SCHEDULES

C1SCHEDULE 1 Multiplex revenue: supplementary provisions

Annotations:
Modifications etc. (not altering text)
C1

Sch. 1 applied (prosp.) by 1990 c. 42, s. 26(9A) (as inserted by 1996 c. 55, s. 82(3))

Part II Multiplex revenue for purposes of Part II of this Act

Computation of multiplex revenue

3

1

It shall be the duty of F1OFCOM to draw up, and from time to time review, a statement setting out the principles to be followed in ascertaining—

a

the multiplex revenue in relation to a licence holder for the purposes of section 56 for any accounting period, and

b

the share of multiplex revenue attributable to a person in relation to any national radio multiplex service for the purposes of any provision of Part II of this Act—

i

for any accounting period of the holder of the national radio multiplex licence, or

ii

for any year.

2

A statement under this paragraph may set out different principles for persons holding different kinds of licences.

3

Before drawing up or revising a statement under this paragraph F1OFCOM shall consult the Secretary of State and the Treasury.

4

F1OFCOM shall—

a

publish the statement drawn up under this paragraph and every revision of that statement; and

b

transmit a copy of that statement, and every revision of it, to the Secretary of State;

and the Secretary of State shall lay copies of the statement and of every such revision before each House of Parliament.