62SEffect of order under previous Territory law corresponding with section 62Q

##### 62S Effect of order under previous Territory law corresponding with section 62Q (1) This section applies where, immediately before the commencement of section 52 of the Co‑operative Scheme Legislation Amendment Act 1989, a person was disqualified, either permanently or for a period, from holding a licence because of an order that was made under subsection 60(4) of this Act as in force before that commencement. (2) As from that commencement, the order has effect for the purposes of this Act as if it were: (a) in force under section 62Q; (b) an order disqualifying the person, permanently or for that period, as the case may be, from holding a dealers licence or an investment advisers licence; and (c) an order prohibiting the person, permanently or for that period, as the case may be, from doing an act as a representative of a dealer or of an investment adviser.