Supplementary Provisions, Article 12Transitional Measures Concerning Tax Exemption, etc. for Economic Benefits from the Acquisition of Shares through the Exercise of Rights to Request Share Transfers, etc. Granted to Specified Directors, etc.
第十二条（特定の取締役等が受ける株式譲渡請求権等の行使による株式の取得に係る経済的利益の非課税等に関する経過措置）
The provisions then in force continue to govern capital gains, etc. from shares, etc. prescribed in Article 29-2, paragraph (5) of the Former Act on Special Measures Concerning Taxation arising from a transfer of shares, etc. prescribed in that paragraph of specified shares or succeeded specified shares prescribed in that paragraph that a person eligible for the special provisions or a successor eligible for the special provisions prescribed in that paragraph made before the Effective Date.
旧租税特別措置法第二十九条の二第五項に規定する特例適用者又は承継特例適用者が施行日前にした同項に規定する特定株式又は承継特定株式の同項に規定する株式等の譲渡による同項に規定する株式等に係る譲渡所得等については、なお従前の例による。
With regard to income from a transfer of specified shares or succeeded specified shares prescribed in Article 29-2, paragraph (4) of the New Act on Special Measures Concerning Taxation in the case where a person eligible for the special provisions or a successor eligible for the special provisions prescribed in that paragraph transfers those shares within the period from the Effective Date to December 31, 2002, the provisions of Article 29-2, paragraph (5) of the Former Act on Special Measures Concerning Taxation remain in force. In this case, the phrase "Article 37-11, paragraph (1)" in paragraph (5) of that Article is deemed to be replaced with "Article 37-11, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 15, paragraph (2) of the Supplementary Provisions of that Act".
新租税特別措置法第二十九条の二第四項に規定する特例適用者又は承継特例適用者が、施行日から平成十四年十二月三十一日までの期間内に、同項に規定する特定株式又は承継特定株式の譲渡をする場合における当該譲渡による所得については、旧租税特別措置法第二十九条の二第五項の規定は、なおその効力を有する。この場合において、同条第五項中「第三十七条の十一第一項」とあるのは、「租税特別措置法及び阪神・淡路大震災の被災者等に係る国税関係法律の臨時特例に関する法律の一部を改正する法律（平成十一年法律第九号）附則第十五条第二項の規定によりなおその効力を有するものとされる同法第一条の規定による改正前の租税特別措置法第三十七条の十一第一項」とする。