51ABZNotifications that are materially incomplete or misleading—consequences of Commission’s decisions

51ABZ Notifications that are materially incomplete or misleading—consequences of Commission’s decisions

(1) If the Commission makes a decision under subsection 51ABY(1) in relation to a notification of an acquisition:

(a) the notification is taken never to have had an effective notification date; and

(b) the Commission must give to the notifying party of the notification of the acquisition written notice of:

(i) the decision; and

(ii) the grounds on which the Commission is satisfied that subsection 51ABY(2) applies to the notification.

Note: For review of the decision, see section 51ABZZG.

(2) 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.