(1) Every licence granted under section 2 of the Dublin Amended Carriage Act, 1854, to keep, ply, use, or let for hire a vehicle which is a public service vehicle within the meaning of this Act shall, if it bears date as of a day prior to the commencement of this Part of this Act and is in force at such commencement, continue in force (unless previously revoked) until the 31st day of December next following such commencement and shall then expire, and shall during such continuance be deemed for all purposes to be a public service vehicle licence granted in respect of such vehicle under this Part of this Act.
(2) Every licence granted under section 52 of the Dublin Carriage Act, 1853, to act as driver of a hackney carriage, stage carriage or job carriage shall, if it bears date as of a day prior to the commencement of this Part of this Act and is in force at such commencement, be deemed until the 31st day of December next after such commencement to be a driver's licence granted und