(1) The Appellate and Revisional Board shall send forthwith the applications for revision together with the documents, if any, in relation to such applications for revision to the fast track revisional authority for disposal of such applications in accordance with the provisions of section 87A.

(2) If any application for stay of operation of an order relating to tax, interest, penalty or late fee has been presented before the Appellate and Revisional Board together with the application for revision, which has not been heard in part or in full before the 1st day of September, 2011, and if the 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 for revision under section 87A, subject to the terms and conditions, if any, set out by such Board or till it is vacated by the first track revisional authority referred to in section 87A.