sec.481Carrying on other new regulated business

sec.481 Carrying on other new regulated business

This section applies if, immediately before the commencement— a person was carrying on an other new regulated business; and at the commencement, the person does not have a current positive notice or current negative notice. If the person is not a police officer or registered teacher, section 197 does not apply to the person carrying on the other new regulated business until— if the person applies for a prescribed notice before or during the transitional period and does not withdraw the application—the day a prescribed notice is issued to the person; or if the person applies for a prescribed notice before or during the transitional period and withdraws the application—the day of the withdrawal; or if the person does not apply for a prescribed notice before or during the transitional period—the transitional period ends. If the person is a police officer or registered teacher, section 259 does not apply to the person carrying on the other new regulated business until the transitional period ends. Section 323 does not apply to a person mentioned in subsection (1) until the first prescribed notice application or exemption notice application about the person is made after the commencement. In this section— transitional period means— if the person carrying on the other new regulated business is a government entity—the period starting at the commencement and ending 12 months after the commencement; or otherwise—the period starting at the commencement and ending 6 months after the commencement. s 481 ins 2010 No. 5 s 64 (sec.481-ssec.1) This section applies if, immediately before the commencement— a person was carrying on an other new regulated business; and at the commencement, the person does not have a current positive notice or current negative notice. (sec.481-ssec.2) If the person is not a police officer or registered teacher, section 197 does not apply to the person carrying on the other new regulated business until— if the person applies for a prescribed notice before or during the transitional period and does not withdraw the application—the day a prescribed notice is issued to the person; or if the person applies for a prescribed notice before or during the transitional period and withdraws the application—the day of the withdrawal; or if the person does not apply for a prescribed notice before or during the transitional period—the transitional period ends. (sec.481-ssec.3) If the person is a police officer or registered teacher, section 259 does not apply to the person carrying on the other new regulated business until the transitional period ends. (sec.481-ssec.4) Section 323 does not apply to a person mentioned in subsection (1) until the first prescribed notice application or exemption notice application about the person is made after the commencement. (sec.481-ssec.5) In this section— transitional period means— if the person carrying on the other new regulated business is a government entity—the period starting at the commencement and ending 12 months after the commencement; or otherwise—the period starting at the commencement and ending 6 months after the commencement.