Document ID: chunk:federal_register_of_legislation:C2004A00700:clause:1_38b:p4
Version: federal_register_of_legislation:C2004A00700
Segment Type: clause
Provision Reference: sch 1 cl 38B (pt 4/4)
Character Range: 16257–17756

2 years after the commencement of the provision of the commercial television broadcasting service under the additional licence.

Restrictions on transfer of licences

 (22) During the period of 2 years after the date of allocation of an additional licence under subsection (5), any attempt by any person to transfer the additional licence is of no effect.

 (23) During the period of 2 years after the date of allocation of an additional licence under subsection (6), (7), (8) or (9), any attempt by any person to transfer either:
 (a) the additional licence; or
 (b) the parent licence concerned;
is of no effect unless both of those licences are transferred at the same time by the same person to the same transferee.

Section 37 restrictions apply

 (24) This section has effect subject to section 37.

Jointly owned company

 (25) For the purposes of this section, a company (the first company) is jointly owned by 2 other companies if, and only if, each share in the first company is beneficially owned by either or both of those other companies.

Designated time

 (26) In this section:

designated time, in relation to a licence area, means:
 (a) if the licence area is wholly outside a remote licence area (within the meaning of Schedule 4)—the commencement of this section; or
 (b) if any part of the licence area is within a remote licence area (within the meaning of Schedule 4)—the time determined by the ABA in relation to the remote licence area for the purposes of this paragraph.