Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1671B

    Sections   912DAA and 912DAB, as inserted by item   5 of the amending Schedule, apply:

  (a)   to the responsible entity of a registered scheme in relation to a breach of this Act that occurs before 1   October 2021, but in respect of which paragraph   601FC(1)(l) (as in force immediately before 1   October 2021) does not apply on or after 1   October 2021 (see subsection   1671A(1)); and

  (b)   to a financial services licensee in relation to a breach or likely breach of an obligation mentioned in paragraph   912D(1)(a) (as in force immediately before 1   October 2021) that occurs before 1   October 2021, but in respect of which subsections   912D(1) to (1D) (as in force immediately before 1   October 2021) do not apply on or after 1   October 2021 (see subsection   1671A(2)); and

  (c)   in relation to reportable situations arising on or after 1   October 2021.