Competition and Consumer Act 2010
51ABRBClasses of acquisitions that are not required to be notified
Start here
Get a plain-English read of 51ABRB
Turn the raw legal text into a practical explanation grounded in Competition and Consumer Act 2010.
51ABRB Classes of acquisitions that are not required to be notified
(1) The Minister may, by legislative instrument, determine a class of acquisitions for the purposes of subparagraph 51ABO(c)(ii).
(2) Without limiting subsection (1) of this section, the Minister may determine a class of acquisitions under that subsection wholly or partly by reference to:
(a) a party, or a class of parties, to an acquisition or to a contract, arrangement or understanding; or
(b) an asset or a class of assets; or
(c) a business or a class of businesses; or
(d) a market or a class of markets; or
(e) an industry or a class of industries; or
(f) another acquisition, or a class of acquisitions.
(3) To avoid doubt, an instrument made under subsection (1) does not affect the meaning of substantially lessening competition.