COMPETITION POLICY REFORM (SAVINGS AND TRANSITIONAL) REGULATIONS (NO. 16 OF 1996) - REG 4 4. (1) If an authorisation granted under the Commonwealth Act is in force immediately before the commencement date, a corresponding authorisation is taken to have been also granted under the Competition Code.

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COMPETITION POLICY REFORM (SAVINGS AND TRANSITIONAL) REGULATIONS (NO. 16 OF 1996) - REG 4

4. (1) If an authorisation granted under the Commonwealth Act is in force immediately before the commencement date, a corresponding authorisation is taken to have been also granted under the Competition Code.

(2) Such a corresponding authorisation has the same effect for the purposes of the Competition Code as the first-mentioned authorisation has for the purposes of the Commonwealth Act, and may be amended, revoked or otherwise dealt with under the Competition Code.

(3) This clause does not apply in relation to an authorisation granted under the Commonwealth Act if an authorisation in the same or substantially the same terms has already been granted as referred to in section 44 of the Territory Act.

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