Validation of acts done in anticipation of this Act and grace period for licensing
65.—(1) All acts and things done by any person in preparation for or in anticipation of this Act and any expenditure incurred in relation thereto shall be deemed to have been authorised under this Act if the acts and things done are not inconsistent with the general intention and purposes of this Act.
(2) Where a person would, but for this subsection, be liable to a penalty for not being licensed under Part III, he shall not be so liable —
(a)
until the expiration of a period of 6 months after 27th May 1992; or
(b)
where before the expiration of that period he applies to be licensed, until the licence is granted or refused.