Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1706c
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1706C
Character Range: 6279055–6279739

1706C  Transitional—reports in relation to market licensees
 (1) This section applies if:
 (a) a report and recommendation was given to the Minister under paragraph 797C(3)(b) before the commencement time; and
 (b) the Minister did not take action under paragraph 797C(4)(a) or (b) in response to that report before the commencement time.
 (2) The Minister must give the report and recommendation to ASIC.
 (3) Subsection 797C(4) of this Act, as amended by the amending Part, applies in relation to the report and recommendation in the same way as that subsection applies in relation to a report given to ASIC under paragraph 797C(3)(b) of this Act, as amended by the amending Part.