①The provisions of Article 32, item (v) (Scope of Financial Institutions, etc.) and Article 42, paragraph (1), item (i) (Scope of Statements of Tax-Exempt Savings That May Be Submitted Repeatedly via the business office of the Same Financial Institution or Other Such Place) of the New Order apply to the deposits and similar savings prescribed in Article 10, paragraph (1) (Nontaxability of Interest Income, etc. from Small Amounts of Deposits Held by Elderly Persons or Similar Persons) of the New Act for which deposit, entrustment or purchase is made on or after the Effective Date.

②With regard to the retention of the application forms prescribed in Article 48, paragraph (1) (Organization and Retention, etc. of Books and Documents Concerning Tax-Exempt Savings at the business office of a Financial Institution or Other Such Place) of the Former Order, the books prescribed in paragraph (3) of that Article, the copies of the return forms and documents prescribed in paragraph (4) of that Article, the books, written applications and written notices prescribed in paragraph (5) of that Article, and the written documents and books prescribed in paragraph (6) of that Article, that were received or prepared before the Effective Date (for the ordinary deposits and similar deposits referred to in paragraph (4), before the day provided for in that paragraph), the provisions then in force continue to govern.

③The items specified by Cabinet Order prescribed in Article 7, paragraph (1) (Transitional Measures Concerning Nontaxability of Interest Income, etc. from Small Amounts of Deposits Held by Elderly Persons or Similar Persons) of the Supplementary Provisions of the Income Tax Act Amendment Act are ordinary savings deposits, tax payment reserve deposits, tax fund saving partnership deposits, and other items similar to these that are specified by Ministry of Finance Order.

④The date specified by Cabinet Order prescribed in Article 7, paragraph (1) of the Supplementary Provisions of the Income Tax Act Amendment Act is the day following the last day of the calculation period, including April 1, 1988, of the interest and similar income prescribed in Article 23, paragraph (1) (Interest Income) of the New Act pertaining to the ordinary deposits and similar deposits prescribed in Article 7, paragraph (1) of the Supplementary Provisions of the Income Tax Act Amendment Act (hereinafter referred to as "ordinary deposits and similar deposits" in this Article).

⑤The amount calculated as provided by Cabinet Order prescribed in Article 7, paragraph (2), item (ii) of the Supplementary Provisions of the Income Tax Act Amendment Act is the amount calculated by dividing the amount obtained by multiplying the amount of interest on, or distributions of proceeds from, the deposits and similar savings prescribed in Article 7, paragraph (2) of the Supplementary Provisions of the Income Tax Act Amendment Act (hereinafter referred to as "deposits and similar savings" in this Article) that corresponds to the calculation period of the interest or distribution of proceeds that includes April 1, 1988 by the number of days in the period from the first day of that calculation period to March 31 of the same year, by the number of days in that calculation period.

⑥Where an individual who has a domicile in Japan and who falls under an elderly person or similar person on the day provided for in paragraph (4) holds ordinary deposits and similar deposits that were deposited before that day and that, on the day preceding that day, satisfy the requirements prescribed in Article 10 (Nontaxability of Interest Income, etc. from Small Deposits) of the Former Act, then if, during the period from the day provided for in paragraph (4) until the day on which interest on those ordinary deposits and similar deposits (limited to interest to be received on or after that day) is first received on or after that day (where that day is after March 31, 1989, that March 31, 1989; and where, on or after the day provided for in paragraph (4) and before those days, placement is made, at the business office of a financial institution or other such place prescribed in Article 10, paragraph (1) of the New Act, of deposits and similar savings for which the individual seeks the application of the provisions of Article 10, paragraph (1) of the New Act, as prescribed in that paragraph (excluding a deposit by transfer of pensions and annuities to those ordinary deposits and similar deposits and other deposits specified by Ministry of Finance Order, and a deposit through an automated teller machine installed at the business office of a financial institution or other such place and other deposits specified by Ministry of Finance Order), the day on which that placement is first made), the individual submits the statement of tax-exempt savings prescribed in Article 10, paragraph (3) of the New Act, through that business office of a financial institution or other such place, to the district director prescribed in that paragraph, and submits the application to exempt savings from taxation prescribed in Article 10, paragraph (1) of the New Act pertaining to those ordinary deposits and similar deposits to that business office of a financial institution or other such place, and, upon submitting them, presents the documents prescribed in Article 10, paragraph (5) of the New Act, gives notice in accordance with the provisions of that paragraph and receives a seal, Article 10 of the New Act applies to that interest by treating those ordinary deposits and similar deposits as having been deposited at that business office of a financial institution or other such place on the day provided for in paragraph (4), and that statement and application form as having been submitted on that day.

