Document ID: chunk:federal_register_of_legislation:C2025C00023:section:61an:p3
Version: federal_register_of_legislation:C2025C00023
Segment Type: section
Provision Reference: s 61AN (pt 3/3)
Character Range: 209044–209655

in the direction must be 2 years.
 (8) If the ACMA is satisfied that the person acted flagrantly in breach of section 61AG or 61AH, the period specified in the direction must be one month.
 (9) The Parliament recognises that, if a period of one month is specified in a direction, the person to whom the direction is given or another person may be required to dispose of shares or interests in shares in a way, or otherwise make arrangements, that could cause the person a considerable financial disadvantage. Such a result is seen as necessary in order to discourage flagrant breaches of sections 61AG and 61AH.