Queensland Numbered Acts Queensland Numbered ActsChapter 19, after pt 5--
insert--
'(1) This section applies if--
(a) before the commencement, a principal licensee appointed a continuing auditor to audit the licensee's trust accounts for an audit period mentioned in chapter 12, part 2, division 3; and
(b) either of the following apply--
(i) the audit period has ended before the commencement and the continuing auditor has not performed the audit;
(ii) the audit period ends on, or within 12 months after, the commencement.
'(2) For the purpose of the continuing auditor performing the audit, the pre-amended provision continues to apply as if the Audit Legislation Amendment Act 2006 had not commenced.
'(3) In this section--
commencement means commencement of this section.
continuing auditor means a person mentioned in the pre-amended provision.
pre-amended provision means section 391, definition qualified auditor, paragraph (b) or (c), as in force before the commencement.'.