Document ID: chunk:federal_register_of_legislation:C2021C00347:clause:2_334
Version: federal_register_of_legislation:C2021C00347
Segment Type: clause
Provision Reference: sch 2 cl 334
Character Range: 106685–107355

334  Transitional rules
 (1) ASIC may, by legislative instrument, make rules prescribing matters of a transitional nature (including prescribing any saving or application provisions) relating to the amendments of this Act made by Division 1 of Part 1 of Schedule 2 to the Territories Legislation Amendment Act 2020.
 (2) To avoid doubt, the rules may not do the following:
 (a) create an offence or civil penalty;
 (b) provide powers of:
 (i) arrest or detention; or
 (ii) entry, search or seizure;
 (c) impose a tax;
 (d) set an amount to be appropriated from the Consolidated Revenue Fund under an appropriation in this Act;
 (e) directly amend the text of this Act.