Document ID: chunk:federal_register_of_legislation:C2004A02490:body:0:p34
Version: federal_register_of_legislation:C2004A02490
Segment Type: other
Provision Reference: 
Character Range: 83558–86278

of section 91B.
"(10) The Tribunal may at any time, in its discretion, upon application by the registered lender or, subject to sub-section (11), of its own motion, by notice in writing served on the person concerned, cancel the registration of a registered lender.
"(11) Where the Tribunal proposes to cancel the registration of a registered lender of its own motion, it shall serve a notice in writing on the registered lender stating its intention and inviting him to lodge with the Tribunal within a specified period, being not less than 14 days after the date of service of the notice, a submission in writing stating why the registration should not be cancelled, and the Tribunal shall not cancel the registration until after the expiration of that period and after considering any submission lodged in response to the notice.
"(12) The Tribunal shall maintain the register in the prescribed manner at such place or places as the Tribunal determines.
"(13) A person may inspect and make copies of, or take extracts from, the register.
"(14) In this section—
     'business day', in relation to the lodgment of a notice by a person, means a day that is not—
          (a) a Saturday or a Sunday; or
          (b) a public holiday in the place where the principal office of the Tribunal is situated;
     'registered lender' means a person who is registered under this section.

Approved investments
"91d. (1) A person may apply to the Tribunal, in accordance with the form approved by the Tribunal, for a certificate under this section authorizing him to hold interests in a company holding a licence.
"(2) On receipt of an application under this section relating to interests in a company, the Tribunal may, in its discretion, but subject to sub-sections (3) and (4), issue a written certificate to the applicant authorizing him to hold either or both of the following, as specified in the certificate, namely—
     (a) shareholding interests in the company amounting to a specified amount;
     (b) loan interests in the company amounting to a specified amount.
"(3) A certificate under this section shall not authorize a person to hold interests in a company holding a licence unless—
     (a) the commercial television station operated by virtue of the licence is one of 2 or more such stations the programs of which are designed to be

     satisfactorily received in the same area or substantially the same area; and
     (b) the Tribunal is satisfied that the person is not, and is not likely to be, whether alone or in association with any other person or persons, in a position to exercise, either directly or indirectly, a significant influence on that company.
"(4) A certificate under this section shall