(Purpose of establishment)
Article 127. Associations may establish the Fishing Boat Insurance Central Federation with a view to achieving the sound development of fishing boat insurance business.
(Number of Central Federation)
Article 128 The number of the Fishing Boat Insurance Central Federation (hereinafter referred to as "the Central Federation" ) shall be one throughout the country.
(Establishment)
Article 129. The number of the associations to sponsor the establishment of the Central Federation shall not be less than five.
(Matters to be mentioned in articles of association)
Article 130. The articles of association of the Central Federation shall contain the matters mentioned in Article 21 paragraph 1 items (1) to (5) inclusive and items (9) to (13) inclusive and also those relating to the allotment of expenses.
(Qualification for membership)
Article 131. Those who are eligible for the membership of the Central Federation shall be the associations.
2 When those who are eligible for the membership are to join the Central Federation, it shall not decline their admission without proper reason nor impose more unfavorable conditions for their admission than those which were imposed when the present members joined it.
(Business)
Article 132. The Central Federation shall conduct the following business in accordance with the provisions of its articles of association:
(1) Computation of the rates of insurance premium;
(2) Investigation and guidance relating to the prevention and check of occurrence of damage;
(3) Investigation at the request of a member association of fishing boats for the acceptance of insurance and of damage caused to an insured fishing boat;
(4) Diffusion and publicity of fishing boat insurance;
(5) Guidance and weifare of the personnel of a member association;
(6) Other investigations and guidance for the sound development of fishing boat insurance business;
(7) Business accessory to the matters mentioned in the preceding items.
(Premium rate)
Article 133. The Central Federation may request its member associations to submit any data necessary for computation of premium rates in accordance with its articles of association.
2 The premium rates to be computed by the Central Federation shall be reasonable and equitable for sound development of the insurance business of member associations;and they shall not be unduly discriminative against member associations nor binding on member associations.
3 Any member association shall, in case it intends to apply for the approval of the Minister of Agriculture and Forestry as to the revision of the articles of association in respect to its premium rates, do it directly by and for itself.
4 The Central Federation shall, in case it has computed its premium rates, keep at its main place of business a list of premium rates as computed and the data upon which such computation is based.
5 Any member association may request the Central Federation to be permitted to see the list and the data as specified in the preceding paragraph or to obtain a copy of that list.
(Advice, etc.)
Article 134. The Central Federation shall submit its views on important matters relating to the compensation for fishing boat damage in response to request from the Minister of Agriculture and Forestry.
2 The Central Federation may make recommendations to the competent administrative agency on important matters concerning compensation for fishing boat damage.
(Allotment of expenses)
Article 135. The Central Federation may allot expenses to member associations in accordance with the provisions of its articles of associations.
(Fixed number and election of officers)
Article 136. The Central Federation shall have directors and auditors as its officers.
2 The fixed number of directors shall not be less than ten;and that of auditors shall not be less than two.
3 The officers shall be elected at a general meeting in accordance with the provisions of the articles of association. However, officers at the time of the establishment of the Central Federation shall be elected at the inaugural general meeting.
4 Officers shall be elected by secret ballot.
5 One ballot shall be cast by one person.
6 At least three-fifths of the fixed number of directors of the Central Federation shall be officers or councillors of member associations. However, at least three-fifths of the fixed number of directors at the time of the establishment of the Central Federation shall be officers or councillors of the associations which consented to its establishment.
(Matters for decision at general meeting)
Article 137. The matters as listed below shall be decided at a general meeting:
(1) Alteration in the articles of association;
(2) Formulation of or alteration in the business plan for each business year;
(3) Method for the allotment and collection of expenses;
(4) Maximum amount of the loan for each business year;
(5) Business report, inventory, balance sheet and the statement of final account of receipts and disbursements.
(Provisions applicable mutatis mutandis)
Article 138. With regard to the personality, etc. of the Central Federation, the provisions of Article 5, Article 6 and Articles 8 to 12 inclusive shall apply mutatis mutandis.
2 With regard to the establishment of the Central Federation, the provisions of Articles 14 to 20 inclusive, Article 21 paragraph 2 and Article 29 paragraph 1 shall apply mutatis mutandis. In this case, in Article 15 paragraph 2, "fifteen or more members in the case of a district association, and five or more members in the case of an operational association" shall read "five or more associations" ;and in Article 16 paragraph 6, Article 29 paragraph 1 and Article 29 paragraph 2 which is applicable mutatis mutandis under Article 16 paragraph 7, "right of voting" shall read "right to vote or right to select" .
3 With regard to the membership of the Central Federation, the provisions of Article 24 paragraph 1, paragraph 2 items (3) to (5) inclusive of the same Article, Article 26, Article 27 paragraph 2, and Articles 28 and 29 shall apply mutatis mutandis. In this case, in Article 24 paragraph 2 item (3), "death or dissolution" shall read "dissolution" ;and in Article 27 paragraph 2, "additional levy and the reduction of insured amount" shall read "allotted expenses" .
4 With regard to the administration of the Central Federation, the provisions of Articles 56 to 66 inclusive, Article 68, Article 69 paragraphs 1 to 3 inclusive, and Articles 70 and 74 shall apply mutatis mutandis. In this case, in Article 64 paragraph 1, "profit and loss account and surplus disposition plan or deficit disposition plan" shall read "statement of final account of receipts and disbursements" .
5 With regard to the dissolution and liquidation of the Central Federation, the provisions of Article 75 paragraph 1 items (1), (2), (4) and (5), paragraphs 2 to 5 inclusive of the same Article and Articles 83 to 87 inclusive shall apply mutatis mutandis. In this case, in Article 75 paragraph 4 "less than 15 with respect to the district association, and to less than 5 with respect to the operational association" shall read "less than 15 member associations" ;and in Article 83, "amalgamation and bankruptcy" shall read "bankruptcy" .
6 With regard to the registration of the Central Federation, the provisions of Articles 88 to 91 inclusive, Article 93, Articles 95 to 97 inclusive, Article 98 paragraphs 1 and 2, Article 99, Article 100 paragraphs 1 and 2, Article 102 and Articles 104 to 108 inclusive shall apply mutatis mutandis. In this case, in Article 93, "amalgamation and bankruptcy" shall read "bankruptcy" ;and in Article 97 paragraph 2, "fishing boat insurance association register" shall read "Fishing Boat Insurance Central Federation register" .
7 With regard to the supervision over the Central Federation, the provisions of Articles 109 to 112 inclusive shall apply mutatis mutandis.