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
73 At the end of section 45AT of Schedule 1
Add:
(3) Sections 45AF, 45AG, 45AJ and 45AK do not apply in relation to a contract, arrangement or understanding containing a cartel provision, in so far as the cartel provision provides for an acquisition, if the acquisition is a notified acquisition.
(4) A person who wishes to rely on subsection (3) bears an evidential burden in relation to that matter.
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