Treasury Laws Amendment (2019 Measures No. 3) Act 2020 (64 of 2020)

Schedule 3   Miscellaneous amendments

Part 3   Amendments relating to instruments

Division 1   Amendments

Insurance Acquisitions and Takeovers Act 1991

245   Section 47

Repeal the section, substitute:

47 When orders come into operation

(1) A permanent restraining order comes into operation on the day specified in the order, which must not be before the order is registered on the Federal Register of Legislation under the Legislation Act 2003.

(2) A divestment order comes into operation on the day specified in the order, which must be at least 30 days after the order is registered on the Federal Register of Legislation under the Legislation Act 2003.