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- Point in Time (24/07/1996)
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Version Superseded: 29/12/2003
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Broadcasting Act 1996, Section 88 is up to date with all changes known to be in force on or before 14 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)Section 45 of the 1990 Act (licensing etc. of non-domestic satellite services) is amended as follows.
(2)In subsection (5), for “and” there is substituted “ to ”.
(3)In subsection (6), for “shall instead be £50,000” there is substituted— “shall not exceed whichever is the greater of—
(a)£50,000, and
(b)the amount determined under subsection (6A).
(6A)The amount referred to in subsection (6)(b) is—
(a)in a case where a penalty under section 41(1)(a) has not previously been imposed on the holder of the licence during any period for which his licence has been in force (“the relevant period”), 3 per cent. of the qualifying revenue for his last complete accounting period (as determined in accordance with section 19(2) to (6)); and
(b)in any other case, 5 per cent. of the qualifying revenue for that accounting period (as so determined);
and in relation to a person whose first complete accounting period falling within the relevant period has not yet ended, paragraphs (a) and (b) above shall be construed as referring to 3, or (as the case may be) 5, per cent. of the amount which the Commission estimate to be the qualifying revenue for that accounting period (as so determined).”
(4)Subsections (8) and (9) are omitted.
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