Section 922K, as inserted by the amending Act, applies in relation to a person who ceases to have control of a body corporate licensee if:
(a) the person ceases to have control of the licensee after commencement; or
(b) both of the following apply:
(i) the person ceases to have control of the licensee before commencement;
(ii) immediately before commencement, a notice has not been lodged in accordance with section 922K, as notionally inserted into this Act by Schedule 8D to the Corporations Regulations 2001 .