Supplementary Provisions, Article 5Transitional Measures Concerning the Scope, etc. of Casualty Losses Eligible for Deduction of Casualty Losses

The provisions of Article 206, paragraph (3) of the New Order apply to a loss incurred on or after the Effective Date on assets prescribed in Article 72, paragraph (1) of the Income Tax Act, and the provisions then in force continue to govern a loss incurred on those assets before the Effective Date.