Prohibition of transactions that result in an unacceptable media diversity situation coming into existence—offence
61AG Prohibition of transactions that result in an unacceptable media diversity situation coming into existence—offence
A person commits an offence if:
one or more transactions take place on or after the commencement day; and
the transactions have the result that:
an unacceptable media diversity situation comes into existence in relation to the licence area of a commercial radio broadcasting licence; or
if an unacceptable media diversity situation already exists in relation to the licence area of a commercial radio broadcasting licence—there is a reduction in the number of points in the licence area; and
the person was:
a party to the transactions; or
in a position to prevent the transactions taking place; and
the ACMA has not approved the transactions under section 61AJ.
Penalty: 20,000 penalty units.
This Act’s bill:Second reading speech
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