If, immediately before the commencement, a licensee was entitled to engage a particular accountant for the purposes of complying with the expired MFR policy, the accountant is taken to be a qualified accountant for the licensee until the earlier of the following—
(a) the day the commission gives the licensee written notice stating that the accountant is not approved for section 11D(1)(b);
(b) the day the licensee first gives the commission an MFR report prepared by the accountant after the commencement.