EFFECTIVE DATE.

SEC. 1503. EFFECTIVE DATE. Except as specifically provided otherwise in this division, this division and the amendments made by this division shall take effect on, and shall apply beginning on—(1) the expiration of the 18-month period beginning on the date of the enactment of this division, or(2) the expiration of the 3-month period beginning upon publication by the Secretary of Housing and Urban Development of final regulations pursuant to section 1504,whichever occurs first.