Article 70-7Special Provisions on the Deemed Registration Period Where Notification of Cancellation of Registration Has Been Made

With regard to the application of Article 57-3, paragraph (3) of the Act to an heir who has succeeded by inheritance to the business of a qualified invoice issuer prescribed in Article 57-3, paragraph (1) of the Act (limited to a person who has submitted a written notification under Article 57-2, paragraph (10), item (i) of the Act), in Article 57-3, paragraph (3) of the Act, the phrase "the earlier of the day preceding the day on which that heir received the registration under paragraph (1) of the preceding Article and" is deemed to be replaced with "the earliest of the day preceding the day on which that heir received the registration under paragraph (1) of the preceding Article,"; the phrase "the day on which four months have elapsed from the day following the day on which the qualified invoice issuer concerned in that inheritance died" is deemed to be replaced with "the day on which four months have elapsed from the day following the day on which the qualified invoice issuer concerned in that inheritance died, and the day preceding the day on which the registration under paragraph (1) of that Article relating to that qualified invoice issuer ceases to be effective pursuant to paragraph (10) of that Article (limited to the part relating to item (i))"; and the phrase "item (i)" is deemed to be replaced with "that item".