Internal restructures and reorganisations
51ABD Internal restructures and reorganisations
The acquisitions provisions do not apply to an acquisition that is, or is part of, a restructure or reorganisation of a group of persons who are related:
in the ways referred to in section 4A (related bodies corporate); or
by means of trust or partnership.
Paragraph (1)(a) applies as if:
the Commonwealth, a State or a Territory were a body corporate; and
each authority of the Commonwealth, a State or a Territory were a subsidiary of the Commonwealth, the State or the Territory.
However, for the purposes of paragraph (1)(a), subsection (2) does not affect when an authority of the Commonwealth, a State or a Territory is related to another authority of the Commonwealth, the State or the Territory.
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