(1) This section applies to an instrument if:
(a) the instrument was in operation immediately before the transfer day; and
(b) any of the following applies:
(i) Horticulture Australia Limited is a party to the instrument;
(ii) the instrument was given to, or in favour of, Horticulture Australia Limited;
(iii) a reference is made to Horticulture Australia Limited in the instrument;
(iv) a right or liability accrues, or may accrue, to Horticulture Australia Limited under the instrument; and
(c) the instrument constitutes, or relates to, the industry assets and liabilities in relation to Horticulture Australia Limited immediately before the transfer day.
(2) The instrument continues to have effect on and after the transfer day as if a reference in the instrument to Horticulture Australia Limited were a reference to the next industry services body.
(3) In this item:
(a) includes:
(i) a contract, deed, undertaking, or agreement; and
(ii) a notice, authority, order or instruction; and
(iii) an instrument made under an Act or a regulation; but
(b) does not include any of the following:
(i) an Act or this instrument;
(ii) a declaration made under subsection 10(1) or 11(1) of the Act;
(iii) a deed of agreement entered into under section 12 of the Act;
(iv) a certificate given under this instrument.