42ADeclarations and regulations

42A Declarations and regulations

Declarations (1) For the purposes of this Subdivision, a declaration by a law of a State or Territory (the declaring law) that: (a) a matter is an excluded matter for the purposes of section 41A; or (b) a provision of a law of the State or Territory is a Help to Buy program displacement provision for the purposes of section 42; takes effect at the later of the following times, if the declaration would otherwise take effect before that time: (c) the commencement of this Act; (d) when the declaring law is enacted or made. Regulations (2) Subsection 12(2) of the Legislation Act 2003 (retrospective application) does not apply in relation to regulations made for the purposes of subsection 41A(3) or 42(5) of this Act. (3) Section 46 (approval of States and Territories required for regulations) does not apply in relation to regulations made for the purposes of subsection 41A(3) or 42(5).