“If—“(i) after September 30, 1982, and on or before the date of the enactment of this Act [Jan. 12, 1983], stock or securities were transferred to a small business corporation (as defined in section 1361(b) of the Internal Revenue Code of 1986 [formerly I.R.C. 1954] as amended by the Subchapter S Revision Act of 1982 [Pub. L. 97–354]) in a transaction to which section 351 of such Code applies, and
“(ii) such corporation is liquidated under section 333 of such Code before March 1, 1983,
then such stock or securities shall not be taken into account under section 333(e)(2) of such Code.”
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