Supplementary Provisions, Article 52Transitional Measures Regarding Matters to Be Entered in Books Prepared upon Application by a Person Receiving Interest and Similar Income from Bearer Public and Corporate Bonds

①The provisions of Article 81-11, paragraph (2) of the New Regulation (Matters to Be Stated in a Ledger Prepared upon Application by a Person Receiving Interest and Similar Income from Bearer Public and Corporate Bonds) apply to a written application under Article 337, paragraph (3) of the New Order (Presentation, etc. of a Copy of the Certificate of Residence or Other Documents Pertaining to the Notice) as applied mutatis mutandis pursuant to Article 339, paragraph (9) of the New Order (Submission, etc. of Paper-Based Notices, etc. Concerning Interest and Similar Income from Bearer Public and Corporate Bonds) that is submitted on or after the Effective Date, and the provisions then in force continue to govern a written application under Article 337, paragraph (3) of the Former Order (Presentation, etc. of a Copy of the Certificate of Residence or Other Documents Pertaining to the Notice) as applied mutatis mutandis pursuant to Article 339, paragraph (9) of the Former Order (Submission, etc. of Paper-Based Notices, etc. Concerning Interest and Similar Income from Bearer Public and Corporate Bonds) that was submitted before the Effective Date.

②A person who, before the Effective Date, submitted the written application under Article 337, paragraph (3) of the Former Order as applied mutatis mutandis pursuant to Article 339, paragraph (9) of the Former Order and who receives payment, on or after the Effective Date, of the interest and similar income prescribed in Article 339, paragraph (1) of the Former Order from the bearer public and corporate bonds, etc. prescribed in that paragraph 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 who accepted that written application, 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 337, paragraph (5) of the Order for Enforcement of the Income Tax Act (Cabinet Order No. 96 of 1965) (Presentation, etc. of a Copy of the Certificate of Residence or Other Documents Pertaining to the Notice) as applied mutatis mutandis pursuant to Article 339, paragraph (9) of that Order (Submission, etc. of Paper-Based Notices, etc. Concerning Interest and Similar Income from Bearer Public and Corporate Bonds) and Article 81-11, paragraph (3) of the Regulation for Enforcement of the Income Tax Act (Matters to Be Stated in a Ledger Prepared upon Application by a Recipient of Interest and Similar Income from Bearer Public and Corporate Bonds) apply notwithstanding the provisions of the preceding paragraph.

③In the case of the preceding paragraph, the head of the business office of a financial institution or other such place who has received the notice under that paragraph (hereinafter referred to as the "notice" in this paragraph) must enter, in the ledger prepared under Article 81-11, paragraph (2) of the Former Regulation (Matters to Be Stated in a Ledger Prepared upon Application by a Person Receiving Interest and Similar Income from Bearer Public and Corporate Bonds), the individual number or corporate number of the person who gave the notice and either the name of the verification documents presented at the time of that notice or the fact that an electronic certificate for signature or similar record was transmitted at the time of that notice.

④The provisions of Article 81-11, paragraph (3) of the New Regulation apply to a written notification submitted on or after the Effective Date under that paragraph, and the provisions then in force continue to govern a written notification submitted before the Effective Date under Article 81-11, paragraph (3) of the Former Regulation.