79.—(1) Section 727(1)(a) of the Companies Act 2006 (treasury shares: disposal) applies where the contract for the sale of the shares is entered into on or after 1st October 2009.
(2) Section 162D(1)(a) of the 1985 Act or Article 172D(1)(a) of the 1986 Order continues to apply where the contract for the sale of the shares was entered into before that date.