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(1)The authority called the Independent Broadcasting Authority shall continue in existence as a body corporate.
(2)The Authority shall consist of—
(a)a Chairman and a Deputy Chairman, and
(b)such number of other members, not being less than five, as the Secretary of State may from time to time determine.
(3)Unless and until the Secretary of State otherwise determines by notice in writing to the Authority, a copy of which shall be laid before each House of Parliament, the number of those other members shall be ten.
(4)Schedule 1 shall have effect with respect to the Authority.
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