You will be required to notify the agency if you are a foreign person with an interest of 2.5 per cent or more in an Australian media company.
A foreign person means:
If you acquire or cease to hold company interests or otherwise change the ownership status to more or less than 2.5 per cent interest in an Australian media company, you will be required to notify the agency within 30 days of this occurring.
An obligation defined in law. A business must comply with relevant services.
You will also be required to notify the agency if you are acting on behalf of foreign stakeholders such as executors or administrators of estates and liquidators of corporations if the entity you represent are subject to notification requirements.
You will also be required to notify the agency at the end of the financial year if you hold company interests of 2.5 per cent or more in an Australian media company.
One financial year
Fees Details for this service in table format.
No fees are required
Broadcasting Services Act 1992 Australian Government
Foreign Acquisitions and Takeovers Act 1975 Australian Government
Department of Infrastructure, Transport, Regional Development, Communications and the Arts
Australian Communications and Media Authority
Content, Consumer and Citizen
Contact Email, Phone and Address Details for this service in simple two column table format, header then data.
Foreign Ownership (Opens in new window)
