(1) The Safety, Rehabilitation and Compensation Act 1988 continues to apply, on and after the sale day of a CFM body, in relation to:
(a) injuries suffered by an employee of the body before its sale day; and
(b) loss of, or damage to, property incurred by the employee before the body's sale day;
if the employee was an employee of the body immediately before its sale day.
(2) For the purposes of subsection ( 1), the Safety, Rehabilitation and Compensation Act 1988 continues to apply as if:
(a) the CFM body continued to be a Commonwealth authority; and
(b) the Chief Executive Officer of the CFM body (however described) continued to be the Principal Officer of a Commonwealth authority.