2.—(1) This paragraph applies where, before 20 November 2017, a person—
(a)entered into a recognizance either on his own behalf or as a surety for another, or
(b)in Scotland, entered into a bail bond on his own behalf or as cautioner for another,
in respect of a grant of bail under Schedule 2 to the 1971 Act, and is thereby liable, after 20 November 2017, to forfeit a sum of money in accordance with the terms of the recognizance or bail bond if a condition of that bail is breached.
(2) The recognizance or bail bond is to be treated for the purposes of Schedule 10 to the 2016 Act as if it were a “financial condition” as defined by paragraph 5(1) of that Schedule and as if it were imposed under paragraph 2 of that Schedule, notwithstanding the fact that it may not comply with the provisions of paragraph 5(3) of that Schedule.
(3) A grant of bail which is subject to such a recognizance or bail bond may not be the subject of a direction by the First-tier Tribunal under paragraph 6(3) of Schedule 10.