(1) Anything which -

(a) has been done by or in relation to the body known as the Professional Oversight Board for the purposes of or in connection with the function referred to in article 18; and

(b) is in effect immediately before coming into force,

is to be treated as if done by or in relation to the designated body.

(2) Anything which -

(a) relates to the function referred to in article 18; and

(b) is in the process of being done by or in relation to the body known as the Professional Oversight Board immediately before coming into force,

may be continued by or in relation to the designated body.