41Operation of Subdivision C of Division 1A of Part 3

#### 41 Operation of Subdivision C of Division 1A of Part 3 (1) Subdivision C of Division 1A of Part 3, as inserted by item 20 of the amending Schedule, applies in relation to conduct engaged in before, on or after the commencement time. (2) However, if, before the commencement time, the Secretary gave notice of the proposed transfer of an allocation under regulation 21B, the Secretary may transfer the allocation under regulation 21A as in force immediately before the commencement time. (3) If the Secretary transfers an allocation under regulation 21A (whether before or after the commencement time): (a) the Secretary may redirect incentive in relation to the allocation under either of the following: (i) regulation 21D as in force immediately before the commencement time; (ii) regulation 22BH as if the allocation had been transferred under Subdivision C of Division 1A of Part 3; and (b) regulation 21C as in force immediately before the commencement time applies in relation to the transfer; and (c) regulation 22BJ applies in relation to the transfer. (4) Subregulations (2) and (3) do not limit subregulation (1).