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4.—(1) Regulations 5 to 11 of these Regulations have effect in relation to any person appointed on or after the commencement date to act as an insolvency practitioner in relation to any person.
(2) Without prejudice to regulation 2(3) of the 1990 Regulations, the 1990 Regulations shall continue to apply and have effect without the amendments provided for in regulations 5 to 11 of these Regulations in relation to any person appointed to act as insolvency practitioner in relation to any person before the commencement date insofar as he continues so to act in relation to that person on or after the commencement date pursuant to that appointment or (notwithstanding paragraph (1) above) to a subsequent appointment to act as an insolvency practitioner within the scope of regulation 13 of the 1990 Regulations made on or after the commencement date.
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