This Act comes into effect on April 1, 2016; provided, however, that the provisions set forth in the following items come into effect on the dates specified in those items:

①The provisions of Article 12-4 of the Consumption Tax Act as amended by the provisions of Article 5 (limited to, in that Article, the provision amending Article 2, paragraph (4) of the Consumption Tax Act, the provision amending Article 9, paragraph (5) of that Act, the provision amending paragraph (7) of that Article, the provision adding one Article after Article 12-3 of that Act, the provision amending Article 15, paragraph (6) of that Act (limited to the part replacing "Article 12-3" with "Article 12-4"), the provision amending paragraph (7) of that Article, the provision amending paragraph (11) of that Article (excluding the part adding "through Article 57-3" after "Article 57"), the provision amending Article 37 of that Act, the provision amending Article 37-2 of that Act, the provision amending Article 57, paragraph (1) of that Act, the provision amending Appended Table 1, item (iv), (a) of that Act (limited to the part replacing "(Appended Table 2" with "(that table"), and the provision amending item (xii) of that table (excluding the part replacing "Appended Table 2" with "Appended Table 2-2")) (referred to as the "2016 New Consumption Tax Act" through Article 40 of the Supplementary Provisions) apply to a business operator prescribed in Article 12-4, paragraph (1) of the 2016 New Consumption Tax Act that comes to fall under the case where, on or after the Effective Date, it has made a purchase, etc. of a high-value specified asset (meaning a purchase, etc. of a high-value specified asset prescribed in that paragraph) (for a self-constructed high-value specified asset prescribed in that paragraph, the case where the construction, etc. prescribed in that paragraph of that self-constructed high-value specified asset is completed on or after the Effective Date; the same applies in the following paragraph). In this case, where the day specified in paragraph (1), item (ii) of that Article is before the Effective Date, for the application of the provisions of that paragraph, the Effective Date is deemed to be the day of the purchase, etc. of a high-value specified asset prescribed in that paragraph.

②Notwithstanding the provisions of the preceding paragraph, the provisions of Article 12-4, paragraph (1) of the 2016 New Consumption Tax Act do not apply where the business operator referred to in the preceding paragraph makes a purchase, etc. of a high-value specified asset on or after the Effective Date pursuant to a contract concluded on or before December 31, 2015.

③For the application of Article 57, paragraph (1) of the 2016 New Consumption Tax Act during the period from the Effective Date to the day preceding the day specified in Article 1, item (ix) of the Supplementary Provisions (referred to as the "2023 Effective Date" through Article 53-2 of the Supplementary Provisions), in item (ii) of that paragraph, the phrase "場合並びに" (case, and) is deemed to be replaced with "場合及び" (case, and, joining a smaller group), the phrase "case and the case where registration under paragraph (1) of the following Article has been received" is deemed to be replaced with "case", and in item (ii)-2 of that paragraph, the phrase "case and the case where registration under paragraph (1) of the following Article has been received" is deemed to be replaced with "case".

The provisions of the proviso to Article 4, paragraph (4) of the Consumption Tax Act as amended by the provisions of Article 5 (limited to, in that Article, the provision amending Article 4 of the Consumption Tax Act and the provision amending Article 62 of that Act) apply to specified purchases (meaning specified purchases prescribed in Article 4, paragraph (1) of the Consumption Tax Act; the same applies hereinafter in this Article) made on or after January 1, 2017 by a business operator (meaning a business operator prescribed in Article 2, paragraph (1), item (iv) of the Consumption Tax Act; the same applies hereinafter through Article 53-2 of the Supplementary Provisions), and the provisions then in force continue to govern specified purchases made before that day.