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Bank of Japan Regulations Concerning the JGB Book-Entry System

Effective from:
January 27, 2003
Amended:
  • April 1, 2003
  • April 1, 2004
  • January 12, 2005
  • March 7, 2005
  • May 16, 2005
  • May 1, 2006
  • September 30, 2007
  • October 1, 2007
  • March 1, 2008
  • January 5, 2009
  • October 13, 2015
  • January 1, 2016

This translation is based on the Japanese original, prepared for reference purposes only. The BOJ will not be responsible for the accuracy or the completeness of the translation. Also, the latest amendments to the Regulations are not necessarily reflected in a timely manner. The only authentic text is the Japanese one.

Contents

Chapter I General Provisions

  • Article 1(Purpose)
  • Article 2(Definitions)
  • Article 3(Business Hours of the BOJ's Book-Entry Business)
  • Article 4 (Holidays, etc.)
  • Article 5 (Scope of Book-Entry JGSs)
  • Article 6 (Approval of Issuer)

Chapter II Participants and Accounts

Section 1 Direct Participant and Direct Participant's Account

  • Article 7 (Establishment of Direct Participant's Account)
  • Article 8 (Divisions of Direct Participant's Account)
  • Article 9 (Notification, etc., of Change in Name, etc., of Direct Participant)
  • Article 10 (Abolition of Direct Participant's Account)

Section 2 Indirect Participant and Indirect Participant's Account

  • Article 11 (Approval for Indirect Participant)
  • Article 12 (Divisions of Indirect Participant's Account)
  • Article 13 (Notification, etc., of Change in Name, etc., of Indirect Participant)
  • Article 14 (Cancellation of Approval for Indirect Participant)

Section 3 Foreign Indirect Participant and Foreign Indirect Participant's Account

  • Article 15 (Approval for Foreign Indirect Participant)
  • Article 16 (Divisions of Foreign Indirect Participant's Account)
  • Article 17 (Notification, etc., of Change in Name, etc., of Foreign Indirect Participant)
  • Article 18 (Cancellation of Approval for Foreign Indirect Participant)

Section 4 Customer's Account

  • Article 19 (Establishment of Customer's Account)
  • Article 20 (Agreement with Customer)
  • Article 21 (Divisions of Customer's Account)

Chapter III Transfer, etc.

Section 1 Transfer Account Book

  • Article 22 (Location of Transfer Account Book)
  • Article 23 (Matters to Be Described or Recorded in Transfer Account Book)
  • Article 24 (Unit of Amount of Book-Entry JGSs to Be Described or Recorded in Transfer Account Book)
  • Article 25 (Maintenance of Transfer Account Book)
  • Article 26 (Change or Correction of Description or Record of Transfer Account Book)
  • Article 27 (Notice of Increase or Decrease and Balance of Direct Participant's Account)

Section 2 New Description or Record

  • Article 28 (Provision of Accounts, etc., to Paying Person)
  • Article 29 (Notice to the Bank of Japan from Paying Person)
  • Article 30 (New Description or Record and Notice by the Bank of Japan)
  • Article 31 (New Description or Record and Notice by Direct Participant)
  • Article 32 (New Description or Record and Notice by Indirect Participant)
  • Article 33 (New Description or Record and Notice by Foreign Indirect Participant)

Section 3 Transfer

Part 1 Transfer to Other Accounts
  • Article 34 (Application for Transfer by Direct Participant)
  • Article 35 (Application for Transfer by Customer)
  • Article 36 (Application for Transfer by Person Other than Direct Participant and Customer)
  • Article 37 (Description or Record and Notice Relating to Transfer by the Bank of Japan)
  • Article 38 (Description or Record and Notice Relating to Transfer by Direct Participant)
  • Article 39 (Description or Record and Notice Relating to Transfer by Indirect Participant)
  • Article 40 (Description or Record and Notice Relating to Transfer by Foreign Indirect Participant)
Part 2 Transfer among Subdivisions
  • Article 41 (Application for Transfer among Subdivisions by Direct Participant)
  • Article 42 (Application for Transfer among Subdivisions by Customer)
  • Article 43 (Description or Record Relating to Transfer among Subdivisions by the Bank of Japan)
  • Article 44 (Description or Record and Notice Relating to Transfer among Subdivisions by Direct Participant)
  • Article 45 (Description or Record and Notice Relating to Transfer among Subdivisions by Indirect Participant)
  • Article 46 (Description or Record and Notice Relating to Transfer among Subdivisions by Foreign Indirect Participant)

Section 4 Separation

  • Article 47 (Application for Separation by Direct Participant)
  • Article 48 (Application for Separation by Customer)
  • Article 49 (Description or Record Relating to Separation by the Bank of Japan)
  • Article 50 (Description or Record and Notice Relating to Separation by Direct Participant)
  • Article 51 (Description or Record and Notice Relating to Separation by Indirect Participant)
  • Article 52 (Description or Record and Notice Relating to Separation by Foreign Indirect Participant)
  • Article 53 (Subdivisions, etc., in which Description or Record Relating to Separation Is Made)

Section 5 Consolidation

  • Article 54 (Application for Consolidation by Direct Participant)
  • Article 55 (Application for Consolidation by Customer)
  • Article 56 (Description or Record Relating to Consolidation by the Bank of Japan)
  • Article 57 (Description or Record and Notice Relating to Consolidation by Direct Participant)
  • Article 58 (Description or Record and Notice Relating to Consolidation by Indirect Participant)
  • Article 59 (Description or Record and Notice Relating to Consolidation by Foreign Indirect Participant)
  • Article 60 (Subdivisions, etc., in which Description or Record Relating to Consolidation Is Made)

