①The provisions of Article 69 (Deduction of Part of the Amount of Deemed Dividends), Article 97 (Inclusion of Part of the Amount of Deemed Dividends in the Value of Residual Assets) and Article 101 (Deduction of Part of the Amount of Deemed Dividends from the Amount of Corporation Tax on Liquidation Income in the Case of Dissolution) of the New Act (limited to the part pertaining to monies or other assets listed in Article 24, paragraph (1), item (iii) of the New Act (Deemed Dividends in the Case of Dissolution)) apply to cases where a domestic corporation receives the delivery of monies or other assets as a distribution of residual assets from a corporation that dissolved on or after the Effective Date, and with regard to cases where a domestic corporation receives the delivery of monies or other assets as a distribution of residual assets from a corporation that dissolved before that date, the provisions then in force continue to govern.

②With regard to monies or other assets prescribed in Article 9-6, paragraph (2), item (ii) or item (iii) of the Former Act (Deemed Dividends in the Case of Dissolution or Merger) that a foreign corporation received before the Effective Date, the provisions of Article 10-2 of the Former Act (Deduction of Part of the Amount of Deemed Dividends from the Amount of Corporation Tax on Income for Each Business Year) and other provisions of the Former Act remain in force.