Commerce Act Sample Clauses

Commerce Act. 8.1 The Parties to this Deed shall investigate whether a Commerce Act 1986 section 58 authorisation is required in respect of any of the provisions of this Deed and until such investigation is completed, this Deed will not come into force. In no event shall the investigation under this clause last for a period greater than 10 Working Days (within the meaning of section 2(1) of the Commerce Act) from the date this Deed is signed. 8.2 If as the result of that investigation the Parties do not reach Consensus that an authorisation is not required, then application shall be made for that authorisation within 15 Working Days (within the meaning of section 2(1) of the Commerce Act) after this Deed is entered into, and those provisions in respect of which authorisation is required shall not come into force unless and until authorisation is granted to give effect to those provisions, but all other provisions will come into effect immediately after the investigation is completed. 8.3 If as a result of that investigation, it is agreed that no authorisation is required, then all provisions of this Deed shall come into force immediately after the investigation is completed. 8.4 If application is made for authorisation, the costs shall be borne by the Parties in the manner set out in Schedule x. 8.5 Nothing in this Deed affects the rights of any Party under the Commerce Act 1986 or the Fair Trading Act 1986.

Commerce Act. If ▇▇▇▇▇▇▇▇ receives notice from the Commerce Commission to the effect that that the Commerce Commission threatens to take, intends to take, or has taken, steps to prevent or delay the proposed Transaction, a clearance being given, or authorisation being granted, by the Commerce Commission under the Commerce Act 1986 for the proposed Transaction on terms acceptable to Meridian. None Meridian