Document ID: chunk:federal_register_of_legislation:C2017A00052:clause:1_11
Version: federal_register_of_legislation:C2017A00052
Segment Type: clause
Provision Reference: sch 1 cl 11
Character Range: 5143–5950

11  Application of amendments
(1) This item applies if, before the commencement of this item, notice has been given as described in subparagraph 2(b) of the IMF loan agreement 2012 that the activation threshold (within the meaning of that agreement) has been reached.
(2) Despite the amendments made by this Schedule, the International Monetary Agreements Act 1947 continues to apply, in relation to Australia's obligations under the IMF loan agreement 2012, as if those amendments had not been made.
(3) For this item:
IMF loan agreement 2012 has the meaning given by section 3 of the International Monetary Agreements Act 1947 (as in force immediately before the commencement of this item).
[Minister's second reading speech made in—
House of Representatives on 25 May 2017
Senate on 15 June 2017]
(93/17)