{
  "url": "https://openlegislation.uk/broadcasting-act-1996/schedule-6/paragraph-1",
  "json_url": "https://openlegislation.uk/broadcasting-act-1996/schedule-6/paragraph-1.json",
  "legislation": "ukpga/1996/55",
  "legislation_title": "Broadcasting Act 1996",
  "legislation_url": "https://openlegislation.uk/broadcasting-act-1996",
  "path": "schedule/6/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "(1) In this Schedule—\n“the Charter” means the Royal Charter of 1st May 1996 for the continuance of the British Broadcasting Corporation;\n“preparatory scheme” means a transfer scheme whose main purpose is to provide for a transfer of property, rights or liabilities from the BBC to a wholly-owned subsidiary of the BBC;\n“successor company” means a company to which property, rights or liabilities are transferred in accordance with a preparatory scheme at a time when the company is a wholly-owned subsidiary of the BBC;\n“transfer” includes—\n(a)any transfer effected by or under an agreement or instrument entered into or executed in pursuance of an obligation imposed by a provision contained in a preparatory scheme by virtue of paragraph 2(1)(g) of Schedule 5;\n(b)the creation of interests, rights or liabilities by or under any such agreement or instrument; and\n(c)the creation of interests, rights or liabilities by virtue of any provision contained in a preparatory scheme by virtue of paragraph 2 of Schedule 5;\nand references to a transfer in accordance with a preparatory scheme shall be construed accordingly;\n“wholly-owned subsidiary” has the meaning given by section 1159 of the Companies Act 2006 .\n(2) Any reference in this Schedule to vesting in accordance with a preparatory scheme or vesting effected by a preparatory scheme shall be construed as a reference to vesting as a result of a transfer in accordance with a preparatory scheme.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 6 para. 1(1) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 162(c) (with art. 10)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "Cm. 3248."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1996/55/schedule/6/paragraph/1",
    "retrieved_at": "2026-10-29T09:29:43.309697+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}