Supplementary Provisions, Article 51Transitional Measures Concerning Matters to Be Stated, etc. in a Paper-Based Notice by a Person Receiving Interest and Similar Income from Bearer Public and Corporate Bonds

①The provisions of Article 81-9 (Matters to Be Stated, etc. in a Paper-Based Notice by a Person Receiving Interest and Similar Income from Bearer Public and Corporate Bonds), Article 81-10 (Scope of Documents to Be Presented to the Head of the business office of a Savings Institution, etc. in Relation to Bearer Public and Corporate Bonds) and Article 81-12 (Recording of Matters Confirmed by Persons Handling Payment of Interest and Similar Income from Bearer Public and Corporate Bonds, etc., Preservation of Books and Documents, etc.) of the New Regulation (limited, as to these provisions, to the part pertaining to Article 339, paragraph (1) of the New Order (Submission, etc. of Paper-Based Notices, etc. Concerning Interest and Similar Income from Bearer Public and Corporate Bonds)) apply to the interest and similar income prescribed in Article 339, paragraph (1) of the New Order from the bearer public and corporate bonds, etc. prescribed in that paragraph that is to be paid on or after the Effective Date, and the provisions then in force continue to govern the interest and similar income (hereinafter referred to as "interest and similar income" in this Article) prescribed in Article 339, paragraph (1) of the Former Order (Submission, etc. of Paper-Based Notices, etc. Concerning Interest and Similar Income from Bearer Public and Corporate Bonds) from the bearer public and corporate bonds, etc. prescribed in that paragraph (hereinafter referred to as "bearer public and corporate bonds, etc." in this Article) that is to be paid before the Effective Date.

②The provisions of Article 81-9, Article 81-10 and Article 81-12 of the New Regulation (limited, as to these provisions, to the part pertaining to Article 339, paragraph (3) of the New Order) apply to a paper-based notice under Article 339, paragraph (3) of the New Order that is submitted on or after the Effective Date, and the provisions then in force continue to govern a paper-based notice under Article 339, paragraph (3) of the Former Order that was submitted before the Effective Date.

③A person who submitted a paper-based notice under Article 339, paragraph (3) of the Former Order before the Effective Date and who receives payment, on or after the Effective Date, of interest and similar income from bearer public and corporate bonds, etc. must, by the date on which the person first receives payment of that interest and similar income from bearer public and corporate bonds, etc. on or after the lapse date (in the case of a person who has neither an individual number nor a corporate number on that date, the day on which one month has elapsed from the number notification date; hereinafter referred to as the "payment date" in this paragraph), present the person's verification documents, or transmit an electronic certificate for signature or similar record, to the head of the business office of a financial institution or other such place prescribed in Article 339, paragraph (3) of the Order for Enforcement of the Income Tax Act (Cabinet Order No. 96 of 1965) (Submission, etc. of Paper-Based Notices, etc. Concerning Interest and Similar Income from Bearer Public and Corporate Bonds) who accepted that paper-based notice (hereinafter referred to as the "head of the business office of a financial institution or other such place" in this Article and the following Article), and give notice of the individual number or corporate number. In this case, if the person receiving payment of that interest and similar income from bearer public and corporate bonds, etc. does not give that notice by the payment date, then with respect to that interest and similar income from bearer public and corporate bonds, etc. that is to be paid on or after that payment date and the payment of which is handled by that head of the business office of a financial institution or other such place, Article 339, paragraph (3) of that Order and Article 81-9, paragraph (3) of the Regulation for Enforcement of the Income Tax Act (Matters to Be Stated, etc. in a Paper-Based Notice by a Recipient of Interest and Similar Income from Bearer Public and Corporate Bonds) apply notwithstanding the provisions of the preceding paragraph.

④If notice has been given under the preceding paragraph (hereinafter referred to as "notice" in this Article), the head of the business office of a financial institution or other such place must confirm whether the individual number or corporate number so notified is the same as the individual number or corporate number stated or recorded in the verification documents presented, or the electronic certificate for signature or similar record received, at the time of that notice.

⑤If the head of the business office of a financial institution or other such place acts as intermediary for registration under the provisions of the Act on National Government Bonds (Act No. 34 of 1906) with respect to the bearer public and corporate bonds, etc. concerned in the notice, or acts as intermediary for entrustment of custody with respect to the bearer public and corporate bonds, etc. concerned in the notice, the head must, after that notice, notify the person who handled that registration or the person who has been entrusted with that custody of the individual number or corporate number confirmed under the preceding paragraph and the fact that the confirmation has been made.

⑥If the head of the business office of a financial institution or other such place has made the confirmation under paragraph (4), the head must make clear that the confirmation has been made, by entering the name of the verification documents presented at the time of the notice or the fact that an electronic certificate for signature or similar record was transmitted at the time of that notice in the books concerning the acceptance of Deposits and Savings or jointly managed trusts, the shareholder register and other books concerning the issuance of Securities (including similar books or documents) that are prescribed in Article 338, paragraph (4) of the Order for Enforcement of the Income Tax Act (Confirmation, etc. by the Head of the business office of a Savings Institution, etc.) as applied mutatis mutandis pursuant to Article 339, paragraph (9) of that Order and that relate to that confirmation.

⑦A person who has handled the registration prescribed in paragraph (5) or a person who has been entrusted with the custody prescribed in that paragraph must, if the person has received the notification under that paragraph, make clear the fact of having received that notification by entering the individual number or corporate number notified and a statement to that effect in the books concerning that registration or entrustment of custody (including similar books).

⑧The head of the business office of a financial institution or other such place, and a person who has handled the registration prescribed in paragraph (5) or a person who has been entrusted with the custody prescribed in that paragraph, must preserve the books prescribed in paragraph (6), or the books concerning registration or entrustment of custody prescribed in the preceding paragraph, for five years from the year following the year that includes the day on which those books are closed. In this case, the provisions of paragraph (5) of the preceding Article apply mutatis mutandis where the head of the business office of a financial institution or other such place is the head of the business office of a postal savings bank prescribed in that paragraph.

⑨The head of the business office of a financial institution or other such place, and a person who has handled the registration prescribed in paragraph (5) or a person who has been entrusted with the custody prescribed in that paragraph, must preserve documents stating the content of the notification received under that paragraph for five years from the year following the year that includes the day on which the notification was received.