I hereby promulgate the Law concerning the Special Instances of Taxation in case an Agricultural Cooperative Association or a Federation of Agricultural Cooperative Association receives the Transfer of Properties from a City, Town or Village Agricultural Association or a Metropolitan, Hokkaido or Prefectural Agricultural Association, or the National Agricultural Association.
御名御璽
Signed:HIROHITO, Seal of the Emperor
昭和二十三年六月二十八日
This twenty-eighth day of the sixth month of the twenty-third year of Showa (June 28, 1948)
The Law concerning the Special Instances of Taxation in case an Agricultural Cooperative Association or a Federation of Agricultural Cooperative Association receives the Transfer of properties from a City, Town or Village Agricultural Association or a Metropolitan, Hokkaido or Prefectural Agricultural Association, or the National Agricultural Association
Article 1. In case an Agricultural Cooperative Association or a Federation of Agricultural Cooperative Association receives a part of the properties or the transfer of the assets or accepts the obligations from a City, Town or Village Agricultural Association, a Metropolitan, Hokkaido or Prefectural Agricultural Association, or the National Agricultural Association in accordance with the provisions of Article 5, Article 6 or Article 7 of the Law concerning Liquidation of the Agricultural Organizations and others in consequence of the establishment of the Agricultural Cooperative Association Law (Law No.133 of 1947) no securities transfer tax shall be levied thereon.
前項に規定する財産の移轉に関しては、地方公共團体は、地方税を課することができない。
Local public entity shall not levy the local tax on the transfer of properties provided for in the preceding paragraph.
Article 2. In case an Agricultural Cooperative Association or a Federation of Agricultural Cooperative Associations receives rights concerning realty or vessel from a City, Town or Village Agricultural Association, a Metropolitan, Hokkaido or Prefectural Agricultural Association, or the National Agricultural Association in accordance with the provisions of Article 5, Article 6 or Article 7 of the Law concerning Liquidation of the Agricultural Organizations and others in consequence of the establishment of the Agricultural Cooperative Association Law (Law No.133 of 1947) the value of the realty or vessel to be registered on its Acquisition shall be the value in the book immediately before the transfer made by a City, Town or Village Agricultural Association a Metropolitan, Hokkaido or Prefectural Agricultural Association, or the National Agricultural Association.
附 則
Supplementary Provision:
この法律は、公布の日から、これを施行する。
The present Law shall come into force as from the day of its promulgation.