(1) If:
(a) a transaction takes place that places a person in breach of a provision of Division 2 or 3; and
(b) the person knew, or ought reasonably to have known, that a result of the transaction would be to place the person in breach of a provision of Division 2 or 3; and
(c) the person was a party to the transaction or was in a position to prevent the transaction taking place; and
(d) the ACMA has not approved the breach under section 67;
the person commits an offence.
(e) if the breach relates to a commercial television broadcasting licence--20,000 penalty units; or
(f) if the breach relates to a commercial radio broadcasting licence--2,000 penalty units.
(1A) In a prosecution for an offence against subsection (1), it is not necessary to prove that the defendant knew that the provision breached was a provision of Division 2 or 3.
(2) A person who breaches subsection (1) commits a separate offence in respect of each day (including a day of a conviction under this subsection or any subsequent day) during which the breach of Division 2 or 3 continues.
(3) A prosecution for an offence under this section against a person in relation to a transaction cannot be commenced if the ACMA has given the person a notice under section 70 in relation to the transaction and the time for compliance with the notice has not expired.