(1) Subject to paragraph (2), the Regulations of 2008 are revoked.

(2) The Regulations of 2008 shall continue to have effect in relation to an Irish merging company that has delivered the common draft terms and notice referred to in Regulation 8(1) of the Regulations of 2008 to the Registrar in accordance with that Regulation before the day on which these Regulations come into operation, notwithstanding the revocation of the Regulations of 2008 under paragraph (1).

(3) In this Regulation, "Regulations of 2008" means the European Communities (Cross-Border Mergers) Regulations 2008 (S.I. No. 157 of 2008).