Supplementary Provisions, Article 6Transitional Measures Accompanying Partial Amendment of the Local Tax Act

The provisions of Article 349-3-2, paragraph (1) of the Local Tax Act as amended by the provisions of the preceding Article apply to fixed assets tax for the fiscal years beginning with the fiscal year whose assessment date is January 1 of the year following the year in which the Effective Date falls (or, if the Effective Date is January 1, that day), and for fixed assets tax up to the fiscal year previous to that fiscal year, the provisions then in force continue to govern.