After section 183
insert
In this Part:
"commencement day" means the day on which this Part commences.
This Part applies despite anything to the contrary in section 12 of the Interpretation Act .
(1) The Practitioners Board must decide an existing registration application in accordance with the relevant replacement registration provision.
(2) The Practitioners Board may require the applicant to give the Board additional information to enable the Board to be satisfied about the matters mentioned in the relevant replacement registration provision.
(3) In this section:
"existing registration application" means one of the following applications made before the commencement day and not decided before that day:
(a) an application for registration made under section 23;
(b) an application for registration made under section 24A;
(c) an application for renewal of registration made under section 24E.
replacement registration provision means section 24, 24B or 24F, and a regulation made for the section, as in force on the commencement day.
(1) An individual or corporation registered before the commencement day as a building contractor must, during the remaining period of registration, continue to hold the relevant amount of determined net financial assets.
(2) For subsection (1), the relevant amount of determined net financial assets is the amount of net financial assets specified for the individual or corporation in the Minister's determination under section 24G as in force immediately before the commencement day.
(1) A corporation registered before the commencement day as a building contractor must comply with the supervision requirement during the term of registration.
(2) For subsection (1), the supervision requirement is the requirement that at least one director, or a nominee, of the corporation must provide adequate supervision of the building work carried out by the corporation.
(3) To avoid doubt, it is no longer necessary for the director or nominee to reside in the Territory to provide the adequate supervision.
An instrument delegating a power or function under section 20 that was in force immediately before the commencement day continues in force.