45AWCommission must be notified of acquisitions

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.