Goddamnit. Forgot that Master codes are also abbreviated as (M).

Ok. NOW  issue 6367 : https://code.google.com/p/dolphin-emu/issues/detail?id=6367 is fixed.

I wish I'd remember these things before committing and not after.

Data/User/GameConfig/GF7P01.ini

@@ -5,9 +5,6 @@ EmulationStateId = 4
 EmulationIssues = EFB must be an integer (integral, 1x, 2x, 3x).
 [OnFrame] Add memory patches to be applied every frame here.
 [ActionReplay]
-$(M)
-06A0E452 98000000
-C4141B8C 0002FF00
 $Single Mode
 06A0E453 15008000
 $Unlock Missions