 Initially it was proposed that this transition date would occur on 1 January 2008, but on 31 December 2007 emergency legislation was passed, pushing it back by a year so that the transitional provisions set out in Schedule 2 of the Act could be further amended and modified.The Act has already been amended multiple times in its relatively brief life.Although some of the amendments relate to fine tuning legislation, and others relate to introducing new features (such as minority shareholder rights), a great many other amendments have been necessary to fix issues brought about by the transitional arrangements.