Document ID: chunk:federal_register_of_legislation:C2005C00499:clause:1_1416
Version: federal_register_of_legislation:C2005C00499
Segment Type: clause
Provision Reference: sch 1 cl 1416
Character Range: 85049–86329

1416  Section 1413 markets—powers for regulations to change how the old and new Corporations Act apply during the transition period

 (1) The regulations may do all or any of the following in relation to a market the operation of which is authorised by a licence granted under section 1413:
 (a) provide that some or all of the provisions (the relevant old legislation) that would otherwise continue to apply in relation to the market because of section 1415 do not apply in relation to the market;
 (b) provide that some or all of the relevant old legislation applies in relation to the market with specified modifications during some or all of the transition period for the market;
 (c) provide that some or all of the relevant new legislation (within the meaning of section 1414) in relation to the market applies in relation to the market during some or all of the transition period for the market;
 (d) provide that specified provisions of the amended Corporations Act (including relevant new legislation), and any associated provisions, apply in relation to the market during some or all of the transition period for the market with specified modifications.

 (2) Regulations made for the purposes of subsection (1) have effect despite anything in sections 1414 and 1415.