11.—(1) The provisions of these regulations other than regulation 2 shall not apply to the issue of any advertisement before 1st August 1978.
(2) The provisions of these regulations shall not have effect in relation to labelled containers and packages of, or leaflets supplied, or intended to be supplied, with a medicinal product to which a product licence has been granted before the coming into operation of these regulations or, where such licence has been granted thereafter—
(a)in the case of a spermicidal contraceptive, until 30th September 1978;
(b)in the case of any other product, until 30th September 1979.
(3) Where a person, in the course of a business carried on by him, sells or supplies or has in his possession for sale or supply by way of wholesale dealing such a medicinal product as is mentioned in paragraph (2) above in such circumstances as to comply with all requirements as to labelling which applied to that product immediately before these regulations came into operation, but not with the requirements of these regulations, and the product is assembled in the same labelled container in which the product is to be sold by retail or supplied in circumstances corresponding to retail sale, for the purposes of the application of these regulations in relation to such sale or supply or possession during the period until and including 31st December 1979 the requirements of these regulations shall be regarded as having been complied with.
(4) Where a person, in the course of a business carried on by him, sells by retail, supplies in circumstances corresponding to retail sale, or has in his possession for the purpose of such sale or supply such a medicinal product as is mentioned in paragraph (2) above in such circumstances as to comply with all requirements as to labelling which applied to that product immediately before these regulations came into operation, but not with the requirements of these regulations, for the purposes of the application of these regulations in relation to such sale or supply or possession during the period until and including 31st December 1980 the requirements of these regulations shall be regarded as having been complied with.