private activity bond

(1)Only for purposes of this section, the term “private activity bond” shall not include any exempt facility bond described in section 142(a)(6) which is issued as part of an issue if all of the property to be financed by the net proceeds of such issue is to be owned by a governmental unit.


26 USC § 146(h)(1)

Scoping language

for purposes of this section
Is this correct? or