust property based on the provisions of the specified purpose trust agreement.

ja-jp	２　前条の規定は、前項の場合について準用する。
en-us	(2) The provisions of the preceding Article apply mutatis mutandis to the case referred to in the preceding paragraph.

ja-jp	（特定目的信託契約及び権利者名簿等の公示）
en-us	(Public Notice of Specified Purpose Trust Agreements and Beneficiary Certificate Holder Registers)

ja-jp	第二百八十三条　受託信託会社等は、特定目的信託契約の契約書の副本又は謄本を本店及び支店に、権利者名簿を本店に備え置かなければならない。
en-us	Article 283 (1) A trustee trust company or financial institution must keep a duplicate or certified copy of the written specified purpose trust agreement at its head office and branch offices, and must keep the beneficiary certificate holder register at its head office.

ja-jp	２　前項の規定にかかわらず、権利者名簿管理人を置いた場合には、権利者名簿をその営業所に備え置かなければならない。
en-us	(2) Notwithstanding the provisions of the preceding paragraph, if there is an administrator for the beneficiary certificate holder register, a trustee trust company or financial institution must keep the beneficiary certificate holder register at its business office.

ja-jp	３　受託信託会社等が特定目的信託に係る信託事務を処理するに当たって行った資金の借入れに係る債権者、各受益証券の権利者、代表権利者及び特定信託管理者は、受託信託会社等又は権利者名簿管理人の営業時間内においていつでも前二項の書類の閲覧又は謄写を求めることができる。
en-us	(3) A creditor from which the trustee trust company or financial institution has borrowed funds in administering the trust affairs for a specified purpose trust, any beneficiary certificate holder, the representative interest holder, or the specified trust administrator may request to inspect or copy the documents referred to in the preceding two paragraphs at any time during the business hours of the trustee trust company or financial institution, or the administrator of the beneficiary certificate holder register.

ja-jp	（業務の委託）
en-us	(Entrustment of Business)

ja-jp	第二百八十四条　受託信託会社等は、信託財産の管理又は処分に係る業務を他人に委託する場合においては、原委託者又は信託財産の管理及び処分を適正に遂行するに足りる財産的基礎及び人的構成を有する者に委託しなければならない。
en-us	Article 284 (1) If the trustee trust company or financial institution entrusts another person with the business of administering or disposing the trust property, the person it entrusts must be the originator or a person with a sufficient financial basis and personnel structure to appropriately carry out the administration and disposition of the trust property.

ja-jp	２　前項の場合において、受託信託会社等が信託財産たる不動産（建物又は宅地建物取引業法第二条第一号に規定する宅地をいう。）の売買、交換又は賃貸に係る業務を委託するときは、不動産特定共同事業法第六条各号（第十二号及び第十三号を除く。）のいずれにも該当しない者に委託しなければならない。
en-us	(2) In the case referred to in the preceding paragraph, if the trustee trust company or financial institution entrusts a person with the business of purchasing and selling, exchanging, or leasing real property (meaning buildings or building lots prescribed in Article 2, item (i) of the Real Estate Brokerage Act) that constitutes trust property, the person it entrusts must be one that does not fall under any of the items of Article 6 (excluding items (xii) and (xiii)) of the Act on Specified Joint Real Estate Ventures.

ja-jp	３　第二百条第三項及び第二百二条の規定は、第一項の委託について準用する。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 200, paragraph (3) and Article 202 apply mutatis mutandis to the entrustment referred to in paragraph (1). In such a case, Cabinet Order provides for any necessary technical replacement of terms.

ja-jp	（受益証券の引受け）
en-us	(Subscription for Beneficiary Certificates)

ja-jp	第二百八十五条　受託信託会社等は、固有財産により金融商品取引法第二条第八項第六号の行為を行った場合において、受益証券の全部を取得したときは、これを相当の時期に処分しなければならない。
en-us	Article 285 If a trustee trust company or financial institution engages in the act referred to in Article 2, paragraph (8), item (vi) of the Financial Instruments and Exchange Act using its own assets and acquires all of the beneficiary certificates, it must dispose of them at an appropriate time.

ja-jp	（受益証券の募集等）
en-us	(Public Offerings and Private Placements of Beneficiary Certificates)

ja-jp	第二百八十六条　第二百八条第二項及び第二百九条の規定は、原委託者が行う受益証券の募集等（金融商品取引法第二条第三項に規定する有価証券の募集又は有価証券の私募をいう。次項において同じ。）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 286 (1) The provisions of Article 208, paragraph (2) and Article 209 apply mutatis mutandis to a public offering or private placement (meaning a public offering of securities or private placement of securities prescribed in Article 2, paragraph (3) of the Financial Instruments and Exchange Act; the same applies in the following paragraph) of beneficiary certificates by the originator. In such a case, Cabinet Order provides for any necessary technical replacement of terms.

ja-jp	２　受益証券の募集等の相手方は、受託信託会社等に対し、特定目的信託契約に定める費用を支払い、特定目的信託契約の契約書の謄本又は抄本その他内閣府令で定める書類の交付を請求することができる。
en-us	(2) The other party to a public offering or private placement of beneficiary certificates may pay the cost prescribed in the specified purpose trust agreement and file a request with the trustee trust company or financial institution to be issued a certified copy or extract of the written specified purpose trust agreement or other documents that Cabinet Office Order prescribes.

ja-jp	３　受託信託会社等は、前項の請求があったときは、これに応じなければならない。
en-us	(3) Having received a request referred to in the preceding paragraph, a trustee trust company or financial institution must respond to the request.

