A former statement of tax-exempt savings that a person holding former Deposits and Savings on January 1, 1986 submitted before that date via the business office of the financial institution or other such place prescribed in Article 10, paragraph (1) of the former Income Tax Act that accepts those former Deposits and Savings (meaning a statement of tax-exempt savings prescribed in paragraph (3) of that Article that pertains to those former Deposits and Savings; the same applies hereinafter in this Article) is deemed, as of that date, to be a statement of tax-exempt savings prescribed in Article 10, paragraph (3) of the new Income Tax Act that has been submitted via the business office of the financial institution or other such place prescribed in paragraph (1) of that Article in accordance with the requirements of that Article.