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Broadcasting Services Amendment (Media Ownership) Bill 2006

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5073

2004-2005-2006

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

Broadcasting Services Amendment (Media Ownership) Bill 2006

 

 

 

(1)     Schedule 1, item 8, page 7 (after line 17), at the end of section 61AB, add:

             (3)  For the purposes of this Division:

                     (a)  each entity and any related entity of a commercial radio broadcasting licensee or a commercial television broadcasting licensee is deemed to be worth one point in accordance with section 61AC;

                     (b)  related entity in this subsection has the same meaning as in section 26-35 of the Income Tax Assessment Act 1997 .

[related entities]

(2)     Schedule 1, item 8, page 10 (after line 7), at the end of section 61AC, add:

             (3)  Despite anything to the contrary in this section, a commercial radio broadcasting licensee or commercial television broadcasting licensee which broadcasts a content of 20% or less comprising comment (where comment includes news, current affairs, issues of public opinion and talkback radio) in any 24 hour period, is deemed to not be worth one point for the purposes of this section.

[voice test]