8Licensee must broadcast material of local significance

8 Licensee must broadcast material of local significance

(1) During daytime hours on a relevant business day, a licensee must broadcast the applicable number of hours of material of local significance.

(2) For subsection (1), if:

(a) material of local significance is advertising or sponsorship matter; and

(b) the licensee has received, or is entitled to receive, a payment or other consideration for broadcasting that material;

the advertising or sponsorship matter must comprise not more than 25% of the applicable number of hours on a relevant business day.

Note: For the applicable number of hours see section 4 of the Broadcasting (Hours of Local Content) Declaration No. 1 of 2007.