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2Commencement and transitional provision

(1)Section 1 shall come into force on such day as the appropriate Minister may by order made by statutory instrument appoint, and different days may be appointed for different provisions and for different purposes.

(2)But an order providing for the commencement of section 1(2) must—

(a)provide for it to come into force on 1st April in any year, and

(b)be made before the 1st January immediately preceding that 1st April.

(3)After the making of an order providing for the commencement of section 1(2), it is to be treated as if it were in force for the purposes of entering into arrangements under section 240(1) or (2) of the Greater London Authority Act 1999 (c. 29) which will apply during the financial year beginning on the day on which section 1(2) comes into force.