Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Subject to subsection ( 2), this Act commences on a day to be fixed by Proclamation.
(2) If this Act does not commence under subsection ( 1) within the period of 24 months beginning on the day on which this Act receives the Royal Assent, it commences on the first day after the end of that period.
(3) If this Act commences during a financial year (but not on 1 July of that financial year), this Act has effect in relation to that financial year subject to the modifications specified in the regulations.