Document ID: chunk:federal_register_of_legislation:C2022C00331:clause:3_5
Version: federal_register_of_legislation:C2022C00331
Segment Type: clause
Provision Reference: sch 3 cl 5
Character Range: 50870–51796

5  Transitional instruments continue to be subject to the same instrument interaction rules
(1) The same instrument interaction rules that applied in relation to WR Act instruments of a particular kind immediately before the WR Act repeal day continue to apply in relation to instruments of that kind that become transitional instruments.
(2) Instrument interaction rules are provisions of a law of the Commonwealth, as in force immediately before the WR Act repeal day, the effect of which is that:
 (a) one instrument has priority over, or excludes, another instrument:
 (i) either completely or to a particular extent; and
 (ii) either permanently or for a particular period; or
 (b) one instrument ceases to operate because of another instrument:
 (i) either completely or to a particular extent; and
 (ii) either permanently or for a particular period.
Note: Most of the instrument interaction rules were in the WR Act.