CTHIn ForceAct
Broadcasting Services Act 1992
74HNotification by a person who is a foreign stakeholder in an Australian media company at the end of a financial year
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74H Notification by a person who is a foreign stakeholder in an Australian media company at the end of a financial year
(1) If, at the end of a financial year, a person is a foreign stakeholder in an Australian media company, the person must, within 30 days after the end of the financial year, notify the ACMA in writing of:
(b) the circumstances that resulted in the person being a foreign stakeholder in the company at the end of the financial year; and
(c) the person’s company interests in the company at the end of the financial year; and
(e) the reason why the person was a foreign person at the end of the financial year; and
(4) 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.
(6) 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.