Document ID: chunk:federal_register_of_legislation:C2022C00218:clause:1_139
Version: federal_register_of_legislation:C2022C00218
Segment Type: clause
Provision Reference: sch 1 cl 139
Character Range: 138174–139111

139  Transitional—registration of registered tax (financial) advisers who are relevant providers
(1) This item applies if:
 (a) a person is a relevant provider; and
 (b) immediately before 1 January 2022:
 (i) the person was a registered tax (financial) adviser under the old Act; and
 (ii) the person's registration (the old registration) as a registered tax (financial) adviser was due to expire at the end of a period (the old registration period) that ends on or after that day; and
 (c) item 140 of this Schedule does not apply to the person.
(2) Despite the amendments of the old Act made by Division 1 of this Part:
 (a) the old Act continues to apply in relation to the old registration on and after 1 January 2022 as if those amendments had not been made; and
 (b) the old registration continues in force on and after 1 January 2022 until the end of the old registration period, unless terminated before the end of that period.