Commonwealth Consolidated Acts

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BROADCASTING SERVICES ACT 1992 - SECT 205ZH

Grants

             (1)  The ACMA may, on behalf of the Commonwealth, make a grant of financial assistance to:

                     (a)  a constitutional corporation that publishes a newspaper, magazine or other periodical; or

                     (b)  a content service provider (within the meaning of Schedule 7);

in respect of:

                     (c)  the financial year commencing on 1 July 2018; or

                     (d)  the financial year commencing on 1 July 2019; or

                     (e)  the financial year commencing on 1 July 2020.

             (2)  A grant of financial assistance must not be made to a person under this section unless the person is party to an agreement under subsection 205ZJ(2).

             (3)  The total amount of financial assistance granted under this section must not exceed $50,100,000.

             (4)  Payments under this section are to be made out of money appropriated by the Parliament by another Act.

Note:          The other Act will usually be an Annual Appropriation Act.



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