Section 6 Obliteration

  • Article 61 (Application for Obliteration by Direct Participant)
  • Article 62 (Application for Obliteration by Customer)
  • Article 63 (Application for Obliteration by Person Other than Direct Participant and Customer)
  • Article 64 (Description or Record Relating to Obliteration by the Bank of Japan)
  • Article 65 (Description or Record and Notice Relating to Obliteration by Direct Participant)
  • Article 66 (Description or Record and Notice Relating to Obliteration by Indirect Participant)
  • Article 67 (Description or Record and Notice Relating to Obliteration by Foreign Indirect Participant)
  • Article 68 (Description or Record Relating to Obliteration Accompanied by Redemption)

Section 7 Description or Record of Trust

  • Article 69 (Description or Record of Trust)
  • Article 70 (Obliteration of Description or Record of Trust)
  • Article 71 (Description or Record of Trust, etc., upon Change of Trustee)
  • Article 72 Deleted

Chapter IV Distribution of Principal and Interest

  • Article 73 (Distribution of Principal and Interest)

Chapter V Fees

  • Article 74 (Fees)

Chapter VI Performance of Duty Relating to Excess Description or Record

  • Article 75 (Treatment of Performance of Duty Relating to Excess Description or Record by the Bank of Japan)
  • Article 76 (Treatment of Performance of Duty Relating to Excess Description or Record by Direct Participant)
  • Article 77 (Treatment of Performance of Duty Relating to Excess Description or Record by Indirect Participant)
  • Article 78 (Treatment of Performance of Duty Relating to Excess Description or Record by Foreign Indirect Participant)
  • Article 79 (Treatment of Performance of Duty Relating to Excess Description or Record of Book-Entry JGSs Eligible for STRIPS, etc., by the Bank of Japan)
  • Article 80 (Treatment of Performance of Duty Relating to Excess Description or Record of Book-Entry JGSs Eligible for STRIPS, etc., by Direct Participant)
  • Article 81 (Treatment of Performance of Duty Relating to Excess Description or Record of Book-Entry JGSs Eligible for STRIPS, etc., by Indirect Participant)
  • Article 82 (Treatment of Performance of Duty Relating to Excess Description or Record of Book-Entry JGSs Eligible for STRIPS, etc., by Foreign Indirect Participant)

Chapter VII Investors' Meeting

  • Article 83 (Investors' Meeting)
  • Article 84 (Chairman of Investors' Meeting)
  • Article 85 (Voting Right of Investor)
  • Article 86 (Exercise of Voting Right by Electromagnetic Method)
  • Article 87 (Deemed Approval)

Chapter VIII Investor Protection Trust

  • Article 88 (Definitions)
  • Article 89 (Notice and Report of Determination of Commencement of Bankruptcy Procedure, etc.)
  • Article 90 (Entrustment to Trustee)
  • Article 91 (Payment Obligation of Contribution)
  • Article 92 (Amount of Contribution)
  • Article 93 (Payment Method of Contribution)
  • Article 94 (Report to the Bank of Japan)

Chapter IX Miscellaneous Provisions

  • Article 95 (Certification, etc. of Description or Record in Transfer Account Book)
  • Article 96 (Report and Inspection of Transfer Account Book)
  • Article 97 (Disclaimer)
  • Article 98 (Determination of Necessary Matters, etc.)
  • Article 99 (Abolition of System)
  • Article 100 (Amendment of Regulations)
  • Article 101 (Waiver of Sovereign Immunity)
  • Article 102 (Governing Law and Agreed Jurisdiction)

Supplementary Provisions

  • Article 1 (Date of Enforcement)
  • Article 2 (Special Exception of Book-Entry JGSs)
  • Article 3 (Public Notice Concerning Approval of Issuer Relating to Special JGSs)
  • Article 4 (Location of Transfer Acceptance Book)
  • Article 5 (Application for Description or Record in Transfer Acceptance Book Relating to Special JGSs)
  • Article 6 (Description or Record in Transfer Acceptance Book and Transfer Account Book and Notice Relating to Special JGSs by the Bank of Japan)
  • Article 7 (Description or Record in Transfer Account Book and Notice Relating to Special JGSs by Direct Participant)
  • Article 8 (Description or Record in Transfer Account Book and Notice Relating to Special JGSs by Indirect Participant)
  • Article 9 (Description or Record in Transfer Account Book and Notice Relating to Special JGSs by Foreign Indirect Participant)
  • Article 10 (Suspension Period for Description or Record in Transfer Acceptance Book Relating to Special JGSs)
  • Article 11 (Obliteration of Description or Record in Transfer Acceptance Book Relating to Special JGSs)
  • Article 12 (Description or Record in Transfer Account Book and Notice Relating to Successor Bonds by the Bank of Japan)
  • Article 13 (Description or Record in Transfer Account Book and Notice Relating to Successor Bonds by Direct Participant)
  • Article 14 (Description or Record in Transfer Account Book and Notice Relating to Successor Bonds by Indirect Participant)
  • Article 15 (Description or Record in Transfer Account Book and Notice Relating to Successor Bonds by Foreign Indirect Participant)