12(1)Any code, notice, direction, approval or other thing drawn up, given or done by or in relation to the IBA—U.K.
(a)in pursuance of a provision of the 1981 Act which has effect during the interim period in accordance with this Part of this Schedule, and
(b)in connection with any of the IBA’s television broadcasting services,
shall, if in force or effective immediately before the transfer date, have effect as from that date for the relevant purposes as if drawn up, given or done by or in relation to the Commission.
(2)Anything which immediately before that date was in the process of being done by or in relation to the IBA may, if it was being so done as mentioned in paragraphs (a) and (b) of sub-paragraph (1), be continued on or after that date by or in relation to the Commission.
(3)Sections 61 and 62 of the 1981 Act shall have effect during the interim period for the relevant purposes as if any reference to the IBA were a reference to the Commission.
(4)In this paragraph “the relevant purposes” means the purposes of the 1981 Act as it has effect during the interim period in accordance with this Part of this Schedule.