②With regard to the reserve for large-scale renovation of Shinkansen railways referred to in Article 68-48, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to the approved reserve plan prescribed in that paragraph pertaining to the designation of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation that received the designation under Article 15, paragraph (1) of the Nationwide Shinkansen Railways Construction and Improvement Act before the Effective Date (including the reserve for large-scale renovation of Shinkansen railways referred to in Article 56, paragraph (1) of the Former Act on Special Measures Concerning Taxation set aside in a business year that does not fall under a consolidated business year), the provisions of Article 68-48 of the Former Act on Special Measures Concerning Taxation remain in force. In this case, the phrases listed in the middle column of the following table in the provisions of that Article listed in the left-hand column of that table are deemed to be replaced with the phrases listed in the right-hand column of that table.