Supplementary Provisions

This Cabinet Order comes into effect on April 1, 2000; provided, however, that the provisions amending Article 217, paragraph (1), item (iii), (hh) come into effect on the date of enforcement of the Act Partially Amending the Act on Employment Security of Elderly Persons (Act No. 60 of 2000).

Except as otherwise provided, the provisions of the Order for Enforcement of the Income Tax Act as amended (hereinafter referred to as the "New Order") apply to income tax for 2000 and thereafter, and the provisions then in force continue to govern income tax for 1999 and earlier.

The provisions of Article 6, item (viii) (Scope of Depreciable Assets) of the New Order apply to assets listed in (i) of that item that an individual acquires on or after the date of enforcement of this Cabinet Order (hereinafter referred to as the "Effective Date"). In this case, where that asset is an asset listed in Article 126, paragraph (1), item (ii) (Acquisition Price of Depreciable Assets) of the New Order the production of which was commenced before the Effective Date, the amount obtained by deducting, from the amount specified in that item, the amount listed in (a) of that item that was expended before the Effective Date for the production of that asset is to be the acquisition price of that asset under the provisions of paragraph (1) of that Article.

①The provisions of Article 109, paragraph (1) (Acquisition Price of Securities) of the New Order apply to Securities prescribed in that paragraph that are acquired on or after the Effective Date, and the provisions then in force continue to govern Securities prescribed in Article 109, paragraph (1) (Acquisition Price of Securities) of the Order for Enforcement of the Income Tax Act prior to amendment (hereinafter referred to as the "Former Order") that were acquired before the Effective Date.

②The provisions of Article 111 (Acquisition Price of Shares Acquired by Capital Increase) of the New Order apply to cases where the acquisition referred to in that Article is made on or after the Effective Date, and the provisions then in force continue to govern cases where the acquisition referred to in Article 111 (Acquisition Price of Shares Acquired by Capital Increase) of the Former Order was made before the Effective Date.

③The provisions of Article 115, paragraphs (3) and (4) (Acquisition Price of Shares or Similar Interests in the Case of a Capital Reduction, etc.) of the New Order apply to cases where distributions of proceeds referred to in paragraph (3) of that Article are received, or where a partial cancellation referred to in paragraph (4) of that Article is effected, on or after the Effective Date.

The provisions of Article 144, paragraph (1), items (i) and (iii) (Transfer Limit to the Reserve Account for Bad Debts for Lendings and Other Claims) of the New Order apply to rehabilitation cases relating to petitions for commencement of rehabilitation proceedings filed on or after the Effective Date under the provisions of the Civil Rehabilitation Act (Act No. 225 of 1999), and the provisions then in force continue to govern composition cases relating to petitions for commencement of composition filed before the Effective Date under the provisions of the Composition Act (Act No. 72 of 1922) prior to its abolition under the provisions of Article 2 (Abolition of the Composition Act and the Special Composition Act) of the Supplementary Provisions of the Civil Rehabilitation Act.