House of Representatives

Financial Transaction Reports Amendment (Transitional Arrangements) Bill 2008

Explanatory Memorandum

(Circulated by authority of the Minister for Home Affairs, the Honourable Bob Debus MP)

Notes on clauses

Clause 1: Short Title

This clause provides that when the Bill is enacted, it is to be cited as the Financial Transaction Reports Amendment (Transitional Arrangements) Act 2008 .

Clause 2: Commencement

This clause provides that the Bill will commence on the day on which it receives Royal Assent.

Clause 3: Schedule(s)

This is a formal clause that enables the Schedules to amend Acts simply by including amendments under the title of the relevant Act.


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