1.  Except as otherwise provided in this chapter:

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(a) This chapter applies to a power of appointment created before, on or after October 1, 2017;

(b) This chapter applies to a judicial proceeding concerning a power of appointment commenced on or after October 1, 2017;

(c) This chapter applies to a judicial proceeding concerning a power of appointment commenced before October 1, 2017, unless the court finds that application of a particular provision of this chapter would interfere substantially with the effective conduct of the judicial proceeding or prejudice a right of a party, in which case the particular provision of this chapter does not apply and the superseded law applies;

(d) A rule of construction or presumption provided in this chapter applies to an instrument executed before October 1, 2017, unless there is a clear indication of a contrary intent in the terms of the instrument; and

(e) Except as otherwise provided in this subsection, an action done before October 1, 2017, is not affected by this chapter.

2.  If a right is acquired, extinguished or barred on the expiration of a prescribed period that commenced under law of this State other than this chapter before October 1, 2017, the law continues to apply to the right.