Competition Act, 1998 (Act No. 89 of 1998)

Notices

Determination of Merger Thresholds and Method of Calculation

Part B : Method of Calculation

5. International Financial Reporting Standards apply
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[Heading substituted by Notice No. 1254, GG 41245, dated 10 November 2017]

 

For the purposes of section 11 of the Act, the assets, and the turnover, of a firm in, into or from the Republic must be calculated in accordance with IFRS, subject to the provisions of this notice.

 

[Section 5 substituted by  Notice No. 1254, GG 41245, dated 10 November 2017]