(1) The general scheme and effect of the commencement and transitional provisions for patent attorneys is as follows:
(a) on Royal assent,—
(i) the regulation-making powers in the Act and the provisions for making and approving the code of conduct for patent attorneys come into force; and
(ii) the provisions governing the establishment, operation, powers, and functions of the Board come into force; and
(b) between Royal assent and the commencement of Part 5, the Institute may develop the code of conduct for patent attorneys; and
(c) on the commencement of Part 5,—
(i) the approved code of conduct may also come into force; and
(ii) persons registered as patent attorneys under the Patents Act 1953 are treated as being registered under this Act; and
(iii) persons may apply for registration as patent attorneys under this Act, but applications for registration made before the commencement date must continue to be dealt with under the Patents Act 1953.
(2) This section is a guide only to the general scheme and effect of the commencement and transitional provisions for patent attorneys.