Automatic Enrolment Retirement Savings System Act 2024 section 1

Short title and commencement

Section 1 provides the short title of the Act and the mechanism by which it comes into operation.

  • The Act is formally cited as the Automatic Enrolment Retirement Savings System Act 2024.
  • The Minister may bring the Act into operation by ministerial order on a day or days of their choosing.
  • Different provisions of the Act may be commenced on different dates, allowing for a phased introduction.
  • This flexible commencement approach means employers and employees should monitor ministerial orders to know when specific obligations take effect.

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