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Recent research has demonstrated the transfer of induced mood functions through equivalence relations by means of a musical mood-induction procedure. The research described in this article replicated and extended such work, primarily with the inclusion of a baseline and two types of reversal procedures. First, 16 adult participants were trained and tested for the formation of two three-member equivalence classes (A1-B1-C1 and A2-B2-C2). A musical mood-induction procedure was used to induce happy and sad mood states in the presence of the B stimuli, and a transfer of mood functions test was administered to determine whether the corresponding mood functions had transferred via equivalence to the C stimuli. Participants were then exposed to either Reversal 1, in which only the functions attached to the B stimuli were reversed, or to Reversal 2, in which the structure of the equivalence classes was altered. At all stages throughout the experiment, participants were asked to rate their current mood state by using mood and incentive rating scales. The findings of the current study replicated the results of previous research in demonstrating a clear transfer of mood functions via equivalence relations. This outcome is compared with the existing literature about mood induction and the transfer of mood functions.