(1) For section 1444 of the Act, this regulation applies if:
(a) securities (other than managed investment products) are sold on or after the FSR commencement; and
(b) the securities were issued before the FSR commencement.
(2) Section 707 of the old Corporations Act, and any associated provisions, continue to apply in relation to the securities.
(3) Section 707 of the Act does not apply in relation to the securities.