The Channel 4 (Application of Excess Revenues) Order 1996
Local Government
King's Printer of Acts of Parliament
2011-07-04
BROADCASTING
This Order reduces from 50% to nil the percentage of the excess revenue of the Channel Four Television Corporation which must be carried to the credit of a reserve fund of the Corporation under section 27(3) of the Broadcasting Act 1990.
2
In section 27(3)(a) of the Broadcasting Act 19902, for “50 per cent” substitute “nil per cent”.