(1) This article applies where, immediately before commencement -
(a) the listing of any Part IV securities was suspended pursuant to section 145(2) of the 1986 Act; or
(b) the listing of any non-Part IV securities was suspended in pursuance of rights of the Authority in relation to such securities.
(2) In paragraph (1) references to listing are references to admission to the official list maintained by the Authority immediately before the coming into force of section 74.
(3) At commencement, the securities are to be treated as if they were the subject of a listing which has been suspended pursuant to section 77(2).
(4) In paragraph (4), the reference to listing is to be construed in accordance with section 74(5).