(1) This Act applies to instruments signed, and transactions entered into, on or after the commencement day.
(2) Subsection (1) has effect subject to the following provisions—(a) division 3, subdivision 1 and sections 521, 522, 528, 530, 530A and 538;Note—Sections 530 and 530A stopped applying on 1 January 2006 (see section 532A).(b) a regulation made under section 550.