# Communications Act 2003, Paragraph 38


(1) Section 98 of the 1990 Act (applications for national licences) shall be amended as follows.
(2) For “the Authority” and “The Authority”, wherever occurring, there shall be substituted “ OFCOM ”.
(3) In subsection (3)(a) (proposals to accompany application)—
(a) the word “both”, and
(b) sub-paragraph (ii) and the word “and” immediately preceding it,
shall be omitted.
(4) After subsection (3) there shall be inserted—
“(3A) For the purposes of subsection (1)(d)(ii)—
(a) different percentages may be specified for different accounting periods; and
(b) the percentages that may be specified for an accounting period include a nil percentage.”
(5) In subsection (4) (provision of further information), after “paragraphs (a),” there shall be inserted “ (aa), ”.
(6) In subsection (6)(b) (publication of details of successful applicant), after “subsection (3)(a)” there shall be inserted “ and (aa) ”.

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Source: https://www.legislation.gov.uk/ukpga/2003/21/schedule/15/paragraph/38 (the official version)
Page: https://openlegislation.uk/communications-act-2003/schedule-15/paragraph-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.