217 Financial terms of licence renewed under s 216
Communications Act 2003 (2003 c 21) | Legislation

217  Financial terms of licence renewed under s 216

(1)     The determination under [section 216(4A)(b)] must comprise—

(a)     a determination of the amount which the holder of the renewed licence will be required by the conditions of that licence to pay to OFCOM in respect of the first complete calendar year falling within the renewal period; and

(b)     a determination of the percentage of qualifying revenue for each accounting period of the licence holder falling within the renewal period which the holder of that licence will be required by those conditions to pay to OFCOM.

(2)

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