This Act comes into effect as of the date specified by Cabinet Order within a period not exceeding 1 year from the date of promulgation.

①The provisions of Article 28-5, paragraph (2), item (iv) of the Act on Special Measures Concerning Taxation as amended by the provisions of the preceding Article (referred to as the "New Act on Special Measures Concerning Taxation" in the following paragraph) apply to a transfer of land, etc. prescribed in that paragraph that an individual makes on or after the date on which this Act comes into effect (hereinafter referred to as the "Effective Date" in this Article), and with regard to a transfer of land, etc. prescribed in Article 28-5, paragraph (2) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of the preceding Article (referred to as the "Former Act on Special Measures Concerning Taxation" in the following paragraph) that an individual made before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 63-2, paragraph (3), item (iv) of the New Act on Special Measures Concerning Taxation apply to a transfer of land, etc. prescribed in that paragraph that a corporation (including an association or foundation without juridical personality prescribed in Article 2, item (viii) of the Corporation Tax Act (Act No. 34 of 1965); the same applies hereinafter in this paragraph) makes on or after the Effective Date, and with regard to a transfer of land, etc. prescribed in Article 63-2, paragraph (3) of the Former Act on Special Measures Concerning Taxation that a corporation made before the Effective Date, the provisions then in force continue to govern.