Pre-merger notification interpretation guideline number 3 : exemptions for acquisitions in the ordinary course of business (paragraph 111(a) of the Act).: Iu54-35/3-2011E-PDF
"In determining whether an acquisition of real property or goods is exempt under paragraph 111(a) of the Act, the first step is to determine whether the proposed acquiror will, as a result of the acquisition, hold all or substantially all of the assets of a business or of an operating segment of a business. If the assets being sold constitute all or substantially all of the assets of a business or of an operating segment of a business, the exemption in paragraph 111(a) is not available, regardless of whether the transaction is in the ordinary course of business. If the assets do not constitute all or substantially all of the assets of a business or of an operating segment of a business, then the transaction will be exempt if it is in the ordinary course of business"--Policy, p. 3.
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| Department/Agency | Canada. Industry Canada. Canada. Competition Bureau. |
|---|---|
| Title | Pre-merger notification interpretation guideline number 3 : exemptions for acquisitions in the ordinary course of business (paragraph 111(a) of the Act). |
| Variant title | Exemptions for acquisitions in the ordinary course of business (paragraph 111(a) of the Act). |
| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "2011-06-20." Title from cover. Issued also in HTML format. The copy has been replaced on Aug. 1, 2018 as requested by the issuing department. "This publication replaces the following Competition Bureau publication: Enforcement Guidelines — Interpretation Guidelines #3: Paragraph 111(a). Exemptions for Acquisitions in the Ordinary Course of Business, May 2001." Issued also in French under title: Avis d'interprétation no 3 sur les préavis de fusion : alinéa 111a) de la Loi. Exceptions visant les acquisitions réalisées dans le cours normal des affaires. Includes bibliographical references. |
| Publishing information | Gatineau, QC : Competition Bureau, 2011. |
| Description | 7 p. |
| ISBN | 978-1-100-18849-2 |
| Catalogue number |
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| Departmental catalogue number | 60913 |
| Subject terms | Mergers Acquisitions (Businesses) Legislation |