Omnibus Repeal Day (Autumn 2014) Act 2014 (109 of 2014)

Schedule 2   Communications

Part 14   Other amendments

Broadcasting Services Act 1992

223   After subsection 205B(4)

Insert:

(4A) For the purposes of the application of subparagraph (1)(c)(i) to a licensee:

(a) a balance-sheet must be an audited balance-sheet; and

(b) a profit and loss account must be an audited profit and loss account;

unless the licensee is included in a class of licensees specified by the ACMA in a legislative instrument.