This Act comes into effect on April 1, 1985; provided, however, that the provisions set forth in the following items come into effect on the dates set forth in those items:

The provisions of Article 9-2, paragraph (1) of the Income Tax Act as amended by the provisions of Article 2 (hereinafter referred to as "the new Income Tax Act") apply to interest on postal savings prescribed in that paragraph that is to be paid on or after January 1, 1986, and the provisions then in force continue to govern interest on postal savings under Article 10, paragraph (1) of the Postal Savings Act (Act No. 144 of 1947) that is to be paid before that date.

The provisions of Article 9-2, paragraphs (2) and (3) of the new Income Tax Act apply to postal savings prescribed in paragraph (1) of that Article that are deposited on or after January 1, 1986 (or, for postal savings deposited using a passbook prescribed in paragraph (2) of that Article, postal savings pertaining to a passbook issued on or after that date).

If a person who, on or before December 31, 1985, was issued a passbook for depositing postal savings prescribed in Article 9-2, paragraph (2) of the new Income Tax Act makes a deposit of postal savings pertaining to that passbook on or after January 1, 1986 (excluding where a seal of verification indicating confirmation under paragraph (2) of that Article has already been obtained for that passbook pursuant to this paragraph and other cases specified by Cabinet Order), the person must, at the time of making that deposit, give the notice referred to in that paragraph as provided in that paragraph, and obtain a seal of verification indicating confirmation of the matters so notified. In this case, if the person has not obtained that seal of verification indicating confirmation, the provisions of paragraph (3) and paragraph (4) of that Article apply by deeming the postal savings pertaining to that passbook not to have obtained the seal of verification indicating confirmation prescribed in paragraph (3) of that Article.

Beyond what is provided for in the preceding three paragraphs, matters necessary for the application of the provisions of Article 9-2 of the new Income Tax Act to postal savings prescribed in paragraph (1) of that Article that were deposited on or before December 31, 1985 are specified by Cabinet Order.

The provisions of Article 10 of the new Income Tax Act apply to Deposits and Savings, Jointly Managed Trusts, or Securities prescribed in Article 10, paragraph (1) of the new Income Tax Act for which a deposit, placement into trust, or purchase (hereinafter referred to as "placement" in this Article) is made on or after January 1, 1986.

The provisions then in force continue to govern the interest on, or distributions of proceeds from, Deposits and Savings, Jointly Managed Trusts, or Securities prescribed in Article 10, paragraph (1) of the former Income Tax Act (meaning the Income Tax Act prior to amendment by the 1980 Amendment Act; the same applies hereinafter in this Article) which is to remain in force pursuant to Article 4, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Income Tax Act (Act No. 8 of 1980; hereinafter referred to as the "1980 Amendment Act" in this paragraph and the following paragraph) prior to amendment by the provisions of Article 34 of the Supplementary Provisions, that an individual domiciled in the area where the Income Tax Act is in force is to be paid on or before December 31, 1985.

If an individual prescribed in the preceding paragraph holds Deposits and Savings, Jointly Managed Trusts, or Securities prescribed in the preceding paragraph for which the individual made the placement on or before December 31, 1985 and which, as of that date, satisfy the requirements prescribed in Article 10 of the former Income Tax Act which is to remain in force pursuant to Article 4, paragraph (2) of the Supplementary Provisions of the 1980 Amendment Act prior to amendment by the provisions of Article 34 of the Supplementary Provisions (hereinafter referred to as "former Deposits and Savings" in this Article), the provisions of Article 10 of the new Income Tax Act apply to those former Deposits and Savings by deeming the individual to have made the placement on January 1, 1986 in accordance with the requirements of that Article.

A former statement of tax-exempt savings that a person holding former Deposits and Savings on January 1, 1986 submitted before that date via the business office of the financial institution or other such place prescribed in Article 10, paragraph (1) of the former Income Tax Act that accepts those former Deposits and Savings (meaning a statement of tax-exempt savings prescribed in paragraph (3) of that Article that pertains to those former Deposits and Savings; the same applies hereinafter in this Article) is deemed, as of that date, to be a statement of tax-exempt savings prescribed in Article 10, paragraph (3) of the new Income Tax Act that has been submitted via the business office of the financial institution or other such place prescribed in paragraph (1) of that Article in accordance with the requirements of that Article.

If an individual to whom the provisions of the preceding paragraph apply makes, on or after January 1, 1986, at the business office of the financial institution or other such place prescribed in Article 10, paragraph (1) of the new Income Tax Act via which the individual submitted the former statement of tax-exempt savings deemed under the preceding paragraph to be a statement of tax-exempt savings under paragraph (3) of that Article, a placement of Deposits and Savings, Jointly Managed Trusts, or Securities prescribed in paragraph (1) of that Article to which the individual seeks to apply the provisions of that paragraph (excluding where the individual has already submitted a statement of tax-exempt savings under paragraph (3) of that Article pursuant to this paragraph with respect to that former statement of tax-exempt savings, and other cases specified by Cabinet Order), the individual must newly submit a statement of tax-exempt savings under paragraph (3) of that Article, as provided in that paragraph and paragraph (5) of that Article, by the day on which the individual makes that placement. In this case, the maximum limitation set forth in paragraph (3), item (iii) of that Article that is to be stated in that statement of tax-exempt savings must be the amount equivalent to that maximum limitation in the former statement of tax-exempt savings, and if that statement of tax-exempt savings is not submitted by the day on which that placement is made, the former statement of tax-exempt savings deemed under the preceding paragraph to be a statement of tax-exempt savings under paragraph (3) of that Article is to cease to be effective on and after the day on which that placement is made.

A former statement of tax-exempt savings submitted on or before December 31, 1985 is to cease to be effective on that date, except for one deemed under paragraph (4) to be a statement of tax-exempt savings prescribed in Article 10, paragraph (3) of the new Income Tax Act.

Beyond what is provided for in paragraph (3) through the preceding paragraph, matters necessary for the application of the provisions of Article 10 of the new Income Tax Act to former Deposits and Savings are specified by Cabinet Order.

The provisions of Article 224, paragraph (1) of the new Income Tax Act apply to interest and similar income or dividends and similar income prescribed in that paragraph whose payment is finalized on or after January 1, 1986.

The provisions of Article 224, paragraphs (2) and (3) of the new Income Tax Act apply to interest, dividends, or distributions of proceeds prescribed in paragraph (2) of that Article that are received on or after January 1, 1986, and the provisions then in force continue to govern such interest, dividends, or distributions of proceeds received before that date.

The provisions of Article 224, paragraph (4) of the new Income Tax Act apply to redemption money for discount bonds prescribed in paragraph (5) of that Article that are issued on or after January 1, 1986 (or, where the bonds are purchased and cancelled, the consideration for that purchase).

The provisions of Article 225, paragraph (1), items (i) and (ii) of the new Income Tax Act apply to interest and similar income or dividends and similar income prescribed in Article 23, paragraph (1) or Article 24, paragraph (1) of the new Income Tax Act that are to be paid on or after January 1, 1986, and the provisions then in force continue to govern such interest and similar income or dividends and similar income to be paid before that date.

The provisions of Article 228, paragraph (1) of the new Income Tax Act apply to interest and similar income or dividends and similar income prescribed in that paragraph that are received on or after January 1, 1986, and the provisions then in force continue to govern such interest and similar income or dividends and similar income received before that date.