Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation applies if:
(a) a person could have made a claim in relation to a matter, before the FSR commencement, under a provision of any of the following Divisions of the old Corporations Act:
(i) Division 6 of Part 7.10 (dealing with contract guarantees);
(ii) Division 6A of Part 7.10 (dealing with securities loans guarantees);
(iii) Division 6B of Part 7.10 (dealing with net obligations);
(iv) Division 6C of Part 7.10 (dealing with transfer service delivery guarantees);
(v) Division 7 of Part 7.10 (dealing with unauthorised transfer);
(vi) Division 7A of Part 7.10 (dealing with contraventions of SCH certificate cancellation provisions);
(vii) Division 8 of Part 7.10 (dealing with insolvent members); and
(b) the person did not make the claim before the FSR commencement.
(2) On and after the FSR commencement:
(a) Division 1, and Divisions 6 to 9, of Part 7.10 of the old Corporations Act continue to have effect in relation to the person; and
(b) regulations made for Part 7.10 of the old Corporations Act continue to have effect in relation to the person; and
(c) Part 7.5 of the Act has effect in relation to a matter to which paragraphs (a) and (b) do not apply.
(3) However, the person cannot make a claim under section 949 or 950, or Division 6A, 6B or 6C of Part 7.10, of the old Corporations Act after 30 September 2005.