Document ID: chunk:federal_register_of_legislation:C2006A00129:clause:1_61amb
Version: federal_register_of_legislation:C2006A00129
Segment Type: clause
Provision Reference: sch 1 cl 61AMB
Character Range: 26134–26802

61AMB  Prohibition of transactions that result in an unacceptable 3‑way control situation coming into existence—civil penalty

 (1) This section applies if:
 (a) one or more transactions take place on or after the commencement day; and
 (b) the transactions have the result that an unacceptable 3‑way control situation comes into existence in relation to the licence area of a commercial radio broadcasting licence; and
 (c) the ACMA has not approved the transactions under section 61AMC.

 (2) A person must not be:
 (a) a party to the transactions; or
 (b) in a position to prevent the transactions taking place.

 (3) Subsection (2) is a civil penalty provision.