{"id":"C2004L06630","name":"Financial Sector (Collection of Data) Act 2001 - Proclamation (28/09/2001)","slug":"financial-sector-collection-of-data-act-2001-proclamation-28-09-2001","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":28273,"registerId":"commonwealth-C2004L06630-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Sector (Collection of Data) Act 2001 - Proclamation (28/09/2001)","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\nmeta-generator: Aspose.Words for .NET 20.2\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n![](image.001.png)\n\nProclamation\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, PETER JOHN HOLLINGWORTH, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under subsection 2 (2) of the Financial Sector (Collection of Data) Act 2001, fix 1 October 2001 as the day on which Parts 3 and 4 of that Act commence.\n\nSigned and sealed with the  Great Seal of Australia  on 28 September 2001\n\nPETER HOLLINGWORTH\n\nGovernor-General\n\nBy His Excellency's Command\n\nJOE HOCKEY\n\nMinister for Financial Services and Regulation\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1981},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This proclamation performs exactly the limited, procedural function intended — activating specific parts of the Act on a fixed date. It does not expand or alter the substantive scope of the legislation."},"complexity_factors":["Single operational provision fixing a commencement date","No defined terms or interpretation section","No conditional logic, exceptions, or cross-references beyond the empowering provision","Extremely short length (one substantive sentence)"],"plain_english_summary":"This is a **commencement proclamation** — a formal declaration by the Governor-General that activates specific sections of an Act of Parliament.\n\n**What it does**\nThis instrument sets **1 October 2001** as the date when **Parts 3 and 4** of the *Financial Sector (Collection of Data) Act 2001* come into force (become legally operational).\n\n**Why this matters**\nParliament often passes laws where some sections start immediately, while others need a specific trigger. This proclamation acts as that trigger, switching on the substantive provisions in Parts 3 and 4 that govern how financial data is collected from institutions.\n\n**Key details**\n- **Legal basis**: Subsection 2(2) of the Act\n- **Commencement date**: 1 October 2001\n- **Effect**: Parts 3 and 4 become enforceable law from this date"}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-act-2001-proclamation-28-09-2001","history":"/api/acts/financial-sector-collection-of-data-act-2001-proclamation-28-09-2001/history","analysis":"/api/acts/financial-sector-collection-of-data-act-2001-proclamation-28-09-2001/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-act-2001-proclamation-28-09-2001/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-act-2001-proclamation-28-09-2001/important-cases","documents":"/api/acts/financial-sector-collection-of-data-act-2001-proclamation-28-09-2001/documents"}}