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BROADCASTING SERVICES ACT 1992 - SECT 61AG Prohibition of transactions that result in an unacceptable media diversity situation coming into existence--offence

BROADCASTING SERVICES ACT 1992 - SECT 61AG

Prohibition of transactions that result in an unacceptable media diversity situation coming into existence--offence

    A person commits an offence if:

  (a)   one or more transactions take place on or after the commencement day; and

  (b)   the transactions have the result that:

  (i)   an unacceptable media diversity situation comes into existence in relation to the licence area of a commercial radio broadcasting licence; or

  (ii)   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

  (c)   the person was:

  (i)   a party to the transactions; or

  (ii)   in a position to prevent the transactions taking place; and

  (d)   the ACMA has not approved the transactions under section   61AJ.

Penalty:   20,000 penalty units.

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