No action or proceeding, whether civil or criminal, lies:
(a) against the Commonwealth, the Minister, the ACMA, a member of the staff of the ACMA, a person who is a member of the panel constituting a hearing or a person acting with the authority of the ACMA in respect of the printing or publishing of a report of an investigation or a transcript of proceedings at a hearing; or
(b) in respect of the publication, by any means, of a fair and accurate report of proceedings at a hearing.