Document ID: chunk:federal_register_of_legislation:C2025C00165:section:13r
Version: federal_register_of_legislation:C2025C00165
Segment Type: section
Provision Reference: s 13R
Character Range: 144267–145054

13R  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 an ADI as a direct result of:
 (i) the issue of the shares in compliance with a recapitalisation direction given to the ADI; or
 (ii) the exercise of a right to acquire 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 the other capital instruments in compliance with a recapitalisation direction given to an ADI.

Subdivision B—Provisions dealing with control of a body corporate's business by a Banking Act statutory manager