(1) For section 1444 of the Act, this regulation applies in relation to a financial product:
(a) to which the SIS Act applied immediately before the FSR commencement; and
(b) for which a transition period exists.
(2) The following provisions of the SIS Regulations, as in force immediately before the FSR commencement, continue to apply in relation to the financial product:
(b) Subdivisions 2.4.1 and 2.4.2;
(c) Divisions 2.5, 2.7 and 2.7A;
(d) Subdivisions 2.8.1, 2.8.3, 2.8.4 and 2.8.5;
(g) regulation 5.15 (other than paragraphs 5.15(a) and (c));
(h) regulations 5.17 and 5.22;
(3) Subregulation (2) ceases to apply in relation to the
financial product at the end of the transition period for the financial
product.