if the land directly used by the extinguished institution is transferred after the present value of the land is decided upon examination in accordance with the land tax act the registration for transfer of the title to the land shall be effected and the payable land value increment tax may be deferred and paid by the surviving institution or newly incorporated institution until the land is transferred again

被消灭的事业单位直接使用的土地，在依照土地税法核定土地现值后转让的，应当办理土地所有权转让登记，并可由存续事业单位或者新设事业单位延期缴纳土地增值税，直至再次转让为止

以上为机器翻译结果，长、整句建议使用 人工翻译 。