ja-jp	４　第四十条第九項の規定は、特定目的信託契約の契約書の謄本又は抄本その他内閣府令で定める書類の交付について準用する。この場合において、同項中「取締役」とあるのは「受託信託会社等」と、「前項」とあるのは「第二百八十六条第二項及び第三項」と、「申込者」とあるのは「受益証券の募集等の相手方」と、「資産流動化計画の謄本又は抄本に記載すべき事項」とあるのは「特定目的信託契約の契約書の謄本又は抄本に記載すべき事項その他内閣府令で定める事項」と読み替えるものとする。
en-us	(4) The provisions of Article 40, paragraph (9) apply mutatis mutandis to the issuance of a certified copy or extract of the written specified purpose trust agreement or other documents that Cabinet Office Order prescribes. In such a case, the terms "director", "the preceding paragraph", "the offeror", and "information that is required to be entered in the certified copy or extract of the asset securitization plan" in that paragraph are deemed to be replaced with "trustee trust company or financial institution", "Article 286, paragraphs (2) and (3)", "the other party to the public offering or private placement of beneficiary certificates", and " information that is required to be entered in the certified copy or extract of the written specified purpose trust agreement and the information that Cabinet Office Order prescribes", respectively.

ja-jp	第七節　雑則
en-us	Section 7 Miscellaneous Provisions

ja-jp	（不動産登記法に係る特例）
en-us	(Special Provisions on the Real Property Registration Act)

ja-jp	第二百八十七条　特定目的信託に係る不動産登記法（平成十六年法律第百二十三号）第九十七条第一項（信託の登記の記載事項）の規定の適用については、同項第三号中「信託管理人」とあるのは、「代表権利者又は特定信託管理者」とする。
en-us	Article 287 To apply the provisions of Article 97, paragraph (1) (Information Required to be Entered for Registration of Trust) of the Real Property Registration Act (Act No. 123 of 2004) to specified purpose trusts, the term "trust administrator" in item (iii) of that paragraph is deemed to be replaced with "representative interest holder or specified trust administrator".

ja-jp	第二百八十八条　この法律の規定により特定目的信託に関してする公告は、当該特定目的信託の受託信託会社等（受託信託会社等の任務の終了後新受託信託会社等の就任前にあっては、前受託信託会社等）における公告の方法（公告の期間を含む。）によりしなければならない。
en-us	Article 288 The public notice issued with regard to a specified purpose trust pursuant to the provisions of this Act must be issued through the means of public notice (and also the period of public notice) used by the trustee trust company or financial institution (or, in the case of a public notice issued after the termination of duties of one trustee trust company or financial institution and prior to the assumption of duties by a new trustee trust company or financial institution, by the former trustee trust company or financial institution) of the specified purpose trust.

ja-jp	第四編　雑則
en-us	Part IV Miscellaneous Provisions

ja-jp	（財務大臣への資料提出等）
en-us	(Submission of Materials to Minister of Finance)

ja-jp	第二百八十九条　財務大臣は、その所掌に係る金融破綻処理制度及び金融危機管理に関し、資産の流動化に係る制度の企画又は立案をするため必要があると認めるときは、内閣総理大臣に対し、必要な資料の提出及び説明を求めることができる。
en-us	Article 289 (1) If the Minister of Finance finds that it is necessary to do so in order to undertake planning or policymaking for asset securitization systems in connection with the financial failure resolution system or financial crisis management under the Minister's jurisdiction, the Minister may ask the Prime Minister to submit necessary materials and provide explanations.

ja-jp	２　財務大臣は、その所掌に係る金融破綻処理制度及び金融危機管理に関し、資産の流動化に係る制度の企画又は立案をするため特に必要があると認めるときは、その必要の限度において、特定目的会社に対し、資料の提出、説明その他の協力を求めることができる。
en-us	(2) If the Minister of Finance finds it particularly necessary to do so in order to undertake planning or policymaking for asset securitization systems in connection with the financial failure resolution system or financial crisis management under the Minister's jurisdiction, the Minister, within the scope of that necessity, may ask a specified purpose company to submit materials, and provide explanations or any other cooperation.

ja-jp	（権限の委任等）
en-us	(Delegation of Authority)

ja-jp	第二百九十条　内閣総理大臣は、この法律による権限（政令で定めるものを除く。）を金融庁長官に委任する。
en-us	Article 290 (1) The Prime Minister delegates the authority under this Act (other than that which Cabinet Order prescribes) to the Commissioner of the Financial Services Agency.

ja-jp	２　金融庁長官は、前項の規定により委任された権限のうち、次に掲げるものを証券取引等監視委員会（以下「委員会」という。）に委任する。ただし、報告又は資料の提出を命ずる権限は、金融庁長官が自ら行うことを妨げない。
en-us	(2) The Commissioner of the Financial Services Agency delegates the following authority that has been delegated thereto pursuant to the provisions of the preceding paragraph to the Securities and Exchange Surveillance Commission (hereinafter referred to as the "Commission"); provided, however, that this does not preclude the Commissioner of the Financial Services Agency from personally exercising the authority to order reporting or the submission of materials:

ja-jp	一　第二百九条第二項において準用する第二百十七条第一項の規定による権限（資産対応証券の募集等の取扱いに係る取引の公正の確保に係る規定として政令で定める規定に関するものに限る。）
en-us	(i) the authority under the provisions of Article 217, paragraph (1) as applied mutatis mutandis pursuant to Article 209, paragraph (2) (but only authority in connection with the provisions that Cabinet Order prescribes as ensuring fairness in transactions that involve the handling of public offerings and private placements of asset-backed securities); and

ja-jp	二　第二百八十六条第一項において準用する第二百九条第二項において準用する第二百十七条第一項の規定による権限（受益証券の募集等に係る取引の公正の確保に係る規定として政令で定める規定に関するものに限る。）
en-us	(ii) the authority prescribed in Article 217, paragraph (1) as applied mutatis mutandis pursuant to Article 209, paragraph (2) as applied mutatis mutandis pursuant to Article 286, paragraph (1) (but only authority in connection with the provisions that Cabinet Order as ensuring fairness in transactions that involve public offerings and private placements of beneficiary certificates).

