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

Notices

Determination of Merger Thresholds and Method of Calculation

Part B : Method of Calculation

9. Form of financial statements
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(1)Financial statements used as a basis for calculating assets or turnover of a firm must—

(a)        be the firm's audited financial statements for the end of the immediately previous year prior to the merger, if,—

(i)        in terms of any law, the firm is required to produce such statements, or

(ii)        the firm has audited statements for the relevant period; or

(b)otherwise, be financial statements of the firm for the end of the immediately previous financial year prior to the merger which have been prepared in accordance with IFRS principles.

 

COMPETITION FORMS

 

Competition Forms may be collected from the Competition Commission or Competition Tribunal. Alternatively, please call the Commission at (012) 394-3200 or download the forms from Competition Commission's website at www.compcom.co.za

 

Competition Commission forms may also be electronically submitted

 

 

[Section 9 substituted by  Notice No. 1254, GG 41245, dated 10 November 2017]