19Steps in acquisition by agreement

#### 19 Steps in acquisition by agreement (1) The principal steps in an acquisition by agreement are: (a) the making of a pre‑acquisition declaration under Part V; (b) any reconsideration or review of the pre‑acquisition declaration under Part V; (c) the authorisation of the acquisition under section 40; (d) the making of the agreement under Part VI; and (e) the taking of actions required by the agreement to complete the acquisition. (2) The making of a pre‑acquisition declaration is not required if: (a) the relevant interest is available in the market within the meaning of section 40; (b) the interest to be acquired is owned by another acquiring authority; or (c) a certificate has been given under section 24.