National Housing Finance and Investment Corporation (Consequential Amendments and Transitional Provisions) Act 2018 (Cth)

National Housing Finance and Investment Corporation (Consequential Amendments and Transitional Provisions) Act 2018

No. 66, 2018

An Act to deal with consequential and transitional matters arising from the enactment of the National Housing Finance and Investment Corporation Act 2018, and for related purposes

Contents

National Housing Finance and Investment Corporation (Consequential Amendments and Transitional Provisions) Act 2018

No. 66, 2018

An Act to deal with consequential and transitional matters arising from the enactment of the National Housing Finance and Investment Corporation Act 2018, and for related purposes

[Assented to 29 June 2018]

The Parliament of Australia enacts:

1Short title

This Act is the National Housing Finance and Investment Corporation (Consequential Amendments and Transitional Provisions) Act 2018.

2Commencement

1. (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
Provisions	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.	29 June 2018
2. Schedules 1 and 2	At the same time as the National Housing Finance and Investment Corporation Act 2018 commences.	30 June 2018

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

1. (2)

   Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3Schedules

Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

Administrative Decisions (Judicial Review) Act 1977

1

At the end of Schedule 2

Add:

1. ; (zd)

   decisions relating to the activities of the National Housing Finance and Investment Corporation under the National Housing Finance and Investment Corporation Act 2018.

Freedom of Information Act 1982

1. 2

   Division 1 of Part II of Schedule 2 (after the item relating to the National Health and Medical Research Council)

   Insert:

National Housing Finance and Investment Corporation, in relation to documents in respect of its commercial activities

Schedule 2—Transitional matters

1. 1

   Decisions not to be made before a particular day

(1) The NHFIC must not, before:

1. (a)

   the day determined under subitem (2); or

2. (b)

   if no such determination is in force—the later of:

   1. (i)

      1 July 2018; or

   2. (ii)

      the day occurring 3 months after the day this Act commences;

make a decision to:

1. (c)

   make a loan, investment or grant; or

2. (d)

   grant financial assistance to a State or Territory; or

3. (e)

   provide, to registered community housing providers (within the meaning of the National Housing Finance and Investment Corporation Act 2018), business advisory services and other assistance in capacity building.

(2) The Minister may, by legislative instrument, determine a day for the purposes of this item. The day must not be a day occurring earlier than 1 July 2018.

[Minister’s second reading speech made in—

House of Representatives on 15 February 2018

Senate on 19 March 2018]

(22/18)