Transitional—directions power to reduce systemic risk
(1) The amendments made by Division 1 of Part 9 of the amending Schedule do not apply in relation to a direction given under section 823E before the commencement time. (2) The amendment of subparagraph 1101B(1)(a)(iii) made by Division 1 of Part 9 of the amending Schedule does not apply in relation to: (a) an application made by ASIC under subsection 1101B(1) before the commencement time; or (b) an order made by the Court before the commencement time.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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