(1) If, immediately before the commencement of this Act, an amount was payable by a person to a futures organisation under subsection 1234(2) of the old Corporations Law of a State or Territory in this jurisdiction, a liability to pay a levy of the same amount, in respect of the same matter, to the Commonwealth is imposed on the person by this subsection on the commencement of this Act. The levy is payable to the futures organisation as agent for the Commonwealth. (2) If, immediately before the commencement of this Act, an amount was payable by a person to a futures organisation under subsection 1235(1) of the old Corporations Law of a State or Territory in this jurisdiction, a liability to pay a levy of the same amount, in respect of the same matter, to the Commonwealth is imposed on the person by this subsection on the commencement of this Act. The levy is payable to the futures organisation as agent for the Commonwealth. (3) A determination of an amount in force immediately before the commencement for the purposes of subsection 1234(1), 1234(2) or 1235(1) of the old Corporations Law of a State or Territory in this jurisdiction continues to have effect (and may be dealt with) after the commencement of this Act as if it were:

(a)

in the case of a determination for the purposes of subsection 1234(1)—a determination for the purposes of subsection 5(1) of this Act; or

(b)

in the case of a determination for the purposes of subsection 1234(2)—a determination for the purposes of subsection 5(2) of this Act; or

(c)

in the case of a determination for the purposes of subsection 1235(1)—a determination for the purposes of subsection 5(3) of this Act.