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125.—(1) These Rules apply to PPP administration proceedings which—
(a)commenced on or after the date on which these Rules come into force; or
(b)commenced before that date but which are still in progress on that date, insofar as anything falling to be done under these Rules can be done under them on or after that date.
(2) Except as provided for in these Rules, nothing contained in the Insolvency Rules shall apply to such proceedings.
(3) Where, in relation to PPP administration proceedings to which paragraph (1)(b) applies, an act has been performed before the date on which these Rules come into force which, had it been performed on or after that date, would satisfy a requirement of these Rules, that act may be taken to satisfy that requirement.
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