sec.246Ending of transitioned licences and certificates

### sec.246 Ending of transitioned licences and certificates A transitioned licence or transitioned certificate ends on the earlier of the following days— the day the licence or certificate would have ended if PAMDA had not been repealed; the day it is cancelled or surrendered under the relevant Act for the transitioned licence or transitioned certificate. However, a transitioned licence, that is an auctioneer licence or chattel auctioneer licence, for a registration certificate as a trainee auctioneer— expires on the earlier of the following days— the day that is 1 year after the commencement; the day it is cancelled or surrendered under the relevant Act for the licence; and can not be renewed. Subsection (2) applies despite any other provision of this part. (sec.246-ssec.1) A transitioned licence or transitioned certificate ends on the earlier of the following days— the day the licence or certificate would have ended if PAMDA had not been repealed; the day it is cancelled or surrendered under the relevant Act for the transitioned licence or transitioned certificate. (sec.246-ssec.2) However, a transitioned licence, that is an auctioneer licence or chattel auctioneer licence, for a registration certificate as a trainee auctioneer— expires on the earlier of the following days— the day that is 1 year after the commencement; the day it is cancelled or surrendered under the relevant Act for the licence; and can not be renewed. (sec.246-ssec.3) Subsection (2) applies despite any other provision of this part. - (a) the day the licence or certificate would have ended if PAMDA had not been repealed; - (b) the day it is cancelled or surrendered under the relevant Act for the transitioned licence or transitioned certificate. - (a) expires on the earlier of the following days— (i) the day that is 1 year after the commencement; (ii) the day it is cancelled or surrendered under the relevant Act for the licence; and - (i) the day that is 1 year after the commencement; - (ii) the day it is cancelled or surrendered under the relevant Act for the licence; and - (b) can not be renewed. - (i) the day that is 1 year after the commencement; - (ii) the day it is cancelled or surrendered under the relevant Act for the licence; and