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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