357Meaning of “control”U.K.
(1)In paragraph 1(3)(b) of Part 1 of Schedule 2 to the 1990 Act (control where a person will be able, without having at least a 50 per cent. interest in it, to have the affairs of a body conducted in accordance with his wishes)—
(a)for “will be able” there shall be substituted “ would (if he chose to) be able in most cases or in significant respects ”; and
(b)for “the affairs” there shall be substituted “ affairs ”.
(2)It shall be the duty of OFCOM to publish guidance setting out their intentions concerning the inclusion of particular matters in the matters that they will take into account when determining whether a person has control of a body, within the meaning of paragraph 1(3)(b) of Part 1 of Schedule 2 to the 1990 Act.
(3)OFCOM may from time to time revise the guidance issued by them under this section.
(4)OFCOM must publish the guidance and, where they revise it, the revised guidance in such manner as they consider appropriate for bringing it to the attention of the persons who, in their opinion, are likely to be affected by it.
Commencement Information
I1S. 357 in force at 29.12.2003 by S.I. 2003/3142, art. 3(1), Sch. 1 (with art. 11)