(1) A delegation of functions or powers by the Minister in force under paragraph 1345A(1A)(b) of this Act immediately before the commencement of item 349 of Schedule 2 to the Corporations Amendment (Asia Region Funds Passport) Act 2018 continues in force on and after that commencement.
(2) Subsection (1) does not prevent an amendment or revocation of the delegation on or after commencement of item 349 of Schedule 2 to the Corporations Amendment (Asia Region Funds Passport) Act 2018 as if it were a delegation under that paragraph as amended by that item.