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(1)The following provisions of this Act come into force on the day on which this Act is passed—
(b)section 2(1) and (5) to (8) (subject, in the case of subsection (6), to the exception mentioned in paragraph (k)),
(c)section 3(1) and (4),
(d)sections 4 and 5,
(f)sections 19 to 23,
(g)in section 24—
(i)subsections (1) and (2) so far as relating to the paragraphs of Schedule 2 mentioned in paragraph (l), and
(ii)subsections (3) to (5),
(k)Schedule 1 except so far as that Schedule relates to paragraph 13, 15 or 16 of Schedule 1A to the Financial Services and Markets Act 2000, and
(l)paragraphs 1 to 6, 11, 13, 16(1) and (2), 22, 24(1) and (2), 25, 27, 28, 30 to 32, 33(1) and (3), 34, 35, 37 to 45 and 48 of Schedule 2.
(2)The following provisions of this Act come into force at the end of the period of 2 months beginning with the day on which this Act is passed—
(a)section 3(2), (3) and (5),
(b)sections 6 to 12,
(d)section 24(1) and (2) so far as relating to the paragraphs of Schedule 2 mentioned in paragraph (e), and
(e)paragraphs 7 to 10, 12, 14, 15, 16(3), 17 to 20, 26, 29, 33(4), 46 and 47 of Schedule 2.
(3)The other provisions of this Act come into force on such day as the Treasury or the Secretary of State may by order appoint (and different days may be appointed for different purposes).
(4)The Treasury or the Secretary of State may by order make such provision as they consider necessary or expedient for transitory, transitional or saving purposes in connection with the commencement of any provision made by this Act.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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