# The Broadcasting (Independent Productions) (Amendment) Order 1995, Note: Explanatory note


(This note is not part of the Order)
This Order raises the maximum shareholding which a producer may hold in a broadcaster and which one broadcaster may hold in a producer from 15 per cent to 25 per cent and provides that two or more broadcasters may hold up to 50 per cent of the shares in a producer, without, in any of those cases, the producer thereby losing his status as an independent producer.
The Order enables a producer established in the European Economic Area to hold any quantity of shares in a broadcaster outside it without losing the status of being an independent producer.
The Order also excludes the providers of teletext and similar services from the definition of “broadcaster.”

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Source: https://www.legislation.gov.uk/uksi/1995/1925/note (the official version)
Page: https://openlegislation.uk/broadcasting-independent-productions-amendment-order-1995/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.