Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Act 2025 (72 of 2025)

Schedule 5   Machinery and other technical amendments

Part 1   Amendments commencing day after Royal Assent

Division 1   Notification of acquisitions

Competition and Consumer Act 2010

6   At the end of Subdivision A of Division 2 of Part IVA

Add:

51ABRA Circumstances in which acquisitions are not required to be notified

(1) The Minister may, by legislative instrument, determine circumstances for the purposes of subparagraph 51ABO(c)(i) in relation to an acquisition.

(2) Without limiting subsection (1) of this section, the Minister may determine circumstances under that subsection that existed to any extent, or that relate to something that occurred, before 1 January 2026.

(3) To avoid doubt, an instrument made under subsection (1) does not affect the meaning of substantially lessening competition .

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 .