6Definitions

6 Definitions

In this Act:

accounting standards means:

(a) accounting standards within the meaning of the Corporations Act 2001; or

(b) international accounting standards made or adopted by the International Accounting Standards Board; or

(c) accounting standards made by a body of a foreign country that correspond to, and are equivalent to, standards covered by paragraph (a) or (b).

Note: For paragraph (b), in 2026 the international accounting standards can be accessed from the IFRS website (https://www.ifrs.org).

active Australian user has the meaning given by subsection 7(3).

affiliate has the same meaning as in the Income Tax Assessment Act 1997.

amount includes a nil amount.

Australia, when used in a geographical sense, includes the external Territories.

avoider has the meaning given by paragraph 22(1)(a).

carriage service has the same meaning as in the Telecommunications Act 1997.

carried forward eligible expenditure means an amount that is eligible expenditure because of subsection 17(3).

charge means charge imposed by the News Media Bargaining Charge Act 2026.

charge benefit has the meaning given by subsection 23(1).

charge offset has the meaning given by subsection 17(1).

Commissioner means the Commissioner of Taxation.

connected with has the same meaning as in the Income Tax Assessment Act 1997.

control, of an entity by another entity, means control of the entity within the meaning of the accounting standards.

controlled entity: an entity is a controlled entity of another entity if the other entity controls the entity.

covered news content has the same meaning as in Part IVBA of the Competition and Consumer Act 2010.

electronic service means:

(a) a service that allows end‑users to access material using a carriage service; or

(b) a service that delivers material to persons having equipment appropriate for receiving that material, where the delivery of the service is by means of a carriage service;

but includes neither a broadcasting service, nor a datacasting service, within the meaning of the Broadcasting Services Act 1992.

eligible expenditure has the meaning given by subsection 17(2) or (3).

financial reporting period, for a service group, means a financial reporting period:

(a) of the parent entity of the service group; and

(b) as determined in accordance with accounting standards that are applicable to the parent entity of the service group.