(1) This regulation applies in relation to an applicant who, before 1 January 2018:
(a) has passed a course of study that has outcomes that are the same as, or similar to, those of a knowledge requirement mentioned in Schedule 5 to the old regulations; and
(b) has passed the course of study at a satisfactory level.
(2) Despite the amendments of Schedule 5 made by Schedule 1 to the Intellectual Property Legislation Amendment (Single Economic Market and Other Measures) Regulation 2016 , Schedule 5 to the old regulations continues to apply for the purpose of the Board making a decision to grant an exemption to the applicant under regulation 20.9.