LegalizeThe Channel 4 (Application of Excess Revenues) Order 1998
Made: 24th November 1998
Coming into force: 25th November 1998
Now, therefore, the Secretary of State, in exercise of the powers conferred on him by section 27(7) of the Broadcasting Act 1990, hereby makes the following Order:
Citation and commencement
1
This Order may be cited as the Channel 4 (Application of Excess Revenues) Order 1998 and shall come into force on the day after the day on which it is made.
Application of excess revenues
2
In section 27(1)(a) of the Broadcasting Act 1990, for “33⅓ per cent” substitute “nil per cent”.
Signed
Chris Smith — Secretary of State for Culture, Media and Sport — 24th November 1998
Explanatory note
(This note is not part of the Order)
This order amends section 27(1)(a) of the Broadcasting Act 1990 so as to reduce from 33⅓ per cent to nil per cent the percentage of the excess revenues of the Channel Four Television Corporation which must be paid to the Independent Television Commission under that section.
Footnotes
1990 c. 42. Section 27 of the Broadcasting Act 1990 is amended by section 83 of the Broadcasting Act 1996 (c. 55) and by the Channel 4 (Application of Excess Revenues) Order 1997 (S.I. 1997/3019).
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