Document ID: chunk:federal_register_of_legislation:F2018L00366:reg:7:p2
Version: federal_register_of_legislation:F2018L00366
Segment Type: reg
Provision Reference: reg 7 (pt 2/2)
Character Range: 8216–9027

(a).

    (7)   Each Form of Authority must relate to the authorisation of only one agent.

       Form of Indemnity and Guarantee

       (8)   The ACMA may approve a Form of Indemnity and Guarantee in the form of a deed that will, when completed, give the ACMA:
           (a)   an indemnity by an applicant against any loss or costs that the ACMA may suffer or incur as a result of any act, default or omission by the applicant or its authorised agent at any stage during an allocation of the commercial broadcasting licence that is mentioned in the Form; and
           (b)   if the applicant is a company or incorporated association — a similar indemnity by a director or office-bearer of the applicant in case the applicant is called on to perform its obligations under its indemnity and fails to do so.