Paragraph 7 Qualifying worldwide revenueF1

For the purposes of this Schedule, OFCOM must produce a statement giving information about the amounts which it does, or does not, regard as comprising a person’s “qualifying worldwide revenue”.

The statement must include provision about the application of that term to a group of entities for the purposes of paragraph 4 of this Schedule.

The statement may make different provision in relation to different kinds of regulated television selection services, designated internet programme services, designated radio selection services and relevant internet radio services.

Before producing the statement (including a revised or replacement statement), OFCOM must consult—

OFCOM must keep the statement under review.

OFCOM must publish the statement (and any revised or replacement statement).

OFCOM must send a copy of the statement (and any revised or replacement statement) to the Secretary of State and the Secretary of State must lay it before Parliament.