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Broadcasting Services Act 1992
49Surrender of commercial broadcasting licences
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49 Surrender of commercial broadcasting licences
A commercial television broadcasting licensee or a commercial radio broadcasting licensee may, by notice in writing given to the ACMA, surrender the licence.
Part 5—Control of commercial broadcasting licences
Division 1—Preliminary
50A This Part does not apply in relation to licences allocated under section 38C or subsection 40(1)
This Part does not apply in relation to:
(b) a commercial radio broadcasting licence;
if the licence was allocated under section 38C or subsection 40(1).