Pub. L. 101-162, tit. VI, sec. 605

Pub. L. 101-162, tit. VI, sec. 605

EnactedYear: 1989Length: 134 wordsOfficial source
Sec. 605. Five working days after enactment of this Act and thereafter, the Federal Trade Commission shall assess and collect filing fees established at $20,000 which shall be paid by persons acquiring voting securities or assets who are required to file premerger notifications by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (15 U.S.C. 18a) and the regulations promulgated thereunder. For purposes of said Act, no notification shall be considered filed until payment of the fee required by this section. Fees collected pursuant to this section shall be divided evenly between and credited to the appropriations, Federal Trade Commission, “Salaries and Expenses” and Department of Justice, “Salaries and Expenses, Antitrust Division”: Provided, That fees in excess of $40,000,000 in fiscal year 1990 shall be deposited to the credit of the Treasury of the United States.
Pub. L. 101-162, tit. VI, sec. 605 | Justis AI