Legislation on mergers
Primary legislation on mergers
The main provisions about mergers and acquisitions are set out in:
- Part 3, and
- Part 3A
of the Competition Act 2002, as amended (the Act).
Part 3 of the Act was amended by the Competition and Consumer Protection Act 2014. This Act also adds a new Part 3A into the 2002 Act. More recently, Part 3 was amended by the Competition (Amendment) Act 2022.
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 (PDF) in relation to the notification fee
- S.I. No. 122 of 2007 (PDF) in relation to media mergers
- S.I. No. 388 of 2018 (PDF) in relation to financial thresholds for mandatory notification