Section 45AW — Competition and Consumer Act 2010 (Cth)

A person contravenes this section if:

(a) the person is a principal party to an acquisition; and

(b) the acquisition is required to be notified; and

(c) the acquisition is put into effect; and

(d) when the acquisition is put into effect:

(i) the acquisition is not a notified acquisition; or

(ii) no notification of the acquisition has an effective notification date (see section 51ABZ); or

(iii) the latest notification of the acquisition that has an effective notification date is stale.

Note 1: For when an acquisition is required to be notified, see Division 2 of Part IVA.

Note 2: For when an acquisition is stale, see section 51ABG.

Note 3: For enforcement, see Part VI.

Related sections

• s 45AT — Acquisition of shares or assets
• s 45AU — Collective acquisition of goods or services by the parties to a contract, arrangement or understanding
• s 45AV — Purportedly putting acquisitions into effect
• s 45AX — Commission must be notified of material changes of fact in relation to notified acquisitions
• s 45AY — Stayed acquisitions must not be put into effect
• s 45AZ — Conditions must be complied with

Research how courts apply s 45AW

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