Document ID: chunk:federal_register_of_legislation:C2012C00862:clause:4_37
Version: federal_register_of_legislation:C2012C00862
Segment Type: clause
Provision Reference: sch 4 cl 37
Character Range: 149020–149923

37  Saving—exemptions under subsection 16(1) of the Financial Sector (Collection of Data) Act 2001
(1) If:
 (a) APRA exempted a financial sector entity under subsection 16(1) of the Financial Sector (Collection of Data) Act 2001 before the commencement of this item; and
 (b) the exemption was in force immediately before the commencement;
the exemption has effect, after that commencement, as if the exemption had been made under subsection 16(1) of that Act as inserted by this Schedule.
(2) If:
 (a) APRA exempted a class or kind of financial sector entities under subsection 16(1) of the Financial Sector (Collection of Data) Act 2001 before the commencement of this item; and
 (b) the exemption was in force immediately before the commencement;
the exemption has effect, after that commencement, as if the exemption had been made under subsection 16(1B) of that Act as inserted by this Schedule.