(1) This section applies to an instrument if:
(a) it is in operation immediately before the conversion time; and
(b) it is an instrument:
(i) to which DRDC is a party; or
(ii) which was given to, or in favour of, DRDC; or
(iii) in which a reference is made to DRDC; or
(iv) under which any right or liability accrues or may accrue to DRDC.
(2) The instrument continues to have effect after the conversion time as if a reference in the instrument to DRDC were a reference to Dairy Australia Limited.
"instrument" does not include regulations or any other instrument made under
the Superannuation Act 1976 or the Superannuation Act 1990 .