SCHEDULES

SCHEDULE 12Transition

14Cautions against first registration

1

For the period of two years beginning with the day on which section 15 comes into force, it has effect with the following omissions—

a

in subsection (1), the words “Subject to subsection (3),”, and

b

subsection (3).

2

Any caution lodged by virtue of sub-paragraph (1) which is in force immediately before the end of the period mentioned in that sub-paragraph shall cease to have effect at the end of that period, except in relation to applications for registration made before the end of that period.

3

This paragraph does not apply to section 15 as applied by section 81.