(1) A lottery licence issued under section 28 of the Act of 1956 that is in force immediately before the relevant date shall, on and after the relevant date, continue in force -

(a) unless previously revoked or suspended under section 46 of that Act, for the remainder of the period specified in the licence under section 28(6) of that Act, and

(b) subject to that Act.

(2) Where an application has been made to the District Court for a lottery licence under section 28 of the Act of 1956 but not determined before the relevant date the application shall, on or after that date, be determined in accordance with that Act and where the application is refused, that decision may be appealed in accordance with section 32 of that Act.

(3) Where the District Court issues a lottery licence pursuant to an application referred to in subsection (2) or where the Circuit Court decides to allow an appeal referred to in that subsection and a lottery licence is issued pursuant to that decision, the Act of 1956 shall apply to that licence accordingly.