ja-jp	３　金融庁長官は、政令で定めるところにより、第一項の規定により委任された権限（前項の規定により委員会に委任されたものを除く。）のうち、第二百十七条第一項（第二百九条第二項（第二百八十六条第一項において準用する場合を含む。）において準用する場合を含む。）の規定によるものを委員会に委任することができる。
en-us	(3) The Commissioner of the Financial Services Agency may delegate the authority under the provisions of Article 217, paragraph (1) (including as applied mutatis mutandis pursuant to Article 209, paragraph (2) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1))) that has been delegated thereto pursuant to the provisions of paragraph (1) (other than what is delegated to the Commission pursuant to the provisions of the preceding paragraph) to the Commission, pursuant to the provisions of Cabinet Order.

ja-jp	４　委員会は、前項の規定により委任された権限を行使したときは、速やかに、その結果について金融庁長官に報告するものとする。
en-us	(4) The Commission, having exercised the authority delegated pursuant to the provisions of the preceding paragraph, is to promptly report the results of this to the Commissioner of the Financial Services Agency.

ja-jp	５　金融庁長官は、政令で定めるところにより、第一項の規定により委任された権限（第二項及び第三項の規定により委員会に委任されたものを除く。）の一部を財務局長又は財務支局長に委任することができる。
en-us	(5) The Commissioner of the Financial Services Agency, pursuant to the provisions of Cabinet Order, may delegate a part of the authority delegated pursuant to the provisions of paragraph (1) (other than what is delegated to the Commission pursuant to the provisions of paragraphs (2) and (3)) to the Director-General of a Local Finance Bureau or the Director-General of a Local Finance Branch Bureau.

ja-jp	６　委員会は、政令で定めるところにより、第二項及び第三項の規定により委任された権限の一部を財務局長又は財務支局長に委任することができる。
en-us	(6) The Commission, pursuant to the provisions of Cabinet Order, may delegate a part of the authority delegated pursuant to the provisions of paragraphs (2) and (3) to the Director-General of a Local Finance Bureau or the Director-General of a Local Finance Branch Bureau.

ja-jp	７　前項の規定により財務局長又は財務支局長に委任された権限に係る事務に関しては、委員会が財務局長又は財務支局長を指揮監督する。
en-us	(7) The Commissioner directs and supervises the Director-General of the Local Finance Bureau or the Director-General of the Local Finance Branch Bureau in conducting the affairs involved in the authority delegated to the Director-General of the Local Finance Bureau or the Director-General of the Local Finance Branch Bureau pursuant to the provisions of the preceding paragraphs.

ja-jp	（委員会の命令に対する審査請求）
en-us	(Request for Administrative Review of Orders Issued by the Commission)

ja-jp	第二百九十一条　委員会が前条第二項又は第三項の規定により行う報告又は資料の提出の命令（同条第六項の規定により財務局長又は財務支局長が行う場合を含む。）についての審査請求は、委員会に対してのみ行うことができる。
en-us	Article 291 A request for an administrative review of an order to report or to submit materials issued by the Commission pursuant to the provisions of paragraph (2) or (3) of the preceding Article (including if such an order is issued by the Director-General of a Local Finance Bureau or the Director-General of a Local Finance Branch Bureau pursuant to the provisions of paragraph (6) of that Article) may only be filed with the Commission.

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

ja-jp	第二百九十二条　この法律に定めるもののほか、この法律による届出に関する手続その他この法律を実施するため必要な事項は、内閣府令で定める。
en-us	Article 292 Beyond what is provided for in this Act, Cabinet Office Order prescribes the procedures for notifications under this Act and the necessary particulars for the implementation of this Act.

ja-jp	第二百九十三条　この法律の規定に基づき命令を制定し、又は改廃する場合においては、その命令で、その制定又は改廃に伴い合理的に必要と判断される範囲内において、所要の経過措置（罰則に係る経過措置を含む。）を定めることができる。
en-us	Article 293 If an order is enacted, amended, or repealed based on the provisions of this Act, the necessary transitional measures (including transitional measures concerning penal provisions) may be provided for by that order to the extent considered reasonably necessary for the enactment, amendment or repeal.

