Document ID: chunk:federal_register_of_legislation:C2024A00137:clause:1_82
Version: federal_register_of_legislation:C2024A00137
Segment Type: clause
Provision Reference: sch 1 cl 82
Character Range: 174076–174949

82  Subsection 248(2)
Repeal the subsection, substitute:
 (2) Subsections (2A) and (2B) apply if:
 (a) a person directly or indirectly acquires shares in either or both of the following:
 (i) the airport‑lessee company for Sydney (Kingsford‑Smith) Airport;
 (ii) the airport‑lessee company for Sydney West Airport; and
 (b) the acquisition has the effect that those companies become subsidiaries of another company.
 (2A) For the purposes of section 50 of the Competition and Consumer Act 2010 and the acquisitions provisions (within the meaning of that Act), that effect, when considered in isolation from any other effect of the acquisition, does not, and is not likely to, substantially lessen competition in any market.
 (2B) That acquisition is not required to be notified under Division 2 of Part IVA of the Competition and Consumer Act 2010.

Corporations Act 2001