Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For subitem 58(1) of Schedule 6 to the Amendment Act, the remaining period, after 30 June 2015, within which the APVMA must determine an old Code application (the remaining period ) is to be worked out in accordance with the following formula:
where:
"O" means the number of days in the period starting on the day the assessment period for the application commenced under regulation 78 or 78A of the old Code (the commencement date ), and ending on 30 June 2015.
"P" means the number of months within which the APVMA would have been required to determine the application, under subregulation 76(1) or (1A), if the application had been made on or after 1 July 2014.
"R" means the number of days in the period starting on the commencement date and ending on 30 June 2015 to which no regard was to be had, under paragraph 165(2)(a) of the old Code, in working out the period within which the application was to be determined under the old Code.
(2) If the remaining period worked out under subregulation (1) for an application is zero or less than zero, no remaining period applies to the application.
(3) The remaining period (if any) within which the APVMA must determine the application, worked out in accordance with subregulation (1), commences on 1 July 2015.
(4) However, if:
(a) the APVMA issues a notice under subsection 159(1) of the old Code before 1 July 2015 requiring the applicant to comply with a requirement; and
(b) the applicant has not, before 1 July 2015, complied with the notice; and
(c) the time specified in the notice for complying with the notice, or extended by the APVMA under subsection 159(1) (the compliance date ) ends on or after 1 July 2015;
the remaining period does not commence until the earliest of the following dates:
(d) the day the applicant complies with the notice;
(e) the compliance date.
(5) This regulation has effect despite regulations 76, 76A, 76B and 78.