After IP completion day the provisions of these Regulations as they were in force immediately before IP completion day continue to apply to -

(a) transfer orders entered into a designated system and collateral security provided, prior to IP completion day;

(b) equivalent overseas orders entered, prior to IP completion day, into a system designated for the purposes of the Settlement Finality Directive in an EEA state or designated in Gibraltar; and

(c) equivalent overseas security provided prior to IP completion day.