If, before the date of the beginning of the business year of the amendment, a corporation has conducted derivative transactions, etc. prescribed in Article 61-6, paragraph (2) of the New Act in order to reduce the amount of a loss listed in the items of paragraph (1) of that Article (Deferment of Profit or Loss by Deferred Hedge Accounting) or the amount of a loss prescribed in Article 61-7, paragraph (1) (Recording of Profit or Loss by Market Value Hedge Accounting) of the New Act, and has not settled those derivative transactions, etc. by the day preceding that date, and on that date of beginning it holds assets or liabilities under paragraph (1), item (i) of that Article or securities not for buying and selling under Article 61-7, paragraph (1) of the New Act whose amount of loss it intends to reduce through those derivative transactions, etc. (hereinafter referred to as "hedged assets, etc." in this Article), or on or after that date it has a receipt or payment of an amount of monies under Article 61-6, paragraph (1), item (ii) of the New Act whose amount of loss it intends to reduce through those derivative transactions, etc. (hereinafter referred to as "hedged transactions" in this Article), then with regard to the application of the provisions of Articles 61-6 and 61-7 of the New Act to those derivative transactions, etc., hedged assets, etc. and hedged transactions, those derivative transactions, etc. are deemed to have been conducted on that date.