# The Broadcasting (Restrictions on the Holding of Licences) Order 1991, Article 5: Regional Channel 3


(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.

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Source: https://www.legislation.gov.uk/uksi/1991/1176/article/5 (the official version)
Page: https://openlegislation.uk/broadcasting-restrictions-on-the-holding-of-licences-order-1991/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.