(1) For section 1444 of the Act, if:
(a) a regulated principal in relation to a financial product would, but for this regulation, be required by subsection 1017G(1) of the Act to have a dispute resolution system for the financial product; and
(b) the issue or sale of the financial product as mentioned in paragraph 1017G(1)(b) of the Act is within the regulated activities of the regulated principal;
section 1017G of the Act does not apply to the regulated principal in relation to the financial product.
(2) Subregulation (1) ceases to apply in relation to the regulated principal at the end of the transition period in relation to the regulated principal.