# The Channel 4 (Application of Excess Revenues) Order 1997, Note: Explanatory note


(This note is not part of the Order)
This Order reduces from 50% to 331/3% the percentage of the excess revenue of the Channel Four Television Corporation which must be paid to the Independent Television Commission under section 27(1)(a) of the Broadcasting Act 1990.

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Source: https://www.legislation.gov.uk/uksi/1997/3019/note (the official version)
Page: https://openlegislation.uk/channel-4-application-of-excess-revenues-order-1997/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.