Section 1699B — Corporations Act 2001: Transitional—relevant providers who are financial services licensees applying to be registered

(1) This section applies to an application for the registration of a relevant provider if: (a) the application was made in accordance with section 921ZA as in force immediately before the commencement of the amending Part; and (b) ASIC had not made a decision under section 921ZC before the commencement of the amending Part in relation to the application. (2) The application continues in force (and may be dealt with) on and after the commencement of the amending Part, as if the application had been made to register the relevant provider under subsection 921ZC(1) as substituted by the amending Part.