(1) If an award, order of the commission or certified agreement (the
"instrument" ) bound the deregistered organisation and its members before the deregistration of the organisation—(a) from the deregistration, the deregistered organisation and its members do not have the right to a benefit under the instrument; and(b) the instrument stops having any effect for the deregistered organisation 21 days after the deregistration.
(2) Despite subsection (1) (b) , the commission may make an order it considers appropriate about the effect, if any, of the instrument on the deregistered organisation and its members.