1557Current conditions for old Act registrants—undertakings under the old Act

1557  Current conditions for old Act registrants—undertakings under the old Act Undertakings under the old Act  (a) an old Act registrant was required to give an undertaking under paragraph 1292(9)(b) or (c) of the old Act; and  (b) that requirement is still in force immediately before the commencement day; it is a condition of the old Act registrant’s registration under the Insolvency Practice Schedule (Corporations) that he or she gives and complies with the undertaking.  (2) A condition imposed under subsection (1) is a current condition imposed on the old Act registrant. Varying etc. conditions of registration  (3) Subdivision C of Division 20 of the Insolvency Practice Schedule (Corporations) applies to a condition imposed under subsection (1) in the same way as it applies to a condition imposed by a committee under the Insolvency Practice Schedule (Corporations).