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StatuteCompetition and Consumer Act 2010

Section 51ABP — Competition and Consumer Act 2010: Notification thresholds

Text of the provision Official document

(1) The Minister may, by legislative instrument, determine circumstances for the purposes of subparagraph 51ABO(b)(i) in relation to an acquisition. (2) The circumstances must be determined wholly or partly by reference to the acquisition meeting a specified threshold. (3) Without limiting subsection (2) of this section, the specified threshold may be a threshold relating to: (a) the value of an acquisition or of a contract, arrangement or understanding; or (b) the turnover of a person, a business or part of a business; or (c) the level of concentration in a market; or (d) any assets of a person. (4) To avoid doubt, an instrument made under subsection (1) does not affect the meaning of substantially lessening competition.

Official source: Federal Register of Legislation

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