Section 1451.300  Registrations Under Previous Act;  Extension; Expiration

a)         Pursuant to Section 25-5 of the Act, all registrations in effect under the Illinois Real Estate Time-Share Act [765 ILCS 100, repealed] shall remain in full force and effect after January 1, 2000.

b)         All registrations in effect pursuant to subsection (a) above, which would have expired on December 31, 1999, shall be extended to April 1, 2000 under the Act, except for exchange company registrations.  Exchange company registrations shall be extended to July 1, 2000.

c)         All registrations under the Act and this Section shall expire annually on April 1, except for exchange company registrations.  Exchange company registrations shall expire annually on July 1.