Document ID: chunk:federal_register_of_legislation:C2024A00120:clause:1_50
Version: federal_register_of_legislation:C2024A00120
Segment Type: clause
Provision Reference: sch 1 cl 50
Character Range: 13299–14047

50  Ministerial directions to EFIC
(1) A direction given by the Minister to EFIC under subsection 9(2) of the Export Finance and Insurance Corporation Act 1991 that was in force immediately before the commencement of this item continues in force (and may be dealt with) as if it had been given by the responsible Ministers under that subsection as amended by this Schedule.
(2) Sections 70 and 85 of the Export Finance and Insurance Corporation Act 1991, as in force immediately before the commencement of this item, continue to apply at and after that commencement in relation to a direction given by the Minister to EFIC under subsection 9(2) of that Act before that commencement (despite the amendments of those sections made by this Schedule).