Document ID: chunk:federal_register_of_legislation:F2022C00986:reg:13:p2
Version: federal_register_of_legislation:F2022C00986
Segment Type: reg
Provision Reference: reg 13 (pt 2/2)
Character Range: 36050–37225

approved co‑regulatory arrangement (the later co‑regulatory arrangement) later that financial year;
the liable party is taken to be a member of the later co‑regulatory arrangement from the day after the liable party stopped being a member of the previous co‑regulatory arrangement.
Example 1: A liable party was a member of co‑regulatory arrangement ABC from 1 July 2021 until 31 August 2021. The liable party becomes a member of co‑regulatory arrangement XYZ on 1 December 2021 and remains a member until 30 June 2022.
 For the purposes of subsection (2), the liable party is taken to be a member of co‑regulatory arrangement XYZ between 1 September 2021 and 30 June 2022.
Example 2: A liable party became a member of co‑regulatory arrangement ABC on 1 July 2021 and stopped being a member on 31 August 2021. The liable party becomes a member of co‑regulatory arrangement XYZ on 1 August 2021 (i.e. before the liable party stopped being a member of co‑regulatory arrangement ABC) and remains a member until 30 June 2022.
 For the purposes of subsection (2), the liable party is taken to be a member of co‑regulatory arrangement XYZ between 1 September 2021 and 30 June 2022.