①The provisions of Article 3, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation as amended by the preceding Article (referred to as the "1999 Amendment Act" in this Article) apply to replacement assets prescribed in Article 37-3, paragraph (3) of the Act on Special Measures Concerning Taxation prior to the amendment by the 1999 Amendment Act (referred to as the "1999 Former Act" in this Article), which remains in force pursuant to the provisions of that paragraph, that an individual acquires (including construction and manufacture; the same applies hereinafter in this Article) on or after the Effective Date, and with regard to replacement assets prescribed in Article 37-3, paragraph (3) of the 1999 Former Act, which remains in force pursuant to the provisions of Article 3, paragraph (2) of the Supplementary Provisions of the 1999 Amendment Act prior to the amendment by the preceding Article, that an individual acquired before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 5, paragraph (2) of the Supplementary Provisions of the 1999 Amendment Act as amended by the preceding Article apply to assets prescribed in Article 65-7, paragraph (7) of the 1999 Former Act, which remains in force pursuant to the provisions of that paragraph, that a corporation acquires on or after the Effective Date, and with regard to assets prescribed in Article 65-7, paragraph (7) of the 1999 Former Act, which remains in force pursuant to the provisions of Article 5, paragraph (2) of the Supplementary Provisions of the 1999 Amendment Act prior to the amendment by the preceding Article, that a corporation acquired before the Effective Date, the provisions then in force continue to govern.