Meaning of Australian content expenditure requirement
121FZL Meaning of Australian content expenditure requirement
The Australian content expenditure requirement for a major SVOD service for an SVOD reporting year (the relevant year) is an amount equal to 10% of the service’s total program expenditure for Australia for the relevant year.
However, if an election under subsection 121FZM(1) is in effect for the major SVOD service for the relevant year, the service’s Australian content expenditure requirement for the relevant year is instead an amount equal to 7.5% of the revenue derived by the service from Australia in the relevant year.
Revenue derived by a service from Australia may include, for example, revenue derived from:
paying subscribers in Australia; and
advertising to people in Australia.
The Australian content expenditure requirement for a regulated SVOD service that is not a major SVOD service for an SVOD reporting year is nil for that SVOD reporting year.
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