1.141-12 (g) Rules for deemed reissuance.

For purposes of determining whether bonds that are treated as reissued under paragraphs (e) and (f) of this section are qualified bonds --

(1) The provisions of the Code and regulations thereunder in effect as of the date of the deliberate action apply; and

(2) For purposes of paragraph (f) of this section, section 147(d) (relating to the acquisition of existing property) does not apply.