BROADCASTING SERVICES ACT 1992 - SECT 74G Notification by a person who ceases to be a foreign stakeholder in an Australian media company

BROADCASTING SERVICES ACT 1992 - SECT 74G

  (1)   If a person who was a foreign stakeholder in an Australian media company has ceased to be a foreign stakeholder in the company, the person must, within 30 days after the cessation, notify the ACMA in writing of:

  (a)   the cessation; and

  (b)   the circumstances that resulted in the cessation.

Civil penalty provision

  (2)   Subsection   (1) is a civil penalty provision.

  (3)   A person who contravenes subsection   (1) commits a separate contravention of that subsection in respect of each day (including a day of the making of a relevant civil penalty order or any subsequent day) during which the contravention continues.

Designated infringement notice provision

  (4)   Subsection   (1) is a designated infringement notice provision.

Self - incrimination

  (5)   A person is not required to notify information under subsection   (1) if the information might tend to incriminate the person or expose the person to a penalty.