SCHEDULE 2 Restrictions on the Holding of Licences
Part IV Restrictions on Controlling Interests in Both Newspapers and Licensed Services
Further restrictions on holding of local radio licences by a person who runs a local newspaper
F17
(1)
No person who runs a local newspaper which for the time being has, or local newspapers which for the time being together have, a local market share of 20 per cent. or more in each of the relevant areas may hold any three licences to provide local radio services any of which shares a potential audience with each of the other services.
(2)
No person who runs a local newspaper which for the time being has, or local newspapers which for the time being together have, a local market share of 20 per cent. or more in both the relevant areas may hold any two licences to provide local radio services which share a potential audience, unless one of the licences is an AM licence and the other is an FM licence.
(3)
In sub-paragraphs (1) and (2)—
(a)
“the relevant areas” means the coverage areas of the local radio services in question,
(b)
references to sharing a potential audience shall be construed in accordance with sub-paragraph (5) of paragraph 12 in Part III of this Schedule, and
(c)
“AM licence” and “FM licence” have the same meaning as in that paragraph.
(4)
For the purposes of this paragraph a person shall be treated as holding a licence if the licence is held by a person connected with him.
(5)
This paragraph has effect subject to paragraph 8.