Commonwealth Numbered Acts

TRADE PRACTICES LEGISLATION AMENDMENT ACT 1992 No. 222 of 1992 - SECT 21

21.(1) Subject to this section, the merger amendments apply to any acquisition
that happens after the commencement of this Act.

(2) If at the commencement of this Act a proposed acquisition was the subject
of any court proceedings under the Principal Act in connection with the
operation of section 50 or 50A of the Principal Act, the Principal Act
continues to apply to the following acquisitions as if the merger amendments
had not been made:

   (a)  the proposed acquisition;

   (b)  any acquisition of the same shares or assets by a body corporate that,
        at the commencement of this Act, was related (within the meaning of
        the Principal Act) to a body corporate that was a party to the court
        proceedings.

(3) If, on 4 November 1992, a proposed acquisition was the subject of an
application for an authorisation under the Principal Act in connection with
the operation of section 50 or 50A of the Principal Act, the Principal Act
continues to apply to that acquisition as if the merger amendments had not
been made.
(4) In this section, "merger amendments" means the amendments made by sections
2, 3, 6, 7, 12, 14, 15 and 17 of this Act.