①This Act comes into effect on the date of promulgation; provided, however, that the provisions amending Article 12, paragraph (1), item (vii) and Article 35-2 apply from the inheritance tax on property acquired by inheritance, bequest or gift on or after January 1, 1951.

②At the time this Act comes into effect, in the case where a person who has acquired by inheritance or bequest on or after January 1, 1951 the property listed in Article 3, paragraph (1), item (i) of the Inheritance Tax Act has filed an estimated return in which the value of that property is included in the taxable value, if the taxable value or the amount of inheritance tax relating to that return has become excessive due to the enforcement of the provision amending Article 12, paragraph (1), item (vii) of that Act, that person may, within four months after this Act comes into effect, make a request for reassessment under Article 32, paragraph (1) of that Act relating to that estimated return.

③With regard to the taxable value or amount of inheritance tax for the year relating to a final return, a last final return, a return filed after the deadline relating to these returns, or a detailed statement under Article 57, paragraph (1) of the Inheritance Tax Act (including a detailed statement submitted after the deadline for filing that detailed statement), filed by a person with respect to property acquired by inheritance, bequest or gift on or before December 31, 1950, except in the case where that inheritance tax was evaded by fraud or other wrongful act, a reassessment (excluding a reassessment that reduces the taxable value or amount of inheritance tax) or determination of the taxable value or amount of inheritance tax under Article 35 of that Act cannot be made, on or after April 1, 1955, even before the expiration of the prescription period.