Document ID: chunk:federal_register_of_legislation:C2021C00345:clause:3_43
Version: federal_register_of_legislation:C2021C00345
Segment Type: clause
Provision Reference: sch 3 cl 43
Character Range: 32809–33885

43  After subsection 73(2)
Insert:
 (3) Subject to subsections (4), (5) and (6), if a spectrum licence includes a renewal statement to the effect that the licence may be renewed at the discretion of the ACMA so long as specified circumstances exist, the ACMA may, by written notice given to the licensee of the licence, vary the licence by:
 (a) varying the circumstances specified in the renewal statement included in the licence; or
 (b) omitting the renewal statement included in the licence and substituting another renewal statement to the effect that the licence may be renewed at the discretion of the ACMA so long as specified circumstances exist.
 (4) The ACMA must not vary the licence under subsection (3) unless the ACMA is satisfied that exceptional circumstances exist that warrant the variation of the licence.
 (5) If the renewal statement is varied, the statement as varied must comply with the requirements of section 65A.
 (6) If another renewal statement is substituted, the substituted renewal statement must comply with the requirements of section 65A.