Commonwealth Consolidated Acts

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 268B

  (1)   For the avoidance of doubt, if:

  (a)   a proceeding was started in a court before the commencement; and

  (b)   the proceeding was a federal ASIC proceeding that related to matter to which a provision of the old ASIC legislation of the Commonwealth, a State in this jurisdiction or the Northern Territory applied; and

  (c)   a decision was made or an order given in the proceeding before the commencement;

the decision or order continues to have effect after the commencement despite the provision of the old ASIC legislation ceasing to have effect.

  (2)   This section does not limit the operation of section   268 in relation to the decision or order.