Commonwealth Consolidated Acts

ACIS ADMINISTRATION ACT 1999 - SECT 28

             (1)  If an application for registration (other than an application made following the Minister's permission, under section 20, to make that application) is granted before the scheme commencement date, the registration has effect on and from the scheme commencement date.

             (2)  If an application for registration (other than an application made following the Minister's permission, under section 20, to make that application) is granted on or after the scheme commencement date, the registration has effect on and from the date it was granted.

             (3)  If:

                     (a)  an application for registration is made following the Minister's permission, under section 20, to make that application; and

                     (b)  that application is granted before the scheme commencement date;

the registration has effect, subject to subsection (5), on and from:

                     (c)  unless paragraph (d) applies--the scheme commencement date; or

                     (d)  if the Minister's permission could be disallowed in either House of the Parliament after the scheme commencement date--the last day on which the Minister's permission could be so disallowed.

             (4)  If:

                     (a)  an application for registration is made following the Minister's permission, under section 20, to make that application; and

                     (b)  that application is granted on or after the scheme commencement date;

the registration has effect, subject to subsection (5), on and from:

                     (c)  unless paragraph (d) applies--the date the registration was granted; or

                     (d)  if the Minister's approval could be disallowed in either House of the Parliament after the date the registration was granted--the last day on which the Minister's approval could be so disallowed.

             (5)  If:

                     (a)  an application for registration is made following the Minister's permission, under section 20, to make that application; and

                     (b)  that application is granted; but

                     (c)  after the grant of the application the Minister's approval is disallowed in either House of the Parliament;

the registration never comes into effect.