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The Channel 4 (Application of Excess Revenues) Order 1996

S.I. 1996/3093 · Made 10 December 1996

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

BROADCASTING

Made 10th December 1996

Coming into force 11th December 1996

The Secretary of State, in exercise of the powers conferred on her by section 27(7) of the Broadcasting Act 1990f1, hereby makes the following Order a draft of which has been laid before and approved by resolution of each House of Parliament:—

Annotations to the whole text

Footnotes

f1

1990 c. 42; section 27(7) was inserted by the Broadcasting Act 1996 (c. 55), section 83940.

Contents

  1. 1Article 1
  2. 2Article 2
  3. Signature
  4. Explanatory note

1

This Order may be cited as the Channel 4 (Application of Excess Revenues) Order 1996 and shall come into force on the day after the day on which it is made.

2

In section 27(3)(a) of the Broadcasting Act 1990f1, for “50 per cent” substitute “nil per cent”.

Signature

Virginia Bottomley

Secretary of State for National Heritage

10th December 1996

Explanatory note

(This note is not part of the Order)

This Order reduces from 50% to nil the percentage of the excess revenue of the Channel Four Television Corporation which must be carried to the credit of a reserve fund of the Corporation under section 27(3) of the Broadcasting Act 1990.