Competition Act, 1998 (Act No. 89 of 1998)NoticesDetermination of thresholds in terms of Section 11(1)\Method of Calculation4. Combined valuation of firms |
| 1) | If the acquiring firm is a subsidiary of a group of companies as contemplated in the Companies Act, 1973 (Act No. 61 of 1973) for the purposes of calculations required in terms of this notice— |
| a) | the combined assets of the firms that are part of that group, and the combined turnover of those firms, must be consolidated; |
| b) | the consolidated assets and turnover of the group are to exclude turnover or assets arising as a result of transactions by one part of the group with another part of the same group. |
| 2) | If the target firm controls any other firm or business for the purposes of calculations required in terms of this notice— |
| a) | the combined assets of those firms and businesses, and their combined turnover, must be consolidated; and |
| b) | the consolidated assets and turnover of the group are to exclude turnover or assets arising as a result of transactions by one part of the group with another part of the same group. |