Document ID: chunk:federal_register_of_legislation:C2025C00023:section:61azd:p1
Version: federal_register_of_legislation:C2025C00023
Segment Type: section
Provision Reference: s 61AZD (pt 1/2)
Character Range: 226701–229357

61AZD  Conditional transactions

Entry of media group
 (1) If:
 (a) a person is a party to a proposed transaction; and
 (b) the proposed transaction is subject to the condition that the ACMA enters a proposed media group in the Register; and
 (c) the person requests the ACMA to assume, for the purposes of this Subdivision, that the proposed transaction:
 (i) had been completed; and
 (ii) were not subject to that condition; and
 (d) the ACMA is satisfied that:
 (i) the parties to the proposed transaction are acting in good faith; and
 (ii) if the media group were to be entered in the Register on the basis of the assumption mentioned in paragraph (c)—the proposed transaction will be completed within 5 business days after the making of the relevant entry in the Register;
then, for the purposes of this Subdivision, the ACMA may make the assumption mentioned in paragraph (c).

Removal of entry of media group
 (2) If:
 (a) a person is a party to a proposed transaction; and
 (b) the proposed transaction is subject to the condition that the ACMA removes a media group's entry from the Register; and
 (c) the person requests the ACMA to assume, for the purposes of this Subdivision, that the proposed transaction:
 (i) had been completed; and
 (ii) were not subject to that condition; and
 (d) the ACMA is satisfied that:
 (i) the parties to the proposed transaction are acting in good faith; and
 (ii) if the media group's entry were to be removed from the Register on the basis of the assumption mentioned in paragraph (c)—the proposed transaction will be completed within 5 business days after the removal of the relevant entry from the Register;
then, for the purposes of this Subdivision, the ACMA may make the assumption mentioned in paragraph (c).

Alteration of entry of media group
 (3) If:
 (a) a person is a party to a proposed transaction; and
 (b) the proposed transaction is subject to the condition that the ACMA alters a media group's entry in the Register; and
 (c) the person requests the ACMA to assume, for the purposes of this Subdivision, that the proposed transaction:
 (i) had been completed; and
 (ii) were not subject to that condition; and
 (d) the ACMA is satisfied that:
 (i) the parties to the proposed transaction are acting in good faith; and
 (ii) if the media group's entry in the Register were to be altered on the basis of the assumption mentioned in paragraph (c)—the proposed transaction will be completed within 5 business days after the making of the relevant alteration in the Register;
then, for the purposes of this Subdivision, the ACMA may make the assumption mentioned in paragraph (c).

Requests
 (4) A