Transitional arrangements: (1) The exemptions made by, and the conditions imposed by, paragraphs 4 to 8 of ASIC Class Order [CO 03/392] as in force immediately before the day of its repeal are, with effect from the date of repeal, made and imposed by this subsection (1). (2) Subsection (1) applies for a period of 12 months commencing from the day of repeal of the class order.