Document ID: chunk:federal_register_of_legislation:F2024C01235:reg:1
Version: federal_register_of_legislation:F2024C01235
Segment Type: reg
Provision Reference: reg 1
Character Range: 153963–155290

1                                              section 55 of this instrument (acquiring a direct interest in an entity or business carrying on an Australian media business) applies to the action.                                                   (a) the foreign person no longer holds an interest of any percentage in the entity or business mentioned in section 55; or
                                                                                                                                                                                                                                                      (b) the Australian media business ceases to be an Australian media business; or
                                                                                                                                                                                                                                                      (c) the Australian media business ceases to be carried on; or
                                                                                                                                                                                                                                                      (d) in the case of a direct interest in an entity—the entity ceases to exist.