①Except as otherwise specially provided, the provisions of the New Act (excluding the provisions of Articles 411, 415, 419, 422-3, 423, 428 and 436 of the New Act) concerning fixed assets tax apply to fixed assets tax for fiscal year 1999 and thereafter, and for fixed assets tax up to fiscal year 1998, the provisions then in force continue to govern.

②The provisions of Article 348, paragraph (2), item (ii)-8 of the New Act apply to fixed assets tax for fiscal year 2000 and thereafter imposed on the underpasses or overpasses over railways prescribed in that item that are acquired on or after the Effective Date, and for fixed assets tax imposed on the underpasses or overpasses over railways prescribed in Article 348, paragraph (2), item (ii)-8 of the Former Act that were acquired before the Effective Date, the provisions then in force continue to govern.

③The provisions of Article 348, paragraph (2), items (x) through (xi) of the New Act apply to fixed assets tax for fiscal year 2001 and thereafter, and for fixed assets tax up to fiscal year 2000, the provisions then in force continue to govern.

④Notwithstanding the provisions of the preceding paragraph, for fixed assets tax imposed on fixed assets used, on or before March 31, 2000, for the businesses or facilities listed in Article 348, paragraph (2), item (x) of the Former Act, the provisions then in force continue to govern.

⑤The provisions of Article 348, paragraph (5) of the New Act apply to fixed assets tax for fiscal year 1999 and thereafter imposed on the fixed assets prescribed in that paragraph that were acquired on or after January 2, 1998, and for fixed assets tax imposed on the fixed assets prescribed in Article 348, paragraph (5) of the Former Act that were acquired on or before January 1, 1998, the provisions then in force continue to govern.

⑥The provisions of Article 349-3, paragraph (22) of the New Act apply to fixed assets tax for fiscal year 2000 and thereafter imposed on the structures prescribed in that paragraph that are acquired on or after the Effective Date, and for fixed assets tax imposed on the structures prescribed in Article 349-3, paragraph (22) of the Former Act that were acquired before the Effective Date, the provisions then in force continue to govern.

⑦The provisions of Article 349-3, paragraph (25) of the New Act apply to fixed assets tax for fiscal year 2000 and thereafter imposed on the fixed assets prescribed in that paragraph that were acquired on or after January 2, 1999, and for fixed assets tax imposed on the fixed assets prescribed in Article 349-3, paragraph (26) of the Former Act that were acquired on or before January 1, 1999, the provisions then in force continue to govern.

⑧The provisions of Article 349-3, paragraph (26) of the New Act apply to fixed assets tax for fiscal year 1999 and thereafter imposed on the fixed assets prescribed in that paragraph that were acquired on or after January 2, 1998, and for fixed assets tax imposed on the fixed assets prescribed in Article 349-3, paragraph (27) of the Former Act that were acquired on or before January 1, 1998, the provisions then in force continue to govern. In this case, the phrase "Bio-oriented Technology Research Advancement Institution" in that paragraph is deemed to be replaced with "Incorporated Administrative Agency National Agriculture and Bio-oriented Research Organization".

⑨For fixed assets tax for each fiscal year from fiscal year 1999 through fiscal year 2003 imposed on the pollution abatement facilities prescribed in Article 15, paragraph (5), item (ii) of the Supplementary Provisions of the Former Act or the combustion improvement equipment prescribed in item (iii) of that paragraph (limited to those acquired before the Effective Date), the provisions then in force continue to govern.

⑩For fixed assets tax imposed on depreciable assets for treating the soot and smoke prescribed in Article 2, paragraph (1) of the Air Pollution Control Act (Act No. 97 of 1968) (limited to those acquired on or before January 1, 1999), among the depreciable assets prescribed in Article 15, paragraph (6) of the Supplementary Provisions of the Former Act, the provisions then in force continue to govern.

⑪For fixed assets tax imposed on those pertaining to the pollution abatement facilities listed in Article 15, paragraph (5), item (ii) of the Supplementary Provisions of the Former Act (limited to those acquired on or before January 1, 1999), among the facilities or equipment prescribed in Article 15, paragraph (8) of the Supplementary Provisions of the Former Act, the provisions then in force continue to govern.

⑫For fixed assets tax imposed on the houses and depreciable assets used for the central urban area specified notified parking facilities prescribed in Article 15, paragraph (11), item (i) of the Supplementary Provisions of the Former Act that were constructed or installed between July 24, 1998 and March 31, 1999, or for the specified city planning parking facilities, or the specified notified parking facilities other than central urban area specified notified parking facilities, prescribed in item (ii) of that paragraph that were constructed or installed between January 2, 1997 and March 31, 1999, the provisions then in force continue to govern.

