SCHEDULES
SCHEDULE 3Transitional Provision and Savings
Statements to be provided in relation to regulated agreements
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Regulations made under section 78(4A) of the 1974 Act may apply in relation to agreements regardless of when they were made.
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(1)
Section 7(3) of this Act shall have effect in relation to agreements whenever made.
(2)
A dispensing notice given under section 185(2) of the 1974 Act which is operative immediately before the commencement of section 7(3)—
(a)
shall, on the commencement of section 7(3), be treated as having been given under section 185(2) as substituted by section 7(3); and
(b)
shall continue to be operative accordingly.