Commonwealth Consolidated Acts Commonwealth Consolidated ActsWhere, immediately before the commencement of Part 12 of the Telecommunications Act 1991 there was in force a permit (in this section called the previous permit ) issued under section 118 of the Telecommunications Act 1989 or a permit (in this section also called the previous permit ) taken by section 126 of that Act to be issued under Division 4 of Part 5 of that Act:
(a) the previous permit is taken, on that commencement, to be a permit (in this section called the new permit ) issued under Division 6 of Part 12 of the Telecommunications Act 1991 , being a permit that includes the conditions (if any) to which the previous permit was subject immediately before that commencement; and
(b) the person who was, or was taken to be, the holder of the previous permit is taken, on that commencement, to be the holder of the new permit.