1(1)Subject to sub-paragraph (2) below, this Schedule applies to a barrel if—U.K.
(a)it would immediately before the passing of this Act have been subject to the provisions of the Act of 1868 but for section 132 of that Act; and
(b)the mark, sign or character by virtue of which it was then exempt under that section from the provisions of that Act was not at the passing of this Act a convention proof mark.
(2)This Schedule shall cease to apply to any barrel if at any time after the passing of this Act the mark, sign or character by virtue of which it was immediately before the passing of this Act exempt under section 132 of the Act of 1868 from the provisions of that Act becomes a convention proof mark.