Paragraph 3

(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—

(a)

the multiplex revenue in relation to a licence holder for the purposes of section 56 for any accounting period, and

(b)

the share of multiplex revenue attributable to a person in relation to any national radio multiplex service for the purposes of any provision of Part II of this Act—

(i)

for any accounting period of the holder of the national radio multiplex licence, or

(ii)

for any year.

(2)

A statement under this paragraph may set out different principles for persons holding different kinds of licences.

(3)

Before drawing up or revising a statement under this paragraph OFCOM shall consult the Secretary of State and the Treasury.

(4)

OFCOM shall—

(a)

publish the statement drawn up under this paragraph and every revision of that statement; and

(b)

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. 2 substituted (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 142(3) (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))