Paragraph 1
It shall be the duty of F1OFCOM to draw up, and from time to time review, a statement setting out the principles to be followed in ascertaining—
the multiplex revenue in relation to a licence holder for the purposes of section 14 for any accounting period, and
the share of multiplex revenue attributable to a person in relation to any multiplex service for the purposes of any provision of Part I of this Act—
for any accounting period of the holder of the multiplex licence, or
for any year.
A statement under this paragraph may set out different principles for persons holding different kinds of licences.
Before drawing up or revising a statement under this paragraph OFCOM shall consult the Secretary of State and the Treasury.
OFCOM shall—
publish the statement drawn up under this paragraph and every revision of that statement; and
transmit a copy of that statement, and every revision of it, to the Secretary of State;
and the Secretary of State shall lay copies of the statement and of every such revision before each House of Parliament.
Annotations
Textual amendments
- F1
Words in Sch. 1 Pt. 1 substituted (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 142(2) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
Notes on Schedule 1
Modifications
- C1
Sch. 1 applied (prosp.) by 1990 c. 42, s. 26(9A) (as inserted by 1996 c. 55, s. 82(3))