Section 51ABD — Competition and Consumer Act 2010: Internal restructures and reorganisations
Text of the provision Official document
(1) The acquisitions provisions do not apply to an acquisition that is, or is part of, a restructure or reorganisation of a group of persons who are related: (a) in the ways referred to in section 4A (related bodies corporate); or (b) by means of trust or partnership. (2) Paragraph (1)(a) applies as if: (a) the Commonwealth, a State or a Territory were a body corporate; and (b) each authority of the Commonwealth, a State or a Territory were a subsidiary of the Commonwealth, the State or the Territory. (3) However, for the purposes of paragraph (1)(a), subsection (2) does not affect when an authority of the Commonwealth, a State or a Territory is related to another authority of the Commonwealth, the State or the Territory.
Official source: Federal Register of Legislation
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