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Citation Reference: Article 53 (3)(iii)

Citation Guidance: When it intends to have a company falling under the category specified in Article 52-23(1)(x) or (xi) (excluding that for which Article 52-23(3) provides that in order to have such a company as its Subsidiary Company, a Bank Holding Company shall obtain authorization) become its Subsidiary Company (excluding the case where it intends to do so by conducting a Merger or company split or receiving transfer of business from that company with the authorization granted under Article 52-35(1) to (3) inclusive of this Act);