Supplementary Provisions, Article 2Transitional Measures Concerning Time Limits for Reassessment, Determination, etc. and Extinctive Prescription

①The provisions of Article 17-5 of the Local Tax Act as amended by the provisions of Article 1 (hereinafter referred to as the "New Act") apply to local tax or additional charges for which the statutory payment due date prescribed in paragraph (1) of that Article arrives on or after the date of enforcement of this Act (hereinafter referred to as the "Effective Date"), and with regard to the period within which a reassessment, determination or assessment determination, or a determination of additional charges, may be made for local tax for which the statutory payment due date prescribed in Article 17-5, paragraph (1) of the Local Tax Act prior to amendment by the provisions of Article 1 (hereinafter referred to as the "Former Act") arrived before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 18, paragraph (1) of the New Act apply to local tax (including delinquency charges and additional charges on that local tax; the same applies hereinafter in this paragraph) for which the statutory payment due date prescribed in that paragraph arrives on or after the Effective Date, and with regard to the extinctive prescription of the right to collect local tax for which the statutory payment due date prescribed in Article 18, paragraph (1) of the Former Act arrived before the Effective Date, the provisions then in force continue to govern.