(1) The notice to the Attorney General required by ORS § 65.803 must be accompanied by any application fee imposed under ORS § 65.813 (3) and must contain a detailed statement describing the proposed transaction along with any other information the Attorney General requires by rule.

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(2)(a) Upon a showing satisfactory to the Attorney General by a party to the proposed transaction, any material required to be submitted to the Attorney General under subsection (1) of this section is a trade secret under ORS § 192.345. The Attorney General shall classify the material as confidential and the material shall not be disclosed except as provided in paragraph (b) of this subsection unless the Attorney General determines that the material is necessary to the determination of an issue being considered at a public hearing as provided in ORS § 65.807.

(b) To the extent that the material, or any portion thereof, would otherwise qualify as a trade secret under ORS § 192.345, no action taken by the Attorney General, any authorized employee of the Department of Justice or any expert or consultant employed pursuant to ORS § 65.813 in inspecting or reviewing such information shall affect its status as a trade secret. [1997 c.291 § 4]