{"id":"F2011L00637","name":"AIDC Sale Act 1997 - Proclamation","slug":"aidc-sale-act-1997-proclamation","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":86193,"registerId":"commonwealth-F2011L00637-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"AIDC Sale Act 1997 - Proclamation","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\ntitle: Proclamation\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![Commonwealth Coat of Arms](image.001.png)\n\nProclamation\n\nAIDC Sale Act 1997\n\nI, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under subsection 2 (2) of the AIDC Sale Act 1997, fix 22 April 2011 as the day on which Schedule 2 to that Act commences.\n\nSigned and sealed with the  Great Seal of Australia  on 21 April 2011\n\nQUENTIN BRYCE Governor-General\n\nBy Her Excellency’s Command\n\nPENELOPE YING YEN WONG\n\nMinister for Finance and Deregulation\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1574},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This instrument is purely procedural. It does not expand, restrict, or alter the substantive scope of the AIDC Sale Act 1997; it merely activates existing provisions on a specific date as authorised by section 2(2) of that Act."},"complexity_factors":["Single operative provision (fixing the commencement date)","No defined terms or interpretation section","No conditional logic, exceptions, or cross-references beyond the citation of the parent Act","Procedural rather than substantive content"],"plain_english_summary":"This document is a formal **proclamation**—essentially a legal switch that turns on specific parts of an existing law. It was signed by the Governor-General on 21 April 2011 and activates **Schedule 2** of the *AIDC Sale Act 1997* on **22 April 2011**.\n\n**What it does**\n*   The *AIDC Sale Act 1997* allowed the Commonwealth to sell the **Australian Industry Development Corporation (AIDC)**, a government-owned financial institution.\n*   Parliaments often pass laws in stages. This proclamation officially starts the parts of the Act contained in Schedule 2, allowing the sale process (or specific steps of it) to proceed legally.\n\n**Why it matters**\nWithout this proclamation, Schedule 2 would remain dormant. By fixing the date, the Government ensures the legal machinery for the privatisation (or a specific phase of it) kicks in on 22 April 2011."}},"importantCases":[],"_links":{"self":"/api/acts/aidc-sale-act-1997-proclamation","history":"/api/acts/aidc-sale-act-1997-proclamation/history","analysis":"/api/acts/aidc-sale-act-1997-proclamation/analysis","conflicts":"/api/acts/aidc-sale-act-1997-proclamation/conflicts","importantCases":"/api/acts/aidc-sale-act-1997-proclamation/important-cases","documents":"/api/acts/aidc-sale-act-1997-proclamation/documents"}}