(1) If:
(a) immediately before commencement, a person is a member of the AUASB; or
(b) a person is appointed as a member of the AUASB during the transition period;
this Act applies to the member, during the transition period, as if the amendments made by Schedule 2 to the amending Act had not been made.
(2) For the purposes of this section, transition period means the period:
(a) beginning on commencement; and
(b) ending when the Remuneration Tribunal makes a determination under subsection 236FA(1) as inserted by the amending Act.