Document ID: chunk:federal_register_of_legislation:C2004C01246:section:2
Version: federal_register_of_legislation:C2004C01246
Segment Type: section
Provision Reference: s 2
Character Range: 4131–5479

2  Commencement

 (1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.

 (2) Subject to subsections (3) to (14), Schedules 1, 2 and 3 commence on the commencement of the Australian Prudential Regulation Authority Act 1998.

 (4) Item 25 of Schedule 1 to this Act commences on the later of the following times:
 (a) the commencement of the Australian Prudential Regulation Authority Act 1998;
 (b) immediately after the commencement of item 9 of Schedule 1 to the Cheques and Payment Orders Amendment Act 1998.

 (5) If item 2 of Schedule 1 to the Cheques and Payment Orders Amendment Act 1998 commences on or before the commencement of the Australian Prudential Regulation Authority Act 1998, item 26 of Schedule 1 to this Act does not commence.

 (7) If item 24 of Schedule 2 to the Insurance Laws Amendment Act 1998 commences on or before the commencement of the Australian Prudential Regulation Authority Act 1998, items 109 to 113 of Schedule 1 to this Act do not commence.

 (13) Items 1, 6, 18, 20 and 21 of Schedule 2 commence immediately after the commencement of Schedule 1 to the Financial Sector Reform (Amendments and Transitional Provisions) Act 1998.

 (14) Items 4, 6, 12, 14, 15, 16 and 28 of Schedule 3 commence immediately after the commencement of the Managed Investments Act 1998.