100PTime within which Tribunal must make determination on review

100P Time within which Tribunal must make determination on review

(1) The Tribunal must not make its determination on a review of an acquisition determination under this Division earlier than the 45th day after the day the Commission makes the acquisition determination.

(2) Subject to subsections (3) and (5), the Tribunal must make its determination on a review of an acquisition determination under this Division no later than 90 days after the later of:

(a) the last day on which an application for review of the determination could have been made under subsection 100C(1); and

(b) the day the applicant gives to the Tribunal the additional information or documents required under subsection 100D(1).

Note: See also subsections 100M(3) and (4) if a public benefit application is made.

Extensions

(3) Before the end of the period within which the Tribunal must make its determination on the review (including that period as extended under subsection (5)), the Tribunal may, in writing, extend the period by 60 days.

(4) The Tribunal may extend the period under subsection (3) only once.

(5) If, during the period within which the Tribunal must make its determination on the review (including that period as extended under subsection (3)), the Tribunal is satisfied that the matter cannot be dealt with properly within the period because:

(a) of the matter’s complexity, or the volume of information, documents and evidence before the Tribunal in relation to the matter; or

(b) the Tribunal has allowed new information, documents or evidence under subsection 100S(2); or

(c) of other special circumstances;

the Tribunal may, in writing, extend the period by 90 days.

(6) The Tribunal may extend the period under subsection (5) of this section only once.

(7) If the Tribunal extends the period under subsection (3) or (5), the Tribunal must give a copy of the extension to each participant in the proceedings for review and to the Commission.