Supplementary Provisions, Article 11

①If the price that is to be the tax base of fixed assets tax for fiscal year 2008 imposed on depreciable assets was determined pursuant to Article 414 of the Former Act, the mayor of the municipality must immediately revise the price, etc. of those depreciable assets (meaning the price, etc. prescribed in Article 389, paragraph (1) of the New Act; the same applies hereinafter in this Article) to the price, etc. under the provisions of the New Act and register it in the depreciable assets tax ledger.

②If the revision of the price, etc. under the provisions of the preceding paragraph is made on or after the date of the public notice under Article 411, paragraph (2) of the Local Tax Act, the mayor of the municipality must, without delay, notify the person liable for fixed assets tax imposed on those depreciable assets of the price, etc. relating to the revision and of the fact that it has been registered in the depreciable assets tax ledger.

③If the price of depreciable assets relating to the price that is to be the tax base of fixed assets tax for fiscal year 2008 imposed on those depreciable assets, which was notified to the mayor of the municipality pursuant to Article 389, paragraph (1) of the Local Tax Act, was determined pursuant to Article 414 of the Former Act, the prefectural governor or the Minister for Internal Affairs and Communications must immediately revise the price, etc. of those depreciable assets to the price, etc. under the provisions of the New Act, allocate the price, etc. relating to the revision to the municipalities in which those depreciable assets are deemed to be located, and notify the mayor of each of those municipalities of the allocated price, etc. In this case, the prefectural governor or the Minister for Internal Affairs and Communications must, without delay, notify the owner of those depreciable assets to that effect.

④The provisions of Article 389, paragraphs (2), (4), (5) and (6) (excluding the part relating to item (i)) of the New Act apply mutatis mutandis to the case referred to in the preceding paragraph. In this case, the phrase "prefectural governor" in paragraphs (4) and (5) of that Article is deemed to be replaced with "prefectural governor or the Minister for Internal Affairs and Communications".

⑤The provisions of Article 390 of the New Act apply mutatis mutandis to the case where the Minister for Internal Affairs and Communications intends to make a determination on an objection to the revision or allocation of the price, etc. under the provisions of paragraph (3), and the provisions of Article 399 of the New Act apply mutatis mutandis to the case where the prefectural governor or the Minister for Internal Affairs and Communications has made a determination on an objection to the revision or allocation of the price, etc. under the provisions of that paragraph.

⑥If the price of depreciable assets relating to the amount that is to be the tax base of fixed assets tax for fiscal year 2008 imposed by the prefecture on those depreciable assets, which was notified to the person liable for tax and the mayor of the municipality pursuant to Article 743, paragraph (1) of the Local Tax Act, was determined pursuant to Article 414 of the Former Act, the prefectural governor must immediately revise the price, etc. of those depreciable assets to the price, etc. under the provisions of the New Act and notify the person liable for tax and the mayor of the municipality in which those depreciable assets are located of the price, etc. relating to the revision and of the amount that is to be the tax base of the fixed assets tax imposed by the prefecture. In this case, the provisions of Article 400-2 of the New Act apply mutatis mutandis.