Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Register of Foreign Owners of Media Assets must set out, for each Australian media company, the following information about each foreign stakeholder in the company:
(a) the name of the foreign stakeholder;
(b) the foreign stakeholder's company interests in the company;
(c) the method used to determine those company interests;
(d) the reason why the foreign stakeholder is a foreign person;
(e) if the foreign stakeholder is an individual--the country in which the foreign stakeholder is ordinarily resident;
(f) if the foreign stakeholder is a corporation--the country in which the corporation was formed;
(g) if the foreign stakeholder is a trustee of a trust:
(i) the name of the trust; and
(ii) the country in which the trust was established;
(h) if the foreign stakeholder is a foreign government investor as the result of the application of paragraph 17(a) of the Foreign Acquisitions and Takeovers Regulation 2015 to a separate government entity of a foreign country or a part of a foreign country--the foreign country or the part of the foreign country, as the case may be;
(i) if the foreign stakeholder is a foreign government investor wholly or partly as the result of the application of paragraph 17(b), (c), (d) or (e) of the Foreign Acquisitions and Takeovers Regulation 2015 to a foreign government--the foreign government;
(j) if the foreign stakeholder is a foreign government investor wholly or partly as the result of the application of paragraph 17(b), (c), (d) or (e) of the Foreign Acquisitions and Takeovers Regulation 2015 to a separate government entity of a foreign country or a part of a foreign country--the foreign country or the part of the foreign country, as the case may be.
(2) Despite subsection (1), the Register of Foreign Owners of Media Assets must not set out particular information if the ACMA is satisfied that disclosure of the information could reasonably be expected to prejudice materially the commercial interests of a person.