(1) After the commencement of the Act, if a political party wishing to participate in the election registers with the Commission in accordance with the provisions of the Act and these regulations, such political party shall be deemed to have received recognition for election purposes.
(2) If a political party registered with the Commission for election purposes before the commencement of the Act wishes to obtain recognition from the Commission to participate in the elections after the commencement of the Act, such political party shall be recognized for election purposes if it is registered with the Commission in the manner prescribed in the Act and these regulations. will be considered