New Zealand Gazette – 1977 – No. 55

Page 1441

✨ Commerce Act Notice



No. 55 1441

SUPPLEMENT
TO THE
NEW ZEALAND GAZETTE
OF
THURSDAY, 12 MAY 1977
Published by Authority
WELLINGTON: THURSDAY, 12 MAY 1977

Commerce Act 1975—
Note: Notice of Intention of Examiner of Commercial Practices to Report to the Commerce Commission on merger or takeover proposal
WHEREAS, pursuant to section 68 of the Commerce Act 1975,
written notice of the merger or takeover proposal described in the Schedule hereto was given to me and duly registered by me on the 7th day of March 1977:
And whereas I formed the provisional view that the proposal is likely to be contrary to the public interest:
And whereas in accordance with section 69 (5) of the Commerce Act 1975, I then invited the person on whose behalf the notice was given and the other persons who, in my opinion, are the participants in the proposal to make written representations to me:
And whereas, for the purpose of giving all of those persons an adequate opportunity to make representations to me and of enabling me to give consideration to any written representations made, I duly extended until the 13th day of May 1977, in accordance with section 69 (6) of the Commerce Act 1975, the period prescribed in section 69 (1) of that Act, being the period within which I am empowered to consent to the proposal or to notify my intention to report to the Commerce Commission in the matter of the proposal after full investigation in terms of section 74 of that Act:

Now, therefore, pursuant to section 69 (2) of the Commerce Act 1975, I, Allan Edward Monaghan, Examiner of Commercial Practices, remaining of the provisional view that the proposal described in the Schedule hereto is likely to be contrary to the public interest, hereby give notice of my intention to report to the Commerce Commission in the matter of that proposal after full investigation in terms of section 74 of the Commerce Act 1975.

SCHEDULE
The proposal that L. D. Nathan & Co. Limited and Ballins Industries Limited each acquire from Corbans Holdings Limited 25 percent of the capital of A. A. Corban & Sons Limited.
Dated at Wellington this 12th day of May 1977.
ALLAN EDWARD MONAGHAN,
Examiner of Commercial Practices.
By his duly authorised delegate:
G. D. STRINGER. Assistant Director.
Consumer Services and Commercial Practices Division.
Department of Trade and Industry.

Price 10c BY AUTHORITY: E. C. KEATING, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1977


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✨ LLM interpretation of page content

🏭 Notice of Intention to Report on Merger or Takeover Proposal

🏭 Trade, Customs & Industry
12 May 1977
Commerce Act, Merger, Takeover, Public Interest, Commerce Commission
  • Allan Edward Monaghan, Examiner of Commercial Practices
  • G. D. Stringer, Assistant Director, Consumer Services and Commercial Practices Division