1175.4.3. For the purposes of section 1175.4.2, where, at any time, a life insurer has acquired from another life insurer all or substantially all of a recognized business, and the Minister of Finance previously authorized the acquisition for the purposes of this Part, the initial qualification certificate issued to the other life insurer, in respect of a major investment project relating to the recognized business, is deemed to have been issued, from that time, to the life insurer.