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Article 5 Regional Channel 3

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

A person who is the holder of licences to provide two regionalChannel 3 services (in accordance with paragraph 2(1) of Part III ofSchedule 2 to the Act and articles 3 and 4) shall not be a participantwith more than a 20% interest in a body corporate which is the holder of another licence to provide a regional Channel 3 service.

(2)

Where such a person as is mentioned in paragraph (1) is aparticipant with more than a 5% interest in a body corporate which isthe holder of another licence to provide a regional Channel 3 service(but, in accordance with that paragraph, is not a participant with morethan a 20% interest in it), he shall not be a participant with more than a 5% interest in any other such body corporate.