⑦The statement of tax-exempt savings and the application to exempt savings from taxation prescribed in Article 7, paragraph (3) of the Supplementary Provisions of the Income Tax Act Amendment Act or in the preceding paragraph, which are submitted pursuant to the provisions of Article 7, paragraph (3) of the Supplementary Provisions of the Income Tax Act Amendment Act or the preceding paragraph, must state, in addition to the matters listed in the items of Article 10, paragraph (3) of the New Act, the statement to the effect that the person seeks the application of Article 10, paragraph (1) of the New Act, and the matters listed in the items of Article 34, paragraph (1) (Required Particulars of and Submission of Application to Exempt Savings from Taxation) of the New Order, the fact that they are submitted pursuant to the provisions of Article 7, paragraph (3) of the Supplementary Provisions of the Income Tax Act Amendment Act or the preceding paragraph.

①The amount calculated as provided by Cabinet Order prescribed in Article 8, paragraph (2) (Transitional Measures Concerning Nontaxability of Public Corporations, etc. and Public Interest Trusts) of the Supplementary Provisions of the Income Tax Act Amendment Act is the amount calculated by dividing the amount obtained by multiplying the amount of interest on, or distributions of proceeds from, the public and corporate bonds, etc. prescribed in that paragraph that corresponds to the calculation period of the interest or distribution of proceeds from those public and corporate bonds, etc. that includes April 1, 1988 by the number of days in the period from the first day of that calculation period to March 31 of the same year, by the number of days in that calculation period.

②With regard to the application of Article 51 (Amount of Interest or Distributions of Proceeds from Public and Corporate Bonds, etc. for the Period of Continued Ownership by a Public Corporation, etc.) of the New Order to the amount of interest on, or distributions of proceeds from, the public and corporate bonds, etc. prescribed in Article 8, paragraph (2) of the Supplementary Provisions of the Income Tax Act Amendment Act that corresponds to the calculation period of the interest or distribution of proceeds from those public and corporate bonds, etc. that includes April 1, 1988, the phrase "throughout the calculation period" in item (i) of Article 51 of the New Order is deemed to be replaced with "throughout the period, out of the calculation period that includes April 1, 1988, from that date to the last day of that calculation period (referred to as the "period under the new law" in the following item)", the phrase "the amount of interest or distribution of proceeds" in item (i) of Article 51 of the New Order is deemed to be replaced with "the portion of the amount of interest or distribution of proceeds other than the amount calculated pursuant to the provisions of Article 6, paragraph (1) (Transitional Measures Concerning Nontaxability of Public Corporations, etc. and Public Interest Trusts) of the Supplementary Provisions of the Cabinet Order Partially Amending the Order for Enforcement of the Income Tax Act (Cabinet Order No. 387 of 1987) (referred to as the "amount of interest, etc. corresponding to the period under the new law" in the following item)", and in item (ii) of Article 51 of the New Order, the phrase "calculation period of the interest or distribution of proceeds" is deemed to be replaced with "period under the new law", the phrase "the last day of that calculation period" with "the last day of the period under the new law", the phrase "the amount of interest or distribution of proceeds corresponding to that calculation period" with "the amount of interest, etc. corresponding to the period under the new law", and the phrase "the number of days in that calculation period" with "the number of days in the period under the new law".

