After section 120 of the Principal Act , the following section is inserted in Division 4:

120A.     Savings and transitional provisions consequent on repeal of Revenue Measures Act 2005

(1)  Notwithstanding the repeal of the Debits Duties Act 2001 by the Revenue Measures Act 2005 , the Commissioner may recover from an account holder, financial institution, credit card holder or credit card provider, each within the meaning of the Debits Duties Act 2001 as in force immediately before the repeal, any duty that relates to a transaction made before 1 July 2005 and that was unpaid at that day.

(2)  For the purposes of subsection (1) , this Act is to be read as if th Debits Duties Act 2001 had not been repealed.