Treasury Laws Amendment (Mergers and Acquisitions Reform) Act 2024 (137 of 2024)

Schedule 1   Acquisitions

Part 2   Amendments commencing 1 July 2025

Division 1   Amendment of the Competition and Consumer Act 2010

Competition and Consumer Act 2010

20   Section 37

Repeal the section, substitute:

37 Constitution of Tribunal for particular matters

For the purpose of hearing and determining proceedings, the Tribunal must be constituted by a Division of the Tribunal consisting of:

(a) in any case - a presidential member of the Tribunal and 2 members of the Tribunal who are not presidential members; or

(b) if the proceedings are proceedings on a review under Division 1A of Part IX - a presidential member of the Tribunal.