123Granting of price regulation exemptions

123 Granting of price regulation exemptions

123 Granting of price regulation exemptions

(1) This clause applies if, immediately before the commencement day, the Commonwealth Minister—

(a) is deciding whether to make a decision to grant a price regulation exemption under section 164 of the pre-amended Law; and

(b) has not granted the exemption.

(2) On the commencement day—

(a) the requirement to decide whether to make a decision to grant the exemption stops having effect; and

(b) the Commonwealth Minister must stop deciding whether to make a decision to grant the exemption.