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December 1996 to 22 December 1998 , and extend the deadline by which the transfer of assets and liabilities needs to be completed from 22 December 1999 to 22 December 2001.The Government sees that these amendments are necessary because it decided that it was unreasonable to expect foreign banks to make long-term strategic decisions about whether to convert to branch status while the Wallis inquiry into the financial system was in progress , and before the outcomes and changes flowing from it were known . Farber et al. ( 1996 ) did not specify the empirical basis of their estimate , so the extent to which strain virulence was considered is not apparent . After the 1996 election , the Democrats were careful to ground their claim to a mandate on the share of the votes won by opposition parties in the Senate , not on their share of the seats ; ` where mandate [ sic ] is concerned ' , Cheryl Kernot cautioned , ` count the votes not the seats . It is useful to point out that since the passage of the 1996 Telecommunications Act , the radio marketplace continues to demonstrate increases in the number of stations with a slight trend toward moderate decreases in the number of owners . Northern Metro Institute of TAFE has placed an embargo on its representative from divulging any information about the project she was working on during 1996 .