Document ID: chunk:federal_register_of_legislation:C2004A04224:clause:1_48
Version: federal_register_of_legislation:C2004A04224
Segment Type: clause
Provision Reference: sch 1 cl 48
Character Range: 29300–29908

48  Transitional provision—existing Managing Director

 (1) The person who, immediately before the commencement of this Part, held office as the Managing Director of the Commission continues to hold that office.

 (2) Sections 51, 52, 56, 58 and 59 of the Principal Act as in force immediately before the commencement of this Part continue to apply in relation to the person.

 (3) Sections 51, 52, 56, 58 and 59 of the Principal Act as amended by this Act do not apply in relation to the person.

 (4) Subsections (2) and (3) cease to have effect when the office of Managing Director next becomes vacant.