Supplementary Provisions, Article 3Transitional Provisions Concerning Advanced Depreciation by Reduction of Book Value Related to Payment by the Users and Reserves

The provisions of Article 45 (Inclusion in Deductible Expenses of the Depreciated Amount of Fixed Assets Acquired through Payment by the Users) and Articles 52 through 56 (Reserves) of the New Act apply to corporation tax on income for a business year of a corporation beginning on or after April 1, 1968, and with regard to corporation tax on income for a business year of a corporation that began before that date, the provisions then in force continue to govern.