(1) Subject to subsections ( 2), (3) and (4), this Act commences on the day on which it receives the Royal Assent.
(2) Schedules 1, 2 and 3, Part 1 of Schedule 4 and Schedule 6 commence on 1 July 2000.
(3) Part 2 of Schedule 4 commences on 1 July 2001.
(4) Schedule 5 is taken to have commenced immediately after Schedule 3 to the New Business Tax System (Capital Gains Tax) Act 1999 commences.