Document ID: chunk:federal_register_of_legislation:C2018A00095:clause:1_74g
Version: federal_register_of_legislation:C2018A00095
Segment Type: clause
Provision Reference: sch 1 cl 74G
Character Range: 10268–11283

74G  Notification by a person who ceases to be a foreign stakeholder in an Australian media company
 (1) If a person who was a foreign stakeholder in an Australian media company has ceased to be a foreign stakeholder in the company, the person must, within 30 days after the cessation, notify the ACMA in writing of:
 (a) the cessation; and
 (b) the circumstances that resulted in the cessation.

Civil penalty provision
 (2) Subsection (1) is a civil penalty provision.
 (3) A person who contravenes subsection (1) commits a separate contravention of that subsection in respect of each day (including a day of the making of a relevant civil penalty order or any subsequent day) during which the contravention continues.

Designated infringement notice provision
 (4) Subsection (1) is a designated infringement notice provision.

Self‑incrimination
 (5) A person is not required to notify information under subsection (1) if the information might tend to incriminate the person or expose the person to a penalty.