(1) This article applies where -
(a) the applicant (within the meaning of article 4(1)(a)) has submitted to the Authority an application made under section 60 of the Act (applications for approval) pursuant to the amendments made to article 72B of the Regulated Activities Order by article 2 of this Order; and
(b) the application has not been finally decided before commencement.
(2) The person in respect of whom the application is made is to be treated as having on commencement the approval of the Authority for the purposes of section 59 of the Act (approval for particular arrangements) in relation to the functions to which the application relates.
(3) An approval which a person is to be treated as having is referred to in this Part as an "interim approval".
(4) Without prejudice to the exercise by the Authority of its powers under Part 5 of the Act, an interim approval lapses -
(a) when the application has been finally decided; or
(b) at the end of 31st December 2009,
whichever is the
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