16.—(1) The fund for the old provisions immediately before the commencement date shall continue to be the fund for those provisions and shall be the fund for the 2002 Regulations.
(2) Without prejudice to paragraph (1), any liabilities under the old provisions, as they continue to apply by virtue of these Regulations, shall continue to be payable by the Committee from the fund as respects those liabilities immediately before that date.
(3) Where immediately before that date any body is or may become liable to make payments to the Committee or to the fund in respect of any liability arising under the old provisions in respect of any person, liabilities in respect of whom continue to arise on or after that date under those provisions, that body shall continue to be the body which is or may become so liable.
17.—(1) Nothing in these Regulations affects the liability of any body to make payments under regulation L6 of the 2000 Regulations in respect of any member who continues as an active member on the commencement date by virtue of regulation 3(1).
(2) But if the member (or his personal representative) informs the Committee under regulation 12(2) (as applied by regulation 13(1)) that he does not wish a right which ceases to have effect under regulation 10(1)(a) to be treated as mentioned in regulation 12(1), regulation L6 of the 2000 Regulations shall cease to apply in relation to that member’s payments so far as they become due on or after the commencement date.
(3) Where, in a case in which payments continue to be made under regulation L6(1) of the 2000 Regulations by virtue of paragraph (1), following an election under regulation 14(1) a member makes a capital payment in full satisfaction of his liabilities in respect of any period, any liabilities which any body has in respect of him under that regulation are not affected.