①In the case where a person who is making a specified loan prescribed in paragraph (1) of the preceding Article (referred to as a "specified loan" in this paragraph and the following paragraph) (referred to as a "specified lender" in this paragraph) has died, if an heir of that specified lender has acquired, by inheritance or bequest, from that specified lender the farmland or pasture land for which that specified lender had been making that specified loan, the provisions of Article 70-6 apply by deeming the farmland or pasture land for which that specified loan had been made to have been used by that specified lender for agriculture until the day of the specified lender's death.

②In the case where a person specified by Cabinet Order as an individual who had been engaged in agriculture (referred to as a "farm operator" in this paragraph) or a farming heir prescribed in Article 70-6, paragraph (1) (referred to as a "farming heir" in this paragraph) has died, if an heir of that farm operator or farming heir has made a specified loan, by the due date for filing the return under the provisions of Article 27, paragraph (1) of the Inheritance Tax Act (referred to as the "inheritance tax return due date" in the following paragraph), with regard to farmland or pasture land that the heir acquired by inheritance or bequest from that farm operator or farming heir, the provisions of Article 70-6 apply by deeming that farmland or pasture land to fall under farmland or pasture land used for the agriculture of that heir.

③In the case where the donor relating to a donee prescribed in Article 70-4, paragraph (1) to whom the provisions of the main clause of that paragraph apply has died, if, on the inheritance tax return due date relating to the death of that donor, that donee is making a specified loan prescribed in Article 70-4-2, paragraph (1) or a specified loan prescribed in paragraph (1) of the preceding Article with regard to farmland or pasture land, out of the farmland, etc. prescribed in Article 70-4, paragraph (1) to which the provisions of the main clause of that paragraph apply, the provisions of Article 70-6 apply by deeming that farmland or pasture land to fall under farmland or pasture land used for the agriculture of that donee.

④With regard to the application of the provisions of paragraph (1) of the preceding Article in the case where the provisions of the preceding three paragraphs apply, the phrase "within two months from" in that paragraph is deemed to be replaced with "by the day on which two months have elapsed from the day following, or by the due date for filing the inheritance tax return prescribed in paragraph (1) of the preceding Article, whichever is later,"; and beyond this, necessary matters concerning the application of the provisions of that Article are specified by Cabinet Order.