(1) The Treasury may by regulations make such transitional and consequential provisions and such savings as they consider necessary or expedient in preparation for, in connection with, or in consequence of -
(a) the coming into force of any provision of this Act; or
(b) the operation of any enactment repealed or amended by a provision of this Act during any period when the repeal or amendment is not wholly in force.
(2) Regulations under this section may make modifications of any enactment contained in this or in any other Act.