Document ID: chunk:federal_register_of_legislation:C2006A00131:clause:1_53
Version: federal_register_of_legislation:C2006A00131
Segment Type: clause
Provision Reference: sch 1 cl 53
Character Range: 85237–85854

53  Transitional

(1) A person cannot make an application (the new application), after the commencement of this item, for an authorisation under Division 3 of Part VII of the Trade Practices Act 1974 in relation to an acquisition of shares or assets if, before the commencement of this item, the person made an application (the old application) under subsection 88(9) of that Act for an authorisation in relation to the acquisition.

(2) However, the person can make the new application if:
 (a) the Commission has not made a determination on the old application; and
 (b) the person withdraws the old application.