This Act comes into effect on April 1, 1982; provided, however, that the provisions listed in the following items come into effect on the dates specified in the respective items:

Unless otherwise provided for, the provisions of Chapter II of the Act on Special Measures Concerning Taxation as amended (hereinafter referred to as the "New Act") apply to income tax for 1982 and subsequent years, and with regard to income tax for 1981 and earlier years, the provisions then in force continue to govern.

With regard to the application of the provisions of Article 3, paragraph (6) (including as applied mutatis mutandis pursuant to Article 8-2, paragraph (6) of the New Act), Article 3-3, Article 8-3 and Article 8-4, paragraph (6) of the New Act to interest and similar income on bearer public and corporate bonds (meaning interest, distributions of profit or distributions of proceeds prescribed in Article 224, paragraph (2) of the Income Tax Act (Act No. 33 of 1965)) received during the period from January 1, 1983 to March 31 of that year, the phrase "Article 224, paragraphs (2) and (3) and Article 225 of the Income Tax Act" in Article 3, paragraph (6) of the New Act is deemed to be replaced with "Article 224 of the Income Tax Act prior to the amendment by the Act Partially Amending the Income Tax Act (Act No. 8 of 1980; hereinafter referred to as the "1980 Amendment Act" in this paragraph, Article 3-3, paragraph (1), Article 8-3, paragraph (1) and Article 8-4, paragraph (6)) (referred to as the "Former Act" in Article 3-3, paragraph (1), Article 8-3, paragraph (1) and Article 8-4, paragraph (6)), which is to govern pursuant to the provisions of Article 8, paragraph (2) of the Supplementary Provisions of the 1980 Amendment Act, and Article 225 of the Income Tax Act", the phrase "Article 224, paragraph (2) of the Income Tax Act" in Article 3-3, paragraph (1) and Article 8-3, paragraph (1) of the New Act with "Article 224 of the Former Act, which is to govern pursuant to the provisions of Article 8, paragraph (2) of the Supplementary Provisions of the 1980 Amendment Act", the phrase "that Act" with "the Income Tax Act", and the phrase "Article 224, paragraphs (2) and (3) and Article 225 of the Income Tax Act" in Article 8-4, paragraph (6) of the New Act with "Article 224 of the Former Act, which is to govern pursuant to the provisions of Article 8, paragraph (2) of the Supplementary Provisions of the 1980 Amendment Act, and Article 225 of the Income Tax Act".

①The provisions of Articles 4-2 and 4-3 of the New Act apply to asset-building savings prescribed in Article 4-2, paragraph (1) of the New Act or asset-building pension savings prescribed in Article 4-3, paragraph (1) of the New Act for which deposit, trust, purchase or payment (hereinafter referred to as "placement" in this Article) is made based on a workers' property accumulation savings contract prescribed in Article 6, paragraph (1) of the Workers' Property Accumulation Promotion Act (Act No. 92 of 1971) or a workers' property accumulation pension savings contract prescribed in paragraph (2) of that Article concluded on or after the date specified in Article 1, item (ii) of the Supplementary Provisions.

②If a worker prescribed in Article 4-2, paragraph (1) of the New Act holds asset-building savings prescribed in Article 4-2, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment (hereinafter referred to as the "Former Act") for which placement was made before the date specified in Article 1, item (ii) of the Supplementary Provisions and which satisfy the requirements of that Article on that date (hereinafter referred to as "former asset-building savings" in this Article), the provisions of Article 4-2 of the New Act apply to those asset-building savings by deeming that worker to have made placement in accordance with the requirements of that Article on that date.

③If a person who holds former asset-building savings on the date specified in Article 1, item (ii) of the Supplementary Provisions changes, during the period from that date to the day on which two years have elapsed from that date, the workers' property accumulation savings contract prescribed in Article 4-2, paragraph (1) of the New Act relating to those former asset-building savings to a workers' property accumulation pension savings contract prescribed in Article 4-3, paragraph (1) of the New Act, as provided for in Article 2, paragraph (3) of the Supplementary Provisions of the Act Partially Amending the Workers' Property Accumulation Promotion Act, the provisions of Article 4-3 of the New Act apply by deeming a placement of the asset-building savings prescribed in Article 4-2, paragraph (1) of the New Act that satisfy the requirements of that Article on the day of that change to be made, on that day, as asset-building pension savings based on a workers' property accumulation pension savings contract prescribed in Article 4-3, paragraph (1) of the New Act.

④Beyond what is provided for in the preceding three paragraphs, necessary matters concerning the application of the provisions of Articles 4-2 and 4-3 of the New Act with regard to former asset-building savings and the change referred to in the preceding paragraph are specified by Cabinet Order.

