Commonwealth Numbered Acts

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CORPORATE LAW ECONOMIC REFORM PROGRAM ACT 1999 - SECT 2

Commencement
(1)
Sections 1 and 2 commence on the day on which this Act receives the Royal Assent.

(2)
The following provisions commence on a day or days to be fixed by Proclamation:

(a)
section 3;

(b)
the items in Schedules 1 to 7 (other than item 18 of Schedule 7);

(c)
the items in Schedules 10, 11 and 12.

(3)
If any of the following provisions does not commence under subsection (2) within the period of 6 months beginning on the day on which this Act receives the Royal Assent, it commences on the first day after the end of that period:

(a)
section 3;

(b)
an item in Schedules 1 to 7 (other than item 18 of Schedule 7);

(c)
an item in Schedule 10.

(4)
If an item in Schedule 11 or 12 does not commence under subsection (2) within the period of 12 months beginning on the day on which this Act receives the Royal Assent, it commences on the first day after the end of that period.

(5)
Item 18 of Schedule 7 is taken to have commenced on the day on which the Financial Sector Reform (Consequential Amendments) Act 1998 received the Royal Assent.

(6)
The items in Schedule 8 (other than item 3) are taken to have commenced immediately after the Managed Investments Act 1998 .

(7)
Item 3 of Schedule 8 is taken to have commenced immediately after section 27 of the Corporate Law Reform Act 1992 .

(8)
Item 1 of Schedule 9 is taken to have commenced on the day on which the Company Law Review Act 1998 received the Royal Assent.

(9)
Item 2 of Schedule 9 is taken to have commenced on the day on which the Managed Investments Act 1998 received the Royal Assent.



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