Clause 2

by inserting, immediately before the definition of “block exemption”, the following definition:“ “anticipated merger” means an arrangement that is in progress or contemplation and that, if carried into effect, will result in the occurrence of a merger referred to in section 54(2);”;

by deleting the definition of “merger”; and

by deleting the definition of “party involved in a merger” and substituting the following definitions:“ “party involved in a merger” means a person or an undertaking specified in section 54(2) and includes the merged entity;“party to an anticipated merger” means a person or an undertaking which would be a person or an undertaking specified in section 54(2) if the anticipated merger were carried into effect;”.