①With regard to the application of the provisions of Article 42-13, paragraphs (2) and (3) of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date specified in Article 1, item (xiii) of the Supplementary Provisions, the phrase ", Article 42-12-5, paragraph (4), or paragraph (8) or (11) of the preceding Article" in paragraph (2) of that Article is deemed to be replaced with "or Article 42-12-5, paragraph (4)", and the phrase ", Article 42-12-5, paragraph (5), item (xii), or paragraph (9) or (12) of the preceding Article" in paragraph (3) of that Article with "or Article 42-12-5, paragraph (5), item (xii)".

②The provisions of Article 42-13, paragraph (7) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a group tax sharing corporation referred to in Article 42-4, paragraph (8), item (iii) of the Act on Special Measures Concerning Taxation for an eligible business year of that group tax sharing corporation that ends at the end of a business year, beginning on or after the Effective Date, of the group tax sharing parent corporation pertaining to that group tax sharing corporation, and the provisions then in force continue to govern corporation tax of a group tax sharing corporation referred to in Article 42-4, paragraph (8), item (iii) of the Former Act on Special Measures Concerning Taxation for an eligible business year of that group tax sharing corporation that ends at the end of a business year, beginning before the Effective Date, of the group tax sharing parent corporation pertaining to that group tax sharing corporation.