Supplementary Provisions, Article 4Transitional Measures Concerning Real Property Acquisition Tax

①Except as otherwise provided, the provisions of the New Act relating to real property acquisition tax apply to real property acquisition tax to be imposed on the acquisition of real property on or after the Effective Date, and with regard to real property acquisition tax imposed on the acquisition of real property before the Effective Date, the provisions then in force continue to govern.

②With regard to real property acquisition tax imposed on the acquisition of real property prescribed in Article 73-5, paragraph (1), Article 73-27-6, paragraphs (1) and (2), Article 73-27-7, paragraphs (2) and (3), and Article 11, paragraphs (6), (22) and (26) and Article 11-7 of the Supplementary Provisions of the Former Act before the date provided for in Article 1, item (v) of the Supplementary Provisions, the provisions then in force continue to govern.

③The provisions of Article 73-5, paragraph (1) of the Former Act remain in force with regard to real property acquisition tax on the acquisition of land that, at the time of the enforcement of the Act Partially Amending the Cropland Act, etc. (Act No. 57 of 2009; hereinafter in this paragraph referred to as the "Cropland Act, etc. Amendment Act"), is under the management of the Minister of Agriculture, Forestry and Fisheries pursuant to Article 78, paragraph (1) of the Cropland Act (Act No. 229 of 1952) prior to amendment by the provisions of Article 1 of the Cropland Act, etc. Amendment Act (hereinafter in this paragraph referred to as the "Former Cropland Act") (excluding land purchased pursuant to Article 59, paragraph (1) of the Former Cropland Act), where that land has been sold or sold off by the State pursuant to Article 36 of the Former Cropland Act, which is to be governed by the provisions then in force pursuant to Article 5 of the Supplementary Provisions of the Cropland Act, etc. Amendment Act, Article 8, paragraph (2) or (3) of the Supplementary Provisions of the Cropland Act, etc. Amendment Act, or Article 80, paragraph (2) of the Former Cropland Act, which is to remain in force pursuant to Article 8, paragraph (4) of the Supplementary Provisions of the Cropland Act, etc. Amendment Act. In this case, the phrase "Article 36, Article 61 or Article 80, paragraph (2) of the Cropland Act" in Article 73-5, paragraph (1) of the Former Act is deemed to be replaced with "Article 36 of the Cropland Act prior to amendment by the provisions of Article 1 of the Act Partially Amending the Cropland Act, etc. (Act No. 57 of 2009; hereinafter in this paragraph referred to as the 'Cropland Act, etc. Amendment Act') (hereinafter in this paragraph referred to as the 'Former Cropland Act'), which is to be governed by the provisions then in force pursuant to Article 5 of the Supplementary Provisions of the Cropland Act, etc. Amendment Act, Article 8, paragraph (2) or (3) of the Supplementary Provisions of the Cropland Act, etc. Amendment Act, or Article 80, paragraph (2) of the Former Cropland Act, which is to remain in force pursuant to Article 8, paragraph (4) of the Supplementary Provisions of the Cropland Act, etc. Amendment Act".

④With regard to real property acquisition tax to be imposed on the acquisition of real property prescribed in Article 11-4, paragraph (5) of the Supplementary Provisions of the Former Act by a person listed in the right-hand column of the table in that paragraph who has received a transfer of business in accordance with a plan listed in the left-hand column of that table for which a certification listed in the middle column of that table was made before the Effective Date, or by a person who has received a transfer of business from a person listed in the right-hand column of that table in accordance with that plan (excluding a plan listed in the left-hand column of item (iii) of that table), the provisions then in force continue to govern.

⑤The provisions of Article 12 of the Supplementary Provisions of the New Act apply to real property acquisition tax to be imposed on the acquisition of farmland, pasture land and quasi-farmland prescribed in Article 12, paragraph (1) of the Supplementary Provisions of the New Act on or after the date provided for in Article 1, item (v) of the Supplementary Provisions, and with regard to real property acquisition tax imposed on the acquisition of farmland, pasture land and quasi-farmland prescribed in Article 12, paragraph (1) of the Supplementary Provisions of the Former Act before that date, the provisions then in force continue to govern.