Paragraph 1

United Kingdom

(1)

The Corporation shall be a body corporate.

(2)

The Corporation shall not be treated for the purposes of the enactments and rules of law relating to the privileges of the Crown as a body exercising functions on behalf of the Crown.

F1(3)

The Corporation may do anything which appears to them to be incidental or conducive to the carrying out of their functions.

(4)

The powers of the Corporation under sub-paragraph (3) include power, to the extent that it appears to them incidental or conducive to the carrying out of their functions to do so—

(a)

to borrow money;

(b)

to carry on activities (other than those comprised in their duty to carry out their F2Channel 4 functions) through Channel 4 companies; and

(c)

to participate with others in the carrying on of any such activities.

F3(5)

In sub-paragraph (4) “Channel 4 functions” means—

(a)

securing the continued provision of Channel 4, and

(b)

the fulfilment of the public service remit for that Channel under section 265 of the Communications Act 2003.

Annotations

Textual amendments

F1: Sch. 3 para. 1(3)(4) substituted (29.12.2003) by Communications Act 2003 (c. 21), ss. 199(4), 411(2) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
F2: Words in Sch. 3 para. 1(4)(b) substituted (8.6.2010) by Digital Economy Act 2010 (c. 24), ss. 22(6)(a), 47(1)
F3: Sch. 3 para. 1(5) inserted (8.6.2010) by Digital Economy Act 2010 (c. 24), ss. 22(6)(b), 47(1)

Notes on Schedule 3

Modifications

C1: Sch. 3: transfer of functions (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 1 para. 4 (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)