The provisions of Article 37-11, Articles 37-11-3 through 37-11-5 (excluding the part pertaining to Article 37-11-3, paragraph (3), item (i)) and Article 37-12-2 of the New Act on Special Measures Concerning Taxation apply to a transfer of listed shares, etc. prescribed in Article 37-11, paragraph (1) of the New Act on Special Measures Concerning Taxation that an individual makes on or after January 1, 2004, and the provisions then in force continue to govern a transfer of listed shares, etc. prescribed in Article 37-11, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made before that date. In this case, with regard to the application of the provisions of Articles 37-11-3 through 37-11-5 of the New Act on Special Measures Concerning Taxation to listed shares, etc. prescribed in Article 37-11, paragraph (1) of the New Act on Special Measures Concerning Taxation during the period from that date to March 31, 2004, the phrase "listed shares, etc. (" in Article 37-11-3, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "listed shares, etc. (excluding beneficiary certificates of securities investment trusts for shares and similar interests and investment units of specified investment corporations prescribed in Article 37-11, paragraph (1) (excluding shares, etc. listed on a securities exchange prescribed in that paragraph and other similar ones specified by Cabinet Order);".