51ABE

When acquisitions are stayed

In force

(1)

An acquisition to which any of the following subsections applies is stayed.

(2)

This subsection applies to an acquisition that:

(a)

is required to be notified; but

(b)

is not a notified acquisition.

Note:

For when an acquisition is required to be notified, see Division 2.

(3)

This subsection applies to a notified acquisition if the most recent notification of the acquisition has not been finally considered.

Note:

For when a notification has been finally considered, see section 51ABF.

(4)

This subsection applies to a notified acquisition if:

(a)

the most recent determination under subsection 51ABZE(1) in respect of a notification of the acquisition is a determination that the acquisition must not be put into effect; and

(b)

since making that determination, the Commission has not made a determination under paragraph 51ABZW(1)(a) in respect of the notification.

(5)

This subsection applies to a notified acquisition if the most recent notification of the acquisition is stale.

Note:

For when a notification is stale, see section 51ABG.

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