New South Wales Consolidated Regulations

PROPERTY, STOCK AND BUSINESS AGENTS REGULATION 2003 - REG 49

49 Transitional arrangements for reporting by financial institutions

(1) Clause 38F (Annual certification) of the Property, Stock and Business Agents (General) Regulation 1993 continues to apply (despite its repeal) in respect of the financial year ending 30 June 2003.

(2) Section 94 (Annual certification by auditor) of the Act:

(a) does not apply in respect of the 12 month period ending on 30 April 2003, and

(b) applies in respect of the 12 month period ending on 30 April 2004 as if a reference in that section to that 12 month period were a reference to a period of 10 months ending on that date (and commencing on 1 July 2003).