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

33   Repeal of Acts - continuation of securities issued to the Asian Development Bank

(1) A promissory note or other security mentioned in subitem (2) continues in effect on and after commencement as if it had been issued under subsection 5(1) of the Asian Development Bank Act 1966, as amended by Part 1 of this Schedule.

(2) This subitem covers a promissory note issued under any of the following that is in effect immediately before commencement:

(a) subsection 6(1) of the Asian Development Bank (Additional Subscription) Act 1972;

(b) subsection 6(1) of the Asian Development Bank (Additional Subscription) Act 1977;

(c) subsection 5(1) of the Asian Development Bank (Additional Subscription) Act 1983;

(d) subsection 5(1) of the Asian Development Bank (Additional Subscription) Act 1995;

(e) subsection 5(1) of the Asian Development Bank (Additional Subscription) Act 2009.