Requirement to notify changes in control
63 Requirement to notify changes in control
Notification by licensee—general
If a commercial television broadcasting licensee or a commercial radio broadcasting licensee becomes aware that:
a person who was not in a position to exercise control of the licence has become in a position to exercise control of the licence; or
a person who was in a position to control the licence has ceased to be in that position;
the licensee must, within 10 business days after becoming so aware, notify the ACMA in writing of that event.
The details are to be provided in a form approved in writing by the ACMA.
Notification by publisher of newspaper
If the publisher of a newspaper that is associated with the licence area of a commercial television broadcasting licence or a commercial radio broadcasting licence becomes aware that:
a person who was not in a position to exercise control of the newspaper has become in a position to exercise control of the newspaper; or
a person who was in a position to control the newspaper has ceased to be in that position;
the publisher of the newspaper must, within 10 business days after becoming so aware, notify the ACMA in writing of that event.
The details are to be provided in a form approved in writing by the ACMA.
Offence
A person commits an offence if:
the person is subject to a requirement under subsection (1) or (3); and
the person omits to do an act; and
the omission breaches the requirement.
Penalty for contravention of this subsection:
if the breach relates to a commercial television broadcasting licence or a newspaper—500 penalty units; or
otherwise—50 penalty units.
This Act’s bill:Second reading speech
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