# The Merger References (Increase in Value of Assets) Order 1994, Note: Explanatory note


(This note is not part of the Order)
This Order increases from £30 million to £70 million the sum specified in section 64(1)(b) of the Fair Trading Act 1973. The Secretary of State may refer a merger to the Monopolies and Mergers Commission where, among other things, the value of the assets taken over exceeds the sum specified. The sum was previously increased, from £15 million, by the Merger References (Increase in Value of Assets) Order 1984 (S. I.1984/932).

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Source: https://www.legislation.gov.uk/uksi/1994/72/note (the official version)
Page: https://openlegislation.uk/merger-references-increase-in-value-of-assets-order-1994/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.