# The Protection of Trading Interests (Australian Trade Practices) Order 1988, Note: Explanatory note


(This note is not part of the Order)
This Order specifies section 81 (1A) of the Australian Trade Practices Act 1974 for the purposes of section 5 (2) (b) of the Protection of Trading Interests Act 1980. Section 81 of the Trade Practices Act is concerned with the divestiture of assets acquired in contravention of the merger control provisions of that Act. Section 81 (1A) provides for an acquisition of shares to be declared void and the vendor to be ordered to refund the price paid for them. An overseas judgment based on a provision or rule of law specified or described for the purposes of section 5 (2) (b) of the 1980 Act is not enforceable in the United Kingdom.

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Source: https://www.legislation.gov.uk/uksi/1988/569/note (the official version)
Page: https://openlegislation.uk/protection-of-trading-interests-australian-trade-practices-order-1988/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.