Priority statement and guidelines
492 Priority statement and guidelines
S. 492 inserted by No. 39/2018 s. 18 (as amended by Nos 27/2019 ss 32−40, 3/2020 ss 45, 46, 47/2020 s. 27).
On the commencement day—
a priority statement prepared under section 70B(1AA) of the old Act as in force immediately before the commencement day is taken to be a priority statement that is prepared under section 450 of the new Act on and after the commencement day; and
any guidelines made for the purposes of section 70A(1)(b) of the old Act as in force immediately before the commencement day are taken to be guidelines made under section 451 of the new Act on and after the commencement day.
This Act’s bill:Explanatory memorandumSecond reading speech
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