Document ID: chunk:federal_register_of_legislation:C2021C00453:clause:6_39
Version: federal_register_of_legislation:C2021C00453
Segment Type: clause
Provision Reference: sch 6 cl 39
Character Range: 62709–63954

39  Transitional support payments
(1) If:
 (a) a company is specified in the table set out in item 40; and
 (b) at the start of the designated day for an eligible financial year, the company held:
 (i) a commercial television broadcasting licence; or
 (ii) a commercial radio broadcasting licence; and
 (c) the Secretary is satisfied that it is likely that company will hold:
 (i) a commercial television broadcasting licence; or
 (ii) a commercial radio broadcasting licence;
  throughout the period:
 (iii) beginning at the start of the designated day; and
 (iv) ending at the end of the financial year; and
 (d) the company has not given the Secretary a notice under subitem (2);
the Secretary must:
 (e) determine, in writing, that the amount specified in the table opposite the name of the company is payable by the Commonwealth to the company by way of financial assistance in respect of the financial year; and
 (f) do so on, or as soon as practicable after, the designated day for the financial year.
(2) A company may, before 1 November 2017, give the Secretary a written notice stating that the company does not want to receive any payments under this item.
(3) A determination made under subitem (1) is not a legislative instrument.