50Duration of methodology determinations

50 Duration of methodology determinations

(1) A methodology determination: (a) comes into force: (i) the day after it is registered on the Federal Register of Legislation; or (ii) if a later time is specified in the determination—at that later time; and (b) unless sooner: (i) revoked; or (ii) repealed by section 42 (disallowance) of the Legislation Act 2003; or (iii) repealed by Part 4 of Chapter 3 (sunsetting) of the Legislation Act 2003; remains in force until: (iv) if a period is specified in relation to the determination in a legislative instrument made by the Minister for the purposes of this subparagraph—the end of that period; or (v) if subparagraph (iv) does not apply, but a period is specified in the determination—the end of that period. (2) If a methodology determination ceases to be in force, this Act does not prevent the Minister from making a fresh methodology determination in the same terms as the determination that has ceased to be in force.

Note: A fresh methodology determination must comply with the relevant provisions of this Division.