(1) In this section:
"listing" :
(a) means one of the following as in force at any time before the commencement of this section:
(i) a listing under subsection 15(1) of a person or entity;
(ii) a listing under subsection 15(3) of an asset or class of asset; and
(b) to avoid doubt, includes a listing given effect by regulation 4 of the previous regulations.
"previous regulations" means the Charter of the United Nations (Terrorism and Dealings with Assets) Regulations 2002 .
"registered" means registered on:
(a) the Federal Register of Legislation (within the meaning of the Legislation Act 2003 ); or
(b) the Register (within the meaning of the Legislative Instruments Act 2003 as in force before 5 March 2016).
(2) Subsection (4) applies if, apart from this section, a listing would not have applied, or been enforceable, in relation to a person at a time before the commencement of this section only because the listing was not registered at the time.
(3) Subsection (4) also applies if, apart from this section, a listing would not have applied in relation to a person at a time before the commencement of this section only because the listing was taken to be repealed by paragraph 32(2)(b) of the Legislative Instruments Act 2003 (as in force before 5 March 2016) because the listing had not been registered by a particular time.
(4) The listing is taken, for all purposes, to have been registered at the time.
(5) To avoid doubt:
(a) anything done or purported to have been done by a person that would have been invalid except for subsection (4) is taken always to have been valid, despite any effect that may have on the accrued rights of any person; and
(b) this section applies in relation to civil and criminal proceedings, including proceedings that are pe nding or concluded.