(1) In general.
Except as provided in paragraph (g)(2) of this section, this section applies to bonds issued after June 30, 1993, to which sections 1.148-1 through 1.148-11 apply, including conduit loans that are treated as issued after June 30, 1993, under paragraph (b)(4) of this section. In addition, this section applies to any issue to which the election described in section 1.148-11(b)(1) is made.
(2) Special effective date for paragraph (b)(3).
Paragraph (b)(3) of this section applies to any advance refunding issue issued after May 28, 1991.
(3) Special effective date for paragraph (f)(3).
Paragraph (f)(3) of this section applies to bonds sold on or after July 8, 1997, and to any issue to which the election described in section 1.148-11(b)(1) is made. See section 1.148-11A(i) for rules relating to certain bonds sold before July 8, 1997.
[T.D. 8414, 57 FR 20971-21033, May 18, 1992; corrected by 57 FR 44974-44989, Sept. 30, 1992; revised by T.D. 8476, 58 FR 33510-33553, June 18, 1993, as corrected by 58 FR 44451-44454, Aug. 23, 1993; revised by T.D. 8538, 59 FR 24039-24046, May 10, 1994; T.D. 8718, 62 FR 25502-25514, May 9, 1997.]