February 24, 2012
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Merger notification threshold change: simplified filing categories and expanded exemptions streamline mandatory notification and form requirements.
Amendments to the Combination Regulations raise the cumulative shareholding/voting notification threshold, exempt wholly owned intra-group mergers, include certain buy-backs and rights-issue subscriptions in Schedule I, broaden authorized signatories to include the company secretary, simplify and unify Form I with added asset and turnover disclosures, preserve the option to file Form II for significant overlaps, introduce attribution of assets and turnover for Section 5 calculations, allow belated Form III filings with documentary requirements, and increase filing fees while requiring a brief summary with notices.