Legislation on mergers
Primary legislation on mergers
The main provisions concerning mergers and acquisitions are set out in Part 3 and Part 3A of the Competition Act 2002, as amended.
The unamended text of the Competition Act 2002 is available here. It should be noted that Part 3 of the Competition Act 2002 has been extensively amended by the Competition and Consumer Protection Act 2014 (which also inserted a new Part 3A into the Competition Act 2002).
Other legislation which contains provisions relating to mergers and acquisitions includes:
Section 54 of the Credit Institutions (Stabilisation) Act 2010
Section 96 of the Central Bank and Credit Institutions (Resolution) Act 2011
Secondary legislation relating to mergers
The following relevant statutory instruments have been made under the Competition Act 2002:
- S.I. No. 623 of 2002 in relation to the notification fee
- S.I. No. 122 of 2007 in relation to media mergers
- S.I. No. 388 of 2018 in relation to financial thresholds for mandatory notification