This Act comes into effect on April 1, 2002; provided, however, that the provisions set forth in the following items come into effect on the dates specified in those items:

①The provisions of Article 9-2 of the new Income Tax Act apply to interest on postal savings that an individual domiciled in Japan who is a Person with a Disability or any other eligible person prescribed in paragraph (1) of that Article (hereinafter referred to as a "Person with a Disability or other eligible person" in this Article and the following Article) is to be paid on or after January 1, 2006 (or, for interest on ordinary postal savings prescribed in Article 7, paragraph (1), item (i) of the Postal Savings Act (Act No. 144 of 1947) (referred to as "ordinary postal savings" in the following paragraph), the date specified by Cabinet Order; hereinafter the same applies in this paragraph), and the provisions then in force continue to govern interest on postal savings that an individual domiciled in Japan who is an elderly person or similar person prescribed in Article 9-2, paragraph (1) of the former Income Tax Act (referred to as an "elderly person or similar person" in paragraph (1) of the following Article) is to be paid before January 1, 2006.

②The provisions then in force continue to govern the portion of the interest on postal savings (excluding ordinary postal savings) that an individual domiciled in Japan who is 65 years of age or older (excluding a person who falls under the category of Person with a Disability or other eligible person and who, on January 1, 2006, holds postal savings deposited before that date after giving notice under Article 9-2, paragraph (2) of the former Income Tax Act by presenting, from among the documents prescribed in paragraph (2) of that Article, one that falls under the papers concerning that person prescribed in Article 9-2, paragraph (2) of the new Income Tax Act (referred to as a "paper confirming a disability or similar position" in the following paragraph) and after obtaining a seal of verification (such a person is referred to as a "Person with a Disability whose papers were checked" in the following paragraph)) is to be paid on or after that date, which corresponds to an interest calculation period that includes that date, that is equivalent to the amount calculated pursuant to Cabinet Order as the amount corresponding to the period from the first day of that interest calculation period to December 31, 2005.

③If an individual domiciled in Japan who falls under the category of Person with a Disability or other eligible person (excluding a Person with a Disability whose papers were checked) and who, on January 1, 2006, holds postal savings deposited before that date that satisfy the requirements prescribed in Article 9-2 of the former Income Tax Act has, pursuant to Cabinet Order, obtained confirmation before that date that the individual falls under the category of Person with a Disability or other eligible person by presenting the documents prescribed in paragraph (2) of that Article (limited to those that fall under papers confirming a disability or similar position; hereinafter the same applies in this paragraph) to the handling post office prescribed in paragraph (1) of that Article for those postal savings, those postal savings are deemed to have been deposited after giving notice under paragraph (2) of that Article by presenting the documents prescribed in that paragraph upon submission of the application for tax-exempt postal savings prescribed in paragraph (1) of that Article and after obtaining a seal of verification, and the provisions of Article 9-2 of the new Income Tax Act and the preceding paragraph apply.

④The necessary particulars concerning the application of the provisions of the preceding three paragraphs are specified by Cabinet Order.

①The provisions of Article 10 of the new Income Tax Act apply to interest or distributions of proceeds from Deposits and Savings, Jointly Managed Trusts, specific forms of Bond-Based Investment Trusts under public offering, or Securities prescribed in paragraph (1) of that Article that an individual domiciled in Japan who is a Person with a Disability or other eligible person is to be paid on or after January 1, 2006 (or, for interest or distributions of proceeds from ordinary deposits and anything else specified by Cabinet Order as similar thereto (referred to as "ordinary deposits and similar deposits" in the following paragraph), the date specified by Cabinet Order; hereinafter the same applies in this paragraph), and the provisions then in force continue to govern interest or distributions of proceeds from Deposits and Savings, Jointly Managed Trusts, specific forms of Bond-Based Investment Trusts under public offering, or Securities prescribed in Article 10, paragraph (1) of the former Income Tax Act (referred to as "deposits and similar savings" in the following paragraph) that an individual domiciled in Japan who is an elderly person or similar person is to be paid before January 1 of that year.

②If an individual domiciled in Japan who is 65 years of age or older holds deposits and similar savings (excluding ordinary deposits and similar deposits) for which the individual made a deposit, placement into trust, or purchase (hereinafter referred to as "placement" in this Article) before January 1, 2006 and which satisfy the requirements prescribed in Article 10 of the former Income Tax Act on that date (excluding those for which the documents prescribed in paragraph (5) of that Article that were presented upon submission of the application to exempt savings from taxation prescribed in paragraph (2) of that Article pursuant to the provisions of that paragraph, and the documents prescribed in paragraph (5) of that Article that were presented pursuant to the provisions of that paragraph, fall under the papers concerning that individual prescribed in Article 10, paragraph (5) of the new Income Tax Act (referred to as "papers confirming a disability or similar position" in the following paragraph); hereinafter referred to as "savings not confirmed as held by a Person with a Disability" in this paragraph and the following paragraph), the provisions then in force continue to govern the portion of the interest or distributions of proceeds from those savings not confirmed as held by a Person with a Disability that are to be paid on or after that date and correspond to a calculation period for interest or distributions of proceeds that includes that date, that is equivalent to the amount calculated pursuant to Cabinet Order as the amount corresponding to the period from the first day of that calculation period for interest or distributions of proceeds to December 31, 2005.

③In the case referred to in the preceding paragraph, if an individual prescribed in that paragraph who falls under the category of Person with a Disability or other eligible person has, before January 1, 2006, pursuant to Cabinet Order, obtained confirmation that the individual falls under the category of Person with a Disability or other eligible person by presenting the documents prescribed in Article 10, paragraph (5) of the former Income Tax Act (limited to those that fall under papers confirming a disability or similar position; hereinafter the same applies in this paragraph) to the director of the business office of the financial institution or other such place prescribed in that paragraph for the savings not confirmed as held by a Person with a Disability, those savings not confirmed as held by a Person with a Disability are deemed to be savings for which a placement was made at that business office of the financial institution or other such place by presenting the documents prescribed in paragraph (5) of that Article upon submission of the application to exempt savings from taxation prescribed in paragraph (2) of that Article and the statement of tax-exempt savings prescribed in paragraph (3) of that Article or the statement under paragraph (4) of that Article, and the provisions of Article 10 of the new Income Tax Act and the preceding paragraph apply.

④The necessary particulars concerning the application of the provisions of the preceding three paragraphs are specified by Cabinet Order.

The provisions of Article 161, item (xii) of the new Income Tax Act apply to distributions of profits set forth in that item that are to be paid on or after the effective date, and the provisions then in force continue to govern distributions of profits set forth in Article 161, item (xii) of the former Income Tax Act that are to be paid before the effective date.

If, before the effective date, a person required to submit the reports or similar documents prescribed in Article 228-3 of the new Income Tax Act has, pursuant to the provisions of laws and regulations concerning income tax, prepared magnetic tape or magnetic disks recording the information to be entered in those reports or similar documents (hereinafter referred to as "magnetic tape or similar medium" in this Article) and has obtained the approval of the district director to submit the magnetic tape or similar medium so prepared in lieu of submitting those reports or similar documents, that approval of the district director is deemed to be the approval of the district director under Article 228-3 of the new Income Tax Act obtained pursuant to the provisions of that Article.

Beyond what is provided for in Article 2 of the Supplementary Provisions through the preceding Article, transitional measures necessary in connection with the enforcement of this Act are specified by Cabinet Order.