Commonwealth Numbered Acts

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TRADE PRACTICES (TRANSFER OF MARKET DOMINANCE) AMENDMENT ACT 1986 No. 8 of 1986 - SECT 3

Mergers and other acquisitions
3. Section 50 of the Principal Act is amended by inserting before sub-section
(3) the following sub-section:

"(2C) This section does not apply to the acquisition by a person of any shares
in the capital, or any assets, of a body corporate where-

   (a)  before the acquisition, the body corporate was in a position to
        dominate a market for goods or services; and

   (b)  as a result of the acquisition, the person is not, and is not likely
        to be, in a stronger position to dominate that market.". 


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