20.— (1) Public bus passenger services being provided by Bus Éireann and Dublin Bus on the day of the commencement of this section, that are not subject to a contract under Part 3, Chapter 2 of the Act of 2008, may continue to operate until such time, not being longer than 2 years after that day, as the Authority grants a licence.

(2) The Authority shall grant a licence in respect of the public bus passenger services referred to in subsection (1), notwithstanding section 9, and such initial licences shall be of not more than one year in duration and may be subsequently renewed under section 16.

(3) All licences granted under the Act of 1932 which are in force on the day of the commencement of this section, shall continue in force to a date to be determined by the Authority, which shall not be more than 2 years after the day of the next anniversary of the date of the grant or renewal of the licence under the Act of 1932, and may be renewed under section 16.