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

76   After subsection 45(8A) of Schedule 1

Insert:

(8B) The making by a person of a contract is not a contravention of subsection (1) to the extent that the contract provides for an acquisition, if the contract is subject to a condition that the provision of the contract will not come into force unless and until the acquisition becomes a notified acquisition.

(8C) Nothing in subsection (8B) prevents the giving effect by a person to such a provision of a contract from constituting a contravention of subsection (1).