(1) This section applies if, before the commencement day—
(a) an application was made to the credit tribunal for disciplinary action under a territory law; and
(b) the tribunal had not begun hearing the application for disciplinary action.
(2) The application is taken on and after the commencement day to be an application to the ACAT for an occupational discipline order under the territory law.
(3) An order made by the credit tribunal in relation to the application is taken on and after the commencement day to be an order of the ACAT.