ja-jp	第五編　罰則
en-us	Part V Penal Provisions

ja-jp	第二百九十四条　次の各号に掲げる違反があった場合においては、その違反行為をした者は、三年以下の拘禁刑若しくは三百万円以下の罰金に処し、又はこれを併科する。
en-us	Article 294 If there has been a violation as set forth in one of the following items, the person that has committed the violation is subject to imprisonment with work for not more than three years, a fine of not more than three million yen, or both:

ja-jp	一　第四条第一項又は第十一条第一項の規定に違反して届出をしないで資産の流動化に係る業務を行ったとき。
en-us	(i) a person engages in the business of asset securitization without filing a notification, in violation of Article 4, paragraph (1) or Article 11, paragraph (1);

ja-jp	二　第七条第二項（第十一条第五項において準用する場合を含む。以下この号において同じ。）に違反して第七条第二項に規定する資料（これらの資料が電磁的記録で作成されている場合における内閣府令で定める電磁的記録又は当該電磁的記録に記録された事項を記載した書面を含む。）を提出しないで資産対応証券を発行したとき。
en-us	(ii) a person violates Article 7, paragraph (2) (including as applied mutatis mutandis pursuant to Article 11, paragraph (5); hereinafter the same applies in this item) in issuing asset-backed securities without submitting the materials prescribed in Article 7, paragraph (2) (or, if the materials are prepared as electronic or magnetic records, the electronic or magnetic records that Cabinet Office Order prescribes or documents stating the information recorded in the electronic or magnetic records);

ja-jp	三　第九条第一項の規定に違反して届出をしなかったとき。
en-us	(iii) a person fails to file a notification, in violation of Article 9, paragraph (1);

ja-jp	四　第百九十五条第一項の規定に違反したとき。
en-us	(iv) a person violates the provisions of Article 195, paragraph (1);

ja-jp	五　第百九十六条の規定に違反したとき。
en-us	(v) a person violates the provisions of Article 196;

ja-jp	六　第二百三条の規定に違反して同条に規定する者に同条に規定する業務を委託せず、当該業務を行ったとき。
en-us	(vi) a person fails to entrust the business prescribed in Article 203 to a person prescribed in that Article and personally carries out that business, in violation of the provisions of that Article;

ja-jp	七　第二百七条の規定に違反して募集等に係る事務を行ったとき。
en-us	(vii) a person violates Article 207 in conducting the affairs involved in public offering or private placement;

ja-jp	八　第二百八条第二項（第二百八十六条第一項において準用する場合を含む。）の規定に違反して届出をしないで募集等の取扱いを行ったとき。
en-us	(viii) a person violates Article 208, paragraph (2) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1)) in handling public offering or private placement without filing a notification;

ja-jp	九　第二百九条第一項（第二百八十六条第一項において準用する場合を含む。）において準用する金融商品取引法第三十九条第一項の規定に違反したとき。
en-us	(ix) a person violates the provisions of Article 39, paragraph (1) of the Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 209, paragraph (1) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1));

ja-jp	十　第二百二十五条第一項の規定に違反して届出をしないで特定目的信託契約を締結したとき、又は虚偽の届出をしたとき。
en-us	(x) a person violates Article 225, paragraph (1) in concluding a specified purpose trust agreement without filing a notification, or the person files a false notification;

ja-jp	十一　第二百二十七条第一項の規定に違反して届出をしなかったとき。
en-us	(xi) a person violates Article 227, paragraph (1) in failing to file a notification; or

ja-jp	十二　第四条第二項（第十一条第五項において準用する場合を含む。）の届出書若しくは第四条第三項各号（第十一条第五項において準用する場合を含む。）に掲げる資料若しくは第四条第四項（第十一条第五項において準用する場合を含む。）に掲げる電磁的記録、第七条第二項（第十一条第五項において準用する場合を含む。）に規定する資料、第九条第二項（第二百二十七条第二項において準用する場合を含む。）の届出書若しくは第九条第三項各号（第二百二十七条第二項において準用する場合を含む。）に掲げる書類、第十一条第三項の書類又は第二百二十五条第二項各号に掲げる書類に虚偽の記載又は記録をして提出したとき。
en-us	(xii) the person enters or records false information in a written notification referred to in Article 4, paragraph (2) (including as applied mutatis mutandis pursuant to Article 11, paragraph (5)); in the materials set forth in the items of Article 4, paragraph (3) (including as applied mutatis mutandis pursuant to Article 11, paragraph (5)); in the electronic or magnetic record set forth in Article 4, paragraph (4) (including as applied mutatis mutandis pursuant to Article 11, paragraph (5)); in the materials prescribed in Article 7, paragraph (2) (including as applied mutatis mutandis pursuant to Article 11, paragraph (5)); in a written notification referred to in Article 9, paragraph (2) (including as applied mutatis mutandis pursuant to Article 227, paragraph (2)); in the documents set forth in the items of Article 9, paragraph (3) (including as applied mutatis mutandis pursuant to Article 227, paragraph (2)); in the documents referred to in Article 11, paragraph (3), or in the documents set forth in the items of Article 225, paragraph (2), and submits them.

ja-jp	第二百九十五条　次の各号に掲げる違反があった場合においては、その違反行為をした者は、二年以下の拘禁刑若しくは三百万円以下の罰金に処し、又はこれを併科する。
en-us	Article 295 If there has been a violation as set forth in one of the following items, the person that has committed the violation is subject to imprisonment with work for not more than two years, a fine of not more than three million yen, or both:

ja-jp	一　第二百十三条の規定に違反したとき（前条第一号又は第四号に該当する場合を除く。）。
en-us	(i) a person violates the provisions of Article 213 (other than in the case falling under item (i) or item (iv) of the preceding Article); or

ja-jp	二　第二百十九条（第二百九条第二項（第二百八十六条第一項において準用する場合を含む。）において準用する場合を含む。）の規定による業務の全部又は一部の停止の命令に違反したとき。
en-us	(ii) a person violates an order for a full or partial suspension of business under Article 219 (including as applied mutatis mutandis pursuant to Article 209, paragraph (2) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1))).

