Document ID: chunk:federal_register_of_legislation:C2008C00236:clause:2_7
Version: federal_register_of_legislation:C2008C00236
Segment Type: clause
Provision Reference: sch 2 cl 7
Character Range: 10007–10606

7  Transitional—application of item 6

(1) The amendments made by item 6 do not apply to an entity specified in the regulations, or to an entity included in a class of entities specified in the regulations, for the period (not exceeding 2 years), specified in the regulations in relation to that entity or class of entities.

(2) Subsection 985D(1) of the Corporations Act 2001 applies in relation to that entity during that period as if the entity were a general insurer within the meaning of the Insurance Act 1973.

(3) The Governor‑General may make regulations for the purposes of subitem (1).