For the purposes of section 48(1) of the Act, as in force immediately before the commencement of section 13 of the Transport Accident (Amendment) Act 2004 , periodic payments payable to a person are weekly payments until the person is over 75 years calculated in accordance with the formula—
where—
A is the amount determined in accordance with section 48(1) of the Act, as in force immediately before the commencement of section 13 of the Transport Accident (Amendment) Act 2004 ; and
B has the same meaning as in regulation 6.