⑬For fixed assets tax imposed on the station facilities, etc. prescribed in Article 15, paragraph (12) of the Supplementary Provisions of the Former Act that were laid between January 2, 1990 and March 31, 2000, the provisions then in force continue to govern.

⑭For fixed assets tax imposed on the machinery and other equipment prescribed in Article 15, paragraph (14) of the Supplementary Provisions of the Former Act that were acquired between April 1, 1988 and March 31, 1999, the provisions then in force continue to govern.

⑮For fixed assets tax imposed on the telecommunications circuit facilities prescribed in Article 15, paragraph (28) of the Supplementary Provisions of the Former Act that were newly installed between April 1, 1998 and March 31, 2000 and used for the Type I telecommunications business prescribed in Article 6, paragraph (2) of the Telecommunications Business Act (Act No. 86 of 1984) prior to amendment by the provisions of Article 2 of the Act Partially Amending the Telecommunications Business Act and the Act on Nippon Telegraph and Telephone Corporation, etc. (Act No. 125 of 2003), the provisions then in force continue to govern.

⑯For fixed assets tax imposed on the advanced cable television broadcasting facilities prescribed in Article 15, paragraph (31) of the Supplementary Provisions of the Former Act that were newly installed between April 1, 1997 and March 31, 1999, the provisions then in force continue to govern.

⑰For fixed assets tax imposed on the track facilities prescribed in Article 15, paragraph (37) of the Supplementary Provisions of the Former Act (limited to those pertaining to the Shinkansen railways prescribed in Article 2 of the Nationwide Shinkansen Railways Construction and Improvement Act (Act No. 71 of 1970)) that were acquired between April 1, 1996 and March 31, 1999, the provisions then in force continue to govern.

⑱For fixed assets tax imposed on the station facilities, etc. prescribed in Article 15, paragraph (40) of the Supplementary Provisions of the Former Act that were installed between January 2, 1996 and March 31, 1999, the provisions then in force continue to govern.

⑲For fixed assets tax imposed on the track facilities, etc. prescribed in Article 15, paragraph (45) of the Supplementary Provisions of the Former Act that were acquired or improved between April 28, 1993 and March 31, 1999, the provisions then in force continue to govern.

⑳For fixed assets tax imposed on the houses prescribed in Article 16, paragraph (5) of the Supplementary Provisions of the Former Act that were newly constructed between January 2, 1994 and March 31, 1999, the provisions then in force continue to govern.

①As for the terms of office of members of the fixed asset valuation review board who are in office at the time of the enforcement of the provisions listed in Article 1, item (i) of the Supplementary Provisions, the provisions then in force continue to govern.

②The mayor of the municipality may, notwithstanding the provisions of Article 423, paragraph (6) of the New Act, for each member of the fixed asset valuation review board who is first appointed pursuant to the provisions of paragraph (3) of that Article on or after January 1, 2000 (including a person first appointed after the retirement or expiry of the term of office of a member of the fixed asset valuation review board prescribed in the preceding paragraph), set a term of office of not less than one year and not more than four years, and appoint that person for that term of office.

③If a fixed asset valuation review board is, at the time of the enforcement of the provisions listed in Article 1, item (i) of the Supplementary Provisions, handling a case pertaining to an application for review, the members of that fixed asset valuation review board (or, where a subcommittee has been established pursuant to the provisions of Article 423, paragraph (9) of the Former Act, the members of the subcommittee handling that case) are deemed to have been designated as the members constituting the panel to handle that case pursuant to the provisions of Article 428, paragraph (1) of the New Act.

④The provisions of Article 423, paragraph (1), Article 428, paragraph (2), Article 432 and Article 433 of the New Act apply to applications for review concerning the price registered in the fixed assets tax ledger for fixed assets pertaining to fixed assets tax for fiscal year 2000 and thereafter, and to applications for review concerning the price registered in the fixed assets tax ledger for fixed assets pertaining to fixed assets tax up to fiscal year 1999 for which the first day of the inspection period under Article 419, paragraph (3) of the New Act, or the day on which notification under Article 417, paragraph (1) of the New Act was received, pertaining to that registered price is a day on or after January 1, 2000 (hereinafter in this paragraph referred to as an "application for review whose filing period began on or after 1 January 2000"), and for applications for review concerning matters registered in the fixed assets tax ledger for fixed assets pertaining to fixed assets tax up to fiscal year 1999 (excluding an application for review whose filing period began on or after 1 January 2000), the provisions then in force continue to govern.