Commonwealth Numbered Acts

RADIO LICENCE FEES (NATIONAL METROPOLITAN RADIO PLAN) ACT 1988 No. 144, 1988 - SECT 3

3. After section 6B of the Principal Act the following section is inserted:
Fee in respect of licence on conversion from AM to FM as part of the National
Metropolitan Radio Plan

"6C. (1) Where the Minister converts an AM commercial radio licence to FM
pursuant to an application made under section 89DAE of the Broadcasting Act,
there is payable in respect of the licence, upon the conversion, a fee of an
amount equal to the amount ascertained in accordance with the formula:
B-V where:
B is the amount of the bid made by the licensee, pursuant to paragraph 89DAE
(2) (c) of the Broadcasting Act, for conversion of the licence to FM; and
V is the transmission facilities value. 2

"(2) The amount of the deposit paid by the licensee pursuant to subsection
89DAE (8) of the Broadcasting Act in relation to the application shall be set
off against the licensee's liability for the fee imposed by subsection (1).".