59(1)Chapter 2 of Part 5 and any related repeals shall, subject to sub-paragraph (2), not apply in relation to—
(a)a transfer of a newspaper or of newspaper assets (within the meaning given by section 57(2) of the Fair Trading Act 1973 (c. 41)) which has been made before the coming into force of section 373 of this Act; or
(b)a proposed transfer of a newspaper or of newspaper assets in relation to which an application for the consent of the Secretary of State under section 58 of the Act of 1973 has been made before the coming into force of section 373 of this Act.
(2)Chapter 2 of Part 5 and any related repeals shall apply in relation to a proposed transfer of a newspaper or of newspaper assets if—
(a)an application for the consent of the Secretary of State under section 58 of the Act of 1973 has been made;
(b)the application is expressed to depend on the operation of subsection (3) or (4) of that section;
(c)no consent is given by the Secretary of State under subsection (3) or (4) of that section; and
(d)no further application has been made for the consent of the Secretary of State under that section before the coming into force of section 373 of this Act.