Which of the Following Statements Is Not Correct? Legislation Commences

question 16

Multiple Choice

Which of the following statements is not correct? Legislation commences:

• A)On the date expressly set out in the legislation.
• B)On a date fixed 'by proclamation', that is, when announced by the executive government in the Government Gazette.
• C)If the legislation is silent on commencement and it is Federal legislation, 28 days after receiving the Royal Assent of the Governor-General.
• D)If it is State or Territory legislation and the legislation is silent on commencement, within 28 days of receiving the Royal Assent of the Governor-General.

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Definitions:

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Long-term government debt securities issued by the United States Department of the Treasury with maturities greater than 10 years.

Managed Mutual Fund

A type of investment fund that is professionally managed, where investors pool their money to be invested in a diversified portfolio of securities.

Retirement

The period of one's life after deciding to permanently leave the workforce behind, often associated with reaching a certain age or financial security.

College Graduate

An individual who has successfully completed a course of study at a college or university and has been awarded a diploma or degree.