(1) The amendments made by items 2, 5 to 11, 14, 17 and 18 of the amending Schedule apply in relation to Australian market licences granted before, on or after the commencement of the amending Schedule.
(2) The amendments made by items 12 and 13 of the amending Schedule apply in relation to applications for an Australian market licence:
(a) that were made but had not yet been decided before the day on which the amending Schedule commences; and
(b) that are made on or after the commencement of the amending Schedule.