Reg. § 1.148-11A Effective dates.
(a) through (c) (3) [Reserved]. For guidance see .
(c) (4) Retroactive application of overpayment recovery provisions. An issuer may apply the provisions of to any issue that is subject to section or to sections or of the Internal Revenue Code of 1954.
(d) through (h) [Reserved]. For guidance see .
(i) Transition rules for certain amendments
(1) In general , , , , , .148-5, 1.148-6, 1.148-7, 1.148-8, 1.148-9, 1.148-10, 1.148-11, 1.149(d)-1, and 1.150-1 as in effect on June 7, 1994 (see 26 CFR part 1 as revised April 1, 1997), and through , , and apply, in whole, but not in part—
(i) To bonds sold after June 6, 1994, and before July 8, 1997;
(ii) To bonds issued before July 1, 1993, that are outstanding on June 7, 1994, if the first time the issuer applies through as in effect on June 7, 1994 (see 26 CFR part 1 as revised April 1, 1997), to the bonds under or is after June 6, 1994, and before July 8, 1997;
(iii) At the option of the issuer, to bonds to which through , as in effect on July 1, 1993 (see 26 CFR part 1 as revised April 1, 1994), apply, if the bonds are outstanding on June 7, 1994, and the issuer applies , , , , , , , , , , , , , and as in effect on June 7, 1994 (see 26 CFR part 1 as revised April 1, 1997), and through , , and to the bonds before July 8, 1997.
(2) Special rule For purposes of of this section, any reference to a particular , , , , , , , , , , or shall be applied as a reference to the corresponding , , , , , , , , , , or , respectively.
(3) Identification of certain hedges For any hedge entered into after June 18, 1993, and on or before June 6, 1994, that would be a qualified hedge within the meaning of , as in effect on June 7, 1994 (see 26 CFR part 1 as revised April 1, 1997), except that the hedge does not meet the requirements of because the issuer failed to identify the hedge not later than 3 days after which the issuer and the provider entered into the contract, the requirements of are treated as met if the contract is identified by the actual issuer on its books and records maintained for the hedged bonds not later than July 8, 1997.
[T.D. 8538, 59 FR 24046, May 10, 1994. Redesignated and amended by T.D. 8718, 62 FR 25507, 25513, May 9, 1997]