Current positive exemption notice for new relevant disqualified person
525 Current positive exemption notice for new relevant disqualified person
This section applies if—
before the commencement a person held a positive exemption notice; and
immediately before the commencement the notice was current; and
at the commencement the person is a new relevant disqualified person.
At the commencement the amended Act applies and the commissioner must cancel the person’s positive exemption notice and substitute a negative exemption notice under section 297.
Note—Under section 304, a person must return their cancelled positive exemption notice to the commissioner.
Also, if the positive exemption notice is suspended under section 298 at the commencement, any application for the cancellation of the suspension under section 299 that has not been decided or withdrawn at the commencement is taken to have been withdrawn.
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