(a) a product to which section 117 of the Act applies is supplied by a person to another person before the commencing day; and
(b) the supply would not have infringed a patent under the 1952 Act before the commencing day; and
(c) the first-mentioned person supplies the product to another person after the commencing day;
section 117 of the Act does not apply to the supply referred to in paragraph (c).
(2) In subregulation (1), a reference to the first-mentioned person includes:
(a) on the death of the person--the legal personal representative of the estate of the person who has died; or
(b) if the person becomes bankrupt--the person who becomes, under the Bankruptcy Act 1966 , the trustee in bankruptcy of the estate of the first-mentioned person; or
(c) if a body corporate is being wound up--the person appointed to be the liquidator of the body corporate; or
(d) if the person agrees to dispose of a business relating to the supply of the product--a person who acquires that business, whether from the first-mentioned person or from some other person.