(1) In this section former Act means the Egg Industry Act 1988 ;former licensee means a person who, immediately before the transition day, was the holder of a licence under section 23, 28(3) or 30 of the former Act;transition day means the day on which section 8 commences;transition period means the 6 month period immediately following the transition day.(2) This Act does not apply to an egg producer who is a former licensee until whichever of the following first occurs:(a) the transition period expires;(b) the Secretary grants, or refuses to grant, an approval under section 5 or 6 .(3) A former licensee whose licence under the former Act was subject to conditions must continue to comply with those conditions during the transition period as if that Act and that licence were still in force.Penalty: In the case of (a) a body corporate, a fine not exceeding 50 penalty units; and(b) an individual, a fine not exceeding 20 penalty units.(4) The Governor may make regulations of a savings or transitional nature consequent on the enactment of this Act.(5) A provision of a regulation made under subsection (4) may take effect on the transition day or a later day.