We need to file a merger notification, but the current Notifiable Transactions Regulations relate to the Competition Act before it was amended. What do we do?
The Notifiable Transactions Regulations are in the process of being amended, and were pre-published in the Canada Gazette on April 4, 2009 for a 60-day comment period. Until regulations are in force, parties filing merger notifications should continue to use the existing short form reflecting information required under section 16 of the current Regulations. The Bureau will also continue to accept long form notifications that parties wish to file. Either form of notification will trigger the 30-day waiting period found in the amended subsection 123(1).
