The Queen may disallow any law within one year from the Governor-General’s assent, and such disallowance on being made known by the Governor-General by speech or message to each of the Houses of the Parliament, or by Proclamation, shall annul the law from the day when the disallowance is so made known. 

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[Deleted. Sections 58-60 will be replaced by proposed s.56A:

56A How laws are made
A proposed law becomes law, in accordance with such terms as to its commencement as are set out in the proposed law, when it is passed by a majority of those who vote on the proposed law in both the House of Representatives and the Senate.]

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The Queen may disallow any law within one year from the Governor-General’s assent, and such disallowance on being made known by the Governor-General by speech or message to each of the Houses of the Parliament, or by Proclamation, shall annul the law from the day when the disallowance is so made known.

59.1 This section will be deleted.