(1)  Upon the termination of an arrangement under the Commonwealth Act, any authorisation, other instrument and regulations issued, renewed, executed or made under the arrangement cease to have effect.

(2)  After action to terminate an arrangement has been taken but before it takes effect –

(a) any authorisation or other instrument may be issued or renewed under the arrangement for the purpose of the termination; and

(b) regulations may be made under the arrangement for the purpose of the termination.

(3)  Any authorisation, other instrument or regulations issued, renewed, executed or made as referred to in subsection (2) do not take effect until the termination takes effect.