(1) This section applies if:
(a) immediately before 1 July 2015 an existing thing had a particular effect; and
(b) something having a comparable effect could be made by, or done by or in relation to, the regulator on 1 July 2015.
(2) On 1 July 2015, the existing thing becomes a thing made by, or done by or in relation to, the AER as regulator and having that comparable effect.
(3) In this section:
"discontinued thing "means one of the following:
(a) a direction given under former section 11 ;
(b) a delegation under former section 12 ;
(c) a delegation under section 16 of the Utilities Commission Act to the extent it relates to this Act;
(d) a request given under former section 13(1).
"existing thing "means anything that:
(a) was made by, or done by or in relation to, the Utilities Commission as regulator before 1 July 2015; and
(b) was in force immediately before 1 July 2015; and
(c) is not the subject of another provision in this Part; and
(d) is not a discontinued thing.