Citation Matching

Citation Reference: Article 50

Citation Guidance: When a Foreign Bank Branch has given a notification under Article 49(1) due to falling under any of the categories set forth in Article 49(1)(iii) to (vi) inclusive (with regard to a notification pertaining to item (iii) of that paragraph, it shall be limited to a notification pertaining to a Merger resulting in extinction of the Foreign Bank to which said Foreign Bank Branch belongs, a company split resulting in succession of all of the business pertaining to said Foreign Bank Branch, or transfer of all of the business, and with regard to a notification pertaining to item (iv) of that paragraph, it shall exclude a notification pertaining to partial abolition of the Banking Business), the license from the Prime Minister set forth in Article 4(1) for the Foreign Bank to which to the Foreign Bank Branch that has given that notification belongs shall lose its effect.