Section 80AD — Competition and Consumer Act 2010: Injunctions if acquisition determinations made on the basis of false or misleading information
Text of the provision Official document
If, on the application of the Commission, the Federal Court is satisfied that: (a) a person is proposing to put an acquisition into effect; and (b) the Commission made an acquisition determination under paragraph 51ABZE(1)(a) or 51ABZW(1)(a) in respect of a notification of the acquisition on the basis of information that was false or misleading in a material particular; and (c) the information was material to the Commission making the determination; and (d) that information was given by: (i) the person; or (ii) if the person is a body corporate—a body corporate that was related to the person; and (e) apart from the determination, putting the acquisition into effect would contravene Subdivision B of Division 1A of Part IV; then the Court may grant an injunction in such terms as the Court determines to be appropriate.
Official source: Federal Register of Legislation
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