①The provisions of Article 37-14, paragraph (6) of the New Act on Special Measures Concerning Taxation apply in the case where the submission prescribed in that paragraph of the documents specified in the items of that paragraph is made on or after the Effective Date, and with regard to the case where the submission prescribed in Article 37-14, paragraph (6) of the Former Act on Special Measures Concerning Taxation of the written application referred to in that paragraph was made before the Effective Date, the provisions then in force continue to govern.

②A resident or nonresident with a permanent establishment referred to in Article 37-14, paragraph (5), item (i) of the New Act on Special Measures Concerning Taxation who, as of October 1, 2017, has opened a tax-exempt account prescribed in that item in which a tax-exempt management account for 2017 prescribed in item (ii) of that paragraph has been established, and who, as of that date, has notified the head of the business office (meaning the business office prescribed in item (i) of that paragraph) of the financial instruments business operator, etc. prescribed in that item at which that tax-exempt account has been opened of the person's individual number prescribed in Article 2, paragraph (5) of the Act on the Use of Numbers to Identify a Specific Individual in Administrative Procedures, is deemed to have submitted, on that date, to the head of the business office of that financial instruments business operator, etc., the written application specified in Article 37-14, paragraph (6), item (ii) of the New Act on Special Measures Concerning Taxation as falling under the case listed in that item.

③If there has been a submission, by the resident or nonresident with a permanent establishment referred to in the preceding paragraph to the head of the business office of the financial instruments business operator, etc. referred to in that paragraph, by September 30, 2017, of a document stating that the person will not receive the application of the provisions of that paragraph and other matters specified by Order of the Ministry of Finance, the provisions of that paragraph do not apply to that resident or nonresident with a permanent establishment.

④The head of the business office of the financial instruments business operator, etc. referred to in paragraph (2) must notify a person to whom the provisions of that paragraph have applied or a person to whom the provisions of that paragraph are expected to apply, by October 15, 2017, that the provisions of that paragraph have applied or that the provisions of that paragraph are expected to apply.

⑤With regard to a written notification of opening of a tax-exempt account prescribed in Article 37-14, paragraph (5), item (i) of the Act on Special Measures Concerning Taxation for which the submission prescribed in that item was made to the head of the business office of the financial instruments business operator, etc., during the period from April 1, 2021 to December 31 of that year, by a resident or nonresident with a permanent establishment referred to in that item who, as of April 1, 2021, has opened a tax-exempt account prescribed in that item in which a tax-exempt management account for 2017 prescribed in item (iii) of that paragraph has been established and who, before that date, has not notified the head of the business office (meaning the business office prescribed in Article 37-14, paragraph (1) of the Act on Special Measures Concerning Taxation; the same applies hereinafter in this paragraph and the following paragraph) of the financial instruments business operator, etc. prescribed in that paragraph at which that tax-exempt account has been opened of the person's individual number prescribed in Article 2, paragraph (5) of the Act on the Use of Numbers to Identify a Specific Individual in Administrative Procedures (hereinafter referred to as the "individual number" in this paragraph and the following paragraph), the head of the business office of that financial instruments business operator, etc. may accept it, notwithstanding the provisions of paragraph (9) of that Article; provided, however, that this does not apply to a written notification of opening of a tax-exempt account in which a name, date of birth, domicile prescribed in paragraph (8) of that Article and individual number different from those of which notice was given under that paragraph are stated.

⑥A resident or nonresident with a permanent establishment referred to in Article 37-14, paragraph (5), item (i) of the Act on Special Measures Concerning Taxation who, as of December 31, 2021, has opened a tax-exempt account prescribed in that item in which a tax-exempt management account for 2017 prescribed in item (iii) of that paragraph has been established, and who, as of that date, has not notified the head of the business office of the financial instruments business operator, etc. prescribed in paragraph (1) of that Article at which that tax-exempt account has been opened of the person's individual number, is deemed to have made, on January 1, 2022, to the head of the business office of that financial instruments business operator, etc., the submission prescribed in paragraph (16) of that Article of a written notification of closure of a tax-exempt account prescribed in that paragraph, and the provisions of paragraphs (17) and (18) of that Article apply.

⑦The provisions of Article 37-14-2, paragraph (12) of the New Act on Special Measures Concerning Taxation apply in the case where the submission prescribed in that paragraph of the written application referred to in that paragraph is made on or after the Effective Date, and with regard to the case where the submission prescribed in Article 37-14-2, paragraph (12) of the Former Act on Special Measures Concerning Taxation of the written application referred to in that paragraph was made before the Effective Date, the provisions then in force continue to govern.