38Application

#### 38 Application (1) Paragraph 21A(2)(k) and subregulation 21A(5), as inserted by items 8 and 10 of Schedule 1 to the National Rental Affordability Scheme Amendment (Investor Protection) Regulations 2018, apply: (a) in relation to a decision to transfer an allocation under regulation 21A made after the commencement of those provisions, including on a request made before that commencement; and (b) in relation to conduct engaged in before, on or after that commencement. (2) Paragraphs 21D(1)(a) and (2)(a), as inserted by item 11 of Schedule 1 to the National Rental Affordability Scheme Amendment (Investor Protection) Regulations 2018, apply in relation to transfers that occur in an NRAS year beginning on or after 1 May 2018, including transfers that occurred before the commencement of those paragraphs. (3) Regulation 22C, as inserted by item 14 of Schedule 1 to the National Rental Affordability Scheme Amendment (Investor Protection) Regulations 2018: (a) has effect from the commencement of that regulation; but (b) applies in relation to a contract entered into before, on or after that commencement. (4) Regulation 22D, as inserted by item 14 of Schedule 1 to the National Rental Affordability Scheme Amendment (Investor Protection) Regulations 2018 applies in relation to allocations transferred before, on or after the commencement of that regulation.