ja-jp	第二百九十六条　次の各号に掲げる違反があった場合においては、その違反行為をした者は、一年以下の拘禁刑若しくは三百万円以下の罰金に処し、又はこれを併科する。
en-us	Article 296 If there has been a violation as set forth in one of the following items, the person committing the violation is subject to imprisonment with work for not more than one year, a fine of not more than three million yen, or both:

ja-jp	一　第二百十五条の規定による帳簿及び資料の作成若しくは保存をせず、又は虚偽の帳簿及び資料の作成をしたとき。
en-us	(i) a person fails to prepare or preserve books and materials under Article 215, or prepares false books or materials;

ja-jp	二　第二百十六条の規定による事業報告書を提出せず、又は虚偽の事業報告書を提出したとき。
en-us	(ii) a person fails to submit business reports under Article 216, or submits false business reports; or

ja-jp	三　第二百十七条第一項（第二百九条第二項（第二百八十六条第一項において準用する場合を含む。）において準用する場合を含む。以下この号において同じ。）の規定による報告若しくは資料の提出をせず、若しくは虚偽の報告若しくは資料の提出をし、第二百十七条第一項の規定による検査を拒み、妨げ、若しくは忌避し、又は同項の規定による質問に対して答弁をせず、若しくは虚偽の答弁をしたとき。
en-us	(iii) a person fails to submit reports or materials under Article 217, paragraph (1) (including as applied mutatis mutandis pursuant to Article 298, paragraph (2) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1)); hereinafter the same applies in this item); submits false reports or materials; refuses, hinders, or avoids an inspection under Article 217, paragraph (1); fails to answer a question under that paragraph; or gives a false answer to such a question.

ja-jp	第二百九十七条　次の各号のいずれかに掲げる違反があった場合においては、その違反行為をした者は、一年以下の拘禁刑若しくは百万円以下の罰金に処し、又はこれを併科する。
en-us	Article 297 If there has been a violation as set forth in one of the following items, the person that has committed the violation is subject to imprisonment with work for not more than one year, a fine of not more than one million yen, or both:

ja-jp	一　第二百九条第一項（第二百八十六条第一項において準用する場合を含む。次号において同じ。）において準用する金融商品取引法第三十九条第二項の規定に違反したとき。
en-us	(i) a person violates the provisions of Article 39, paragraph (2) of the Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 209, paragraph (1) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1); the same applies in the following item); or

ja-jp	二　第二百九条第一項において準用する金融商品取引法第三十九条第七項の規定による申請書又は書類に虚偽の記載をして提出したとき。
en-us	(ii) a person enters false information in the written application or documents referred to in Article 39, paragraph (7) of the Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 209, paragraph (1) and submits them.

ja-jp	第二百九十八条　第二百十八条（第二百九条第二項（第二百八十六条第一項において準用する場合を含む。）において準用する場合を含む。）の規定による命令に違反したときは、その違反行為をした者は、六月以下の拘禁刑又は百万円以下の罰金に処する。
en-us	Article 298 Having violated an order under Article 218 (including as applied mutatis mutandis pursuant to Article 209, paragraph (2) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1))), the person that has committed the violation is subject to imprisonment with work for not more than six months or a fine of not more than one million yen.

ja-jp	第二百九十九条　次の各号に掲げる違反があった場合においては、その違反行為をした者は、五十万円以下の罰金に処する。
en-us	Article 299 If there has been a violation as set forth in one of the following items, the person that has committed the violation is subject to a fine of not more than 500,000 yen:

ja-jp	一　第十条第一項又は第二百二十八条の規定による届出をせず、又は虚偽の届出をしたとき。
en-us	(i) a person fails to file the notification under Article 10, paragraph (1) or Article 228, or files a false notification;

ja-jp	二　第二百十一条又は第二百十四条の規定に違反したとき。
en-us	(ii) a person violates the provisions of Article 211 or Article 214; or

ja-jp	三　第二百三十一条又は第二百三十二条の規定に違反したとき。
en-us	(iii) a person violates the provisions of Article 231 or Article 232.

ja-jp	第三百条　第二百九条第一項（第二百八十六条第一項において準用する場合を含む。）において準用する金融商品取引法第三十七条の四の規定に違反して、同条の規定による情報の提供をせず、又は虚偽の情報の提供をした者は、三十万円以下の罰金に処する。
en-us	Article 300 A person that fails to provide information in violation of Article 37-4 of the Financial Instruments and Exchange Act as applied mutatis mutandis pursuant to Article 209, paragraph (1) (including as applied mutatis mutandis pursuant to Article 286, paragraph (1)) or provides false information is subject to a fine of not more than 300,000 yen.

ja-jp	第三百一条　法人の代表者又は法人若しくは人の代理人、使用人その他の従業者が、その法人又は人の業務に関し、第二百九十四条から前条までの違反行為をしたときは、行為者を罰するほか、その法人又は人に対しても、各本条の罰金刑を科する。
en-us	Article 301 If the representative of a corporation or the agent, employee, or other worker of a corporation or individual commits a violation referred to in Article 294 through the preceding Article in connection with the business of that corporation or individual, in addition to the offender being subject to punishment, the fine prescribed in the relevant Article is also imposed on the corporation or individual.

