Document ID: chunk:federal_register_of_legislation:C2007A00006:clause:1_12
Version: federal_register_of_legislation:C2007A00006
Segment Type: clause
Provision Reference: sch 1 cl 12
Character Range: 5051–5601

12  Saving provision

(1) Despite the amendments to section 71 of the Export Finance and Insurance Corporation Act 1991 made by item 11, the Managing Director of EFIC whose appointment is in force immediately before the commencement of this Schedule continues to hold office as if the amendments had not been made.

(2) Subitem (1) does not prevent the Board from terminating the appointment under paragraph 72(b) of that Act.

[Minister's second reading speech made in—
Senate on 16 August 2006
House of Representatives on 8 February 2007]
(107/06)