45AW
In forceCommission must be notified of acquisitions
Volume 1Chapter 1, Part I to Chapter 4, Part IVBB (sections 1 to 53ZZC)
Chapter 3Restrictive trade practices
Part IVRestrictive trade practices
Division 1AAcquisitions
Subdivision BObligations
45AW Commission must be notified of acquisitions
A person contravenes this section if:
(a)
the person is a principal party to an acquisition; and
(b)
the acquisition is required to be notified; and
(c)
the acquisition is put into effect; and
(d)
when the acquisition is put into effect:
(i)
the acquisition is not a notified acquisition; or
(ii)
no notification of the acquisition has an effective notification date (see section 51ABZ); or
(iii)
the latest notification of the acquisition that has an effective notification date is stale.
Note 1:
For when an acquisition is required to be notified, see Division 2 of Part IVA.
Note 2:
For when an acquisition is stale, see section 51ABG.
Note 3:
For enforcement, see Part VI.
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