114B. (1) A reference in a provision specified in subsection (2) to a high cost credit provider’s licence shall include a reference to a licence granted under section 93, as that section stood immediately before the coming into operation of the Act of 2022.

(2) The provisions referred to in subsection (1) are—

(a) subsections (9), (10)(e) and (h), (10A), (11), (12), (14), (16) and (17) of section 93,

(b) section 94,

(c) section 96,

(d) section 97,

(e) section 98,

(f) section 100,

(g) section 108,

(h) section 116,

(i) section 144, and

(j) section 151A.

(3) An application made under section 93, as that section stood immediately before the coming into operation of the Act of 2022, but not determined before such coming into operation, shall be deemed to be an application for a high cost credit provider’s licence under section 93.

(4) A licence granted under section 93, as that section stood immediately before the Act of 2022 came into operation, shall be valid for the period of 12 months commencing on the date specified in the licence and shall expire at the end of that period.

(5) In this section, "Act of 2022" means the Consumer Credit (Amendment) Act 2022.]