Supplementary Provisions, Article 9Transitional Measures Concerning Bad Debt Reserves

With regard to the application of Article 145, paragraph (2) of the New Order to the income tax for 1998 and 1999 of a Resident referred to in Article 145, paragraph (1) (Transfer Limit to the Reserve Account for Bad Debts on Loans) of the New Order, in Article 145, paragraph (2) the phrase "January 1, 1998" is deemed to be replaced with "January 1, 1980", the phrase "1998 and 1999" with "1980 and 1981", and the phrase "the sum of the amounts of the collectively assessed loans" with "the sum of the amounts of accounts receivable, loans receivable and other monetary claims equivalent thereto".