The provisions of Article 2, paragraph (1) (Transitional Measures Concerning Taxation of Income Tax on Interest and Similar Income or Compensation for Periodic Deposits or Similar Amounts Received by a Domestic Corporation) of the Supplementary Provisions apply mutatis mutandis to the items specified by Cabinet Order prescribed in Article 16, paragraph (1) (Transitional Measures Concerning Income Tax on Domestic Source Income) of the Supplementary Provisions of the Income Tax Act Amendment Act, the provisions of Article 2, paragraph (2) of the Supplementary Provisions apply mutatis mutandis to the date specified by Cabinet Order prescribed in Article 16, paragraph (1) of the Supplementary Provisions of the Income Tax Act Amendment Act, the provisions of Article 2, paragraph (3) of the Supplementary Provisions apply mutatis mutandis to the amount calculated as provided by Cabinet Order prescribed in Article 16, paragraph (2) of the Supplementary Provisions of the Income Tax Act Amendment Act, the provisions of Article 2, paragraph (4) of the Supplementary Provisions apply mutatis mutandis to the period specified by Cabinet Order prescribed in Article 16, paragraph (3) of the Supplementary Provisions of the Income Tax Act Amendment Act, and the provisions of Article 2, paragraph (5) of the Supplementary Provisions apply mutatis mutandis to the amount calculated as provided by Cabinet Order prescribed in Article 16, paragraph (3) of the Supplementary Provisions of the Income Tax Act Amendment Act, respectively.

The provisions of Article 2, paragraph (1) (Transitional Measures Concerning Taxation of Income Tax on Interest and Similar Income Received by a Domestic Corporation) of the Supplementary Provisions apply mutatis mutandis to the items specified by Cabinet Order prescribed in Article 17, paragraph (1) (Transitional Measures Concerning Withholding from Interest Income) of the Supplementary Provisions of the Income Tax Act Amendment Act, the provisions of Article 2, paragraph (2) of the Supplementary Provisions apply mutatis mutandis to the date specified by Cabinet Order prescribed in Article 17, paragraph (1) of the Supplementary Provisions of the Income Tax Act Amendment Act, and the provisions of Article 2, paragraph (3) of the Supplementary Provisions apply mutatis mutandis to the amount calculated as provided by Cabinet Order prescribed in Article 17, paragraph (2) of the Supplementary Provisions of the Income Tax Act Amendment Act, respectively.

The provisions of Article 2, paragraph (4) of the Supplementary Provisions (Transitional Measures Concerning Taxation of Income Tax on Compensation for Periodic Deposits or Similar Amounts Received by Domestic Corporations) apply mutatis mutandis to the period specified by Cabinet Order prescribed in Article 22, paragraph (2) (Transitional Measures Concerning Withholding on Compensation for Periodic Deposits or Similar Amounts of Installment Savings) of the Supplementary Provisions of the Income Tax Act Amendment Act, and the provisions of Article 2, paragraph (5) of the Supplementary Provisions apply mutatis mutandis to the amount calculated as specified by Cabinet Order prescribed in Article 22, paragraph (2) of the Supplementary Provisions of the Income Tax Act Amendment Act (including as applied mutatis mutandis pursuant to Article 23, paragraph (3) (Transitional Measures Concerning Withholding on the Income of Nonresidents or Corporations) of the Supplementary Provisions of that Act), respectively.

