(1) This Act may be cited as the Electricity Industry Reform Act 1998.
(2) Except as provided in subsections (3) to (5), this Act comes into force on the day after the date on which this Act receives the Royal assent.
(3) The following provisions are deemed to have come into force on 21 May 1998:
(a) Sections 37 to 45 (mirror trusts):
(b) Section 46 (no expansion of control by trust-like agencies in electricity supply):
(c) Part 3 (enforcement and penalties):
(d) Section 68 (duty not to defeat purposes):
(e) Section 69 (no compensation):
(f) Section 71 (trust deeds).
(4) Part 2 (ownership separation rules and exemptions) is deemed to have come into force on 23 June 1998.
(5) Section 100 comes into force on a date to be appointed by the Governor-General by Order in Council.