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In forceAmended2020 Revised Edition

Part 10 · Ownership and Control of Broadcasting Companies

32. Application of this Part to broadcasting company

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Amended

Last amended by an amending law of 2022.

(1)

This Part applies to every broadcasting company unless exempted by the Minister under section 60(b).

(2)

In this Part —

“broadcasting company” means a company incorporated or registered under the Companies Act 1967 which holds a relevant licence, or a broadcasting holding company;

“broadcasting holding company” means a holding company of a company incorporated or registered under the Companies Act 1967 which holds a relevant licence;

“holding company” has the meaning given by section 5 of the Companies Act 1967;

“relevant licence” means —

(a)

any free-to-air licence; or

(b)

any broadcasting licence under which a subscription broadcasting service may be provided,which permits broadcast which is capable of being received in 50,000 dwelling-houses or more, but does not include any class licence; or

(c)

any other broadcasting licence that the Minister may specify in the public interest or in the interests of public security or order, or national defence;

“sub-fund”, “umbrella VCC” and “VCC” have the meanings given by section 2(1) of the VCC Act;

“VCC Act” means the Variable Capital Companies Act 2018.

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