Supplementary Provisions

①This Ministerial Order comes into effect as of the date specified in the proviso of Article 1 of the Supplementary Provisions of the Urban Infrastructure Development Corporation Act (Act No. 76 of 1999); provided, however, that the provisions amending Article 72, paragraph (1) come into effect as of the date of promulgation.

②The provisions of Article 72, paragraph (1) (Amount of Death Insurance Benefit, etc.) of the Regulation for Enforcement of the Income Tax Act after amendment (hereinafter referred to as the "New Regulation") apply to contracts prescribed in Article 174, item (viii) (Tax Base for a Domestic Corporation's Income Taxes) of the Income Tax Act that are concluded on or after April 1, 1999, and the provisions then in force continue to govern such contracts concluded before that date.

③The provisions of Article 88-2 of the New Regulation and the forms specified in Appended Table IV (4) and Appended Table V (19) of the New Regulation apply to the paper-based notices and reports submitted pursuant to Article 224, paragraph (4) (Notice by Persons Receiving Redemption Money) and Article 225, paragraph (1) (Payment Reports) of the Income Tax Act on or after the date specified in the proviso of Article 1 of the Supplementary Provisions of the Urban Infrastructure Development Corporation Act.

④The forms specified in Appended Table IV (5) and Appended Table V (20) through Appended Table V (30) of the New Regulation may, for the time being, be replaced with a paper-based notice or report specified in the corresponding provisions of the Regulation for Enforcement of the Income Tax Act before amendment on which entries have been made in accordance with Appended Table IV (5) and Appended Table V (20) through Appended Table V (30) of the New Regulation.