163. An applicant for a day care centre permit or home day care agency permit whose eligibility for grants and financial assistance under a development plan of the Office or following the determination and allotment of places approved by the Government for the fiscal years extending from 1989 to 1994 and for the fiscal year 1996-97 was confirmed by the Office becomes, on 1 September 1997, an applicant for a childcare centre permit, subject to the new provisions of the Act and the regulations and so long as the future permit holder satisfies the requirements of the first paragraph of section 157 of this Act.
The provisions of the second paragraph of section 157 of this Act apply to the applicant once it obtains the permit.