ja-jp	（取締役等の特別背任罪）
en-us	(Crime of Aggravated Breach of Trust by Directors)

ja-jp	第三百二条　次に掲げる者が、自己若しくは第三者の利益を図り又は特定目的会社に損害を加える目的で、その任務に背く行為をし、当該特定目的会社に財産上の損害を加えたときは、十年以下の拘禁刑若しくは千万円以下の罰金に処し、又はこれを併科する。
en-us	Article 302 (1) If one of the following persons, for the purpose of promoting their own interests or the interests of a third party or causing damage to a specified purpose company, acts in breach of their duties and causes financial damage to the specified purpose company, that person is subject to imprisonment with work for not more than ten years, a fine of not more than 10 million yen, or both:

ja-jp	一　特定目的会社の発起人
en-us	(i) an incorporator of a specified purpose company;

ja-jp	二　特定目的会社の設立時取締役又は設立時監査役
en-us	(ii) a director at incorporation or company auditor at incorporation of a specified purpose company;

ja-jp	三　特定目的会社の取締役、会計参与又は監査役
en-us	(iii) a director, accounting advisor, or company auditor of a specified purpose company;

ja-jp	四　民事保全法（平成元年法律第九十一号）第五十六条に規定する仮処分命令により選任された特定目的会社の取締役又は監査役の職務を代行する者
en-us	(iv) a person who is to perform the duties of the director or company auditor of a specified purpose company, as appointed pursuant to a provisional disposition order prescribed in Article 56 of the Civil Provisional Remedies Act (Act No. 91 of 1989);

ja-jp	五　第七十六条第二項の規定により選任された特定目的会社の一時役員（第六十八条第一項に規定する役員をいう。）の職務を行うべき者又は第八十五条において準用する会社法第三百五十一条第二項の規定により選任された特定目的会社の一時代表取締役の職務を行うべき者
en-us	(v) a person who is to temporarily perform the duties of an officer (meaning an officer prescribed in Article 68, paragraph (1)) of a specified purpose company, as appointed pursuant to Article 76, paragraph (2); or a person who is to temporarily perform the duties of a representative director of a specified purpose company, as appointed pursuant to Article 351, paragraph (2) of the Companies Act as applied mutatis mutandis pursuant to Article 85;

ja-jp	六　特定目的会社の支配人
en-us	(vi) a manager of a specified purpose company;

ja-jp	七　特定目的会社の事業に関するある種類又は特定の事項の委任を受けた使用人
en-us	(vii) an employee entrusted with a certain kind of particular or a specific particular concerning the business of a specified purpose company; or

ja-jp	八　特定目的会社の検査役
en-us	(viii) an inspector of a specified purpose company.

ja-jp	２　次に掲げる者が、自己若しくは第三者の利益を図り又は清算特定目的会社に損害を与える目的で、その任務に背く行為をし、当該清算特定目的会社に財産上の損害を加えたときも、前項と同様とする。
en-us	(2) The preceding paragraph also applies if one of the following persons, for the purpose of promoting their own interests or the interests of a third party or causing damage to a specified purpose company in liquidation, acts in breach of their duties and causes financial damage to the specified purpose company in liquidation:

ja-jp	一　清算特定目的会社の清算人
en-us	(i) a liquidator of a specified purpose company in liquidation;

ja-jp	二　民事保全法第五十六条に規定する仮処分命令により選任された清算特定目的会社の清算人の職務を代行する者
en-us	(ii) a person who is to perform the duties of the liquidator of a specified purpose company in liquidation, as appointed pursuant to a provisional disposition order prescribed in Article 56 of the Civil Provisional Remedies Act;

ja-jp	三　第百六十八条第五項において準用する第七十六条第二項の規定又は第百七十一条第六項において準用する会社法第三百五十一条第二項の規定により選任された清算特定目的会社の一時清算人又は代表清算人の職務を行うべき者
en-us	(iii) a person who is to temporarily perform the duties of a liquidator or representative liquidator of a specified purpose company in liquidation, as appointed pursuant to Article 76, paragraph (2) as applied mutatis mutandis pursuant to Article 168, paragraph (5) or Article 351, paragraph (2) of the Companies Act as applied mutatis mutandis pursuant to Article 171, paragraph (6);

ja-jp	四　清算特定目的会社の清算人代理
en-us	(iv) a liquidators' agent of a specified purpose company in liquidation;

ja-jp	五　清算特定目的会社の監督委員
en-us	(v) a supervisor of a specified purpose company in liquidation; or

ja-jp	六　清算特定目的会社の調査委員
en-us	(vi) an examiner of a specified purpose company in liquidation.

ja-jp	３　次に掲げる者が、自己若しくは第三者の利益を図り又は特定目的信託の受益証券の権利者に損害を与える目的で、その任務に背く行為をし、当該受益証券の権利者に財産上の損害を加えたときも、第一項と同様とする。
en-us	(3) The provisions of paragraph (1) also apply if one of the following persons, for the purpose of promoting their own interests or the interests of a third party or causing damage to a beneficiary certificate holder of a specified purpose trust, acts in breach of their duties and causes financial damage to that beneficiary certificate holder:

ja-jp	一　受託信託会社等の取締役又は執行役
en-us	(i) a director or executive officer of a trustee trust company or financial institution;

ja-jp	二　受託信託会社等の支配人
en-us	(ii) a manager of a trustee trust company or financial institution;

ja-jp	三　受託信託会社等の事業に関するある種類又は特定の事項の委任を受けた使用人
en-us	(iii) an employee entrusted with a certain kind of particular or a specific particular concerning business of a trustee trust company or financial institution; or

ja-jp	四　第二百八十四条の規定により業務の委託を受けた者（法人である場合にあっては、その取締役、執行役又は支配人その他事業に関するある種類又は特定の事項の委託を受けた使用人）
en-us	(iv) a person entrusted with business pursuant to the provisions of Article 284 (or, if that person is a corporation, its director, executive officer, manager, or employee entrusted with a certain kind of particular or a specific particular concerning business).

