(1) This regulation applies if:
(a) a securities exchange was required, before the FSR commencement, to give ASIC a special report under subsection 769D(1) of the old Corporations Act; and
(b) the securities exchange had not complied with the requirement before the FSR commencement; and
(c) the period for compliance had not expired before the FSR commencement.
(2) On and after the FSR commencement, the requirement is taken to be a requirement under subsection 794B(1) of the Act.