(1)Regulations may make such provision amending, repealing, revoking or applying with modifications any enactment to which this section applies as the Treasury consider necessary or expedient in consequence of any provision made by or under this Act.
(2)This section applies to—
(a)any enactment passed or made before the passing of this Act, and
(b)any enactment passed or made on or before the last day of the Session in which this Act is passed.