(1) Where any dealer, casual trader or person, has filed an application under sub-rule (1) of rule 258 on or after the 1st day of July, 2006, such application together with the documents, if any, shall within the 31st day of January, 2007 or such further time as may be allowed by the Commissioner, be transferred by the Appellate and Revisional Board to the Commissioner.

(2) If any application for stay of operation of an order relating to net tax, interest or penalty has been presented before the Appellate and Revisional Board together with the application referred to in sub-rule (1), and if such Board by an order in writing, has granted the stay, either in full or in part, such stay shall continue even after the transfer of the application to the Commissioner, subject to the terms and conditions, if any, set by the Appellate and Revisional Board or till it is vacated by the Commissioner.