Article 32Cases of Renewal, etc. of Assets for Which Shortening of Useful Life Is Approved upon Notification

一the case where a part of the assets of the Depreciable Assets subject to approval under Article 130, paragraph (1) of the Order (hereinafter referred to as "assets approved for a shortened useful life" in this paragraph and the following paragraph) is replaced with a new asset of the same type and quality that takes its place;

二the case where a part of the assets approved for a shortened useful life is replaced with a new asset that takes its place (excluding one for which the total amount of the purchase price of that asset (meaning the purchase price prescribed in Article 126, paragraph (1), item (i), (a) (Acquisition Price of Depreciable Assets) of the Order) or the amount of the cost of raw materials, labor costs and expenses required for the construction, etc. of that asset (meaning the construction, etc. prescribed in item (ii) of that paragraph), and the amount of the costs directly required to put that asset into use for business, exceeds the amount equivalent to 10 percent of the acquisition price of the asset approved for a shortened useful life), and there is no difference between the number of years of the usable period after the replacement and the number of years of the usable period of that asset approved for a shortened useful life relating to the approval under Article 130, paragraph (1) of the Order.

一the name and domicile of the person who submits the written notification prescribed in Article 130, paragraph (7) of the Order;

二the basis for calculating the usable period of the asset approved for a shortened useful life relating to the approval under Article 130, paragraph (1) of the Order;

三the basis for calculating the usable period after replacement with the renewal asset prescribed in Article 130, paragraph (7) of the Order;

四which of the grounds listed in the items of the preceding paragraph applies;

五any other matters for reference.

一the grounds listed in Article 30, item (i) (Grounds on Which Shortening of Useful Life Is Approved): a Depreciable Asset with the same composition as the Depreciable Asset subject to approval under Article 130, paragraph (1) of the Order on those grounds;

二the grounds listed in Article 30, item (iii) (limited to the portion relating to Article 130, paragraph (1), item (i) of the Order and Article 30, item (i)): a Depreciable Asset that has the same material or method of manufacture, or the same matters equivalent to composition, as the Depreciable Asset subject to approval under Article 130, paragraph (1) of the Order on those grounds.

一the name and domicile of the person who submits the written notification prescribed in Article 130, paragraph (8) of the Order;

二the material, method of manufacture or composition, or matters equivalent thereto, of the Depreciable Asset relating to the approval prescribed in Article 130, paragraph (8) of the Order and of the Depreciable Asset acquired;

三which of the grounds listed in Article 130, paragraph (1), item (i) of the Order and in the items of the preceding paragraph applies;

四any other matters for reference.