2U.K.Nothing in the repeals made by this Act shall affect—
(a)the continued operation of paragraphs 1 and 2 of Schedule 2 to the M1Independent Broadcasting Authority Act 1974 with respect to contracts in force immediately before the commencement of that Act; or
(b)the continued operation of paragraph 1 of Schedule 6 to the M2Broadcasting Act 1980 with respect to contracts in force immediately before the commencement of the provisions of that Act to which that paragraph applies, except that, in the operation of that paragraph in relation to the commencement of any such provision by virtue of whose commencement this Act comes into force under section 66(4), references in that paragraph to the new statutory provisions shall be read as references to this Act (instead of as provided by sub-paragraph (2) of that paragraph).