Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)
2 Commencement
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
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Commencement information |
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Column 1 |
Column 2 |
Column 3 |
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Provisions |
Commencement |
Date/Details |
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1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table |
The day this Act receives the Royal Assent. |
20 September 2023 |
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2. Schedules 1 and 2 |
The later of: (a) the start of the 30th day after this Act receives the Royal Assent; and (b) immediately after the commencement of Schedule 2 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
20 October 2023 (paragraph (a) applies) |
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3. Schedule 3, Part 1 |
The later of: (a) at the same time as the provisions covered by table item 2; and (b) immediately after the commencement of Schedule 2 to the Treasury Laws Amendment (More Competition, Better Prices) Act 2022. |
9 November 2023 (paragraph (b) applies) |
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4. Schedule 3, Part 2 |
The later of: (a) at the same time as the provisions covered by table item 2; and (b) immediately after the commencement of the Financial Accountability Regime Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
20 October 2023 (paragraph (a) applies) |
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5. Schedule 3, Part 3, Division 1 |
The later of: (a) at the same time as the provisions covered by table item 2; and (b) immediately after the commencement of the Treasury Laws Amendment (Financial Services Compensation Scheme of Last Resort) Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
20 October 2023 (paragraph (a) applies) |
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6. Schedule 3, Part 3, Division 2 |
The later of: (a) at the same time as the provisions covered by table item 2; and (b) immediately after the commencement of the Financial Services Compensation Scheme of Last Resort Levy Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
20 October 2023 (paragraph (a) applies) |
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7. Schedule 3, Part 3, Division 3 |
The later of: (a) at the same time as the provisions covered by table item 2; and (b) immediately after the commencement of the Financial Services Compensation Scheme of Last Resort Levy (Collection) Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
20 October 2023 (paragraph (a) applies) |
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8. Schedule 3, Part 4 |
The later of: (a) immediately after the provisions covered by table item 2; and (b) immediately after the commencement of Schedule 6 to the Treasury Laws Amendment (2022 Measures No. 4) Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
20 October 2023 (paragraph (a) applies) |
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9. Schedule 3, Part 5, Division 1 |
At the same time as the provisions covered by table item 2. However, the provisions do not commence at all if Part 4 of Schedule 1 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 does not commence before that time. |
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10. Schedule 3, Part 5, Division 2 |
At the same time as the provisions covered by table item 2. However, the provisions do not commence at all if Part 4 of Schedule 1 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 commences before the commencement of the provisions covered by table item 2. |
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11. Schedule 3, Part 6, Division 1 |
At the same time as the provisions covered by table item 2. However, the provisions do not commence at all if Schedule 3 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 does not commence before that time. |
20 October 2023 |
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12. Schedule 3, Part 6, Division 2 |
At the same time as the provisions covered by table item 2. However, the provisions do not commence at all if Schedule 3 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 commences before the commencement of the provisions covered by table item 2. |
Never commenced |
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13. Schedule 3, Part 6, Division 3 |
The later of: (a) immediately after the provisions covered by table item 2; and (b) immediately after the commencement of Schedule 3 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023. However, the provisions do not commence at all if Schedule 3 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 commences before the commencement of the provisions covered by table item 2. |
Never commenced |
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14. Schedule 3, Part 7 |
The later of: (a) immediately after the provisions covered by table item 2; and (b) immediately after the commencement of Part 1 of Schedule 4 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
20 October 2023 (paragraph (a) applies) |
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15. Schedule 4, items 1 to 121 |
A day or days to be fixed by Proclamation. However, if any of the provisions do not commence within the period of 6 months beginning on the day this Act receives the Royal Assent, they commence on the day after the end of that period. |
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16. Schedule 4, item 122 |
The later of: (a) at the same time as the provisions covered by table item 15; and (b) immediately after the commencement of item 114 of Schedule 1 to the Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023. However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur. |
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17. Schedule 4, items 123 to 136 |
At the same time as the provisions covered by table item 15. |
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18. Schedule 4, Part 7 |
The later of: (a) at the same time as the provisions covered by table item 2; and (b) immediately after the commencement of the provisions covered by table item 17. However, the provisions do not commence at all if the event mentioned in paragraph (a) does not occur. |
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19. Schedule 5 |
The day after this Act receives the Royal Assent. |
21 September 2023 |
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20. Schedule 6, Part 1, Divisions 1 and 2 |
The day after this Act receives the Royal Assent. |
21 September 2023 |
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21. Schedule 6, Part 1, Division 3 |
Immediately after the commencement of the provisions covered by table item 20. |
21 September 2023 |
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22. Schedule 6, Part 1, Divisions 4 to 7 |
The day after this Act receives the Royal Assent. |
21 September 2023 |
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23. Schedule 6, Part 2 |
The first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent. |
1 October 2023 |
Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.
(2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.