Document ID: chunk:federal_register_of_legislation:C2025C00185:section:823r
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 823R
Character Range: 3207111–3207916

823R  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.

Subdivision F—Other matters relating to Reserve Bank directions