Future Made in Australia (Production Tax Credits and Other Measures) Act 2025 (9 of 2025)

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.

14 February 2025

2. Schedule 1, Part 1

The later of:

(a) the first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent; and

(b) the first 1 January, 1 April, 1 July or 1 October to occur after the day the Future Made in Australia (Guarantee of Origin) Act 2024 commences.

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

 

3. Schedule 1, Part 2

The later of:

(a) the first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent; and

(b) the first 1 January, 1 April, 1 July or 1 October to occur after the day the Treasury Laws Amendment (Multinational - Global and Domestic Minimum Tax) (Consequential) Act 2024 commences.

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

1 April 2025

(paragraph (a) applies)

4. Schedule 1, Part 3

The later of:

(a) at the same time as the commencement of the provisions covered by table item 2; and

(b) immediately after the commencement of the provisions covered by table item 5.

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

 

5. Schedule 2

The first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent.

1 April 2025

6. Schedule 3

The day after this Act receives the Royal Assent.

15 February 2025

Note: This table relates only to the provisions of this Act as originally enacted.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