Supplementary Provisions, Article 5Transitional Measures Accompanying the Partial Amendment of the Cabinet Order Partially Amending the Order for Enforcement of the Income Tax Act

①With regard to a written notice prescribed in Article 50-12 (Notification of Business Offices of Savings Institutions, etc.) of the Order for Enforcement of the Income Tax Act that was submitted before the Effective Date pursuant to the provisions of paragraph (2) of the Supplementary Provisions of the Cabinet Order Partially Amending the Order for Enforcement of the Income Tax Act (Cabinet Order No. 250 of 1980) prior to amendment by the provisions of Article 2, it is deemed that it was not submitted.

②The provisions of Article 40 (Statement of Tax-Exempt Savings) of the Order for Enforcement of the Income Tax Act prior to amendment by the Cabinet Order Partially Amending the Order for Enforcement of the Income Tax Act (Cabinet Order No. 314 of 1981), which are to remain in force pursuant to the provisions of Article 3, paragraph (2) (Transitional Measures Concerning Tax Exemption of Interest Income, etc. on Small-Amount Deposits) of the Supplementary Provisions of that Cabinet Order as amended by the provisions of Article 3, apply to the case of submitting, on or after the Effective Date, a statement of tax-exempt savings prescribed in Article 31, item (i) (Meaning of Terms) of the Order for Enforcement of the Income Tax Act prior to that amendment, and the provisions then in force continue to govern the case of submitting that statement of tax-exempt savings before the Effective Date.