(1) For section 1444 of the Act, this regulation applies in relation to a financial services licensee whose financial services licence covers regulated activities for a regulated principal of the kind mentioned in item 3 of the table in section 1430 of the Act, in relation to:
(a) money that is held by the licensee in an account maintained under section 1209 of the old Corporations Act; and
(b) property that is held by the licensee under section 1209 or 1214 of the old Corporations Act.
(2) Section 1207 of the old Corporations Act, and any associated provisions, continue to apply in relation to the regulated principal after the end of the transition period in relation to:
(a) the person in the capacity of a regulated principal of that kind; and
(b) the money;
as if the person were a futures broker.