Supplementary Provisions, Article 16

The provisions of Article 72-5, paragraph (1), item (iv) of the New Act (excluding the part relating to exporters' associations, importers' associations and exporters' and importers' associations that are associations without capital contributions), Article 72-22, paragraph (4), items (v) and (viii), Article 72-26, paragraphs (3) and (5), and Article 72-48, paragraphs (2) and (5) of the New Act apply from corporate enterprise tax for business years beginning on or after April 1, 1961 and corporate enterprise tax on liquidation income from dissolution or merger on or after that date (including corporate enterprise tax for business years during liquidation and corporate enterprise tax to be paid upon the distribution of part of residual assets; the same applies in this Article and the following Article), and the provisions then in force continue to govern corporate enterprise tax for business years that began before that date and corporate enterprise tax on liquidation income from dissolution or merger before that date.