Saving and transitional provisions
27.  Notwithstanding the revocation of the Arms and Explosives (Arms) Rules (R 1, 1990 Ed.), any licence issued under the revoked Rules in force immediately before 14th July 2006 shall, unless revoked, suspended or cancelled, and in so far as it is not inconsistent with these Rules —
(a)continue and be deemed to be a licence under these Rules;
(b)be subject to the terms and conditions specified in the licence; and
(c)expire on, and be renewable before, the date it would have expired if these Rules had not been enacted.