Document ID: chunk:federal_register_of_legislation:F2024L01651:reg:80
Version: federal_register_of_legislation:F2024L01651
Segment Type: reg
Provision Reference: reg 80
Character Range: 101572–102115

80  Application—initial large grocery businesses

        (1) Treat a corporation as being required to comply with subsection 45(1) if:
           (a) on 1 April 2025, it is a retailer or wholesaler; and
           (b) its total covered revenue, worked out under section 8, exceeds $5 billion for the 2023‑2024 financial year.

        (2) Treat the corporation as having complied with that requirement if it notifies the Commission, in writing and within 5 business days after 1 April 2025, that the corporation is a large grocery business.