---
title: "Legal due diligence request list (share or asset acquisition)"
url: "https://ailawframework.com/precedents/mergers-and-acquisitions-private-equity/legal-due-diligence-request-list"
type: "precedent"
site: "AI Law Framework"
id: "a2-legal-due-diligence-request-list"
area_id: "A2"
kind: "checklist"
ai_level: "green"
version: 1
law_stated_as_at: "2026-10-17"
---

# Legal due diligence request list (share or asset acquisition)

> Numbered request list for legal due diligence on an Australian share or asset acquisition, covering merger and foreign investment screening, contracts, employees, IP, privacy, AI systems, finance and disputes.

Canonical page: https://ailawframework.com/precedents/mergers-and-acquisitions-private-equity/legal-due-diligence-request-list  
Law stated as at: 2026-10-17

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

- Kind: Checklist. Steps or checks to work through and tick off.
- Practice area: [Mergers & Acquisitions / Private Equity](https://ailawframework.com/precedents/mergers-and-acquisitions-private-equity.md)
- Jurisdictions: Australia
- AI level: Green. AI can do most of the drafting. A lawyer still reviews the result.
- Law stated as at: 2026-10-17
- Status: Maintained. Checked on 2026-10-17 against the 7 authorities it cites, for Australia.

## When to use it

Use at the start of a buy-side process to ask the seller for documents and information. Trim it to the deal’s size, sector and structure; a long generic list slows the process. Not a substitute for scoping materiality thresholds with the client.

## How AI may be used

AI may tailor the list to the sector and structure and map it to the data room index. A lawyer sets the scope, period and materiality thresholds.

**AI may:**

- Tailor and shorten the list for the target’s sector, size and the deal structure
- Map request numbers to the data room index and flag requests with no documents uploaded
- Draft follow-up requests from gaps found in the data room

**AI must not:**

- Must not set materiality thresholds or decide that an area is out of scope
- Must not send requests to the seller without lawyer approval
- Must not process data room documents in a tool the data room rules or NDA do not permit

**The lawyer checks:**

- Scope, review period and materiality thresholds agreed with the client and recorded
- Merger notification and foreign investment information requested early enough for the timetable
- Requests consistent with the confidentiality agreement and any clean team rules

## Authorities

- [Corporations Act 2001 (Cth) Ch 6 (takeovers) and Pt 5.1 (schemes of arrangement)](https://www.legislation.gov.au/C2004A00818/latest/text)
- [Competition and Consumer Act 2010 (Cth) Pt IVA, ss 51ABO, 51ABP (mandatory notification of acquisitions from 1 January 2026)](https://www.legislation.gov.au/C2004A00109/latest/text)
- [Foreign Acquisitions and Takeovers Act 1975 (Cth)](https://www.legislation.gov.au/C2004A01402/latest/text)
- [Personal Property Securities Act 2009 (Cth)](https://www.legislation.gov.au/C2009A00130/latest/text)
- [Fair Work Act 2009 (Cth) Pt 2-8 (transfer of business)](https://www.legislation.gov.au/C2009A00028/latest/text)
- [Privacy Act 1988 (Cth) Sch 1, APPs 1, 6, 8 and 11; s 26WE](https://www.legislation.gov.au/C2004A03712/latest/text)
- [Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) s 6(5B) table 6 item 2](https://www.legislation.gov.au/C2006A00169/latest/text)

## Full text and drafting notes

The full text and the drafting notes are not part of this public page. Signed-in firm accounts can read them at https://ailawframework.com/precedents/mergers-and-acquisitions-private-equity/legal-due-diligence-request-list and through the signed-in MCP connector https://ailawframework.com/mcp/firm.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*