37 When licences must not be allocated (1) A licence is not to be allocated to an applicant if: (a) the applicant is not a company that is registered as a company under Part 2A.2 of the Corporations Act 2001 and has a share capital; or (b) the ACMA decides that subsection 41(2) applies to the applicant. (2) Paragraph (1)(b) does not require the ACMA to consider the application of section 41 in relation to an applicant before allocating a licence to the applicant.

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Section 37 - Broadcasting Services Act 1992 - When licences must not be allocated — Zoe