63Chart of accounts and cost allocation manual to remain binding until record‑keeping rules made

#### 63 Chart of accounts and cost allocation manual to remain binding until record‑keeping rules made (1) This section applies to a person if: (a) the person was a carrier (within the meaning of the Telecommunications Act 1991 (the 1991 Act)) immediately before 1 July 1997; and (b) a chart of accounts or cost allocation manual was binding on the person under the 1991 Act immediately before 1 July 1997. (2) Despite the repeal of the 1991 Act by this Act, the COACAM provisions of the 1991 Act continue to apply, in relation to the person, during the interim period, as if: (a) the COACAM provisions had not been repealed; and (b) each reference in the COACAM provisions to AUSTEL were a reference to the ACCC; and (c) each reference in the COACAM provisions to a carrier (within the meaning of the 1991 Act) were a reference to a carrier (within the meaning of the Telecommunications Act 1997). (3) Anything done by AUSTEL in relation to the person under the COACAM provisions before the interim period, has effect, during the interim period, as if the thing had been done by the ACCC. (4) Part 1 of Schedule 1 to the Telecommunications Act 1997 has effect, in relation to the person, during the interim period, as if the COACAM provisions were sections of the Telecommunications Act 1997. (5) The powers conferred by subsection 80(2) and section 82 of the 1991 Act must not be exercised in relation to the person during the interim period. (6) In this section: > ACCC means the Australian Competition and Consumer Commission. > AUSTEL means the Australian Telecommunications Authority. > COACAM provisions means: (a) sections 80, 81, 82 and 83 of the 1991 Act; and (b) sections 85 and 87 of the 1991 Act, in so far as they relate to section 83 of the 1991 Act. > interim period means the period: (a) beginning on 1 July 1997; and (b) ending on the first occasion when rules are made by the ACCC under section 151BU of the Trade Practices Act 1974.