Commonwealth Consolidated Acts

BROADCASTING SERVICES ACT 1992 - SECT 37

  (1)   A licence is not to be allocated to an applicant if:

  (a)   the applicant is not a company that is registered as a company under Part   2A.2 of the Corporations Act 2001 and has a share capital; or

  (b)   the ACMA decides that subsection   41(2) applies to the applicant.

  (2)   Paragraph   (1)(b) does not require the ACMA to consider the application of section   41 in relation to an applicant before allocating a licence to the applicant.