Supplementary Provisions, Article 2Transitional Measures Regarding Matters to Be Stated in a Return for Exemption from Taxation Pertaining to Public Corporations, etc. and Public Interest Trusts, etc.

In the case where the provisions of Article 2, paragraph (2) of the Supplementary Provisions (Transitional Measures Concerning Exemption from Taxation for Public Corporations, etc. and Public Interest Trusts, etc.) of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2003; hereinafter referred to as the "Amending Act") apply, with regard to the application of the provisions of Article 16-2 (Matters to Be Entered in a Statement of Exemption from Taxation for Public Corporations, etc. and Public Interest Trusts, etc.) of the Regulation for Enforcement of the Income Tax Act as amended (hereinafter referred to as the "New Regulation"), in item (ii) of that Article, "or each item of Article 50-2 of the Order" is deemed to be replaced with ", each item of Article 50-2, paragraph (1) 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. 130 of 2003)", and "beneficiary certificate" is deemed to be replaced with "beneficiary certificate or the investment unit prescribed in paragraph (2) of that Article".