ja-jp	４　前三項の罪の未遂は、罰する。
en-us	(4) An attempt to commit the crime referred to in the preceding three paragraphs is also punishable.

ja-jp	（代表特定社債権者等の特別背任罪）
en-us	(Crime of Aggravated Breach of Trust by Representative Specified Bondholder)

ja-jp	第三百三条　特定目的会社の代表特定社債権者又は決議執行者（第百二十九条第二項において準用する会社法第七百三十七条第二項に規定する決議執行者をいう。以下同じ。）が、自己若しくは第三者の利益を図り又は特定社債権者に損害を加える目的で、その任務に背く行為をし、特定社債権者に財産上の損害を加えたときは、五年以下の拘禁刑若しくは五百万円以下の罰金に処し、又はこれを併科する。
en-us	Article 303 (1) If a representative specified bondholder or resolution administrator (meaning a resolution administrator as referred to in Article 737, paragraph (2) of the Companies Act as applied mutatis mutandis pursuant to Article 129, paragraph (2); the same applies hereinafter) of a specified purpose company, for the purpose of promoting their own interests or the interests of a third party or causing damage to a specified bondholder, acts in breach of their duties and causes financial damage to that specified bondholder, that person is subject to imprisonment with work for not more than five years, a fine of not more than five million yen, or both.

ja-jp	２　特定目的信託の代表権利者若しくは特定信託管理者又は第二百四十六条第一項の規定に基づき権利者集会の決議により定められた者が、自己若しくは第三者の利益を図り、又は特定目的信託の受益証券の権利者に損害を与える目的で、その任務に背く行為をし、当該受益証券の権利者に財産上の損害を加えたときも、前項と同様とする。
en-us	(2) The preceding paragraph also applies if the representative interest holder or specified trust administrator of a specified purpose trust or the person specified through a resolution at a meeting of interest holders under Article 246, paragraph (1), for the purpose of promoting their own interests or the interests of a third party or causing damage to a beneficiary certificate holder of a specified purpose trust, acts in breach of their duties and causes financial damage to that beneficiary certificate holder.

ja-jp	３　前二項の罪の未遂は、罰する。
en-us	(3) An attempt to commit the crime referred to in the preceding two paragraphs is also punishable.

ja-jp	（特定目的会社財産等を危うくする罪等）
en-us	(Crimes that Endanger the Property of Specified Purpose Companies)

ja-jp	第三百四条　第三百二条第一項第一号又は第二号に掲げる者が、第十六条第三項各号に掲げる事項について、又は第十九条第一項の規定による払込み若しくは給付について、裁判所に対し、虚偽の申述を行い、又は事実を隠蔽したときは、五年以下の拘禁刑若しくは五百万円以下の罰金に処し、又はこれを併科する。
en-us	Article 304 (1) If a person referred to in Article 302, paragraph (1), item (i) or (ii) gives a false statement or conceals a fact from the court in connection with the information set forth in the items of Article 16, paragraph (3) or the payment or delivery under Article 19, paragraph (1), that person is subject to imprisonment with work for not more than five years, a fine of not more than five million yen, or both.

ja-jp	２　第三百二条第一項第三号から第五号までに掲げる者が、第三十六条第一項第三号に掲げる事項について、裁判所又は社員総会に対し、虚偽の申述を行い、又は事実を隠蔽したときも、前項と同様とする。
en-us	(2) The preceding paragraph also applies if a person referred to in Article 302, paragraph (1), items (iii) through (v) gives a false statement or conceals a fact from the court or at a general meeting of members in connection with the information set forth in Article 36, paragraph (1), item (iii).

ja-jp	３　検査役が、第十六条第三項各号又は第三十六条第一項第三号に掲げる事項について、裁判所に対し、虚偽の申述を行い、又は事実を隠蔽したときも、第一項と同様とする。
en-us	(3) The provisions of paragraph (1) also apply if an inspector gives a false statement or conceals a fact from the court in connection with the information set forth in the items of Article 16, paragraph (3) or Article 36, paragraph (1), item (iii).

ja-jp	４　第三百二条第一項第三号から第七号までに掲げる者が、次のいずれかに該当する場合にも、第一項と同様とする。
en-us	(4) The provisions of paragraph (1) also apply if a person referred to in Article 302, paragraph (1), items (iii) through (vii) falls under one of the following cases:

ja-jp	一　第百五十九条の規定による社員総会の承認により優先資本金の減少又は優先出資の消却を行う場合において、同条第一項の貸借対照表上の純資産の額について、特定目的会社の社員総会に対し、虚偽の申述を行い、又は事実を隠蔽したとき。
en-us	(i) in effecting a reduction in the amount of preferred capital or cancelation of preferred equity through the approval at a general meeting of members under Article 159, the person gives a false statement or conceals a fact at the general meeting of members of a specified purpose company in connection with the amount of net assets on the balance sheet referred to in paragraph (1) of that Article;

ja-jp	二　何人の名義をもってするかを問わず、特定目的会社の計算において不正にその特定出資若しくは優先出資を取得し、又は質権の目的としてその特定出資若しくは優先出資を受けたとき。
en-us	(ii) the person, under any name, unlawfully acquires specified equity or preferred equity from a specified purpose company on the account of the specified purpose company, or receives such specified equity or preferred equity as the subject of a pledge;

ja-jp	三　法令若しくは定款の規定又は資産流動化計画の定めに違反して、利益の配当、第百十五条第一項の金銭の分配又は特定出資若しくは優先出資の消却を行ったとき。
en-us	(iii) the person, in violation of laws and regulations, the provisions of the articles of incorporation, or the asset securitization plan, effects a distribution of profits, a distribution of monies under Article 115, paragraph (1), or the cancelation of specified equity or preferred equity; or

ja-jp	四　特定目的会社の目的の範囲外において、投機取引のために当該特定目的会社の財産を処分したとき。
en-us	(iv) the person disposes of the property of the specified purpose company for the purpose of speculative trading outside the scope of purpose of the specified purpose company.

