Document ID: chunk:federal_register_of_legislation:C2025C00023:section:61ag
Version: federal_register_of_legislation:C2025C00023
Segment Type: section
Provision Reference: s 61AG
Character Range: 196526–197386

61AG  Prohibition of transactions that result in an unacceptable media diversity situation coming into existence—offence
  A person commits an offence if:
 (a) one or more transactions take place on or after the commencement day; and
 (b) the transactions have the result that:
 (i) an unacceptable media diversity situation comes into existence in relation to the licence area of a commercial radio broadcasting licence; or
 (ii) if an unacceptable media diversity situation already exists in relation to the licence area of a commercial radio broadcasting licence—there is a reduction in the number of points in the licence area; and
 (c) the person was:
 (i) a party to the transactions; or
 (ii) in a position to prevent the transactions taking place; and
 (d) the ACMA has not approved the transactions under section 61AJ.
Penalty: 20,000 penalty units.