Supplementary Provisions, Article 4Transitional Measures Concerning Special Repair Reserves

The provisions of Article 161, paragraph (1) (Transfer Limit to Special Repair Reserve Account) of the New Order apply to the Fixed Assets prescribed in Article 55, paragraph (1) (Reserve for Special Repairs) of the Income Tax Act that an individual acquires, or builds or constructs, on or after the date of enforcement of this Cabinet Order (hereinafter referred to as the "Effective Date") and uses for the individual's business, and the provisions then in force continue to govern the case where an individual uses for the individual's business those Fixed Assets that the individual acquired, or built or constructed, before the Effective Date.