Paragraph 2 Licences with expiry dates prior to the appointed day
This paragraph applies to an existing licence if—
on the date that the licence was due to expire, proceedings were pending before the traffic commissioner on an application by the holder of the licence for the grant to him of a new licence in substitution for it; and
the licence was in force immediately before the appointed day by virtue of that application and section 15(3) or (4) or 50(2) of the 1981 Act.
Subject to paragraph (4) below, an existing licence to which this paragraph applies shall, unless previously revoked or otherwise terminated under any provision of the 1981 Act or any other statutory provision, terminate upon the requirements of sub-paragraph (3) below being met.
The requirements of this sub-paragraph are that—
the application, and
any appeal under section 50 of the 1981 Act arising out of the application,
are disposed of.
Section 15(4) of the 1981 Act as it was in force immediately before the appointed day shall, notwithstanding anything in the 1994 Act, continue to have effect in relation to an existing licence to which this paragraph applies.
Section 15(2) of the 1981 Act shall, on and after the appointed day, have effect subject to this paragraph.