①If there is an amount deemed, pursuant to the provisions of Article 24, paragraph (1) (Deemed Dividends in the Case of Dissolution or Merger) of the New Act, to be the amount of a dividend of profits or a distribution of surplus with respect to the money or other assets listed in item (iii) or (iv) of that paragraph that a domestic corporation receives, in a business year beginning on or after the Effective Date (including the period in liquidation of a corporation dissolved on or after the Effective Date), from a domestic corporation that was dissolved or merged before the Effective Date, the provisions then in force continue to govern the deduction from the amount of corporation tax of an amount equivalent to 25 percent of that deemed amount or the inclusion of the amount equivalent to that 25 percent in the value of the residual assets.

②If there is an amount deemed, pursuant to the provisions of Article 24, paragraph (1) (Deemed Dividends in the Case of Dissolution or Merger) of the Corporation Tax Act before the amendment (hereinafter referred to as "the Former Act"), to be the amount of a dividend of profits or a distribution of surplus with respect to the money or other assets listed in item (iii) or (iv) of that paragraph that a domestic corporation receives, in a business year that began before the Effective Date (including the period in liquidation of a corporation dissolved before the Effective Date), from a domestic corporation that is dissolved or merged on or after the Effective Date, that amount is not to be treated in accordance with the provisions of Articles 69, 97 and 101 (Deduction of Part of the Amount of Deemed Dividends, etc.) of the Former Act, notwithstanding the provisions of Article 2 (General Principle for Transitional Provisions) of the Supplementary Provisions.