Notifications that are materially incomplete or misleading—consequences of Commission’s decisions
51ABZ Notifications that are materially incomplete or misleading—consequences of Commission’s decisions
If the Commission makes a decision under subsection 51ABY(1) in relation to a notification of an acquisition:
the notification is taken never to have had an effective notification date; and
the Commission must give to the notifying party of the notification of the acquisition written notice of:
the decision; and
the grounds on which the Commission is satisfied that subsection 51ABY(2) applies to the notification.
For review of the decision, see section 51ABZZG.
The Commission must not make a determination under subsection 51ABZE(1) in respect of the notification if, because of a decision made under subsection 51ABY(1), the notification does not have an effective notification date.
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