Commonwealth Consolidated Regulations Commonwealth Consolidated RegulationsThe amendment made by item 2 of Schedule 1 to the Treasury Laws Amendment (Ending Grandfathered Conflicted Remuneration) Regulations 2019 applies to a benefit given on or after 1 January 2021, if the benefit is given under an arrangement entered into before, on or after the application day (within the meaning of subsection 1528(4) of the Act).