Supplementary Provisions, Article 35Transitional Measures Accompanying Partial Amendment of the Local Tax Act

①For the calculation of the tax base of real property acquisition tax imposed on the acquisition of a facility in the case where, after receiving a loan of funds or a transfer of facilities under Article 20, paragraph (1), item (ii), (a) or (b) of the former Small and Medium Enterprise Promotion Corporation Act from a prefecture or the former Small and Medium Enterprise Promotion Corporation, a person acquires a facility to be used for a business contributing to the upgrading of the structure of small and medium enterprises prescribed in Article 73-14, paragraph (7) of the Local Tax Act prior to amendment under the provisions of the preceding Article (hereinafter simply referred to as the "Pre-amendment Local Tax Act"), the provisions then in force continue to govern.

②For real property acquisition tax imposed on the acquisition of real property by a business cooperative association, etc. in the case where the business cooperative association, etc. prescribed in Article 73-27-5, paragraph (1) of the Local Tax Act, after receiving a loan of funds or a transfer of facilities under Article 20, paragraph (1), item (ii), (a) or (b) of the former Small and Medium Enterprise Promotion Corporation Act from a prefecture or the former Small and Medium Enterprise Promotion Corporation, acquires real property to be used for a business contributing to the upgrading of the structure of small and medium enterprises prescribed in Article 73-27-5, paragraph (1) of the Pre-amendment Local Tax Act, and transfers that real property to a member or affiliated person of that business cooperative association, etc. within five years from the date of acquiring that real property, the provisions then in force continue to govern.

③For special land holding tax imposed on land used for, or on the acquisition of land used for, the businesses that are carried out in the case where a person carrying out a business contributing to the upgrading of the structure of small and medium enterprises under Article 20, paragraph (1), item (ii), (a) or (b) of the former Small and Medium Enterprise Promotion Corporation Act prescribed in Article 586, paragraph (2), item (xii) of the Pre-amendment Local Tax Act carries out that business after receiving a loan of funds or a transfer of facilities under Article 20, paragraph (1), item (ii), (a) or (b) of the former Small and Medium Enterprise Promotion Corporation Act from a prefecture or the former Small and Medium Enterprise Promotion Corporation, or in the case where a person carrying out a business specified as relating to that business pursuant to the provisions of Article 586, paragraph (2), item (xii) of the Pre-amendment Local Tax Act carries out that business, the provisions then in force continue to govern.

④For business office tax on businesses prescribed in Article 701-32, paragraph (1) of the Local Tax Act and business office tax on new construction or extension prescribed in paragraph (2) of that Article, relating to the facilities prescribed in Article 701-34, paragraph (3), item (xxii) of the Pre-amendment Local Tax Act that are used for a business contributing to the upgrading of the structure of small and medium enterprises under Article 20, paragraph (1), item (ii), (a) or (b) of the former Small and Medium Enterprise Promotion Corporation Act prescribed in that item, or for a business specified as relating to that business pursuant to the provisions of Article 701-34, paragraph (3), item (xxii) of the Pre-amendment Local Tax Act, among the facilities installed by a person carrying out that business with a loan of funds under Article 20, paragraph (1), item (ii), (a) of the former Small and Medium Enterprise Promotion Corporation Act received from a prefecture or the former Small and Medium Enterprise Promotion Corporation and the facilities transferred to that person under (b) of that item, the provisions then in force continue to govern.