①The provisions of Article 68-105-2 of the New Act on Special Measures Concerning Taxation apply to partnership contracts concluded on or after the Effective Date (meaning partnership contracts prescribed in Article 67-12, paragraph (3), item (i) of the New Act on Special Measures Concerning Taxation (excluding those concluded before April 1, 2007 that pertain to the leasing of aircraft to be used for a business pertaining to a permission under Article 100, paragraph (1) of the Civil Aeronautics Act); hereinafter the same applies in this paragraph), and to the partnership contracts pertaining to a succession to the status of a partner prescribed in Article 67-12, paragraph (1) of the New Act on Special Measures Concerning Taxation (hereinafter referred to as a "partner" in this paragraph) pertaining to a partnership contract (excluding a succession by a qualified merger to the status of a partner pertaining to a partnership contract concluded before the Effective Date and any other succession specified by Cabinet Order) that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation receives on or after the Effective Date.

②The provisions of Article 68-105-3 of the New Act on Special Measures Concerning Taxation apply to limited liability business partnership agreements prescribed in Article 68-105-3, paragraph (1) of the New Act on Special Measures Concerning Taxation that are concluded on or after the date specified in Article 1, item (vii) of the Supplementary Provisions.