Part IIU.K. Qualifying Revenue for purposes of Part III of this Act
Computation of qualifying revenueU.K.
1(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 the qualifying revenue for any accounting period of a licence holder for the purposes of any provision of Part III of this Act.U.K.
(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.
Textual Amendments
F1Words in Sch. 7 Pt. II substituted (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 72(3) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)
DisputesU.K.
2(1)For the purposes of any provision of Part III of this Act—U.K.
(a)the amount of the qualifying revenue for any accounting period of a person, or
(b)the amount of any payment to be made to [F1OFCOM] by any person in respect of any such revenue, or of an instalment of any such payment,
shall, in the event of a disagreement between [F1OFCOM] and that person, be the amount determined by [F1OFCOM] .
(2)No determination of [F1OFCOM] under this paragraph shall be called in question in any court of law, or be the subject of any arbitration; but nothing in this sub-paragraph shall prevent the bringing of proceedings for judicial review.
Textual Amendments
F1Words in Sch. 7 Pt. II substituted (29.12.2003) by Communications Act 2003 (c. 21), s. 411(2), Sch. 15 para. 72(3) (with Sch. 18); S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)