15.—(1) Section 70(1) to (5) of the 1969 Act (provisions as to money and postal orders) shall apply in respect of payment by the Post Office before 26th March 2001 of a money or postal order and in respect of payment before 26th March 2001 of a money or postal order outside the British Islands in accordance with arrangements made by the Post Office.
(2) The second reference in subsection (4) and the third reference in subsection (5) of section 70 of the 1969 Act to the Post Office shall be read as including a reference to the nominated company.
(3) Section 70(6) of the 1969 Act shall apply in respect of a refusal or delay by the Post Office in paying a money or postal order before 26th March 2001 and no proceedings shall lie against the nominated company in respect of such a refusal or delay.