Insolvency Law Reform Act 2016 (11 of 2016)

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.

Commencement information

   

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

29 February 2016

2. Schedule 1

A single day to be fixed by Proclamation.

However, if the provisions do not commence within the period of 12 months beginning on the day this Act receives the Royal Assent, they commence on the day after the end of that period.

 

3. Schedule 2, items 1 to 93

At the same time as the provisions covered by table item 2.

 

4. Schedule 2, item 94

The later of:

(a) the commencement of the provisions covered by table item 2; and

(b) immediately after the commencement of item 13 of Schedule 3 to the Treasury Legislation Amendment (Repeal Day 2015) Act 2016.

However, the provisions do not commence at all if the event mentioned in paragraph (b) does not occur.

 

5. Schedule 2, items 95 to 302

At the same time as the provisions covered by table item 2.

 

6. Schedule 2, item 303

The later of:

(a) the commencement of the provisions covered by table item 2; and

(b) immediately after the commencement of item 48 of Schedule 2 to the Carbon Farming Initiative Amendment Act 2014.

 

7. Schedule 2, items 304 to 322

At the same time as the provisions covered by table item 2.

 

8. Schedule 3

Immediately after the commencement of the provisions covered by table item 2.

 

Note: This table relates only to the provisions of this Act as originally enacted.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.


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