(1) This regulation applies if:
(a) the transferor of a share in, debenture of, or interest made available by, a company requested the company, under subsection 1092(2) of the old Corporations Act, to carry out the obligations under that subsection; and
(b) the company did not complete all of its obligations under that subsection within the stated period.
(2) Section 1092 of the old Corporations Act, and any associated provisions, continue to apply to the extent necessary to allow for:
(a) the completion of the company's obligations within the stated period; and
(b) the consequences of not completing the obligations within the stated period.