Document ID: chunk:federal_register_of_legislation:C2008A00144:clause:7_15
Version: federal_register_of_legislation:C2008A00144
Segment Type: clause
Provision Reference: sch 7 cl 15
Character Range: 99406–100636

15  Transitional provision

(1) For the purposes of clauses 29 and 30 of Schedule 2 of the Medibank Private Sale Act 2006, if:
 (a) apart from this subitem, an unacceptable ownership situation would exist in relation to a Medibank Private company on the day on which the amendments of that Act made by this Schedule commence; and
 (b) that situation would exist only because of the amendments;
the situation is, during the period of 6 months starting on the day on which the amendments commence, taken not to exist for so long as it would otherwise have existed.

(2) If:
 (a) on the day on which the amendments of the Medibank Private Sale Act 2006 made by this Schedule commence, a person would, apart from this subitem, be required by regulations made for the purposes of clause 32 of Schedule 2 to that Act to do something in relation to an ownership matter; and
 (b) the person would not be required to do that thing if the amendments had not been made;
the person is, during the period of 6 months starting on the day on which the amendments commence, taken not to be required to do that thing for so long as the person would otherwise have been required to do that thing.

Members of Parliament (Life Gold Pass) Act 2002