Article 10 Outside participation in Channel 3 and Channel 5
A person to whom this article applies shall not—
if he is a participant with more than a 20% interest in two bodiescorporate which are the holders of licences to provide regional Channel3 services, be a participant with more than a 20% interest in a thirdsuch body corporate; nor
if he is a participant with more than a 20% interest in a bodycorporate which is the holder of a licence to provide any of theservices mentioned in paragraph 1(2)(a) of Part III of Schedule 2 to theAct, be a participant with more than a 20% interest in a second suchbody corporate where either of the bodies is the holder of a licence toprovide a national Channel 3 service or Channel 5.
Where such a person as is mentioned in paragraph (1) is aparticipant in the maximum number of bodies corporate permitted by thatparagraph, he shall not be a participant with more than a 5% interest in any other body corporate which is the holder of a licence to provide aChannel 3 service or Channel 5.
A person to whom this article applies shall not, if he is aparticipant with more than a 5% interest in three bodies corporate which are the holders of licences to provide Channel 3 services or Channel 5,be a participant with more than a 5% interest in any other such bodycorporate.
This article applies to a person who does not hold a licence toprovide a Channel 3 service or Channel 5 and has effect as if he andevery person connected with him were one person.