246. Every supplier registered under a specialty in a directory established pursuant to section 49.5.1 of the Financial Administration Act (chapter A‐6), on the date preceding the date of coming into force of the first regulation concerning supply, construction and service contracts made under section 58 of this Act, shall be registered, on the date of coming into force of that regulation, pursuant to section 62 of this Act if the directories established thereunder contain the specialty concerned. The supplier is deemed to have accepted all the rules and conditions set out in the documents relating to registration, as described in the second paragraph of the said section. The supplier shall remain registered under that specialty until the supplier’s registration is struck off or cancelled pursuant to this Act. Proceedings to strike off or cancel registration that began before the date of coming into force of the first regulation concerning supply, construction and service contracts made under section 58 of this Act shall be continued pursuant to the regulations made under the Financial Administration Act.
No supplier to whom a sanction has been applied pursuant to the regulations made under the Financial Administration Act may register pursuant to section 62 of this Act under the specialty concerned by the sanction during the period during which the supplier would have been disqualified from re-registering pursuant to section 49.5.1 of the Financial Administration Act.