Supplementary Provisions, Article 18Transitional Measures Concerning the Valuation of Rights Relating to a Life Insurance Contract
第十八条（生命保険契約に関する権利の評価に関する経過措置）
The provisions then in force continue to govern inheritance tax on property that was acquired by inheritance or bequest before the Effective Date and that relates to the value of a right prescribed in Article 26 of the Inheritance Tax Act prior to amendment by the provisions of Article 3 (hereinafter referred to as the "Former Inheritance Tax Act").
施行日前に相続又は遺贈により取得した財産であって第三条の規定による改正前の相続税法（以下「旧相続税法」という。）第二十六条に規定する権利の価額に係るものに係る相続税については、なお従前の例による。
In the case where a person acquires, by inheritance or bequest, during the period until the day on which three years have passed from the Effective Date, a right relating to a life insurance contract prescribed in Article 26 of the Former Inheritance Tax Act for which the insured event had not occurred at the time of acquisition, the value of that right may be the amount prescribed in that Article.
相続又は遺贈により旧相続税法第二十六条に規定する生命保険契約に関する権利で取得した時において保険事故が発生していないものを施行日から三年を経過する日までの間に取得した場合には、当該権利の価額は、同条に規定する金額によることができる。