Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) In this section:
"Enterprise Agreement" means the Australian Securities & Investments Commission Enterprise Agreement 2016 - 2019 approved under the Fair Work Act 2009 on 20 May 2016, as in force immediately before the commencement day.
(2) The Enterprise Agreement:
(a) continues, on and from the commencement day, to cover and apply to employees whom it covered and applied to immediately before the commencement day; and
(b) covers and applies to employees at the classification levels covered by the Enterprise Agreement whose employment with ASIC commences on or after the commencement day.
(3) On and after the commencement day, the Enterprise Agreement covers and applies to the Chairperson as the employing authority but on behalf of ASIC under section 120 .
(4) This section does not prevent the variation or termination of the Enterprise Agreement in accordance with law.
(5) This section does not affect the operation of section 58 of the Fair Work Act 2009 .