Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Act 2026 (35 of 2026)

Schedule 3   Multilateral development banks - modernising and technical amendments

Part 3   Transitional provisions

37   Continuation of other securities issued

(1) A security issued under subsection 5(1) of the Asian Development Bank Act 1966 and in effect immediately before commencement continues in effect on and after commencement as if it had been issued under that subsection as amended by Part 1 of this Schedule.

(2) A promissory note issued under subsection 6(1) of the Asian Infrastructure Investment Bank Act 2015 and in effect immediately before commencement continues in effect on and after commencement as if it had been issued under subsection 5(1) of that Act, as amended by Part 1 of this Schedule.

(3) A security issued under subsection 5(1) of the European Bank for Reconstruction and Development Act 1990 and in effect immediately before commencement continues in effect on and after commencement as if it had been issued under that subsection as amended by Part 1 of this Schedule.

(4) A security issued to the Fund (as defined in the International Monetary Agreements Act 1947) under subsection 7(1) of that Act and in effect immediately before commencement, including a security issued for the purposes of section 5 of the International Monetary Agreements Act 1960, continues in effect on and after commencement as if it had been issued under subsection 7(1) of the International Monetary Agreements Act 1947, as amended by Part 1 of this Schedule.

(5) A security (not covered by subitem 35(2)) issued to the Bank (as defined in the International Monetary Agreements Act 1947)under subsection 7(1) of that Actand in effect immediately before commencement continues in effect on and after commencement as if it had been issued under subsection 7(1A) of that Act, as amended by Part 1 of this Schedule.

(6) A security issued under subsection 5(1) of the Multilateral Investment Guarantee Agency Act 1997 and in effect immediately before commencement continues in effect on and after commencement as if it had been issued under that subsection as amended by Part 1 of this Schedule.