183Authorisations under section 88

183 Authorisations under section 88

(1) An authorisation granted under section 88 (other than former subsection 88(5) or (6A)) that was in force immediately before the commencement time continues in force (and may be dealt with) at and after the commencement time as if:

(a) it were granted under that section as amended by Schedule 9 to the amending Act; and

(b) it specified the following provision or provisions of Part IV:

(i) if the authorisation was granted under former subsection 88(1A)—sections 45AF, 45AG, 45AJ and 45AK;

(ii) if the authorisation was granted under former subsection 88(1)—section 45;

(iii) if the authorisation was granted under former subsection 88(7)—sections 45D, 45DA and 45DB;

(iv) if the authorisation was granted under former subsection 88(7A)—sections 45E and 45EA;

(v) if the authorisation was granted under former subsection 88(8)—section 47;

(vi) if the authorisation was granted under former subsection 88(8A)—section 48;

(vii) if the authorisation was granted under former subsection 88(8B)—section 49;

(viii) if the authorisation was granted under former subsection 88(9)—section 50A.

(2) If:

(a) a valid application for an authorisation under section 88 (other than former subsection 88(5) or (6A)) is made before the commencement time; and

(b) before the commencement time, the Commission has not made a determination in respect of the application under subsection 90(1);

at and after the commencement time, the application is taken to be (and may be dealt with as) an application made under section 88 of the amended Act.

(3) An authorisation granted before the commencement time under section 88 (other than former subsection 88(5) or (6A)) which had not come into force before the commencement time is, after the authorisation comes into force, taken to be (and may be dealt with as) an authorisation:

(a) granted under that section as amended by Schedule 9 to the amending Act; and

(b) that specifies the following provision or provisions of Part IV:

(i) if the authorisation was granted under former subsection 88(1A)—sections 45AF, 45AG, 45AJ and 45AK;

(ii) if the authorisation was granted under former subsection 88(1)—section 45;

(iii) if the authorisation was granted under former subsection 88(7)—sections 45D, 45DA and 45DB;

(iv) if the authorisation was granted under former subsection 88(7A)—sections 45E and 45EA;

(v) if the authorisation was granted under former subsection 88(8)—section 47;

(vi) if the authorisation was granted under former subsection 88(8A)—section 48;