[Code of Federal Regulations]
[Title 16, Volume 1]
[Revised as of January 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 16CFR802.42]

[Page 610]
 
                     TITLE 16--COMMERCIAL PRACTICES
 
                   CHAPTER I--FEDERAL TRADE COMMISSION
 
PART 802_EXEMPTION RULES--Table of Contents
 
Sec. 802.42  Partial exemption for acquisitions in connection with 
the formation of certain joint ventures or other corporations.

    (a) Whenever one or more of the contributors in the formation of a 
joint venture or other corporation which otherwise would be subject to 
the requirements of the act by reason of Sec. 801.40 are exempt from 
these requirements under section 7A(c)(8), any other contributor in the 
formation which is subject to the act and not exempt under section 
7A(c)(8) need not file a Notification and Report Form, provided that no 
less than 30 days prior to the date of consummation any such contributor 
claiming this exemption has submitted an affidavit to the Federal Trade 
Commission and to the Assistant Attorney General stating its good faith 
intention to make the proposed acquisition and asserting the 
applicability of this exemption.
    (b) Persons relieved of the requirement to file a Notification and 
Report Form pursuant to paragraph (a) of this section remain subject to 
all other provisions of the act and these rules.

[48 FR 34436, July 29, 1983]