COMPETITION AND CONSUMER ACT 2010 - SECT 52H Revocation of registration or endorsement--general

COMPETITION AND CONSUMER ACT 2010 - SECT 52H

Revocation of registration of news business

  (1)   The ACMA may revoke the registration of a registered news business if the ACMA considers that one or more of the news sources that form part of the registered news business form part of another registered news business.

  (2)   The ACMA may revoke the registration of a registered news business if the ACMA considers that any of the following requirements are not met in relation to the news business:

  (a)   the requirement in subsection   52N(1) (the content test);

  (b)   the requirement in subsection   52O(1) (the Australian audience test);

  (c)   the requirement in subsection   52P(1) (the professional standards test).

  (3)   The ACMA may revoke the registration of a registered news business if there is no registered news business corporation that is endorsed as the registered news business corporation for the news business.

Revocation of registration of corporation

  (4)   The ACMA may revoke the registration of a registered news business corporation if the ACMA considers that the corporation does not meet the requirement in subsection   52M(1) (the revenue test).

  (5)   The ACMA may revoke the registration of a registered news business corporation if the corporation is not endorsed as the registered news business corporation for at least one registered news business.

Revocation of registration of endorsement of corporation for news business

  (6)   The ACMA may revoke the endorsement of a registered news business corporation as the registered news business corporation for a registered news business if the ACMA considers that the corporation does not meet the requirement in section   52L (connection between corporation and news business) in relation to the registered news business.

  (7)   To avoid doubt, the ACMA may revoke the endorsement of a registered news business corporation as the registered news business corporation for a registered news business at the same time as it endorses another registered news business corporation as the registered news business corporation for the registered news business.

Example:   A registered news business corporation (the selling corporation ) sells a registered news business to another corporation. The other corporation applies under section   52G for registration as a registered news business corporation and for endorsement as the registered news business corporation for the registered news business. The ACMA grants the application at the same time as revoking the endorsement of the selling corporation as the registered news business corporation for the registered news business.