(1) This section applies if, before the commencement, the Regulator notified under former section 107(2)(b) the percentage difference in QOTE for a financial year compared to QOTE for the previous financial year.
(2) The notification of the percentage difference is, and is taken to have always been, as valid as it would have been if the percentage difference had been notified under new section 107(3).
(3) Anything done, or omitted to be done, under a notice under former section 107(2) is, and is taken to have always been, as valid as it would have been if the percentage difference in the notice had been notified under new section 107(3).