The provisions of Article 42, paragraph (1) of the Income Tax Act as amended by Article 1 (hereinafter referred to as "the new Income Tax Act") apply to government subsidies or their equivalent prescribed in that paragraph that an individual receives on or after the date on which this Act comes into effect (hereinafter referred to as "the effective date"), and the provisions then in force continue to govern government subsidies or their equivalent prescribed in Article 42, paragraph (1) of the former Income Tax Act that an individual received before the effective date.