sec.873What is the current term of a converted ATP

### sec.873 What is the current term of a converted ATP The current term of a converted ATP is the period that starts on the later of the following days and ends when it is first renewed after 31 December 2004— the day the relevant 1923 Act ATP was granted; the day that the last renewal of the relevant 1923 Act ATP before 31 December 2004 became effective. However, a relevant 1923 Act ATP granted between 1 January 1994 and 23 December 1996 ends on a day decided by the Minister. For subsection (1)(b), a renewal of the relevant 1923 Act ATP is taken to have become effective on the day immediately after the end of its last term before the renewal. s 873 ins 2004 No. 26 s 247 amd 2007 No. 46 s 241 sch (sec.873-ssec.1) The current term of a converted ATP is the period that starts on the later of the following days and ends when it is first renewed after 31 December 2004— the day the relevant 1923 Act ATP was granted; the day that the last renewal of the relevant 1923 Act ATP before 31 December 2004 became effective. (sec.873-ssec.2) However, a relevant 1923 Act ATP granted between 1 January 1994 and 23 December 1996 ends on a day decided by the Minister. (sec.873-ssec.3) For subsection (1)(b), a renewal of the relevant 1923 Act ATP is taken to have become effective on the day immediately after the end of its last term before the renewal. - (a) the day the relevant 1923 Act ATP was granted; - (b) the day that the last renewal of the relevant 1923 Act ATP before 31 December 2004 became effective.