The applicant may, by notice in writing to the Commission, withdraw the application at any time.

Inserted by Trade Practices Legislation Amendment Act (No 1) 2006 (Act 131 of 2006)

Division 3 of Part VII of the Act was introduced in 2006 following recommendations by the Dawson Committee. Subdivision B allows parties to apply for 'formal clearance' of their mergers. There is no mandatory pre-merger notification regime operating in Australia and the ACCC may still provide informal advice to parties regarding the legality of their proposed merger.

See mergers page.