①Where a depreciable asset held by a corporation is eligible, in the relevant business year, for two or more of the following provisions, only any one of those provisions applies to that depreciable asset.

②Where the acquisition cost of a depreciable asset held by a corporation includes the amount of experimental research expenses prescribed in Article 42-4, paragraph (19), item (i), and the provisions of paragraph (1) or paragraph (4) of that Article, Article 42-4-2, paragraph (1) or Article 42-5, paragraph (1) have been applied with respect to the amount of those experimental research expenses, the provisions listed in the items of the preceding paragraph do not apply to that depreciable asset.

③Where any one of the provisions listed in the items of paragraph (1) has been applied to a depreciable asset held by a corporation in any business year preceding the relevant business year, the provisions listed in the items of that paragraph other than that one provision do not apply to that depreciable asset.

④Where a corporation has received, through a qualified merger, qualified company split, qualified capital contribution in kind or qualified in-kind distribution, the transfer of a depreciable asset to which any one of the provisions listed in the items of paragraph (1) was applied at the merged corporation, splitting corporation, corporation making a capital contribution in kind or corporation making a distribution in kind, the provisions of the preceding paragraph apply to that depreciable asset by deeming that corporation to have been subject to that one provision in a business year preceding the relevant business year.

⑤Necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.