Article 7 National Channel 3

A person who is the holder of a licence to provide a nationalChannel 3 service shall not be a participant with more than a 20%interest in a body corporate which is the holder of another licence toprovide a national Channel 3 service.

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 national 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.