The provisions of Article 2, paragraph (1) of the Supplementary Provisions (Transitional Measures Concerning Taxation of Income Tax on Interest and Similar Income or Compensation for Periodic Deposits or Similar Amounts Received by Domestic Corporations) apply mutatis mutandis to what is specified by Cabinet Order prescribed in Article 23, paragraph (1) (Transitional Measures Concerning Withholding on the Income of Nonresidents or Corporations) of the Supplementary Provisions of the Income Tax Act Amendment Act, the provisions of Article 2, paragraph (2) of the Supplementary Provisions apply mutatis mutandis to the date specified by Cabinet Order prescribed in Article 23, paragraph (1) of the Supplementary Provisions of the Income Tax Act Amendment Act, the provisions of Article 2, paragraph (3) of the Supplementary Provisions apply mutatis mutandis to the amount calculated as specified by Cabinet Order prescribed in Article 23, paragraph (2) of the Supplementary Provisions of the Income Tax Act Amendment Act, and the provisions of Article 2, paragraph (4) of the Supplementary Provisions apply mutatis mutandis to the period specified by Cabinet Order prescribed in Article 23, paragraph (3) of the Supplementary Provisions of the Income Tax Act Amendment Act, respectively.

①The provisions of Article 335, paragraph (1) (Scope of Interest and Similar Income Not Subject to the Notice Requirement and of Public Corporations, etc.), Article 336, paragraphs (1), (2) and (5) (Notice by Persons Receiving Interest, Dividends, etc. on Deposits and Savings, Shares, etc.) and Article 337, paragraph (3) (Presentation of a Copy of the Certificate of Residence and Other Documents Pertaining to Notice) of the New Order apply to the interest and similar income or dividends and similar income prescribed in Article 224, paragraph (1) (Notice by Recipients of Interest, Dividends, and Similar Income) of the New Act the payment of which is finalized on or after the Effective Date, and for the interest and similar income or dividends and similar income prescribed in Article 224, paragraph (1) (Notice by Recipients of Interest, Dividends, and Similar Income) of the Former Act the payment of which was finalized before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 339, paragraphs (7) and (8) (Submission, etc. of Paper-Based Notices, etc. Pertaining to Interest and Similar Income from Bearer Public and Corporate Bonds) of the New Order apply to the interest and similar income prescribed in paragraph (1) of that Article from the bearer public and corporate bonds, etc. prescribed in that paragraph that is received on or after the Effective Date, and for the interest and similar income prescribed in Article 339, paragraph (1) (Submission, etc. of Paper-Based Notices, etc. Pertaining to Interest and Similar Income from Bearer Public and Corporate Bonds) of the Former Order from the bearer public and corporate bonds, etc. prescribed in that paragraph that was received before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 341, paragraph (1), items (i) and (iii) and paragraph (2) (Benefits Similar to Life Insurance Proceeds) of the New Order apply to the insurance proceeds, mutual aid benefits and cancellation refunds or maturity refunds, etc. prescribed in those provisions that are payable on or after the Effective Date, and for the insurance proceeds, mutual aid benefits and cancellation refunds or maturity refunds, etc. prescribed in Article 341, paragraph (1), items (i) and (iii) and paragraph (2) (Benefits Similar to Life Insurance Proceeds) of the Former Order that are payable before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 2, paragraph (4) of the Supplementary Provisions (Transitional Measures Concerning Taxation of Income Tax on Compensation for Periodic Deposits or Similar Amounts Received by Domestic Corporations) apply mutatis mutandis to the period specified by Cabinet Order prescribed in Article 24, paragraph (2) (Transitional Measures Concerning Submission of Payment Reports, etc.) of the Supplementary Provisions of the Income Tax Act Amendment Act.

③The amount calculated as specified by Cabinet Order prescribed in Article 24, paragraph (2) of the Supplementary Provisions of the Income Tax Act Amendment Act is to be the amount calculated by dividing the amount obtained by multiplying the amount of the compensation for periodic deposits or similar amounts prescribed in paragraph (1) of that Article that corresponds to the calculation period prescribed in Article 2, paragraph (5) of the Supplementary Provisions that includes April 1, 1988, by the number of days in the period from that date to the last day of that calculation period, by the number of days in that calculation period.