Commonwealth Numbered Acts

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BROADCASTING LEGISLATION AMENDMENT ACT 1988 No. 146 of 1988 - SECT 22

22. After section 81 of the Principal Act the following sections are inserted:
Who is eligible for the grant of a licence?

"81AA. (1) A commercial licence shall only be granted to a company that is
formed within the limits of the Commonwealth or a Territory and has a share
capital.

"(2) A public licence shall only be granted to a corporation that is formed
within the limits of the Commonwealth or a Territory.

"(3) A public licence shall not be granted to:

   (a)  a corporation whose objects include the acquisition of profit or gain
        for the benefit of its individual members;

   (b)  a government corporation; or

   (c)  a political party.

"(4) A remote licence shall only be granted to:

   (a)  a company that is formed within the limits of the Commonwealth or a
        Territory and has a share capital; or

   (b)  a consortium of companies to which paragraph (a) applies.

"(5) A limited licence shall only be granted to a corporation that is formed
within the limits of the Commonwealth or a Territory. Licence held by a
consortium

"81AB. Where a remote licence or a supplementary radio licence is granted to
the members of a consortium:

   (a)  the persons to whom the licence is granted take the licence in equal
        undivided shares as owners in common;

   (b)  references in the licence, in this Act and in any other law to the
        licensee or to the holder of the licence shall be read as references
        to each co-owner of the licence; and

   (c)  the performance by a co-owner of the licence of an obligation imposed
        by the licence, by this Act or by any other law on the licensee or the
        holder of the licence shall, to the extent of that performance, be
        deemed to release that co-owner and each other co-owner of the licence
        from that obligation.". 


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