(1) As from 1st October 2000 any reference to, or to the undertaking of, North Surrey in any local statutory provision and in any charges scheme made by, North Surrey under section 143 of the Water Industry Act 1991 shall have effect, subject to paragraph (2), as a reference to, or to the undertaking of, Three Valleys.
(2) Paragraph (1) shall only apply to any local statutory provision or charges scheme in relation to the area, things or persons in relation to which or to whom that provision or scheme has effect before 1st October 2000.