(1) In this section
—
exempted association means an incorporated
association which immediately before the commencement day had the benefit of
the exemption in Schedule 2 clause 4 of the repealed Act.
(2) To allow time for
an exempted association to ensure that its rules comply with section 22, the
requirements of that section do not apply to the association until the expiry
of —
(a) 3
years after the commencement day; or
(b) such
longer period as the Commissioner may, on application made by the association,
from time to time allow in writing.