①The provisions of items (i) through (vi) of the table in Article 11, paragraph (1) of the New Act apply to depreciable assets listed in those provisions for which an individual makes an acquisition, etc. (meaning acquisition, or manufacture or construction; the same applies hereinafter in this Article) on or after the date on which this Act comes into effect (hereinafter referred to as the "Effective Date") and which the individual uses for the individual's business, and the provisions then in force continue to govern the case where an individual uses for the individual's business depreciable assets listed in items (i) through (vi) of the table in Article 11, paragraph (1) of the Former Act for which the individual made an acquisition, etc. before the Effective Date.

②The provisions of Article 12 of the New Act apply to industrial machinery, etc. prescribed in paragraph (1) of that Article for which an individual makes an acquisition, etc. on or after the Effective Date and which the individual uses for the individual's business, and the provisions then in force continue to govern the case where an individual uses for the individual's business industrial machinery, etc. prescribed in Article 12, paragraph (1) of the Former Act for which the individual made an acquisition, etc. before the Effective Date.

③The provisions of Article 13-2 of the New Act apply to fishing vessels held by members of a fishery cooperative, etc. prescribed in paragraph (1), item (iii) of that Article that receives, on or after the Effective Date, the certification referred to in that item for a small and medium sized fishery structural improvement plan prescribed in that item, and the provisions then in force continue to govern fishing vessels held by members of a fishery cooperative, etc. prescribed in Article 13-2, paragraph (1), item (iii) of the Former Act that received, before the Effective Date, the certification referred to in that item for a small and medium sized fishery structural improvement plan prescribed in that item.

④If, among fishery cooperatives, etc. prescribed in Article 5, paragraph (1) of the Act on Special Measures for the Reconstruction and Readjustment of Fisheries (Act No. 43 of 1976) prior to the amendment by the Act Partially Amending the Act on Special Measures for the Reconstruction and Readjustment of Fisheries that, at the time that Act comes into effect, have received the certification referred to in that paragraph for a small and medium sized fishery structural improvement plan prescribed in that paragraph (hereinafter referred to as "former certification" in this paragraph), one that had not received certification for any other small and medium sized fishery structural improvement plan before that former certification receives, by the day before the day on which one year has elapsed from the date on which the Act Partially Amending the Act on Special Measures for the Reconstruction and Readjustment of Fisheries comes into effect, the certification referred to in Article 5, paragraph (1) of the Act on Special Measures for the Reconstruction and Readjustment of Fisheries as amended by that Act for a small and medium sized fishery structural improvement plan prescribed in that paragraph, then, notwithstanding the provisions of the preceding paragraph, the provisions then in force continue to govern the calculation of the amount of depreciation allowance for fishing vessels held by members of that fishery cooperative, etc. as of December 31 of each year from the year that includes the date of the former certification to the year that includes the day before the day on which five years have elapsed from January 1 of that year.

⑤The provisions of Article 14, paragraph (2) of the New Act apply to facility buildings prescribed in that paragraph that an individual acquires or newly builds on or after the Effective Date, and the provisions then in force continue to govern facility buildings prescribed in Article 14, paragraph (2) of the Former Act that an individual acquired or newly built before the Effective Date.

⑥The provisions of Article 15, paragraph (1) of the New Act apply to specified stockpiling facilities, etc. prescribed in that paragraph that an individual acquires or constructs on or after the Effective Date, and the provisions then in force continue to govern specified stockpiling facilities, etc. prescribed in Article 15, paragraph (1) of the Former Act that an individual acquired or constructed before the Effective Date.

⑦The provisions of Article 16-2 of the New Act apply to business conversion facilities, etc. prescribed in paragraph (1) of that Article of an individual in the case where the individual receives a certification listed in any of the items of that paragraph on or after the Effective Date, and the provisions then in force continue to govern business conversion facilities, etc. prescribed in Article 16-2, paragraph (1) of the Former Act of an individual in the case where the individual received a certification or approval listed in any of the items of that paragraph before the Effective Date.

⑧The provisions of Article 17 of the New Act apply to depreciable assets prescribed in that Article for which an individual makes an acquisition, etc. on or after the Effective Date, and the provisions then in force continue to govern depreciable assets prescribed in Article 17 of the Former Act for which an individual made an acquisition, etc. before the Effective Date.

With regard to the inclusion in gross revenue relating to business income for 1982 of the amount of the reserve for price fluctuations referred to in Article 19, paragraph (1) of the Former Act that an individual set aside in 1981 pursuant to the provisions of that paragraph, the provisions then in force continue to govern.