Recapitalisation directions—exceptions to Part IV of the Competition and Consumer Act 2010
For the purposes of subsection 51(1) of the Competition and Consumer Act 2010, the following things are specified and specifically authorised: (a) the acquisition of shares in a CS facility licensee as a direct result of: (i) the issue of the shares in compliance with a recapitalisation direction given to the licensee; or (ii) the exercise of a right to acquire the shares that was issued in compliance with such a recapitalisation direction; (b) the acquisition of other capital instruments as a direct result of the issue of those capital instruments in compliance with a recapitalisation direction given to a CS facility licensee.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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