Supplementary Provisions, Article 2Transitional Measures Accompanying the Partial Amendment of the Order for Enforcement of the Income Tax Act

①The provisions of Article 185, paragraph (1) of the Order for Enforcement of the Income Tax Act as amended by the provisions of Article 1 (referred to as the "New Order for Enforcement of the Income Tax Act" in the following paragraph) apply to a transfer of assets prescribed in that paragraph made by an individual on or after the date of enforcement of this Cabinet Order (hereinafter referred to as the "Effective Date"), and the provisions then in force continue to govern a transfer of assets prescribed in Article 185, paragraph (1) of the Order for Enforcement of the Income Tax Act prior to amendment by the provisions of Article 1 that was made by an individual before the Effective Date.

②The provisions of Article 345, paragraph (2) of the New Order for Enforcement of the Income Tax Act apply to a specified stock Investment Trust prescribed in Article 224-3, paragraph (2), item (v) of the Income Tax Act that is established on or after the Effective Date, and the provisions then in force continue to govern a specified stock Investment Trust prescribed in that item that was established before the Effective Date.