Supplementary Provisions, Article 16Transitional Measures Concerning Tax Exemption on Interest and Issue Discounts on Private Foreign Bonds
第十六条（民間国外債の利子及び発行差金の非課税に関する経過措置）
The provisions of Article 68 of the New Act apply to interest or issue discounts prescribed in that Article that a foreign corporation receives on private foreign bonds prescribed in that Article that are issued on or after the Effective Date, and the provisions then in force continue to govern interest or issue discounts prescribed in Article 68 of the Former Act that a foreign corporation receives on private foreign bonds prescribed in that Article that were issued before the Effective Date.
新法第六十八条の規定は、外国法人が施行日以後に発行される同条に規定する民間国外債につき支払を受ける同条に規定する利子又は発行差金について適用し、外国法人が施行日前に発行された旧法第六十八条に規定する民間国外債につき支払を受ける同条に規定する利子又は発行差金については、なお従前の例による。