ja-jp	５　受託信託会社等の取締役、執行役又は支配人その他事業に関するある種類若しくは特定の事項の委任を受けた使用人が、次の各号のいずれかに該当する場合も、第一項と同様とする。
en-us	(5) The provisions of paragraph (1) also apply if the director, executive officer, or manager of a trustee trust company or financial institution or its employee that is entrusted with a certain kind of particular or a specific particular concerning business falls under one of the following items:

ja-jp	一　法令の規定又は資産信託流動化計画の定めに違反して、金銭の分配を行ったとき。
en-us	(i) the person distributes monies in violation of the provisions of laws and regulations or the asset trust securitization plan; or

ja-jp	二　特定目的信託契約の範囲外において、投機取引のために、当該特定目的信託財産を処分したとき。
en-us	(ii) the person disposes of specified purpose trust property for the purpose of speculative trading outside the scope of the specified purpose trust agreement.

ja-jp	（虚偽文書行使等の罪）
en-us	(Crime of Using False Documentation)

ja-jp	第三百五条　次に掲げる者が、資産対応証券を引き受ける者の募集をするに当たり、特定目的会社の事業その他の事項に関する説明を記載した資料若しくは当該募集の広告その他の当該募集に関する文書であって重要な事項について虚偽の記載のあるものを行使し、又はこれらの書類の作成に代えて電磁的記録の作成がされている場合における当該電磁的記録であって重要な事項について虚偽の記録のあるものをその募集の事務の用に供したときは、五年以下の拘禁刑若しくは五百万円以下の罰金に処し、又はこれを併科する。
en-us	Article 305 (1) If, in soliciting persons to subscribe for asset-backed securities, one of the following persons makes use of a material that states an explanation about the business of a specified purpose company or other information, an advertisement advertising the solicitation or any other document related to the solicitation that contains false statements with regard to material information, or uses any electronic or magnetic record that has been prepared in lieu of those documents and that contains a false record with regard to material information, for conducting the affairs for the solicitation for subscription, that person is subject to imprisonment with work for not more than five years, a fine of not more than five million yen, or both:

ja-jp	一　第三百二条第一項第三号から第七号までに掲げる者
en-us	(i) a person set forth in Article 302, paragraph (1), items (iii) through (vii); or

ja-jp	二　資産対応証券を引き受ける者の募集の委託を受けた者
en-us	(ii) a person entrusted with soliciting persons to subscribe for asset-backed securities.

ja-jp	２　資産対応証券の売出しを行う者が、その売出しに関する文書であって重要な事項について虚偽の記載のあるものを行使し、又は当該文書の作成に代えて電磁的記録の作成がされている場合における当該電磁的記録であって重要な事項について虚偽の記録のあるものをその売出しの事務の用に供したときも、前項と同様とする。
en-us	(2) The provisions of the preceding paragraph also apply if a person making a secondary distribution of asset-backed securities makes use of a document related to that secondary distribution that contains false statements with regard to material information, or uses any electronic or magnetic record that has been prepared in lieu of such a document and that contains a false record with regard to material information, for conducting the affairs for the secondary distribution.

ja-jp	（預合いの罪）
en-us	(Crime of Borrowing and Depositing Monies)

ja-jp	第三百六条　第三百二条第一項第一号から第七号までに掲げる者が、特定出資又は優先出資の発行に係る払込みを仮装するため預合いを行ったときは、五年以下の拘禁刑若しくは五百万円以下の罰金に処し、又はこれを併科する。預合いに応じた者も、同様とする。
en-us	Article 306 If one of the persons set forth in Article 302, paragraph (1), items (i) through (vii) borrows and deposits monies for disguising the payment related to the issuance of specified equity or preferred equity, that person is subject to imprisonment with work for not more than five years, a fine of not more than five million yen, or both. The same applies to a person that accepts the borrowing and depositing of monies.

ja-jp	（超過発行等の罪）
en-us	(Crime of Excessive Issuance)

ja-jp	第三百七条　次に掲げる者が、第四条第一項又は第十一条第一項の届出に係る資産流動化計画に記載され、若しくは記録された資産対応証券以外の資産対応証券を発行し、又は当該資産流動化計画に記載され、若しくは記録された資産対応証券の発行総口数若しくは発行総額若しくは発行限度額を超えて当該資産対応証券を発行したときは、五年以下の拘禁刑又は五百万円以下の罰金に処する。
en-us	Article 307 If one of the following persons issues asset-backed securities other than those entered or recorded in the asset securitization plan to which the notification under Article 4, paragraph (1) or Article 11, paragraph (1) pertains; or issues asset-backed securities exceeding the total number of units, the total amount, or the limit on the amount of asset-backed securities it may issue that is entered or recorded in the asset securitization plan, that person is subject to imprisonment with work for not more than five years or a fine of not more than five million yen:

ja-jp	一　特定目的会社の取締役又は清算特定目的会社の清算人
en-us	(i) a director of a specified purpose company or a liquidator of a specified purpose company in liquidation;