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Housing Loans Insurance Corporation (Transfer of Assets and Abolition) Repeal Bill 2006

2004-2005-2006

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

 

 

 

 

 

Housing Loans Insurance Corporation (Transfer of Assets and Abolition) Repeal Bill 2006

 

No.      , 2006

 

(Treasury)

 

 

 

A Bill for an Act to repeal the Housing Loans Insurance Corporation (Transfer of Assets and Abolition) Act 1996 , and for related purposes

   

   



Contents

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

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

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

Schedule 1—Repeal                                                                                                               3

Housing Loans Insurance Corporation (Transfer of Assets and Abolition) Act 1996        3

Schedule 2—Compensation                                                                                              4

 



A Bill for an Act to repeal the Housing Loans Insurance Corporation (Transfer of Assets and Abolition) Act 1996 , and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Housing Loans Insurance Corporation (Transfer of Assets and Abolition) Repeal Act 2006 .

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 on which this Act receives the Royal Assent.

 

2.  Schedules 1 and 2

The later of:

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

(b) the vesting day (within the meaning of the Housing Loans Insurance Corporation (Transfer of Pre-transfer Contracts) Act 2006 ).

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

A copy of the instrument that declares the vesting day must be published in the Gazette (see section 5 of the Housing Loans Insurance Corporation (Transfer of Pre-transfer Contracts) Act 2006 ).

 

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.