In this Part:
"amending Schedule" means Schedule 1 to the Financial Sector Reform (Hayne Royal Commission Response No. 2) Act 2021 .
"disclosure day" for an ongoing fee arrangement has the same meaning as it has in Part 7.7A, as in force immediately before the amending Schedule commences.
"renewal notice" has the same meaning as it has in Part 7.7A, as in force immediately before the amending Schedule commences.
"renewal notice" day has the same meaning as it has in Part 7.7A, as in force immediately before the amending Schedule commences.
"transition day" , for an ongoing fee arrangement, means the earlier of:
(a) the day when a fee disclosure statement is given for the arrangement in accordance with subsection 1673C(3); and
(b) the last day of the 12 month transition period.