Having just been briefed about this by my new employer it seems the new regulations, if I understand them correctly, means that some of us who are pushing the age ceiling (60) which I am, might be given a 'stay of execution' in that once we have the new residence permit, and our schools/employers want to offer us new contracts each year then we do not have to apply for the z visa year after year and get caught by the age 60 trap. The new residence permit as I understand it lasts for 5 years, so basically as long as my employer wants to employ me I can stay - is that correct?