Paragraph 4 Time periods
Where any period of time specified in a provision of the former Regulations is current immediately before 24th October 1994, these Regulations have effect as if the corresponding provision of these Regulations had been in force when the period began to run; and (without prejudice to the foregoing) any period of time so specified and current is deemed for the purposes of these Regulations—
to run from the date or event from which it was running immediately before 24th October 1994, and
to expire whenever it would have expired if these Regulations had not been made;
and any rights, obligations, requirements, powers or duties dependent on the beginning, duration or end of such period as above-mentioned shall be under these Regulations as they were or would have been under the former Regulations.