The Local Transport Act 2008 (Commencement No. 1 and Transitional Provisions) Order 2009

5.—(1) Notwithstanding the coming into force of section 71 of the Act, any application which is made before 9th February 2009 and which seeks the consent of the Secretary of State under any of the provisions of the TA 1985 listed in sub-paragraph (2), but which has not been determined by that date, is to be dealt with as if that application had been made on a date on or after 9th February 2009.

(2) The provisions are—

(a) section 75(3) (subscription for, or acquisition or disposal of, certain shares, securities or other property or assets etc);

(b) section 79(3) (making or guaranteeing of certain loans);

(c) section 79(7) (guarantees etc in connection with disposals of certain shares, securities or other property or assets etc); and

(d) section 79(8) (provision of financial assistance by way of grants, loans, etc).