Section 51ABW — Competition and Consumer Act 2010: Notifications of acquisitions

(1) This section applies if the Commission is notified, in accordance with subsection 51ABX(1), of a proposed acquisition (whether or not the acquisition is required to be notified, and whether or not a previous notification of the acquisition has been made). Note: For the acquisitions to which this section applies, see Subdivision B of Division 1. (2) The acquisition is a notified acquisition. (3) The principal party that makes the notification, or each of the principal parties that jointly make the notification, is a notifying party of the notification. (4) Subject to paragraph 51ABZ(1)(a), subsection 51ABZA(5) and subparagraph 51ABZB(2)(a)(i), the effective notification date of the notification is the day the notification is made. (5) The Commission must give the notifying party, or at least one of the notifying parties, written notice: (a) that the Commission has received the notification; and (b) of the effective notification date.