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s 8

Effect of termination of amendment reference before termination of adoption of primary version or residual version

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Part 2Adoption of versions of the Commonwealth Help to Buy Act

8 Effect of termination of amendment reference before termination of adoption of primary version or residual version

(1)

If the amendment reference terminates before the adoption of the primary version is terminated, the termination of the amendment reference does not affect—

(a)

laws that were made under that reference before that termination (whether or not they have come into operation before that termination); or

(b)

the continued operation in the State of the Commonwealth Help to Buy Act as in operation immediately before that termination or as subsequently amended or affected by—

(i)

laws referred to in paragraph (a) that come into operation after that termination; or

(ii)

provisions referred to in section 5.

(2)

Accordingly, if the amendment reference terminates, it continues to have effect for the purposes of subsection (1) unless the adoption of the primary version is terminated.

(3)

If the amendment reference terminates before the adoption of the residual version is terminated, the termination of the amendment reference does not affect—

(a)

laws that were made under that reference before that termination (whether or not they have come into operation before that termination); or

(b)

the continued operation in the State of the Commonwealth Help to Buy Act as in operation immediately before that termination or as subsequently amended or affected by—

(i)

laws referred to in paragraph (a) that come into operation after that termination; or

(ii)

provisions referred to in section 5.

(4)

Accordingly, if the amendment reference terminates, it continues to have effect for the purposes of subsection (3) unless the adoption of the residual version is terminated.

Part 3—Miscellaneous

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