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International Monetary Agreements Amendment Bill (No. 1) 2010

2008-2009-2010

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

As passed by both Houses

 

 

 

 

 

 

 

 

 

International Monetary Agreements Amendment Bill (No. 1) 2010

 

No.      , 2010

 

 

 

 

 

A Bill for an Act to amend the International Monetary Agreements Act 1947 , and for related purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 2

Schedule 1—Amendment of the International Monetary Agreements Act 1947                 3

 



A Bill for an Act to amend the International Monetary Agreements Act 1947 , and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the International Monetary Agreements Amendment Act (No. 1) 2010 .

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

Provision(s)

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.

 

2.  Schedule 1

The later of:

(a) the day this Act receives the Royal Assent; and

(b) the day the amendments to the NAB Decision and the changes in credit arrangements of existing participants referred to in Decision No. 14577-(10/35), dated 12 April 2010, of the Executive Board of the International Monetary Fund, become effective.

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

The Minister must announce by notice in the Gazette the day the amendments to the NAB Decision and the changes in credit arrangements of existing participants become effective.

 

Note:          This table relates only to the provisions of this Act as originally passed by both Houses of the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.

             (2)  Column 3 of the table contains additional information that is not part of this Act. Information in this column may be added to or edited in any published version of this Act.

3   Schedule(s)

                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.