If an individual prescribed in the preceding paragraph holds Deposits and Savings, Jointly Managed Trusts, or Securities prescribed in the preceding paragraph for which the individual made the placement on or before December 31, 1985 and which, as of that date, satisfy the requirements prescribed in Article 10 of the former Income Tax Act which is to remain in force pursuant to Article 4, paragraph (2) of the Supplementary Provisions of the 1980 Amendment Act prior to amendment by the provisions of Article 34 of the Supplementary Provisions (hereinafter referred to as "former Deposits and Savings" in this Article), the provisions of Article 10 of the new Income Tax Act apply to those former Deposits and Savings by deeming the individual to have made the placement on January 1, 1986 in accordance with the requirements of that Article.