Document ID: chunk:federal_register_of_legislation:C2018C00106:section:2
Version: federal_register_of_legislation:C2018C00106
Segment Type: section
Provision Reference: s 2
Character Range: 9874–10530

2  Commencement
 (1) Sections 1, 2, 3, 4, 6 and 7 commence on the day on which this Act receives the Royal Assent.
 (2) Subject to subsection (3), the remaining provisions of this Act commence on the sale day.
 (3) If:
 (a) the Commonwealth and Newco do not enter into an agreement on the sale day for the sale of the Moomba‑Sydney pipeline system by the Commonwealth; or
 (b) if the agreement is entered into but Newco does not pay the Commonwealth the amount it is required to pay the Commonwealth on the sale day under the agreement;
the remaining provisions of this Act are taken never to have commenced.

Division 2—Definitions and binding the Crown