(1) This Act applies to a Commonwealth agreement entered into before, on or after the commencement of this Act.
(2) Despite subsection (1), subsection 4(1) applies to a Commonwealth agreement entered into on or after the commencement of this Act.
(3) Subsection (4) applies if, immediately before the commencement of this Act, a Commonwealth agreement includes prohibited content.
(4) Despite subsection (1):
(a) subsection 4(2) has the effect that prohibited content in the Commonwealth agreement becomes void on the commencement of this Act; and
(b) paragraph (a) does not affect any right, privilege, obligation or liability acquired, accrued or incurred under the prohibited content before the commencement of this Act.