Treasury Laws Amendment (Mergers and Acquisitions Reform) Act 2024 (137 of 2024)

Schedule 1   Acquisitions

Part 2   Amendments commencing 1 July 2025

Division 2   Other amendments

Radiocommunications Act 1992

96   At the end of section 286

Add:

Interaction with acquisitions provisions of the Competition and Consumer Act 2010

(9) For the purposes of applying this section in relation to an application to transfer an apparatus licence, a day is not counted if:

(a) the transfer is a notified acquisition (within the meaning of the Competition and Consumer Act 2010); and

(b) the day occurs on or after the effective notification date (within the meaning of that Act) of the latest notification of the acquisition; and

(c) on that day:

(i) the notification has not been finally considered (within the meaning of that Act); and

(ii) the Commission has not decided to cease considering the latest notification of the acquisition under section 51ABZD of that Act.