§ 301.6231(c)-3(a) In general. A provision of §§ 301.6231(c)-4 through 301.6231(c)-8 shall not apply with respect to partnership items arising in a partnership taxable year if, as of the date on which those items would otherwise begin to be treated as nonpartnership items under that provision—
§ 301.6231(c)-3(a)(1) A notice of final partnership administrative adjustment with respect to those items has been mailed to the tax matters partner; and
§ 301.6231(c)-3(a)(2) Either—
§ 301.6231(c)-3(a)(2)(i) The period during which an action with respect to that final partnership administrative adjustment may be brought under section 6226 has expired and no such action has been brought; or
§ 301.6231(c)-3(a)(2)(ii) The decision of the court in an action brought under section 6226 with respect to that final partnership administrative adjustment has become final.
§ 301.6231(c)-3(b) Effective date. This section is applicable to partnership taxable years beginning on or after October 4, 2001. For years beginning prior to October 4, 2001, see § 301.6231(c)-3T contained in 26 CFR part 1, revised April 1, 2001.