Regulation 32 Extended performance rights: existing consents, agreement, &c.
Any consent, or any term or condition of an agreement, relating to the exploitation of an existing protected performance which—
(a)
subsists immediately before commencement, and
(b)
is not to expire before the end of the period for which rights under Part II of the 1988 Act subsist in relation to that performance,
shall continue to subsist during the period of any extended performance rights, subject to any agreement to the contrary.